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 > With all it problems SU is a screaming buy

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Comment by Bigbear7405on Jul 12, 2022 1:45pm

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Post# 34818575

RE:RE:With all it problems SU is a screaming buy

Considering there is a shortage of fuel and the spr drain can only last for so long. Not too.mention so.many retirees who have been locked down for so.long. A recession with 75.million boomers who are retired and flying everywhere.

jx7000 wrote:
goldenrivit wrote: SU is a cash printing press in this high oil price.If the oil price drop today did not happen SU would have rebounded on new of Mark hiting the exit as he was not liked by investors.That said Elliott is now likely to get board members in place to unlock value by selling Petro Canada gas stations to Cushtard or some other store/gas retailor.SU IS A BUY rebound will happen very soon.

Give up a recurring source of revenue for a one-time pop from the sale of Petro Canada stations? I don't know why investors would think that's good in the long run.