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Suncor Energy Inc T.SU

Alternate Symbol(s):  SU

Suncor Energy Inc. is a Canada-based integrated energy company. The Company's segments include Oil Sands, Exploration and Production (E&P), and Refining and Marketing. Its operations include oil sands development, production and upgrading; offshore oil production; petroleum refining in Canada and the United States; and the Company’s Petro-Canada retail and wholesale distribution networks (including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicle (EV) stations). The Company is developing petroleum resources while advancing the transition to a lower-emissions future through investments in lower-emissions intensity power, renewable feedstock fuels and projects targeting emissions intensity. The Company also conducts energy trading activities focused primarily on the marketing and trading of crude oil, natural gas, byproducts, refined products and power. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region.


TSX:SU - Post by User

Post by Clemxb7on May 16, 2022 1:40pm
238 Views
Post# 34686769

SU = Strategic North American Asset; Power = Energy = Power

SU = Strategic North American Asset; Power = Energy = PowerAs Europe is and is looking to find out having sufficient energy, be it hydrocarbon or green is extremely important economically.

Germany has recently shut down multiple gigawatts of carbon free reliable Nuclear and then put all hydro-carbon eggs in Vlad's basket. I wouldn't bet against Germany though I bet they wish they had a Suncor to rely on.

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