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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 jx7000on Nov 01, 2022 12:56pm
222 Views
Post# 35063626

RE:RE:Now we are on the road to 52 week high

RE:RE:Now we are on the road to 52 week high
meritmat wrote:

Yup.  Sounds like high oil prices are here for the next 5 years thanks to the lack of investment in new projects.  Won't change much with the two morons running Canada and the US.  

I see SU doubling in the next few years. All that excess cash flow is going to go towards investors. 


The problem is both of those morons have said they don't like these profits, and they're in a position to do something draconian.


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