Suncor Energy (TSE:SU) Stock: A Powerful Play with Bright Prospects
Canadian energy company Suncor Energy (TSE:SU)(NYSE:SU) has delighted investors with an impressive performance so far in 2022. The company has been benefiting from solid utilization, improving crude oil and refined product realizations along with increased upstream output and refinery throughput. According to TipRanks data, Wall Street analysts and financial bloggers are upbeat about the stock’s upside potential. With a market cap of C$41.98 billion, this integrated energy company is engaged in operations that include oil sands development, production, and upgrading, offshore oil and gas, petroleum refining along with its national Petro‑Canada retail distribution network. Suncor also owns a network of fast-charging EV stations, called Electric Highway, in Canada.
Suncor Energy (TSE:SU) Stock: A Powerful Play with Bright Prospects
Canadian energy company Suncor Energy (TSE:SU)(NYSE:SU) has delighted investors with an impressive performance so far in 2022. The company has been benefiting from solid utilization, improving crude oil and refined product realizations along with increased upstream output and refinery throughput. According to TipRanks data, Wall Street analysts and financial bloggers are upbeat about the stock’s upside potential. With a market cap of C$41.98 billion, this integrated energy company is engaged in operations that include oil sands development, production, and upgrading, offshore oil and gas, petroleum refining along with its national Petro‑Canada retail distribution network. Suncor also owns a network of fast-charging EV stations, called Electric Highway, in Canada.