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 > Fort Hills cost 2018 $17 billion SU bought 21.3% $1 billion

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Comment by autofocus111on Oct 28, 2022 12:45am

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Post# 35055064

RE:RE:RE:RE:RE:Fort Hills cost 2018 $17 billion SU bought 21.3% $1 billion

@Experienced "how the market views the value of the assets" Is that how the market views it, or is it how TECK viewed it? As a hypothetical example, if TECK decided they wanted out immediately and at any cost, and they could not find any other buyer so they opted to sell SU their stake for a $1 (because SU didn't want it and that was the only price SU was willing to pay), is that truly the 'fair market value' of the asset?

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