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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 Experiencedon Jan 05, 2024 7:22pm
141 Views
Post# 35813360

RE:RE:Steven Guilbeault is killing economic growth

RE:RE:Steven Guilbeault is killing economic growth Marty....yes While I have been wrongly named here here as "battery boy" by several posters, I have said many times that Governments need to let the natural business business ecosystems work without interference. I am not a better boy but a pragmatic investor who doesn't one a single share in a battery company or EV company. Governments putting their "thumb on the scale" does nothing but provide opportunities for pragmatic investors to make money but realizing this and investing accordingly. In this vein, I saw a report that ENB wants to redo a pipeline in Ottawa that has the potential to leak NG and people are opposed because it will help carbon based companies. So they would rather have a gas leak with all the negative consequences to supposed stop more use of carbon fuels, they try to stop common sense. This would work if there there were immediate alternatives.... problem is that there isn't!!! Soooo..back to my theme.. Don't fight Government sillinesss. Invest in companies that assume Government will screw up....
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