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 > Anybody Expecting A COP Counteroffer For Surmont ?

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Comment by mrbbon May 03, 2023 7:55pm

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Post# 35428896

RE:RE:RE:RE:Anybody Expecting A COP Counteroffer For Surmont ?

Yah, i think COP would one day get out out Cdn oilsand. They held surmont long enough and making good return on that asset but having tarsand stigma stuck to them isn't good to their corporate image. I think it comes down to how much SU or other Cdn operators willing to pay for COP's operated 50% share of surmont. Being key players in Cdn oilsand, i'm sure either SU or CNQ or IMO would want to be the operator of their asset

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