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 > Some Thoughts on Investment Strategy

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Comment by Ariahpon Dec 26, 2023 12:24am

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Post# 35800226

RE:RE:Some Thoughts on Investment Strategy

Good general thoughts. and here I am earning dividends of over $250k annually in O&G/Pipeline companies and Canadian Bank Stocks ( 9 holdings in total) and I am not about to change.

My strategy going forward is to move 85% into Canadian Banks and earn juicy dividends.

I have gone through 5 or 6 bad times. Never Bailed out as I had good companies.

Always came out ahead, because my dividend income stream was never compromised. I rode out the storn and waited out for calm waters.

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