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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 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 > JP Morgan downgrade Su today by 10 %
View:
Post by angelnicky on Feb 04, 2022 3:44pm

JP Morgan downgrade Su today by 10 %

not looking good
what will happen when oil heads back to 60
Comment by Chimpwithdart on Feb 04, 2022 4:00pm
Bullish, jamie dimon is packing his bag
Comment by mbuch on Feb 04, 2022 4:25pm
Downgraded to what? Still above today's price?
Comment by angelnicky on Feb 04, 2022 4:37pm
when demand of oil slips they will down graded it again i think the tide had shifted and we may be heading from the peak from SU to the trough in a new cycle, especially when receission hits,  JPM 42 to 38, next week it could be lower
Comment by Bigbear7405 on Feb 04, 2022 4:53pm
So i guess you will be permanently underwater.
Comment by mrbb on Feb 04, 2022 5:10pm
the SU haters should get their story right. You believe oil demand may slip but we have other sold SU to buy Air Canada believing air travel would go up.  This doesn't drive the oil will slip story.   
Suncor Energy Inc