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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 MigraineCallon Aug 18, 2023 1:27pm
123 Views
Post# 35595186

RE:Rig counts

RE:Rig countsYup...

User image


lifeisgood1010 wrote: While not as sizeble as last week drop,rig counts are once again down last week.


There is a lot more factors to consider than rig counts(completion, seasonality, output/ wells ...etc and most importanly
supply / demand balance.But ,as a Suncor shareholder, i would rather see rig counts going down that up.

USA -12 to 642. They were 763 at the same time last year
Canada -1 to 189
International -6 to 961


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