Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 Jan 01, 2024 3:42pm
121 Views
Post# 35806226

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Interesting Graph Regarding Gasoline Consumption

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Interesting Graph Regarding Gasoline Consumptionyour thesis is based on your age and situation. Your belief in EV revolution is not backed by investment in any EV or battery sector but stayed with ultra conservative bond, preferred shares in oil/gas pipeline. You just talk and no walk. Yes you mentioned that you had invested in this 'private' fund that manage energy flow, where those energy mostly likely derived from oil/gas, fossil fuel. 


Experienced wrote: vr6...yes but that is essentially an increase of 10 million per day over a 20 year period

Anyway, we could beat this horse to death but each to their own as they say.

 The key message is not whether oil will be dead in 20 years but between now and then are there other businesses which have greater potential to return higher returns with less risk.  I believe that there are many and if you and the others disagree then stick with SU over the long term and i wish you all the very best. All I can do is you some things to think about.  If you think my thesis is wrong that is fine in my books - it is your money you are investing not mine.


<< Previous
Bullboard Posts
Next >>