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 > US Election - A perspective

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Comment by mrbbon Nov 06, 2024 2:01pm

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Post# 36299309

RE:RE:RE:US Election - A perspective

- SU up over $1 CAD on a down oil day

mrbb wrote:
more...

- keystone XL would likely get finished

- Canada GDP actually grew during the previous (45th) trump presidency

- trump will make canada honor our pledge of 2% of gdp on national defense spending instead of waffling at 1.32-1.37%. Strengtheninged defense and better alignment with US defense. Our arctic terriitories are so vunerable to chinese and russian encroachment.

mrbb wrote:
trump win will be great for a fair canada

- take down the supply management system that only benefit ontario/quebec farmers. Canadian want competitive prices for eggs, milk, cheese,
- move auto manufacturing back to US. Stuffs made in Ont/Que can be made cheaper in the US, china, and india, saving bailout and subsidies given to bombardier, SNC Lavalin, etc
- open up US telcos into canada.
- maybe mass US illegals infiltration would accelerate changes to canadian immigration policy.
- more momentum for a conservative landslide in 2025

IMO