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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

Post by Franman184on Apr 07, 2024 8:15pm
260 Views
Post# 35975963

Thiers a storm brewing

Thiers a storm brewingLooks like the US goverment is pointing the finger at Fatih Birol of the international energy agency for not providing accurate facts. Looks like he was leaning to favour the climate agenda. The supply demand forecast could be alot worst than most people have been led to belive. The lack of investment is about to hit hard in the next few months and years. I worry about demand destruction should oil exceed $120 and above. I think we are all better off to be in the $75 to $90 range. Do you want a quick buck or big profits over a longer term.
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