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Bullboard - Stock Discussion Forum
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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TSX:SU - Post Discussion
Suncor Energy Inc
> SU and OIL
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(5)
•••
NPCexe
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Post by
NPCexe
on Jul 14, 2021 1:36pm
SU and OIL
OPEC deal falters? DOWN. OPEC deal restored? DOWN. WTI goes up? DOWN. WTI goes down? DOWN. Relationship of SU and WTI in a nutshell
(8)
•••
mrinvestor
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Comment by
mrinvestor
on Jul 14, 2021 3:57pm
I went through the exact same thing with Barrick Gold, they made so much cash that they literally had to give some away in extra one time dividends, incredible balance sheet, no matter what news happened here and abroad, gold spot price up or down, USD up or down, the stock just continued to drop day after day -35% over all. The days of trading purely on fundamentals can be a mistake in my opinion
...more
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