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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 and gas production, petroleum refining in Canada and the United States and its Petro-Canada retail and wholesale distribution networks, including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicles (EV) stations. Petro-Canada has a network of over 1,800 retail and wholesale locations across Canada, providing customers with a wide variety of fuel and service offerings including low-carbon fuel options. The Company is developing petroleum resources while advancing the transition to a low-emissions future through investment in power and renewable fuels. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region, approximately 90 kilometers north of Fort McMurray.


TSX:SU - Post by User

Suncor Energy Inc > Appetite for Energy Stocks
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Comment by matt2018on Jul 30, 2023 8:06am
157 Views
Post# 35563624

RE:Appetite for Energy Stocks

RE:Appetite for Energy StocksTo add to this..... same can't be said for all resource plays.
With price of Gold trading near historical all time highs ($1900 to $2000 oz), many Gold stocks are not performing that well.
You would think Gold was trading at $1200 to $1400 judging by many of their stock prices.
Investors are in a "show me the money" today, frame of mind.
Oil stocks are more set up to give you that now.


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