Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 mrbbon Feb 12, 2024 2:52pm
135 Views
Post# 35876057

RE:A few questions to make you think

RE:A few questions to make you think

what happen to your how great EV is rant? EV is losing momentum and now you jump onto how bad tarsand is rant. 

* Why TRP at $73 in Jan 2022 and now trading at low $50's after their great move?

* Why ENB at $58's in Jan 2022 and now trading at 45-47 after their great move?

you must be living in burrow to not know why Teck exited their tarsand, and you call yourself an ex-analyst

Obscure1 wrote: Many here believe that tarsand oil use is going to go on forever and in fact, demand will continue to increase.  

Believe what you want.  It's your money and you probably know a whole lot more about oil than I do.

But, let me ask you these questions:

* Why did Teck and then Total sell their stakes in Fort Hills to Suncor for about 20 cents on the nbsp;

* Why did TRP decide last year to spin off their liquid pipelines division?

* Why does ENB continue to aggressively diversify away from its liquid pipeline business? 

* Let's give Teck and Total the benefit of the doubt on their decisions to exit the tarsands but do you really think that Suncors know something that TRP and ENB don't know?

* Is Suncor a better operator than TRP or ENB? 

* Is there a possibilty that all the giants exiting the tarsands see something that SU doesn't see or at least refuses to believe? If your answer is yes or even in there is a nagging thought in the back of your mind that the possibility exists, why the heck are you still invested in SU?

I'm willing to learn and debate intelligent ideas.  Silly battery boy slurs will be ignored as always.  

 

<< Previous
Bullboard Posts
Next >>