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 > 5 to 10 % drop tomorrow on revised production target

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Comment by w8asecon Aug 04, 2022 8:05pm

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Post# 34872819

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

I think you are correct in that it';s better than CPG... however, I think selling this pig and buying CNQ, CJ, or GXE will be wayyyyyyyyyy better.... they should have given us a special divy.

bossu wrote: If so , I add to my position.
A 0,47 quartely dividend or $ 1,88 per year is 4,7 % yield !

Better than a CPG and the strategy would be to add on weakness !