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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 marketsenseon May 25, 2023 3:01pm
113 Views
Post# 35464361

RE:Debt Ceiling

RE:Debt CeilingMigraine,  I hope you are right about a Sunday agreement over the debt ceiling.  They
could just squeak under the wire allowing for the 72 hrs.  

If it doesn't happen,  the leadership of both parties will go down in infamy.   Sadly
though,  the ultimate price will rain down on everyone's heads.  Again I hope you're
right about an 11th hr agreement.   I'm betting they will also but at the same time I
hedged a little bit just in case.

I lightened up a few weeks ago on some of my oil positions but still have a lot in play.
There has to be one hell uv a rebound coming if they sign a deal before they run out of time.
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