Suncor Energy Inc SU

Primary Symbol: T.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 > Well, Well, Well ! How ABOUT THIS ?

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Comment by mrbbon Sep 30, 2024 5:27pm

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Post# 36247427

RE:Well, Well, Well ! How ABOUT THIS ?

maybe why Elliott Investment Management wanted Suncor to sell off its downstream under the premise of streamling suncor operation, so they could buy it

Suncor settles with Elliott, to review downstream business | Financial Post

ztransforms173 wrote:
An affiliate of private equity group Elliott Investment Management has been selected as the top bidder in an auction for US refiner Citgo, with a bid of $7.286bn.

[url=https://www.argusmedia.com/en/news-and-insights/latest-market-news/2613139-pe-firm-elliott-bids-7.3bn-for-citgo-assets-update?][/url]

z173