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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.


TSX:SU - Post by User

Suncor Energy Inc > Deflationary Pressure
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Post by Experiencedon Jan 05, 2024 7:30pm
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Post# 35813368

Deflationary Pressure

Deflationary PressureSaw a news report that lamented the drop in housing pricing prices across Canada. Sooo..is this a bad thing? One one hand it is a natural consequence of higher interest rates. On the other hand, it means that monetary (and lags) are starting to work. For investors? It means.....take this into account in asset allocation decisions.
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