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Suncor Energy Inc (USA) (N:SU)

Business Focus: Integrated Oil & Gas

Mar 26, 2024 08:00 am ET
Canadian Tire Corporation and Petro-Canada(TM) Fuel New Adventures with Loyalty Partnership Launch
Earn more rewards to redeem more frequently by linking Triangle Rewards(R) and Petro-Points(TM)
Mar 26, 2024 08:00 am ET
Canadian Tire Corporation and Petro-Canada™ Fuel New Adventures with Loyalty Partnership Launch
Earn more rewards to redeem more frequently by linking Triangle Rewards® and Petro-PointsTM
Mar 21, 2024 06:57 pm ET
Suncor Energy Files Annual Disclosure Documents
Calgary, Alberta--(Newsfile Corp. - March 21, 2024) - Suncor Energy (TSX: SU) (NYSE: SU) has filed its 2023 Annual Report, 2023 Annual Information Form and 2024 Management Proxy Circular.
Mar 07, 2024 01:05 pm ET
Fort McKay First Nation and Suncor Energy to Partner on Prospective Oil Sands Development Opportunity on Reserve Lands
Calgary, Alberta--(Newsfile Corp. - March 7, 2024) - Fort McKay First Nation (FMFN) and Suncor (TSX: SU) (NYSE: SU) today announced the signing of a Memorandum of Understanding (MOU) on a prospective oil sands lease development opportunity on Fort McKay reserve lands in the Regional Municipality of Wood Buffalo and respectively Fort McKay First Nation Traditional Territory. Building on decades of collaboration, the announcement marks a significant milestone for FMFN, a leader in working with industry to create opportunities for its people while safeguarding the environment, and in Suncor's Journey of Reconciliation.
Feb 21, 2024 05:30 pm ET
Suncor Energy Reports Fourth Quarter 2023 Results
Unless otherwise noted, all financial figures are unaudited, presented in Canadian dollars (Cdn$), and derived from the company's condensed consolidated financial statements which are based on Canadian generally accepted accounting principles (GAAP), specifically International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB), and are prepared in accordance with International Accounting Standard (IAS) 34 Interim Financial Reporting. Production volumes are presented on a working-interest basis, before royalties, except for production values from the company's Libya operations, which are presented on an economic basis. Certain financial measures referred to in this news release (adjusted funds from operations, adjusted operating earnings, free funds flow and net debt) are not prescribed by Canadian generally accepted accounting principles (GAAP). See the Non-GAAP Financial Measures section of this news release. References to Oil Sands operations exclude Suncor Energy Inc.'s interest in Fort Hills and Syncrude.
Feb 21, 2024 05:15 pm ET
Suncor Energy Announces Upcoming Changes to its Board of Directors
Calgary, Alberta--(Newsfile Corp. - February 21, 2024) - Suncor Energy (TSX: SU) (NYSE: SU) announced the upcoming retirement of two members of its Board of Directors. Michael Wilson, Chair of the Board, has been a member of Suncor's Board since 2014 and has served as Chair since 2017. Dennis Houston has been a member of the Board since 2018 and has served most recently on the Human Resources and Compensation Committee and the Environment, Health, Safety and Sustainable Development Committee. In accordance with the company's Director retirement policy, Mr. Wilson and Mr. Houston will not be standing for re-election at the 2024 AGM.
Feb 21, 2024 05:07 pm ET
Suncor Energy Declares Dividend
All financial figures are in Canadian dollars.
Feb 15, 2024 05:00 pm ET
Suncor Energy to Release Fourth Quarter 2023 Financial Results
Calgary, Alberta--(Newsfile Corp. - February 15, 2024) - Suncor (TSX: SU) (NYSE: SU) will release its fourth quarter financial results on February 21, 2024 before 5:00 p.m. MT (7:00 p.m. ET).
Jan 03, 2024 06:45 am ET
Dec 07, 2023 03:48 pm ET
Suncor Energy Announces Kent Ferguson as New Senior Vice President of Strategy, Sustainability and Corporate Development
Calgary, Alberta--(Newsfile Corp. - December 7, 2023) - Suncor (TSX: SU) (NYSE: SU) announced today that Kent Ferguson will be joining the company in January 2024 as Senior Vice President, Strategy, Sustainability and Corporate Development, reporting directly to Rich Kruger, President and CEO. The appointment of Kent concludes the reconfiguration of Suncor's executive leadership team.
Dec 05, 2023 05:00 pm ET
Suncor Energy Announces 2024 Corporate Guidance
All financial figures are in Canadian dollars, unless noted otherwise
Nov 27, 2023 06:45 am ET
Suncor Energy Announces Restart of Production at Terra Nova
Calgary, Alberta--(Newsfile Corp. - November 27, 2023) - Suncor Energy (TSX: SU) (NYSE: SU) today announced that the Terra Nova Floating, Production, Storage and Offloading vessel has safely restarted following the completion of the Terra Nova Asset Life Extension project. Production is expected to ramp up over the coming months.
Nov 20, 2023 04:30 pm ET
Suncor Energy Closes Purchase of TotalEnergies' Canadian Operations
All financial figures are in Canadian dollars, unless noted otherwise
Nov 14, 2023 05:10 pm ET
Suncor Energy Increases Quarterly Dividend
All financial figures are in Canadian dollars.
