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

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Comment by autofocus111on Apr 07, 2024 11:19am

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

I wouldn't touch any carmaker apart from TM as an investment. EV uptake had its initial boom driven by incentives but as those wind down growth will invariably slow. Fossil fuel energy is much more appealing as an investment when you view the sector from a global demand growth perspective. But hey, if the battery boys want to post their 'thesis' here I say let 'em. It's just noise as far as I'm concerned.

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