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 > Short term vs Long term

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Comment by Obscure1on Dec 14, 2023 3:30pm

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Post# 35785308

RE:RE:RE:RE:RE:RE:Short term vs Long term

Newtonboy:

Batteries are the only part of the EV's currently on the market that contain rare earth elements.

Tesla has already announced that it's next gen car (the $24,000 model) will contain ZERO rare earths. The car is expected to hit the market in late 2024 or 2025.

The amount of false information on the internet about EV's in general and Tesla's in particular is quite stunning.

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These cold weather stocks are looking to heat up for winter