Nov 09, 2023 06:19 pm ET
Suncor Energy Announces $1.5 Billion Medium Term Note Offering
All financial figures are in Canadian dollars, unless noted otherwise
Nov 08, 2023 04:35 pm ET
Suncor Energy Reports Third Quarter 2023 Results
Unless otherwise noted, all financial figures are unaudited, presented in Canadian dollars (Cdn$), and derived from the company's condensed consolidated financial statements which are based on Canadian generally accepted accounting principles (GAAP), specifically International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB), and are prepared in accordance with International Accounting Standard (IAS) 34 Interim Financial Reporting. Production volumes are presented on a working-interest basis, before royalties, except for production values from the company's Libya operations, which are presented on an economic basis. Certain financial measures referred to in this news release (adjusted funds from operations, adjusted operating earnings, free funds flow and net debt) are not prescribed by Canadian generally accepted accounting principles (GAAP). See the Non-GAAP Financial Measures section of this news release. References to Oil Sands operations exclude Suncor Energy Inc.'s interest in Fort Hills and Syncrude.
Nov 01, 2023 11:15 am ET
Social Investment at Suncor- 2023 Report on Sustainability
We broke new ground when we first began publicly reporting our sustainability performance in the mid-1990s. Twenty-eight years later, our Report on Sustainability and its companion publication, the Climate Report, continue the practice of disclosing our progress in more than a dozen areas of environmental, social and governance (ESG) performance. Read more on our ESG progress in our reports here.
Oct 31, 2023 05:30 pm ET
Suncor Energy to Release Third Quarter 2023 Financial Results
Calgary, Alberta--(Newsfile Corp. - October 31, 2023) - Suncor (TSX: SU) (NYSE: SU) will release its third quarter financial results on November 8, 2023 before 8:00 p.m. MT (10:00 p.m. ET).
Oct 25, 2023 09:10 am ET
Suncor Showing Up for Pride
Prism, Suncor's Employee Resource Group is dedicated to establishing an inclusive work environment and a safe space for all people from the 2SLGBTQ+ community and allies. They actively engaged and organized events across Suncor's operating sites and at the headquarters in Calgary, inviting community partners to participate at the Suncor Energy Centre, and walk in the Calgary Pride Parade. Read more on our community involvement here.
Oct 18, 2023 10:45 am ET
Water Stewardship at Suncor- 2023 Report on Sustainability
NORTHAMPTON, MA / ACCESSWIRE / October 18, 2023 / We broke new ground when we first began publicly reporting our sustainability performance in the mid-1990s. Twenty-eight years later, our Report on Sustainability and its companion publication, the Climate Report, continue the practice of disclosing our progress in more than a dozen areas of environmental, social and governance (ESG) performance. Read more on our ESG progress in our reports here.
Oct 10, 2023 11:15 am ET
Suncor Welcomes a Sacred Space for All People
NORTHAMPTON, MA / ACCESSWIRE / October 10, 2023 / Suncor's Calgary headquarters, known as Mohkinstsis in Blackfoot, held a groundbreaking ceremony unveiling the first-of-its-kind smudge and ceremonial room within the Suncor Energy Centre (SEC) in September. The initiative was led by Suncor's Indigenous Youth Advisory Council (IYAC) and supported by internal and external teams including Suncor's Indigenous Relations and facilities; Brookfield Properties, the owners of the SEC building; and the Calgary Fire Department. The Sacred Space marks a significant step toward cultural in
Oct 04, 2023 04:00 pm ET
Suncor Energy to Acquire TotalEnergies' Canadian Operations for $1.468 Billion
All financial figures are in Canadian dollars, unless noted otherwise
Oct 04, 2023 11:30 am ET
Q&A With Suncor’s Chief Sustainability Officer Arlene Strom - 2023 Report on Sustainability
NORTHAMPTON, MA / ACCESSWIRE / October 4, 2023 / Suncor Energy
Sep 28, 2023 10:45 am ET
Indigenous Relations at Suncor- 2023 Report on Sustainability
NORTHAMPTON, MA / ACCESSWIRE / September 28, 2023 / We broke new ground when we first began publicly reporting our sustainability performance in the mid-1990s. Twenty-eight years later, our Report on Sustainability and its companion publication, the Climate Report, continue the practice of disclosing our progress in more than a dozen areas of environmental, social and governance (ESG) performance. Read more on our ESG progress in our reports here.
Sep 26, 2023 10:05 am ET
The Art of Relationships at Suncor
NORTHAMPTON, MA / ACCESSWIRE / September 26, 2023 / Suncor Energy
Sep 18, 2023 10:40 am ET
Biodiversity at Suncor- 2023 Report on Sustainability
NORTHAMPTON, MA / ACCESSWIRE / September 18, 2023 / Suncor Energy
Sep 12, 2023 10:30 am ET
Suncor’s Teepee Donations Strengthen Community Connections
NORTHAMPTON, MA / ACCESSWIRE / September 12, 2023 / Suncor Energy
Sep 05, 2023 06:45 am ET
Suncor Energy Announces Changes to Board of Directors
Calgary, Alberta--(Newsfile Corp. - September 5, 2023) - Suncor Energy (TSX: SU) (NYSE: SU) today announced changes to the company's Board of Directors. Eira Thomas has retired from and Jane Peverett has been appointed to the Board effective September 1, 2023.
