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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

Comment by lifeisgood1010on Aug 19, 2024 1:06pm
118 Views
Post# 36186238

RE:RE:16 year high

RE:RE:16 year highYou sound like Trump, i did not say i bought Suncor 16 years ago nor did i say that i will
be a Suncor shareholder forever.You are deforming what i wrote.

What i said is that i was long Suncor more than ever meaning that i like the company
more today than a few weeks/months ago. Not only based on fondamentals that have never
been better in it's history but also on it's technicals

We get comments from an"experience guy" that told us that he sold Suncor in mid 2023 below $40.

I bought most of my position exactly when you sold out.

Also comments from an "experience guy"that no later than August 5 was predicting
" Without a reversal today, we may see some continued declines in the market.  At some point in the next week we could expect to see some retracement of the declines of the past few market days."

Wrong again, this was the low of the pull back.

Will we see a correction.Absolutly, we get them periodically.But trying to time the market
is impossible to do.

The only thing a good investor can do, is buy good and well managed company at decent
prices an let time do what it does best.

You have been advocating prudence and to have a lot of cash for the past 2 years.
Wrong again.you have missed a great bull run.

Your cristal ball is very foggy to say the least.

You are the best contrarian indicator on this board.

Good luck M. experience, you surely need a lot of it.

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