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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
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Post by Clemxb7on Jan 01, 2023 2:30pm
550 Views
Post# 35199039

Happy New Year! 3 bullish arguments for oil price:

Happy New Year! 3 bullish arguments for oil price:A higher oil price should pave the way for a higher stock price. Here are three bullish arguments for oil. Are they right? I don't know though all three make good logic IMO.
  • Hard to find a bigger bull than Shubham Garg. He's an engineer who has a lot of field experience in Canadian O&G. He's taken a deep dive on shale and doubts if there is much more in the tank.                                             https://www.youtube.com/watch?v=KEDrWWkhPQk&t=653s
  • Joe Bloggs is an information consolidator for world events. In this video he shows with graphs and charts why he think there will not be enough tankers to carry world oil due to the longer routes now necessary.        https://www.youtube.com/watch?v=04PrQqwmIuM&t=3s   
  • "What’s going on with shipping?" is a YouTube channel making a similar argument that there is not enough tankers available in the world to ship oil. This guy is an expert so he may provide some insights with graphs and charts.            https://www.youtube.com/watch?v=KsIsS0a1Z4Y
Happy Suncor New Year! Let's hope they given us us a nice big present by December 2023 with higher oil prices!
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