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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

Post by Wynjoeon Sep 26, 2022 8:10am
394 Views
Post# 34985844

Always expect the unexpected....

Always expect the unexpected....Oil will test $70.00. Recession worries will put pressure on all stocks. Suncor is undervalued but that hasn't stopped other viable stocks from dropping below values.Suncor also has the environmental problems that cannot be ignored and this world has gone crazy with fanatics protesting outside financial institutions that hold securities like Suncor,especially because of the "oilsands" stigma.I think Suncor is a strong buy,but it appears a majority thinks otherwise.
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