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 > Suncor Downgraded

<< Previous

Bullboard Posts

Next >>

Comment by Bigbear7405on Jul 13, 2022 5:20pm

199 Views

Post# 34822212

RE:Suncor Downgraded

The only reason oil is going down is because of the drain on SPR. Make no mistake, store oil is going down consistently.. 180 million barrel draw leaving reserves at what a 40 year low. This continued drain ends in a few months. Then what?

angelnicky wrote: A number of downgrades over the last few days
investors leaving oil/gas now as recession is around the corner
If quarter report does not meet expectation, this stock may hit in 20's

<< Previous

Bullboard Posts

Next >>

Crypto and blockchain stock ends year with a profit