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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 > Why are we in the Red?
View:
Post by riddle5 on Feb 26, 2024 3:55pm

Why are we in the Red?

Can someone please shed some light on why we are in the red, when oil is up over a dollar and near $80?
Comment by newtonboy on Feb 26, 2024 5:04pm
Looks like the majority of the O/G stocks went up slightly today, at least the ones I watch. SU traded more than 16 million shares today, which is above the average. The slight drop with WTI up 1.5% is not the norm but what is lately. The fact that Friday is ex div day and also month-end ( for the $.54 quarterly) makes the next few days an attractive time for any of the larger Houses to accumulate ...more  
Comment by Marty47 on Feb 26, 2024 5:19pm
Suncor got in the green las Friday while oil went down by 2 $ , today I'm thinking at some profit taking as we get close to 52 weeks high ....
Suncor Energy Inc
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