Aug 21, 2023 07:10 am ET
Suncor Issues Its Annual Report on Sustainability and Climate Report
NORTHAMPTON, MA / ACCESSWIRE / August 21, 2023 / Suncor Energy
Aug 14, 2023 06:30 pm ET
Suncor Energy Declares Dividend
All financial figures are in Canadian dollars.
Aug 14, 2023 06:30 pm ET
Suncor Energy Reports Second Quarter 2023 Results
Unless otherwise noted, all financial figures are unaudited, presented in Canadian dollars (Cdn$), and derived from the company's condensed consolidated financial statements which are based on Canadian generally accepted accounting principles (GAAP), specifically International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB), and are prepared in accordance with International Accounting Standard (IAS) 34 Interim Financial Reporting. Production volumes are presented on a working-interest basis, before royalties, except for production values from the company's Libya operations, which are presented on an economic basis. Certain financial measures referred to in this news release (adjusted funds from operations, adjusted operating earnings, free funds flow and net debt) are not prescribed by Canadian generally accepted accounting principles (GAAP). See the Non-GAAP Financial Measures section of this news release. References to Oil Sands operations exclude Suncor Energy Inc.'s interest in Fort Hills and Syncrude.
Aug 14, 2023 06:15 pm ET
Suncor Energy Announces Executive Leadership Team Changes
Calgary, Alberta--(Newsfile Corp. - August 14, 2023) - Suncor (TSX: SU) (NYSE: SU) announced today a series of changes to its executive leadership team. The changes are designed to drive greater clarity, simplicity and focus on corporate strategy, business fundamentals, execution excellence and sustainability. Following the retirement of three senior executives, the company's leadership team reporting to Rich Kruger, President and Chief Executive Officer will include:
Jul 25, 2023 05:30 pm ET
Suncor Energy to Release Second Quarter 2023 Financial Results
Calgary, Alberta--(Newsfile Corp. - July 25, 2023) - Suncor (TSX: SU) (NYSE: SU) will release its second quarter financial results on August 14, 2023 before 8:00 p.m. MT (10:00 p.m. ET).
Jul 18, 2023 05:15 pm ET
Suncor Energy Releases Annual Sustainability and Climate Reports
Calgary, Alberta--(Newsfile Corp. - July 18, 2023) - Suncor (TSX: SU) (NYSE: SU) released its 2023 Report on Sustainability and its 2023 Climate Report today. The reports highlight how the company is working to achieve strong environmental, social and governance (ESG) performance and the company's actions on sustainable energy development. This year's Report on Sustainability marks the company's 28th year of sustainability reporting, a testament to Suncor's commitment to sustainability and transparent reporting.
Jul 06, 2023 03:47 pm ET
Update on Suncor Energy Response to Cybersecurity Incident
Calgary, Alberta--(Newsfile Corp. - July 6, 2023) - As previously announced on June 25, 2023, Suncor (TSX: SU) (NYSE: SU) experienced a cybersecurity incident. We immediately activated our business continuity plans, engaged leading IT and cybersecurity experts and notified relevant authorities. Based on our investigation to date, we determined that our IT network was accessed by an unauthorized party on or about June 21, 2023.
Jun 28, 2023 11:45 am ET
Suncor’s Anna Seinen Builds Capacity in Her Community
NORTHAMPTON, MA / ACCESSWIRE / June 28, 2023 / Anna is responsible for managing Suncor's community investment in the Fort McMurray Wood Buffalo area. By leveraging her connection to community and work experience with Suncor Energy Foundation, she joined the Board of the then newly established Wood Buffalo Community Foundation (WBCF). Her first task: develop a grant process - and quickly! This new process allowed WBCF to make its first donations within months of launching. Along the way, WBCF began working closely with Capacity Canada, a
Jun 25, 2023 11:57 pm ET
Suncor Energy Responds to Cyber Security Incident
Calgary, Alberta--(Newsfile Corp. - June 25, 2023) - Suncor (TSX: SU) (NYSE: SU) has experienced a cyber security incident. The company is taking measures and working with third-party experts to investigate and resolve the situation, and has notified appropriate authorities.At this time, we are not aware of any evidence that customer, supplier or employee data has been compromised or misused as a result of this situation.While we work to resolve the incident, some transactions with customers and suppliers may be impacted.
Jun 19, 2023 01:40 pm ET
Dispatching Innovation: Suncor’s New Dispatch System Improves Mine Operations
NORTHAMPTON, MA / ACCESSWIRE / June 19, 2023 / Suncor Energy
Jun 13, 2023 09:45 am ET
Petro-Canada CareMakers Foundation Grants Support Caregiving Programs
NORTHAMPTON, MA / ACCESSWIRE / June 13, 2023 / Suncor Energy
Jun 08, 2023 11:00 am ET
A Suncor Pathways Magazine Story: The Accidental Author
NORTHAMPTON, MA / ACCESSWIRE / June 8, 2023 / Suncor Energy
Jun 06, 2023 05:00 pm ET
Suncor Energy Announces Dave Oldreive as New Executive Vice President of Downstream
Calgary, Alberta--(Newsfile Corp. - June 6, 2023) - Suncor (TSX: SU) (NYSE: SU) today announced that Dave Oldreive will be joining Suncor as executive vice president, Downstream.
