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.

TSX:SU - Post by User

Suncor Energy Inc > Drought all over and crack spreads

<< Previous

Bullboard Posts

Next >>

Comment by mrbbon Aug 19, 2022 5:45pm

214 Views

Post# 34908525

RE:Drought all over and crack spreads

one more renewable, hydropower is losing its shine

lifeisgood1010 wrote: I wonder how many investors take into account all the major drought occuring all over the world.

In china the water level are in many places at critical level.Same thing in the USA.

Lake Mead level is 25 feets lower...

There will be huge demand for company that still have long live assets like SU, CVE.CNQ...

How reliable will be these eletric power stations going foreward?

As i write, WTI is up$1.30 but the 3-2-1 spread is keeping up at $58.57.