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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

Post by integrity11on Sep 01, 2023 11:24pm
327 Views
Post# 35617214

Price Increase Since July 18 - Tou,Su,Cve,Cnq etc.

Price Increase Since July 18 - Tou,Su,Cve,Cnq etc.

I had jotted down share prices of the following 8
Canadian oil and ng companies on July 18 and compared prices to market close today (Why July 18 - I had just returned from 2 week on an out of country trip). I listed the % price increase from July 18 till today.

These are companies I like and usually hold some shares in, although I go back and forth as I do sometimes take profits (lol or sometimes loss's).

CNQ 19%
TOU 4%
CVE 21%
SU 21%
WCP 16%
CR 14%
KEL 17%
ARX 7%

The % increases vary depending on mostly whether they are Oil or NG focused . Tou and Arx were lowest due to being very NG focused although they both hsve considerable NG liquid production.

I was surprised at the impressive share price increases although almost all had witnessed share price decreases over the the previous 8 to 10 months .

I hope we see continued increases till end of 2023 and beyond, but as always there will be ups and downs based on the market.

 

 

 

 

 

 

 

 

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