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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 Donwaanon Apr 06, 2024 9:19pm
129 Views
Post# 35975208

RE:A different perspective - I don't agree with all of this but

RE:A different perspective - I don't agree with all of this butEV sales in the U.S. to rise at least 10 per cent this year. In China EV sales are projected to increase 25 per cent in 2024. Last year saw a 36 per cent increase. And here in Canada people who have gas vehicles can use them they just won't be able to buy new ones past 2035. We all better get used to it because EV's are coming, like it or not.
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