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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 wreckhouseon Jan 14, 2024 6:27pm
121 Views
Post# 35826226

RE:RE:AB LARGEST GENERATING UNIT (NG): Shepard COMBINED CYCLE GT

RE:RE:AB LARGEST GENERATING UNIT (NG): Shepard COMBINED CYCLE GTSuncor Energy DEFINITELY NEEDS to BUY a LARGE natural gas PRODUCER

Would you believe that when Suncor took over Petro Canada they inherited a very large Nat/gas portfolio . 

Low and behold gas wasn't worth much than and they sold it off !

Here we are in2024 and Suncor is building a 900M/w co/gen plant at base plant . 

So ask yourself this  ( who is suppling Suncor with their nat/gas  )  They do recover some from operations but who fills the gap ?  BCRNW
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