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 and gas production, petroleum refining in Canada and the United States and its Petro-Canada retail and wholesale distribution networks, including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicles (EV) stations. Petro-Canada has a network of over 1,800 retail and wholesale locations across Canada, providing customers with a wide variety of fuel and service offerings including low-carbon fuel options. The Company is developing petroleum resources while advancing the transition to a low-emissions future through investment in power and renewable fuels. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region, approximately 90 kilometers north of Fort McMurray.

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Suncor Energy Inc > Rebalancing info

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Post by w8asecon Jun 23, 2022 6:51pm

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Post# 34778828

Rebalancing info

Below are the stocks that I own or follow in the Oil and Gas sector

I decided to calculate their percentage drop from the year's high of a few weeks ago.

Hopefully this might help those wanting to rebalance for taxation or portfolio strategies... whether you prefer oversold or resilience

I'm hopeful we will experience a hockey stick recovery at some point... most likely around Q2 reports.

I'm posting the percentage drop alphabetically by sticker symbol... and wonder why PIPE & BTE has dropped soooo much in comparison to peers... also soon at this rate of drop share prices will be less than EPS, lol... The faster it drops to the bottom the better.

ARX - 35.3

ATH - 34.9

BTE - 39.4

CJ - 29.0

CNQ - 26.7

CPG - 36.4

CVE - 25.9

ERF 30.3

HWX - 31.8

IMO - 20.2

MEG - 32.2

OVV - 29.6