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 angelnickyon Aug 04, 2022 8:05pm

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Post# 34872820

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

marfket doesnt like any downward changes
su will pay tomorrow'
it is a significant change of cash flow for remaining year with 10 to 30 k barrels less per day, reduction of FCF 90 million to 250 million at 80 dollar oil

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