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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 matt2018on Aug 23, 2023 12:16pm
154 Views
Post# 35602007

RE:EIA: Crude -6.135, Gasoline +1.5, Dist +0.95

RE:EIA: Crude -6.135, Gasoline +1.5, Dist +0.95thanks Migraine.  ironically, all these extra barrels from Cda (extra 327k bbl/day for the week) is whats keeping WTI price down in a way.
Hopefully through TMX, they can divert some bbls to somewhere else or away from Cushing.
Saudi imports are really dropping off but it's made up with the increased domestic production thats been rising weekly now.  That got to be frustrating for them, if that number is real.



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