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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 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

Suncor Energy Inc > Just asking some SU holders...
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Comment by Oldnaggeron Aug 04, 2023 6:45am
132 Views
Post# 35572666

RE:RE:RE:RE:RE:RE:Just asking some SU holders...

RE:RE:RE:RE:RE:RE:Just asking some SU holders...

Thanks for the heads up. According to the financial post , Stathcona will not relinquish any equity other than the 9 % for Pipestone. Seeing that Pipestone already has a high percentage of institutional ownership , that leaves retail investors utterly screwed. 
Is this a sign of things to come ? Well , hopefully not. Canada has tremendous bounty in the Petroleum sector and investors have gone through a lot only to be betrayed at the first sign of a rainbow.
Time for everyone to stand up and voice their opinions !!

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