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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... see more

TSX:SU - Post Discussion

Suncor Energy Inc > Warren Buffet
View:
Post by Galic1 on Aug 09, 2022 6:03pm

Warren Buffet

He recently raised his stake in Oxy to 20 % the gains in energy are not over and we will have another leg up as stated on CNBC
Comment by MigraineCall on Aug 10, 2022 1:51am
Aside from his expectation of higher oil prices and cash flow, the main reason for his increasing investment in OXY is for it's future huge carbon capture revenues. Soon, the US will impose higher carbon taxes and issue credits to CCS projects in order to bring an end to global climate change.
Suncor Energy Inc
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