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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
> As I mentioned last week
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•••
Chad123
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Post by
Chad123
on May 02, 2022 10:42am
As I mentioned last week
Article in French but you can translate to English with Google.
Estimated SU can get $8-$10B for 1600 PetroCan stations.
https://www.lapresse.ca/affaires/2022-04-30/transactions-a-l-horizon-pour-couche-tard.php
(141)
•••
Obscure1
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Comment by
Obscure1
on May 03, 2022 12:26am
Chad: Thanks for posting the article. I wrote about this a few months ago but I used $3mm per station which would amount to about $5 billion. I got my figures from checking out real estate listings of stations for sale. Public fast charges go for about $250,000 per charger which means the service stations will likely be worth more as EV charging centers in the future. I would
...more
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