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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

Post by mrmomoon Apr 18, 2023 5:32pm
675 Views
Post# 35401726

Yikes!!!....All this NOW makes sense....

Yikes!!!....All this NOW makes sense....Was about to post this recent development 2morrow BUT this is just too big to wait until then. Hopefully folks will get an idea of what to do if they're invested in this. It at least agives them a chance to think it through before tomorrow's opening bell.

Wow......this is now starting to make absolute sense why the Alberta's oversight/regulators were "reconsidering" ANY expansion of Fort Hills. This unfortunate disaster along with the "supposed" earthquakes tied to the oil sand operations from a few weeks ago more or less spells the end for ANY further "significant" developement in the oil sands arena. No wonder Suncor didn't make this public asap and was kept under wraps as long as possible....News link below for the unfortunate event...

https://ca.finance.yahoo.com/news/canadas-suncor-spills-5-900-204417378.html?guce_referrer=aHR0cHM6Ly9jYS5maW5hbmNlLnlhaG9vLmNvbS9wb3J0Zm9saW8vcGZfMTkvdmlldw&guce_referrer_sig=AQAAAD84Ho5VZX3_axhT2SsxwZdpAZX7j26uuzYM9kuG5gCujO7Cx-Z3fKH6szjJGLL8DsLfyu1ZOBr7GVnLxl2Ct8zMBM00B5NTWqF-T1nOX9cdp7-6xV-tnpMeP5_5QT75TZOdTgivCV4A22Gkpr9Mbd1ZMltQOpGdbBeYsyjYMKFD&_guc_consent_skip=1681852462


glta


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