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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 Marty47on Apr 04, 2024 3:42pm
142 Views
Post# 35971141

RE:Some Thoughts on Recent Discussion

RE:Some Thoughts on Recent DiscussionI give you a thumbs up ! As you point out both companies get influence by government policies , I do own suncor bought at 20$ and well I like to invest in dividend stock after this great return , I maybe looking at selling but keep my other mid cap oil stocks , 
For Tesla I think it was good at the beginning ,now more competition from china will make the company less profitable , and as interest rate up Tesla car still expensive car .... and of course if trump get to the White House ev may be on the hold , and Elon is a man of surprises that sometimes spook the stock price lol 

I been moving my cash more and more on utilities lately with nice dividends and some good bargain I believe interest rate will come down within next 3 years . 
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