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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 and gas production, petroleum refining in Canada and the United States and its Petro-Canada retail and wholesale distribution networks... see more

TSX:SU - Post Discussion

Suncor Energy Inc > Credit ratings
View:
Post by Oldnagger on Nov 01, 2023 9:54am

Credit ratings

A congloomeration of morons , who after all these years still have failed to develop an economically and reliable alternative to Petroleum , are still publishing articles about the inability of the Industry to obtain financing.
Wake up numbskulls !!

https://www.bloomberg.com/news/articles/2023-10-31/credit-downgrades-loom-large-as-fitch-zeroes-in-on-oil-issuers#xj4y7vzkg
Comment by ztransforms173 on Nov 01, 2023 10:35am
- the PETROLEUM industry will NOT be VULNERABLE to CREDIT RATINGS in the future as MOST OF THEM will be NET DEBT FREE {MINIMUM SUSTAINABLE LONG-TERM DEBT OFFSET by HUGE CASH BALANCES} - they will be SUPPLIERS of CAPITAL instead of CONSUMERS of CAPITAL like the CENTURY OLD GENERAL ELECTRIC USE TO BE with GE CAPITAL - I "CAN SEE" oil companies SETTING UP CAPITAL VENTURE FIRMS to INVEST ...more  
Suncor Energy Inc
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