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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 ztransforms173on Aug 04, 2023 9:38am
158 Views
Post# 35572997

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

RE:RE:RE:RE:RE:Just asking some SU holders...
- ABSOLUTELY NO QUESTION that Suncor Energy WANTS/DESIRES 100% total ownership and control of the bitumen feedstock that is inputed into their HIGHLY-PRIZED upgraders producing the PREMIUM -PRICED SCO

- it is their # 1 STRATEGIC ACQUISITION PRIORITY

- they have MANY YEARS to IMPLEMENT IT but I say the earlier the better given the highly uncertain future conditions

- given the strong likelyhood of an incoming DEEP RECESSION, the GOOD TIMING implies a BUYOUT within the next BOTTOM CYCLE

- although it is a RISKY STRATEGY, COUNTER-CYCLE investments have PROVEN in the past to be the most BENEFICIAL assuming a market recovery

- does SU have a BODs (with 4 activist directors in a 13 members diversity inclusion board) with the BALLS to PULL OFF such a move

z173


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