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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 MigraineCallon Feb 17, 2023 11:08am
198 Views
Post# 35292068

RE:RE:RE:The French being the French?

RE:RE:RE:The French being the French?No, they did not consult me, LOL.

I'm not that informed about these things, but if I were Total, I would not be happy with the low price Suncor paid either, and would try to stir the pot however I could to minimize the loss.

Foreign companies change their strategies, and sometimes dumb decistions are made all the time as their boards are yanked around by the whims of influencers like shareholder activists.

Perhaps one of the worst exits made was by Equinor from Athabasca Oil at the low. I did very well jumping into the wake of that trade at the time.


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