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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 Hightowntraderon Dec 08, 2022 2:35pm
204 Views
Post# 35159869

RE:CNBC

RE:CNBC
angelnicky wrote: Guest on CNBC today said some oil companies are going to go bankrupt with oil in low 70's also div are going to be slash



What a silly umbrella statement designed to create fear. 

Some people are going to go bankrupt with mortgages at 5%, also eating at fine restaurants is going to be slashed...  
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