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Suncor Energy Inc T.SU

Alternate Symbol(s):  SU

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

Comment by w8asecon Aug 04, 2022 8:00pm
302 Views
Post# 34872808

RE:5 to 10 % drop tomorrow on revised production target

RE:5 to 10 % drop tomorrow on revised production targetangelnicky, I would liked to have seen unchanged guidance as well... however with that said, you really are a glass 90% empty type aren't you?

How can the stock drop 5-10% - It's insignificant at a 3.5% production drop, and not of any real material change... WTI fluctuated more than that today alone.

Stop worrying... you'll run out of underwear.
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