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 > Macro economic question?

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Comment by Experiencedon Nov 19, 2023 7:52pm

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Post# 35743579

RE:RE:RE:RE:RE:Macro economic question?

Yep.....split shares to me are trading vehicles...the high yield is a red herring.

As I menioned before, I have made several very profitable roundtrips on LCS over the past few months. DFN looks interesting but given my base case projection, I am more cautious about split shares primarily due to the leverage which can work against you .

That said, I do have it on my watch list and may jump in..

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These cold weather stocks are looking to heat up for winter