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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 Oldnaggeron Oct 20, 2023 9:44am
125 Views
Post# 35692748

RE:RE:Tesla Cyber truck not going so well

RE:RE:Tesla Cyber truck not going so well

My great investment theme has always been to load up on nat gas stocks , for many reasons too long to list here. Nevertheless , I have hedged my bets with oilier stocks , which thankfully has carried me through the recent wipeout on nat gas pricing. 
On a btu basis , nat gas is now one fifth of oil pricing. So, the likelihood of nat gas doubling in price would seem to be much better than for oil. The trouble is that nat gas is not sexy like oil is. Yet, given enough time , I am sure nat gas can be dolled up once again !!

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