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home / news releases / SU - Suncor: Production And Refining Hemmed In


SU - Suncor: Production And Refining Hemmed In

At one time I held shares of Suncor (SU) because - back in the day before fracking - it appeared the US would be very dependent on the Canada oil sands. And to some extent, the US still needs Canadian heavy for refineries with high coking capacity and like to produce diesel. That said, I feel very lucky to have gotten out of Suncor with a decent profit considering the shares today are significantly below where I first invested shortly after the 2008/2009 financial crisis.

That's because Canadian oil sands producers, like Suncor

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Stock Information

Company Name: Suncor Energy Inc.
Stock Symbol: SU
Market: NYSE
Website: suncor.com

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