Jun 05, 2023 10:10 am ET
Suncor's Spring-Giving With Local Non-Profits
NORTHAMPTON, MA / ACCESSWIRE / June 5, 2023 / Suncor Energy
Jun 01, 2023 10:15 am ET
Why Suncor’s Mike Barker Advocates for Accessibility
NORTHAMPTON, MA / ACCESSWIRE / June 1, 2023 / Suncor Energy
May 30, 2023 09:45 am ET
Five Suncor Employees Making Positive Change
NORTHAMPTON, MA / ACCESSWIRE / May 30, 2023 / Suncor Energy
May 26, 2023 02:18 pm ET
Suncor Energy Provides Update on Acquisition of TotalEnergies' Canadian Operations
Calgary, Alberta--(Newsfile Corp. - May 26, 2023) - Suncor Energy (TSX: SU) (NYSE: SU) ("Suncor") announced that it has been notified that ConocoPhillips Canada ("ConocoPhillips") has elected to exercise their right of first refusal with respect to TotalEnergies' 50% working interest in the Surmont asset.
May 25, 2023 10:30 am ET
Suncor’s Isabelle Varney, Paving a Path for Women in Energy
NORTHAMPTON, MA / ACCESSWIRE / May 25, 2023 / As a mechanical engineer and the General Manager of Maintenance and Reliability for Suncor's Base Plant Upgrading in Fort McMurray, Alta., Isabelle Varney knows firsthand what can be accomplished when women working in male-dominated roles and sectors, like energy, band together to share their successes.
May 23, 2023 10:15 am ET
Refreshed Committee Reflects Shift in Safety Culture at Fort Hills
NORTHAMPTON, MA / ACCESSWIRE / May 23, 2023 / The Fort Hills Cares Committee, a group made up of frontline workers and management representatives at our Fort Hills operations, has led a renewed focus on health and safety priorities across the site. Click this link to learn more about their efforts.
May 15, 2023 10:30 am ET
Suncor Energy Foundation Celebrates 25 Years of Investing in Community
NORTHAMPTON, MA / ACCESSWIRE / May 15, 2023 / Created in 1998, the Suncor Energy Foundation (SEF) is a private, charitable foundation established by Suncor in 1998. Over 25 years, it has donated more than $260 million to support a wide variety of organizations.
May 11, 2023 11:15 am ET
May 09, 2023 06:00 pm ET
Suncor Energy Reports Voting Results from Annual General Meeting
Calgary, Alberta--(Newsfile Corp. - May 9, 2023) - Suncor (TSX: SU) (NYSE: SU) held its Annual General Meeting in Calgary today. A total of 907,152,053 shares (approximately 68.50% of outstanding common shares) were represented in person or by proxy.
May 08, 2023 07:40 pm ET
Suncor Energy Reports First Quarter 2023 Results
Unless otherwise noted, all financial figures are unaudited, presented in Canadian dollars (Cdn$), and derived from the company's condensed consolidated financial statements which are based on Canadian generally accepted accounting principles (GAAP), specifically International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB), and are prepared in accordance with International Accounting Standard (IAS) 34 Interim Financial Reporting. Production volumes are presented on a working-interest basis, before royalties, except for production values from the company's Libya operations, which are presented on an economic basis. Certain financial measures referred to in this news release (adjusted funds from operations and adjusted operating earnings) are not prescribed by Canadian generally accepted accounting principles (GAAP). See the Non-GAAP Financial Measures section of this news release. References to Oil Sands operations exclude Suncor Energy Inc.'s interest in Fort Hills and Syncrude.
May 08, 2023 06:30 pm ET
Suncor Energy Declares Dividend
All financial figures are in Canadian dollars.
May 03, 2023 06:00 pm ET
Petro-Canada(TM) and Canadian Tire Corporation Announce New Partnership
Two of Canada's trusted brands come together to offer more value and convenience for Canadians
May 02, 2023 09:45 am ET
Alberta’s Oldest Plesiosaur Fossil Found at Suncor Operated Mine Site
NORTHAMPTON, MA / ACCESSWIRE / May 2, 2023 / Suncor Energy
May 01, 2023 05:15 pm ET
Suncor Energy To Release First Quarter 2023 Financial Results, and Hold Annual General Meeting of Shareholders
Calgary, Alberta--(Newsfile Corp. - May 1, 2023) - Suncor (TSX: SU) (NYSE: SU) will release its first quarter financial results on May 8, 2023 before 8:00 p.m. MT (10:00 p.m. ET).
Apr 11, 2023 10:20 am ET
Suncor’s Wildlife Monitoring Program Captures Furry Friends Around Operations
NORTHAMPTON, MA / ACCESSWIRE / April 11, 2023 / Suncor Energy:
Apr 04, 2023 09:45 am ET
Suncor Expressing Support for New Moms at Base Plant Operations
NORTHAMPTON, MA / ACCESSWIRE / April 4, 2023 / Suncor Energy
Mar 24, 2023 06:45 am ET
Suncor Energy Announces Daniel Romasko to Join Board of Directors
Calgary, Alberta--(Newsfile Corp. - March 24, 2023) - Suncor Energy (TSX: SU) (NYSE: SU) today announced the appointment of Daniel (Dan) Romasko to the company's Board of Directors. Mr. Romasko's appointment is pursuant to the cooperation agreement with Elliott Investment Management dated July 16, 2022 as amended, and is effective March 23, 2023.
