Suncor Energy Inc - Company Profile
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Suncor Energy Inc (Suncor) is an integrated energy company. It carries out the acquisition, exploration, development, production and marketing of crude oil and natural gas. Operational capabilities of refining and mining, robust resource base and integrated business model strengthened its operations, even as high debt is a cause for concern to the company. Capital expenditure plan for 2023, growth in demand for oil, and growth initiatives could provide new growth opportunities for the company. However, intense competition, environmental concerns about oil sands and fluctuations in oil and gas prices could affect its operations.
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