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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 Experiencedon Jul 15, 2024 9:05pm
265 Views
Post# 36133941

Just In..

Just In..Musk is donating 45 million a month to a Trump backed Superpac - total would be 180 million.  Not chicken sheet in my books!!!

This follows Bill Ackman's announcement yesterday.

We all know from the past that in the US money talks in politics and big money is now going to Trump.

What's interesting in the Musk announcemenrt is whether this will impact Trump regarding EV legislation/regulation which obviously impacts oil demand in the US.  Guess we will have to see how that one plays out.  Yet another thing to keep on the radar.
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