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 > MbS/Putin SQUEEZE PLAY Working ALL TOO WELL

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Comment by Hightowntraderon Sep 27, 2023 2:35pm

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Post# 35657555

RE:RE:RE:MbS/Putin SQUEEZE PLAY Working ALL TOO WELL

Exactly!

Think of the home lottery tickets that have been arounf for decades. 25 years ago they cost $100 and the grand prize house was worth a million (and you would be very happy). Today they still cost $100, but the prize isn't any better than the average blue collar family can afford.

$100 is a figure the media used for shock value in the past.

The fact that companies can make so much FCF from $90 oil is quite impressive nowadays though...

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