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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 Experiencedon Nov 25, 2022 11:22am
255 Views
Post# 35128217

RE:What Are We expecting On November 29th?

RE:What Are We expecting On November 29th?Great question..

Really hard to say but I would hope that they if they are scheduling a "dog and pony show" that they something real to announce.  If they actually have something substantive to say then hats off to management for being able to keep it under wraps so far.  It is my experience over the years that someone in the foodchain usually tips somebody off and so there are really few total surprises.

In the 3Q report they mentioned giving an update on the status of the sale of Petrocan so I would imagine that they are going to talk about that.  I would also suspect that they are going to say something about their plans for Fort Hills but all of this begs the question "Why a dog and pony show?" as opposed to a simple PR.


Guess we will soon find out.  For the sake of existing shareholders I hope that what they have to say is real and substantive or else the market will take a dim view and punish the SP.
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