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

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Post by ztransforms173on Oct 13, 2023 10:47am

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Post# 35682164

HEAVY Oil Barrel WILL BE AT A PREMIUM In Future To LIGHTl

- this PRICING RESET will OCCUR as DEMAND for GASOLINE is REDUCED RELATIVE to DIESEL and JET FUEL

- this ALSO MEANS that COMPLEX REFINERIES, ABLE to PROCESS HEAVY CRUDE; will be WORTH A LOT MORE per unit of production that the LESS COMPLEX refineries

- the TIMEFRAME for this will PROBABLY BE in the NEXT 2 to 7 YEARS

z173

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