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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 iMAnewBEon Jul 24, 2023 2:06pm
130 Views
Post# 35554596

RE:Reply to iMAnewBE

RE:Reply to iMAnewBE

Thanks to everyone who commented.  In the end everyone is here to make money.  Isn't that the goal.   Seems a strange question but anyway.  Over the last 5 years this stock has underperformed hugely when compared to almost all segments of the industry. So I guess looking for a peer isn't necessary after all.  After a year of this stock going nowhere, I took my 2% increase today and will likely put it in WCP as I already have a large holding there.  They are set to raise div soon, so I'm parking there.  

I couldn't wait any longer for this to rebound.  From what I gather, it very well might, but odds are still better with other producers that have no retail exposure.

I could be making mistake but I think over a year with no capital gain (broke even), took its toll and I moved on.

good luck, I hope it still takes off!! 

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