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.

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Suncor Energy Inc > They SOLD NG Assets & DEVELOPED WIND + SOLAR FARMS

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Comment by mrbbon Jan 14, 2024 8:59pm

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Post# 35826304

RE:They SOLD NG Assets & DEVELOPED WIND + SOLAR FARMS

the wind and solar farm projects were mostly for company image and appeasing the gov't and green left. It was never meant to be a future revenue generator. When the pet project actually costng money they have to sell it. Making shareholders happy was more important.