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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 Jan 03, 2024 7:05pm
139 Views
Post# 35809690

RE:America plan to replace ICE with EV doom from the start

RE:America plan to replace ICE with EV doom from the startcorrection, tsla down ~10% on 2nd trading day of 2024, as market absorb their Q3 2023 number released on Jan 2.  TSLA was at 261 USD on dec 27, 2023. I guess there's some news leaked before the official announcement of 2023 sales figures. 
mrbb wrote: It's a pretty good summary of what EV realist (also called deniers) have said on SU board.
TSLA down 10% today, first day of trading of 2024. Why? because
2023 delivery of tsla EVs, ~1.8M units, yes more than 2022 of 1.31 but sales growth  is sub 40%, deviating from the long touted annual growth rate of 45-50%. IE, this mean gov't fantasy mandatory target of blah blah blah % EV sales by 2025 2030, 2035 etc likely not gonna come to fruition. I already said before emission targets promised by countries from copenhagen, paris, dubai climate accords are a joke, just pretty pretend to extend the baboonery.  Tesla better hurry up on their low cost model 2 instead of wasting time on vanity mobiles cybertruck, e-semi and roadster.

America's plan to replace gas guzzlers with electric cars was doomed from the start (msn.com)


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