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.

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Suncor Energy Inc > How to Play the Market in the Current Environment?

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Comment by Torontojayon Jun 29, 2023 7:01am

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Post# 35519945

RE:How to Play the Market in the Current Environment?

You're right on point Experienced.

Let me add a few more points:

- S&P 500 earnings have actually declined y/y
- the new bull market never begins with an inverted yield curve
- the bond market is pricing in a recession, contrary to the views of the stock market
- you can get a 5.33% yield on a 1 year t-bill compared to a ~ 4% yield on the S&P 500. In other words, you're getting a better yield on t-bills without taking on any risk! Let that sink in for a bit.

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