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 > Acting CEO may be removed

<< Previous

Bullboard Posts

Next >>

Comment by Oldnaggeron Nov 03, 2022 4:56am

313 Views

Post# 35068848

RE:RE:RE:RE:RE:Acting CEO may be removed

There are rules against taking unjustified write downs. In this instance Suncor has come across a valid reason to do so !!
In all the discussion I have read so far , there seems to be no mention of the high differential that has been in effect for WCS during Q3.

I believe that differential will narrow once the SPR releases are halted

<< Previous

Bullboard Posts

Next >>

Barrick Gold employees detained in Mali amid ongoing dispute