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Suncor Energy Inc (TSX:SU) is currently trading at a trailing P/E of 21.9x, which is higher than the industry average of 19.4x. Although some investors may jump to the conclusionRead More...
Suncor Energy Inc. (French: Suncor Énergie) is a Canadian integrated energy company based in Calgary, Alberta. It specializes in production of synthetic crude from oil sands . In the 2020 Forbes Global 2000 , Suncor Energy was ranked as the 48th-largest public company in the world.
By 2013, Suncor and CNRL—Canada's two largest petroleum companies were also among top eleven of the country's most valuable companies. [13] In 2011, Canadian Natural Resources, overtook Suncor to become Canada's largest producer. Suncor produced 549,000 boe/d in 2012 only slightly higher than in 2011. [14]
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On March 23, 2009, Suncor Energy announced its intent to acquire Petro-Canada, which would form a company with a combined market capitalization of C$43.3 billion. Suncor planned to rebrand its existing Sunoco-branded retail operations in Ontario under the Petro-Canada name following the completion of the acquisition. [5] [6] [7] [8]
First Solar (NASDAQ: FSLR) has been one of only a few success stories in the solar industry over the past decade. Over the past five years, First Solar stock is up an incredible 255%, but the ...