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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 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 > Not worth listing my reasons..
View:
Post by Wynjoe on Aug 15, 2022 9:26am

Not worth listing my reasons..

And I think we are undervalued now,but I do think S/P will drop to $34.00 to $36.00.Very soon.
Comment by stwatcher on Aug 15, 2022 9:36am
Many factors at play here , one is political where high gas prices don't win elections , 2 the economy ie China and 3 the possible agreements with Iran this week or next . 
Comment by Wynjoe on Aug 15, 2022 1:13pm
Winning elections is a big one,but I see Bill Gates is investing in smaller nuclear reactors.This has already been spoken about by Canadian federal politicians extensively. I see this as a saviour for the oilsands. With its vast oilsands resources, Suncor would be a prime candidate for nuclear power to process the oil and maybe even refine the bitumen before being piped elsewhere. They need ...more  
Comment by parcheg on Aug 15, 2022 2:11pm
For what it's worth re: small nuclear reactors (none in service to date, to my knowledge) https://www.bbc.com/future/article/20200309-are-small-nuclear-power-plants-safe-and-efficient
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