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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 mrbbon Jul 23, 2023 1:11pm
135 Views
Post# 35553444

RE:RE:RE:RE:RE:RE:RE:How long should I wait

RE:RE:RE:RE:RE:RE:RE:How long should I wait
matt2018 wrote: Relax guys.... valid points made on both sides.
Like we have spoken about here, population continues to explode in this country and abroad.
Especially the big cities.
Many condo buildings continue going up all across the GTA (more than New York city). 
Higher & larger floor plates with more units/building.  Only affordable home ownership option for many here now and that those that are arriving everyday.
I certainly dont see EV chargers for every underground parking spot (if you could even get one) in these new buildings (older buildings even worse).
Recently, lots of talk about retrofitting unoccupied office buildings to residential as well.
Where would you even put the chargers for those proposals?
Even if PC didn't open another station, the existing ones will easily pick up a new customer for every one they may loose to a new EV owner.
There is just strength in numbers.








with current housing crises not going away for a long while yet, people can bearly pay rent or afford a downpayment on their first home. I can't see owning an EV as people's top priority. Compounding that Canada  isn't giving out EV rebate as good as in the US, barrier into EV ownership is still pretty high in canada.    
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