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 > Stay clear of oil stocks for now...

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Comment by Mirko22on Jul 15, 2022 9:39am

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Post# 34826666

RE:RE:Stay clear of oil stocks for now...

ThirdStringBot wrote: Oil may drop in the short term but where else can you get a 4.7% dividend and a share bayback plan

Lots of stock like BCE, ENB, CPX RUS, QSR

I ended up buying it SU at 25K shares and down about 120K already. As soon as if i ever get to my average cost i am out. I hate oil stock.

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