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 > IF SU SELLS PC Gas Stations, ALL Proceeds Should Go To DEBT

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Comment by autofocus111on Jul 26, 2022 8:22pm

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Post# 34852566

RE:RE:RE:IF SU SELLS PC Gas Stations, ALL Proceeds Should Go To DEBT

mrbb "SU shouldn't have money problem the way energy prices are heading." Exactly. If they don't want the retail assets, why not spin it off to SU shareholders instead and let us decide if we want to hold or sell it? The business is large enough to stand on its own. Plus they can transfer a reasonable level of debt to the new company.

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