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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 mrmomoon Jun 09, 2023 12:13pm
166 Views
Post# 35488646

RE:RE:RE:RE:Move......Counter move

RE:RE:RE:RE:Move......Counter moveYour in depth & detailed "clarification" of the situation is very much appreciated, i'm sure by all memebers here. Though it wasn't required, it is still appreciated. With that said, even though i understand where your coming from, from a traders perspective, i seriously doubt the vast majoirty of folks here are "short" term day traders. In fact, i beleive that majority of investors in Suncor are long term hodlers. And they probalby want the long term implications & probably nothing else. At the very least, you recognize that anything coming out of the US Gov't is questionable, be it EIA data, inflation numbers or anything else which may impact the financial markets. Just as anything that would come out of Russia or China. Accepting this fact, is the first step in making sound decisions.

And yes....some did make a kiiling on that news, just as some "insiders" did when the price of oil was driven into negative territory in 2020. And when those same insiders had "inside" knowledge that planes were about to hit the Twin Towers in 2001 during 911. When all airline related stocks were being massively shorted on abnormally high usual trading voliumes weeks prior to that event.

I'll give up a thumbs up for that, JUST for tking to the time to write all that up lol & making the effort to explain yourself in great detail, which again was not required.

GLTA
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