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

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Suncor Energy Inc > Yikes. Suncor has become such a slug

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Post by barneyj44 on Jul 11, 2023 3:25pm

Yikes. Suncor has become such a slug

over the years. We could sure use some positive news for a change....

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Comment by matt2018 on Jul 11, 2023 4:45pm

i hear you barneyj..... most other energy i follow are up nicely last few days. SU volume is also unusually low. Not much buying or selling right now. Just holding. Dont believe it has anything to do with cyber attack as they announced that none of the operations were affected and what did come down at PC has been largly restored. It could be as simple as you have a new President and CEO ...more

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Comment by barneyj44 on Jul 11, 2023 5:10pm

Thanks for your opinion Matt2018. I hold a basket of Oil and Gas companies. Su,Cpg,Wcp,Bte,Arx and Bir. Probably shouldn't compare day to day flucations but Suncor definitely has been in the penalty box. Taking solace on the healthy dividend....

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Comment by matt2018 on Jul 11, 2023 5:33pm

I also notice that CVE & IMO not exactly ripping it here as well either. Seems like the integrated model is being penalized compared to the natural producers. Not sure why as refinery margins are quite profitable at the moment.

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Suncor Energy Inc