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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

Comment by integrity11on Oct 17, 2023 11:52am
129 Views
Post# 35687256

RE:RE:RE:Payday

RE:RE:RE:Payday

I agree Migraine it is hard to sell any of the Canadian oil  sands companies now as I believe they will continue to do well and specifically in next two quarters. I have recently sold my CNQ and 1/2 of my CVE. I will not sell any SU for now as I believe their upside is well over $50 and likely $55. 

I really like Rich Kruger and I think he did a great job negotiating the purchase of the remainder of Fort Hills. Of course a few on this site and one in particular said he had screwed up the purchase, but we now know the positive  end of that story.

I am now concentrating on NG for the foreseeable future and specifically TOU, and some CR snd WCP.

Great luck to all SU and all Canadian Oil and NG investors with the exception of all shorters. 

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