Suncor Energy Inc T.SU

Alternate Symbol(s): SU

Energy Oil & Gas Integrated

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

Suncor Energy Inc > PT increase

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Comment by Obscure1on Jun 16, 2022 5:17pm

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Post# 34762772

RE:PT increase

Travis Wood has had a BUY recommendation on SU for years despite typically having very low targets that are sometimes below the actual trading price.

Travis is by far the most prolific reporter of SU among analysts which investors should appreciate.

Seeing a target of $73 from Travis is really quite an eye opener. A raise in target price of $19 is pretty unusual, particularly coming from a conservative analyst like Travis.

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