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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 mrbbon Nov 22, 2023 4:36am
139 Views
Post# 35747832

RE:Tidal Shift in Global Asset Allocation Inbound to Canada

RE:Tidal Shift in Global Asset Allocation Inbound to Canada

Thx for chiming in.  My guess is you chose to post on SU board instead of CNQ, CVE, IMO because either SU is more undervalued than others or saying hello to that special someone. :-)

Experienced is now an expert on EV and battery, hence we can excuse his oversight of oil/gas related matter.  Here he's doughing out EV charging advice


Warning: 150,000 Volt is no laughing matter.  I would not recommend putting 150kV into any EV.
 

  

nukester wrote: In case you were busy watching Chrystia Freeland destroy your country, let me help you with the larger macro picture :-)

Read this little gem:
Glencore purchases most of Tech's coal mines for 7 Billion 
https://financialpost.com/commodities/mining/bc-leaders-soften-stance-glencore-buys-teck-coal-mines

Does anybody remember Marc Rich?
Marc Rich (Jewish) founded Glencore and traded oil to Iran (Islamic) when the power brokers in Washington D.C. were dealing with the Iranian hostage crisis decades ago. 
This guy would do business with Satan if it was profitable!
Turns out Marc Rich (Real spelling of last name "Reich") had several friends in Switzerland that were willing to shelter him for a very long time, money talks,  but i digress :-)

Older investors may remember the Bill Clinton regime pardoned Marc Rich, obviously this was because of Marc Rich's  (and others) generous donations to the Democratic party in power at the time in the U.S.

Why does this matter ???

Because Marc Rich, Bill Clinton, Glencore executives , etc are old school global elite.
The faces change, but the team remains the same.

If Glencore wants Tech's coal assets, they know something "Experienced" obviously does not !
But heck, don't we all know something "Experienced" does not :-)

Follow the smart money folks, Trudeau and Freeland are tools of the elite designed to create chaos and destroy value. Once the value is destroyed, men with strange accents start buying the debris. 

Glencore is old school Swiss wealth that speaks fluent "Yiddish"
If they are buying coal in Canada, you can bet your your bagels the value of coal is increasing in the future. If the value of coal is increasing in the future, oil will increase as well.

I cant make it any simpler, go long Canadian energy, and thank your local Rabbi !

What a wonderful world, who knew making money was this easy :-) 

Cheers,
Nukester

Disclaimer:
I may or may not have consumed a few glasses of wine prior to this message :-) 



 

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