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 > Getting Closer to 1 Yr High of 47.76.

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Post by integrity11on Mar 13, 2024 12:42am

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Getting Closer to 1 Yr High of 47.76.

Hopefully we see see $48+ this week. Can never get too confident as we know many factors affect the oil price, but SU share price is looking up. EIA May come up with some surprise adjustment tomorrow that will reverse the optimism from the API data released today. But if not the oil price should open above $78 and stay there for hopefully an extended time period.

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