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 > Some Thoughts on Recent Discussion

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Comment by meritmaton Apr 04, 2024 3:44pm

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Post# 35971147

RE:Some Thoughts on Recent Discussion

I dont agree theres lots of untapped reserves.

US shale is declinging.
Canada The goverment has prety much shut the door on new mega projects
Venezuela. Will take decades to bring back there oil plus wont happen with there current goverment
Russia. Same plus they have a country to rebuild once they get done bombing it.

The only country sitting on excess supply is SA, think maybe 4million bb if they wanted. They are the ones calling the shots on the price of oil.

If anything theres a shortage of it and last I read were 20-30 years from peak oil.

This is my 2 pennys

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