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 > Where is the bottom here

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Post by BackporchBob on Dec 16, 2024 11:46am

Where is the bottom here

Can anyone shed some light on a potential bottom with Sunor?

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Comment by Marty47 on Dec 16, 2024 4:10pm

Not too sure but Suncor still in good shape , a year ago when oil was at 72$ Suncor was 43$ so worst case if oil would go down to 65$ we are talking about maybe 48$ and if tarrifs Apply on oil and gas we maybe down 42-43$ now if castreau respond and tax oil then we maybe sub 30$ but he probably won't be there , now if soon we have a new polievre government Suncor may stay in 48-55$ ...more

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