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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...
(including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicle (EV) stations). The Company is developing petroleum resources while advancing the transition to a lower-emissions future through investments in lower-emissions intensity power, renewable feedstock fuels and projects targeting emissions intensity. The Company also conducts energy trading activities focused primarily on the marketing and trading of crude oil, natural gas, byproducts, refined products and power. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region.
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TSX:SU - Post Discussion
Suncor Energy Inc
> Fed minutes point to rate cut in September:
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spurwing2
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Post by
spurwing2
on Aug 21, 2024 2:32pm
Fed minutes point to rate cut in September:
https://www.cnbc.com/2024/08/21/fed-minutes-july-2024.html
(464)
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Experienced
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Comment by
Experienced
on Aug 21, 2024 4:44pm
From earlier post with the revision downward for the employmnet gaons over the past year, this provides a strong data point for the fed to lower the rate in September. In addition, the Fed is usually predisposed to not cutting rates cllose to an election and so if they don't do it now then they would likely wait until December which will be too late to start cutting. As well, the market
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