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.

TSX:SU - Post by User

Suncor Energy Inc > Trans Mountain

<< Previous

Bullboard Posts

Next >>

Comment by mrbbon Jun 11, 2023 5:11pm

107 Views

Post# 35490789

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

mrbb wrote:
Experienced wrote: From my perspective, this discussion undlines the stupidity of Governments mandating EVs when the whole energy ecosystem is complex and just like the natural ecosystem. If you monkey around with one part - you scew up something else.

From an investment perspective, this is why I have saying for a long time that people need to broaden their investment horizons and look for companies which have or are developing solutions to the inevitable problems that are going to emerge when politicans try tilt the scale.

I saw a map on TV the other day for the US that showed the high vulnerbility of the electrical grid to brownouts and blackouts. This has a big impact on commerical and industrial electricity users. Companies that develop solutions to these problems have a multibillion dollar market ahead of them in the US, not to mention the rest of the world.

On the solar side, there is the beginnings of a pushback against solar farms due to the destruction of the habitat of desert animals.

So I guess in a nutshell, wise investors are looking at the whole energy ecosystem, not just oil producers to make investment profits.

coming from a financial world, i'm surprised you don't know what drive investors. Let me tell you then, it's about making green and the smell of it

Even elon musk, creator of tesla EVs, energy storage, space X, neuralink, starlink, boring co., knows without profit there would be NO investors. Investors only show up if they can smell the money now or at least down the road. It's the conscience consumers that eventually drive the trend. Of course, gov'ts and conman can distort and recreate what consumer what to think and believe. Investors, wise or dumb ones, really don't examine the whole energy ecosystem unless there is some green behind the ecosystem. Therefore, in this monetary paradigm, green drive the ecosystem, investors just follow the green. You are welcome to change my mind.