Mar 23, 2023 10:55 am ET
Why a Suncor Turnaround Maintenance Event Was Given the Cree Name - Project Mamawi
NORTHAMPTON, MA / ACCESSWIRE / March 23, 2023 / Suncor Energy:
Mar 17, 2023 06:45 am ET
Suncor Energy Amends Agreement with Elliott Investment Management
Calgary, Alberta--(Newsfile Corp. - March 17, 2023) - Suncor Energy (TSX: SU) (NYSE: SU) today announced that the agreement dated July 16, 2022 with Elliott Investment Management L.P. (together with its affiliates "Elliott"), as amended, has been further amended by the agreement of the parties to extend the right for Elliott to appoint an additional director to the board of Suncor from March 17, 2023 to March 31, 2023.
Mar 06, 2023 05:30 pm ET
Suncor Energy Files Annual Disclosure Documents
Calgary, Alberta--(Newsfile Corp. - March 6, 2023) - Suncor has filed its 2022 Annual Report and 2022 Annual Information Form.
Mar 02, 2023 09:35 pm ET
Suncor Energy Announces Sale of UK Exploration & Production Business
All financial figures are in Canadian dollars
Feb 21, 2023 06:45 am ET
Suncor Board Announces Rich Kruger as New President and Chief Executive Officer
Calgary, Alberta--(Newsfile Corp. - February 21, 2023) - Suncor (TSX: SU) (NYSE: SU) today announced that its board of directors has unanimously selected Rich Kruger to be the company's next President and Chief Executive Officer, effective April 3, 2023. Mr. Kruger will also join the Suncor Board of Directors. The announcement follows a rigorous global search process conducted by a special committee of the Board. The committee undertook an extensive evaluation of a number of highly qualified candidates with the support of an international executive recruiting firm.
Feb 14, 2023 06:20 pm ET
Suncor Energy Reports Fourth Quarter 2022 Results
Unless otherwise noted, all financial figures are unaudited, presented in Canadian dollars (Cdn$), and have been prepared in accordance with International Financial Reporting Standards (IFRS), specifically International Accounting Standard (IAS) 34 Interim Financial Reporting as issued by the International Accounting Standards Board. Production volumes are presented on a working-interest basis, before royalties, except for production values from the company's Libya operations, which are presented on an economic basis. Certain financial measures referred to in this news release (adjusted funds from operations, adjusted operating earnings, net debt, last-in, first-out (LIFO) inventory valuation methodology and free funds flow) are not prescribed by Canadian generally accepted accounting principles (GAAP). See the Non-GAAP Financial Measures section of this news release. References to Oil Sands operations exclude Suncor Energy Inc.'s interest in Fort Hills and Syncrude.
Feb 14, 2023 06:05 pm ET
Suncor Energy Declares Dividend
All financial figures are in Canadian dollars.
Feb 07, 2023 05:30 pm ET
Suncor Energy to Release Fourth Quarter 2022 Financial Results
Calgary, Alberta--(Newsfile Corp. - February 7, 2023) - Suncor (TSX: SU) (NYSE: SU) will release its fourth quarter financial results on February 14, 2023 before 8:00 p.m. MT (10:00 p.m. ET).
Feb 02, 2023 05:00 pm ET
Jan 16, 2023 06:45 am ET
Suncor Energy Amends Agreement with Elliott Investment Management
Calgary, Alberta--(Newsfile Corp. - January 16, 2023) - Suncor Energy (TSX: SU) (NYSE: SU) today announced that the agreement dated July 16, 2022 with Elliott Investment Management L.P. (together with its affiliates "Elliott"), has, in the interest of continued cooperation, been amended by the agreement of the parties to extend the right for Elliott to appoint an additional director to the board of Suncor from January 31, 2023 to March 17, 2023.
Jan 03, 2023 10:15 am ET
Strength in Ceremony
NORTHAMPTON, MA / ACCESSWIRE / January 3, 2023 / Suncor Energy:
Dec 29, 2022 12:20 pm ET
How Entrepreneurial Ideas Can Provide Value for Suncor
NORTHAMPTON, MA / ACCESSWIRE / December 29, 2022 / Suncor Energy
Dec 28, 2022 06:31 pm ET
Suncor Energy Provides Update on Commerce City Refinery
Calgary, Alberta--(Newsfile Corp. - December 28, 2022) - Suncor Energy (TSX: SU) (NYSE: SU) today provided an update related to its Commerce City refinery.
Dec 23, 2022 06:00 pm ET
Suncor Energy Provides Update on Acquisition of Teck's Interest in Fort Hills
Calgary, Alberta--(Newsfile Corp. - December 23, 2022) - Suncor Energy (TSX: SU) (NYSE: SU) ("Suncor") announces that it has been made aware of an application that has been filed today by TotalEnergies EP Canada Ltd. ("Total") in the Court of King's Bench of Alberta related to the validity of the right of first refusal notice ("ROFR Notice") delivered to it by Teck Resources Limited ("Teck") in connection with the sale of Teck's 21.3% interest in Fort Hills to Suncor.
