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Bullboard - Stock Discussion Forum 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... see more

TSX:SU - Post Discussion

Suncor Energy Inc > Back to 40 in a year and a half.
View:
Post by Bigbear7405 on Feb 10, 2021 12:30pm

Back to 40 in a year and a half.

This stock doesn't need to be bought out. The stock is down from a bad year of earnings. Normally in bad times price per barrel is down but refining is good. Or refining is bad and price per barrel is good. We just had price.per barrel bad and refining bad because there is no demand for refined fuels. One covid is gone demand for fuel will increase as driving and flying will go back to normal. So.many people I talk to are eager to go traveling. Spicy peanut t up demand We have the biggest population of retired people ever and they can't go anywhere and spend their personal pension cheques. All comes down to vaccination and the states are doing a 1.2 million a day.
Comment by Fishermen on Feb 10, 2021 1:00pm
Honestly, I believe it is still years for things going back to normal. No one have any idea if the vaccines really work or not. Look up Israel, they say the vaccines might have worked because the new case dropped 45%. But our Ontario's new case dropped more than 50% too. I don't really trust statistics from pharmaceutical companies. Just relax, the virus will go naturally.
Comment by Bigbear7405 on Feb 10, 2021 2:17pm
Still the US is on pace to get 100 Million vacinated in a 100 days. They are at 40 million or just over.
Comment by Adonis1411 on Feb 10, 2021 5:10pm
138 million doses already in globally. US over 44 million as of yesterday. Globally, 5 million doses per day and will scale up with supply chain fixes and more approved vaccines. US administering 1.5 million per day average over the last week. Canadians are focusing on what a piss poor job is happening here on the vaccine front but other areas are ramping hard. US will have 75% of the eligible ...more