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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 and gas production, petroleum refining in Canada and the United States and its Petro-Canada retail and wholesale distribution networks... see more

TSX:SU - Post Discussion

Suncor Energy Inc > SU and OIL
View:
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
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