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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 Experiencedon Nov 21, 2023 3:47pm
111 Views
Post# 35747102

RE:RE:The Trudeau climate plan runs into reality

RE:RE:The Trudeau climate plan runs into realitykman.... agreed

I posted quite some time ago that I don't own shares in TSLA or any of the car companies for the very reasons that you mention.

My approach as mentioned in numerous posts is to assume that Governments will screw up and create problems and companies with solutions to these problems will make a lot of money.  This ranges from the private company that I have spoken about to big companies like WM and GFL in the waste management/biogas business. There also others but I will leave it there cause I think most people here will get the idea.

Another underlying theme in all this is to shun investing in companies which rely heavily on Government assistance - PLUG in the US is a great example and conversely companies in a business that the Government is ganging up on - oil/SU is an example.





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