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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 and gas production, petroleum refining in Canada and the United States and its Petro-Canada retail and wholesale distribution networks, including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicles (EV) stations. Petro-Canada has a network of over 1,800 retail and wholesale locations across Canada, providing customers with a wide variety of fuel and service offerings including low-carbon fuel options. The Company is developing petroleum resources while advancing the transition to a low-emissions future through investment in power and renewable fuels. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region, approximately 90 kilometers north of Fort McMurray.


TSX:SU - Post by User

Comment by nukesteron Jul 21, 2024 11:48pm
123 Views
Post# 36142200

RE:Cutting out the Noise

RE:Cutting out the NoiseI am curious.

How does the implosion of the solar industry play into your logic?
Here is the latest example:

https://finance.yahoo.com/news/sunpower-stock-plummets-73-week-034603584.html?ref=biztoc.com


You have repeatedly stated to invest in enterprises that would benefit from green energy agenda investment, energy disruption, etc. A sound plan, in a general sense but the devil is in the details.

1. You appear to be mistaken about renewable investments over the last several years, excluding your localized power generation private investment you speak frequently of. 

2. You were mistaken about oil consumption / demand over the last several years.

As much as I enjoy your wit and wisdom, to be fair your predictions for oil the last several years were way off base. 

I will give you extra credit for understanding Nat Gas, but to be fair I think you need to fess up to a few boo boos in the oil investment advice category :-)

Cheers,
Nukester 
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