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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 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

Comment by Experiencedon Aug 06, 2023 9:11pm
147 Views
Post# 35575698

RE:RE:RE:Disconnect

RE:RE:RE:DisconnectMatt...with all due respect, context is important here!!

I was responding to Obscure's post regarding the recent rise in oil prices of about 25%.  In my very first paragraph I explicitly referred to most (emphasis on most..NOT ALL) that haven't seen a rise in their SP equivalent to the rise in oil prices.  I was also providing a counter to Obscure's point about SU in that it was unfair to compare it to pure oils since it is vertically integrated.

ATH has had a SP increase greater than 25% since the secular low on June 23 but that is not true for MEG or CNQ or many other oils (eg CJ).

So again, with respect, take a deep breath and read my posts carefully and also the context in which I am responding to a post before jumping off the end of the deck.
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