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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 and gas production, petroleum refining in Canada and the United States and its Petro-Canada retail and wholesale distribution networks, including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicles (EV) stations. Petro-Canada has a network of over 1,800 retail and wholesale locations across Canada, providing customers with a wide variety of fuel and service offerings including low-carbon fuel options. The Company is developing petroleum resources while advancing the transition to a low-emissions future through investment in power and renewable fuels. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region, approximately 90 kilometers north of Fort McMurray.


TSX:SU - Post by User

Comment by silkoson Oct 06, 2022 1:17pm
238 Views
Post# 35009893

RE:Sold of all of my SU this week.

RE:Sold of all of my SU this week. Same here, I sold SU full position and some other energy holdings and I am @ 55% Cash. Will sell more tomorrow if the uptrend continues. Moving forward, I plan to play Experienced's favourite game ... the wait game ... will wait to buy back in as the tides turn. All rates increases so far did not put too much of a dent in the core inflation, rates have to move up whatever the cost to stop the inflation. It may kill the economy but there are no other tools available at this time to fight the inflation and slowdown the economy. GLTA
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