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 > CC: COMPETITIVE ADVANTAGE: PROPRIETARY TRADING PLATFORM

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Post by ztransforms173on May 08, 2024 10:53am

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Post# 36028901

CC: COMPETITIVE ADVANTAGE: PROPRIETARY TRADING PLATFORM

- Suncor Energy OPERATES their own INTERNAL TRADING TEAMS with offices in Calgary AB, Houston TX and London UK

- so UNLIKE say, MEG Energy and Canadian Natural Resources (who use third-party SHELL); SU will MARKET their produced TMX barrels WORLDWIDE {realistically Asia + California} using their own TRADING OPERATION

- the trading OPERATORS BUY and SELL both CRUDE OIL and their FINISHED PRODUCTS {gasoline, diesel, jet fuel etc.}

- this ELIMINATES the MIDDLEMEN and they CAPTURE the FULL VALUE CHAIN of the barrel and GENERATE GREATER OPERATING MARGINS

z173

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