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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. It 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 Thor16on Aug 11, 2022 6:33pm
207 Views
Post# 34889959

RE:2 Year 10 Year Yield Curves

RE:2 Year 10 Year Yield CurvesI do yes.  Statistically speaking inverted curve preceeds recession however it is not the case 100% of the time.  I can't recall off hand what the actual stat is but it is reasonably high, however declining over time.  

When considering energy consumpation during periods of economic contraction there generally isn't actual demand decline, however more the pace of demand increase slows.  Generally energy produces are resitatant to inflationary pressure on their stock prices relative to most other industries.

Hope this helps!
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