Dec 22, 2022 10:20 am ET
Opinion: Treated Mine Water Release Essential to Oilsands Reclamation
NORTHAMPTON, MA / ACCESSWIRE / December 22, 2022 / Current global unrest and ongoing impacts from the pandemic have brought the security of supply of energy and resource products into sharp focus, not just for Canadians but our allies around the world.
Dec 15, 2022 10:10 am ET
A Plan To Help Protect Pacific Marine Habitats
NORTHAMPTON, MA / ACCESSWIRE / December 15, 2022 / Suncor Energy
Dec 08, 2022 10:15 am ET
Suncor Celebrates One Billion Barrels of In Situ Production
NORTHAMPTON, MA / ACCESSWIRE / December 8, 2022 / Suncor Energy:
Dec 01, 2022 10:15 am ET
Suncor 2022 Report on Sustainability: Water Stewardship
NORTHAMPTON, MA / ACCESSWIRE / December 1, 2022 / Suncor Energy
Nov 29, 2022 06:50 am ET
Suncor Energy Announces 2023 Production Outlook and Capital Program
Calgary, Alberta--(Newsfile Corp. - November 29, 2022) - Suncor Energy (TSX: SU) (NYSE: SU) released its 2023 corporate guidance today.
Nov 29, 2022 06:45 am ET
Suncor Energy to Retain and Optimize its Petro-CanadaTM Retail Business
Calgary, Alberta--(Newsfile Corp. - November 29, 2022) - Suncor Energy's (TSX: SU) (NYSE: SU) Board of Directors, today announced that following a comprehensive review, it has decided to retain and continue to improve and optimize the Petro-Canada retail business, increasing its EBITDA contribution and strengthening Suncor's integrated refining & marketing business. This will include continued optimization of the Petro-Canada retail sites across the network as well as continued expansion of strategic partnerships in non-fuel related businesses such as quick service restaurants, convenience stores, loyalty partnerships and energy transition offerings. "After careful consideration, the Board has concluded that retaining and optimizing the Company's retail business will generate the highest long-term value for shareholders and therefore, has unanimously decided to retain and continue to optimize the network and expand strategic partnerships for the Petro-Canada retail business that enhance our capabilities and capture increased revenue and cash flow opportunities," said Board Chair Mike Wilson. "Petro-Canada is a unique, differentiated, and strategic asset due to its strong national network and best in market consumer brand and loyalty program."A Committee of the Board, comprised of independent directors with support from independent external advisors and management, oversaw a comprehensive review and analysis of the Company's retail business. The scope of the review consisted in part of, an analysis of the existing business, including an assessment of the value of Suncor's integrated model, case studies from comparable peers, studies of the future of retail in Canada and Petro-Canada's growth plans. The Board also reviewed preliminary indications of interest from a global set of third parties in the Petro-Canada business, through an independent market check process, and considered feedback from a broad range of Suncor stakeholders including investors. The Committee considered the pros and cons of a range of alternatives and the likelihood of capturing long-term value for Suncor if the business was sold.The review highlighted the strength of the retail business, both as a leading marketer in Canada and as a key element of Suncor's industry leading integrated model, particularly in the Downstream business. With 18% of the Canadian retail fuel sales, Petro-Canada holds the #1 Canadian Kent Fuel Market Share(1). The strength of this network is appreciated by the more than 3 million active members of Petro-Canada's leading fuel loyalty program, Petro-Points. An iconic Canadian brand, Petro-Canada is recognized as Canada's leading Energy brand(2) and the Most Trusted Gas Station Brand in Canada(3).The Company will provide further information at its Investor Update on November 29, 2022.
Nov 23, 2022 05:30 pm ET
Reminder: Suncor Energy to Hold Investor Presentation in Toronto, Ontario
Calgary, Alberta--(Newsfile Corp. - November 23, 2022) - Suncor (TSX: SU) (NYSE: SU) will hold an investor presentation on November 29, 2022 from 11:00 a.m. to 1:00 p.m. MT (1:00 p.m. to 3:00 p.m. ET).
Nov 15, 2022 06:00 pm ET
Nov 02, 2022 08:06 pm ET
Suncor Energy Reports Third Quarter 2022 Results
Unless otherwise noted, all financial figures are unaudited, presented in Canadian dollars (Cdn$), and have been prepared in accordance with International Financial Reporting Standards (IFRS), specifically International Accounting Standard (IAS) 34 Interim Financial Reporting as issued by the International Accounting Standards Board. Production volumes are presented on a working-interest basis, before royalties, except for production values from the company's Libya operations, which are presented on an economic basis. Certain financial measures referred to in this news release (adjusted funds from operations, adjusted operating earnings, net debt, last-in, first-out (LIFO) inventory valuation methodology and free funds flow) are not prescribed by Canadian generally accepted accounting principles (GAAP). See the Non-GAAP Financial Measures section of this news release. References to Oil Sands operations exclude Suncor Energy Inc.'s interest in Fort Hills and Syncrude.
Oct 27, 2022 05:30 pm ET
Suncor Energy to Release Third Quarter 2022 Financial Results
Calgary, Alberta--(Newsfile Corp. - October 27, 2022) - Suncor (TSX: SU) (NYSE: SU) will release its third quarter financial results on November 2, 2022 before 8:00 p.m. MT (10:00 p.m. ET).
