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 > Oil bulls, here's your sign...

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Comment by mrbbon Dec 16, 2023 3:58pm

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Post# 35788387

RE:RE:Oil bulls, here's your sign...

u need to put your portfolio numbers in a spreadsheet and have a look.
u have to see what percentage oil/gas holding that u r comfortable with, pure upstream vs mid stream vs downstream, growth vs dividend, juniors vs big caps. Only u know what risk/reward u wanna comfortable with

Offgridtrader wrote: I always look forward to your posts. I hope your family is doing well.

Question, I'm sitting on quite a few pennies in my RRSP... What oily names are you currently buying if you don't mind sharing & why? Same question to others if you're currently buying too. I figured I'd ask here since this forum still has some of the best discussions and debates.

I'm very heavy MEG & CVE waiting for debt targets and WCP for the Dividend. I've also got some smaller positions in ATH, CPG, BTE, TVE, SU, ARX &VET.

I was hovering over the buy button on the dip a few days ago but was too indecisive as they all have decent pros and cons. I ran out the clock last week re-reading through the Q3's and 2024 guidance documents plus the negative news surrounding TMX.

The end of year tax loss selling easing and the rockets in the red sea have me licking my lips right now... I just haven't decided who to bite yet. Appreciate the input as always.