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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 > Back to making money
View:
Post by pooltec on Oct 05, 2023 9:29am

Back to making money

This drop in oil is total BS manipulation.  What are they going to do next week.  Ship an EV to everyone in North America.  Low oil stocks,  everyone still wokring and driving.
Comment by borne2run on Oct 05, 2023 10:53am
Short term oil traders may have hit the sell button due to the large rise in gasoline stocks (6 million barrels), ignoring the drop in crude inventory.  But we all know the summer driving season is over. Good deal for Suncor - pretty much the same valuation as the acquisitiuon of Teck's minority holding.
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