Oct 26, 2022 08:20 pm ET
Oct 11, 2022 05:30 pm ET
Suncor Energy to Hold Investor Presentation in Toronto, Ontario
Calgary, Alberta--(Newsfile Corp. - October 11, 2022) - Suncor (TSX: SU) (NYSE: SU) will hold an investor presentation on November 29, 2022 from 11:00 a.m. to 1:00 p.m. MT (1:00 p.m. to 3:00 p.m. ET).
Oct 05, 2022 06:13 pm ET
Oct 04, 2022 11:17 pm ET
Suncor Energy Announces Expiration and Upsizing of Tender Offers for Ten Series of Notes
Calgary, Alberta--(Newsfile Corp. - October 4, 2022) - Suncor Energy Inc. (TSX: SU) (NYSE: SU) ("Suncor") today announced the expiration of the offers to purchase for cash any and all of the ten series of outstanding notes described below ("Notes"), and that it has amended the Offer to Purchase (as defined below) by increasing the Maximum Purchase Consideration from C$1.75 billion to C$3.6 billion. The Offers described herein were made on the terms and conditions set forth in the Offer to Purchase, dated September 26, 2022 (the "Offer to Purchase") and the related Notice of Guaranteed Delivery (together with the Offer to Purchase, the "Tender Offer Documents"). Capitalized terms used but not defined in this announcement have the meanings given to them in the Offer to Purchase.
Oct 04, 2022 04:09 pm ET
Suncor Energy Announces Pricing of Tender Offers for Ten Series of Notes
Calgary, Alberta--(Newsfile Corp. - October 4, 2022) - Suncor Energy Inc. (TSX: SU) (NYSE: SU) ("Suncor") today announced the pricing of the offers to purchase for cash any and all of the ten series of outstanding notes described below ("Notes"), up to a maximum C$1,750,000,000 aggregate amount of Total Consideration (as defined below), on the terms and conditions set forth in the Offer to Purchase, dated September 26, 2022 (the "Offer to Purchase"). The Offer to Purchase and the related Notice of Guaranteed Delivery can be accessed at the following website: https://www.gbsc-usa.com/suncor. Capitalized terms used but not defined in this announcement have the meanings given to them in the Offer to Purchase.
Sep 26, 2022 08:25 am ET
Suncor Energy Commences Tender Offers for Ten Series of Notes
Calgary, Alberta--(Newsfile Corp. - September 26, 2022) - Suncor Energy Inc. (TSX: SU) (NYSE: SU) ("Suncor") today announced offers to purchase for cash any and all of the ten series of outstanding notes described below ("Notes"), up to a maximum C$1,750,000,000 aggregate amount of Total Consideration (as defined below), on the terms and conditions set forth in the Offer to Purchase dated September 26, 2022 (the "Offer to Purchase"). The Offer to Purchase and the related Notice of Guaranteed Delivery can be accessed at the following website: https://www.gbsc-usa.com/suncor. Capitalized terms used but not defined in this announcement have the meanings given to them in the Offer to Purchase.
Aug 04, 2022 07:30 pm ET
Suncor Energy Reports Second Quarter 2022 Results
Unless otherwise noted, all financial figures are unaudited, presented in Canadian dollars (Cdn$), and have been prepared in accordance with International Financial Reporting Standards (IFRS), specifically International Accounting Standard (IAS) 34 Interim Financial Reporting as issued by the International Accounting Standards Board. Production volumes are presented on a working-interest basis, before royalties, except for production values from the company's Libya operations, which are presented on an economic basis. Certain financial measures referred to in this news release (adjusted funds from operations, adjusted operating earnings, net debt and free funds flow) are not prescribed by Canadian generally accepted accounting principles (GAAP). See the Non-GAAP Financial Measures section of this news release. References to Oil Sands operations exclude Suncor Energy Inc.'s interest in Fort Hills and Syncrude.
Aug 04, 2022 07:00 pm ET
Suncor Energy Declares Dividend
All financial figures are in Canadian dollars.
Jul 27, 2022 06:00 pm ET
Suncor Energy to Release Second Quarter 2022 Financial Results
Calgary, Alberta--(Newsfile Corp. - July 27, 2022) - Suncor will release its second quarter financial results on August 4, 2022 before 8:00 p.m. MT (10:00 p.m. ET).
Jul 18, 2022 07:00 am ET
Suncor Energy Enters into Agreement with Elliott Investment Management
Calgary, Alberta--(Newsfile Corp. - July 18, 2022) - Suncor (TSX: SU) (NYSE: SU) today announced that it has entered into an agreement with Elliott Investment Management L.P. (together with its affiliates "Elliott"), pursuant to which Suncor's Board of Directors will appoint three new independent directors, two of whom will serve on the CEO search committee. The Board will also form a new committee to oversee a strategic review of Suncor's downstream retail business. These actions build on Suncor's ongoing efforts to enhance safety, reliability and operational excellence and to restore Suncor's industry leadership.
