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.

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Suncor Energy Inc > Options Action CNBC

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Comment by Bigbear7405on Jun 20, 2022 12:31pm

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Post# 34769009

RE:RE:RE:RE:RE:Options Action CNBC

Record amount of Boomers are retired and have their houses paid off and want to travel. They have defined benefit pensions as well. All recessions are different and they have all the.money.

Tommy123 wrote:
Why would oil go up? We're facing a recession when people will not be spending on travel, driving, etc.

Owlseye1 wrote: $30 eh! Good luck waiting for this. Better odds of seeing $60 sp.Oil will bounce here again to $140 ish. Nice to dream l guess but not going to visit $30 again to much has changed from back in the day you'll get old n die waiting!lol