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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 Wynjoeon Aug 10, 2022 8:52am
186 Views
Post# 34884103

RE:Oil sell off is a gift

RE:Oil sell off is a giftMaybe,maybe not. When everyone is saying oil price dropping is just a blip, it may very well prove to be the opposite. The world is trying to rid itself of fossil fuels and underneath all these oil price increases there continues a huge rush to greener energy, which is slowly growing, and we haven't seen the big affect of this yet. I see hybrids in my family everywhere now,(bit to cold in winter for full time electric),but it's coming fast, windfarms hydro and hydrogen abounds and personally I think many will be shocked at how soon and how fast oils demise occurs. Be careful is all I say.
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