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 > Even the best minds can lose sight of the forest

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Comment by Obscure1on Jul 08, 2023 11:44pm

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Post# 35532445

RE:RE:RE:RE:RE:RE:Even the best minds can lose sight of the forest

Investing in a Texas based oil company where the State has your back is nothing like investing in a powerless Alberta where Trudeau is determined to kill you off.

Buffet turned a $232 million investment in BYD into $7 billion. Buffet and Munger stated at their most recent annual meeting that they decided to start selling their BYD holdings because they didn't want to compete with Elon Musk because they don't like losing.

I'm a big fan of Buffet as he recognizes value and understands the critical importance of timing.

Berkshire always has a plan. Do you?

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