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.

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Suncor Energy Inc > Will we get back to $50.37 - Year High?

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Comment by oilandgasmickon Aug 27, 2023 5:17pm

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Post# 35607409

RE:RE:RE:RE:RE:RE:Will we get back to $50.37 - Year High?

Here is a quick google to help you understand why high clay content is detrimental to fracking. It is certainly not an old wive's tale. You want more quartz rich (Si-O2) minerals because they are more brittle and thus easier to frack.

"A high clay content is generally considered to be detrimental to the reservoir during fracturing because it can reduce or block pore throats after hydraulic fracturing due to the retained injection fluid."

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