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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 Obscure1on May 22, 2023 12:38am
184 Views
Post# 35458807

RE:Soooo....The Big Question

RE:Soooo....The Big QuestionEveryone should be scared if the bond guys are scared. 

The bond guys are rarely wrong.  Even when they are wrong, they are incredibly nimble.  By the time the equity guys, who take their lead from the bond desks, figure out that there is a shift happening, the bond guys have typically closed their positions. 

When people think about the market, they think about equities. However, the bond market dwarfs the equity market while lurking in a world of public anonymity.

What does all of this mean for Suncor shareholders?  There are times to be diligent in the stock market.  This is one of them as Janet Yellen has suggested the June 1st may be the date that the US  won't be able to meet its obligations. 
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