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 > Curious why we are up today?

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Comment by mariorizzion Sep 25, 2023 1:00pm

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Post# 35652543

RE:Curious why we are up today?

pooltec wrote: and especially IMO. News bad all around.

Company making about $1bl per month at these prices, P/E rock bottom. Paying down debt hand over fist. Buying back shares. WIll raise dividend soon. And will likely close the Fort Hills deal within days...

And this freak of nature wonders "Why is the stock going up?"

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