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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 > Disconnect
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Post by Obscure1on Aug 06, 2023 10:45am
323 Views
Post# 35575356

Disconnect

DisconnectThe price of oil has moved up about 25% off its recent bottom. 

The price of SU shares has moved up about 10% off the recent bottom. 

This forum has been saying the price of oil will go back up to eighties which shows that posters here know what they are talking about as here we are.  

When oil prices dropped, SU shares dropped as well.  Now that oil prices have jumped back up to where posters here said they would, the price of SU shares have lagged behind. 

Will the price of SU shares pop up to the high forties in the near future or will the disconnect continue?
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