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.

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Suncor Energy Inc > Wednesday

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Comment by Experiencedon Apr 12, 2023 10:12am

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Post# 35390469

RE:Wednesday

Just a point of clarification.

The regulations announced by the EPA are proposals, not law, and there will be a period of public consultation before they are enacted into law. Secondly, the State of Texas has taken the EPA to court arguing an overreach of its Constitutional Authority. A previous case regarding other regulations imposed by the EPA were deemed unconstitutional by SCOTUS.

So the bottom line is that these proposed regulations are not a done deal.

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