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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 12, 2024 9:29am
107 Views
Post# 35823317

RE:The more likely goal at Hertz

RE:The more likely goal at HertzI think one thing that comes out of this is that you have a big corporation that has placed a spotlight on insurance costs and repair costs.  While some people think about this when buying a new car, many people don't.  So due to the announcement by Hertz, more people are going to be thinking about this when buying an EV like TSLA and this is not a good thing for EV sales.
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