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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 Experiencedon Jun 09, 2023 8:49am
135 Views
Post# 35488150

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Trans Mountain

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Trans Mountain Oldnagger....Interesting area for sure.

Still early days but there are new technologies being developed that replace the Haber process to make amonia that don't require as much energy and replace the need for natural gas to supply the hydrogen atoms.  I think the new process will likely also reduce the CO2 emmisions as well.

Guess the bottom line is that there are a lot of changes that will take place in the energy field (pardon the pun) over the next decade or so and with it investment opportunities as you suggest.

Too bad our political class is more interested in virtue signalling than working with Canadian industry to be at the forefront of the future and increase the standard of living for future generations..
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