Jul 08, 2022 06:45 pm ET
Suncor Energy Announces CEO Transition
Calgary, Alberta--(Newsfile Corp. - July 8, 2022) - Suncor (TSX: SU) (NYSE: SU) announced today that the Board of Directors and chief executive officer Mark Little have mutually agreed that Mr. Little will step down as president and chief executive officer and resign from the Board, effective immediately. Kris Smith, who is currently executive vice president, Downstream, has been named Interim CEO.
Jul 07, 2022 06:55 pm ET
Suncor Energy Responds to Fatality at Base Plant Mine
Calgary, Alberta--(Newsfile Corp. - July 7, 2022) - Suncor (TSX: SU) (NYSE: SU) regretfully reports that a contractor worker was fatally injured this morning at our Base Plant site north of Fort McMurray, Alberta.
Jul 05, 2022 06:00 pm ET
Suncor Energy to Hold Oil Sands Operations Presentation
Calgary, Alberta--(Newsfile Corp. - July 5, 2022) - Suncor (TSX: SU) (NYSE: SU) will hold an Oil Sands Operations presentation on July 13, 2022 from 7:00 a.m. to 10:00 a.m. MT (9:00 a.m. to 12:00 p.m. ET).
Jun 22, 2022 08:00 pm ET
May 31, 2022 05:45 am ET
May 10, 2022 05:40 pm ET
Suncor Energy Reports Voting Results from Annual Meeting
Calgary, Alberta--(Newsfile Corp. - May 10, 2022) - Suncor (TSX: SU) (NYSE: SU) held its Annual Meeting in Calgary today. A total of approximately 1.43 billion shares (approximately 70.11% of outstanding common shares) were represented in person or by proxy.
May 09, 2022 07:35 pm ET
Suncor Energy Reports First Quarter 2022 Results
Unless otherwise noted, all financial figures are unaudited, presented in Canadian dollars (Cdn$), and have been prepared in accordance with International Financial Reporting Standards (IFRS), specifically International Accounting Standard (IAS) 34 Interim Financial Reporting as issued by the International Accounting Standards Board. Production volumes are presented on a working-interest basis, before royalties, except for production values from the company's Libya operations, which are presented on an economic basis. Certain financial measures referred to in this news release (adjusted funds from operations, adjusted operating earnings, refining and marketing gross margin, last-in, first-out (LIFO) inventory valuation methodology, net debt and free funds flow) are not prescribed by Canadian generally accepted accounting principles (GAAP). See the Non-GAAP Financial Measures section of this news release. References to Oil Sands operations exclude Suncor Energy Inc.'s interest in Fort Hills and Syncrude.
May 09, 2022 07:05 pm ET
Apr 28, 2022 03:41 pm ET
Suncor Energy Responds to Elliott Investment Management
Calgary, Alberta--(Newsfile Corp. - April 28, 2022) - Suncor (TSX: SU) (NYSE: SU) today issued the following statement in response to the letter it received this morning from Elliott Investment Management L.P. ("Elliott"):
Apr 28, 2022 09:00 am ET
Elliott Investment Management Sends Letter to the Board of Suncor Energy Inc.
Calls for Board Enhancement, along with Strategic and Management Review
Apr 28, 2022 09:00 am ET
Elliott Investment Management Sends Letter to the Board of Suncor Energy Inc.
Calls for Board Enhancement, along with Strategic and Management Review
Apr 26, 2022 05:30 pm ET
Suncor Energy to Release First Quarter 2022 Financial Results and Hold Annual General Meeting of Shareholders
Calgary, Alberta--(Newsfile Corp. - April 26, 2022) - Suncor (TSX: SU) (NYSE: SU) will release its first quarter financial results on May 9, 2022 before 8:00 p.m. MT (10:00 p.m. ET).
Apr 04, 2022 06:00 pm ET
Suncor Energy Strengthens Its Focus on Hydrogen and Renewable Fuels for Energy Expansion
Calgary, Alberta--(Newsfile Corp. - April 4, 2022) - In addition to driving shareholder returns through its core business, Suncor (TSX: SU) (NYSE: SU) will strengthen its focus on hydrogen and renewable fuels to accelerate progress towards its objective to be a net-zero company by 2050. Optimizing the portfolio to drive shareholder returns and continue to reduce emissions requires focus and discipline. Therefore, Suncor plans to divest its wind and solar assets.
Mar 22, 2022 02:00 pm ET
Suncor Energy Names Peter Zebedee as the Executive Vice President of Mining and Upgrading
Calgary, Alberta--(Newsfile Corp. - March 22, 2022) - Suncor (TSX: SU) (NYSE: SU) today announced the appointment of Peter Zebedee as the executive vice president of Mining and Upgrading, effective April 11, 2022.
Mar 17, 2022 05:30 pm ET
Suncor Energy's Executive Vice President of Mining and Upgrading Retiring
Calgary, Alberta--(Newsfile Corp. - March 17, 2022) - Suncor (TSX: SU) (NYSE: SU) today announced that Mike MacSween, the current executive vice president, Mining and Upgrading, is retiring early from Suncor on April 14, 2022.
Feb 24, 2022 06:30 pm ET
Suncor Energy Files Annual Disclosure Documents
Calgary, Alberta--(Newsfile Corp. - February 24, 2022) - Suncor (TSX: SU) (NYSE: SU) has filed its 2021 Annual Report, 2021 Annual Information Form and 2022 Management Proxy Circular.
Feb 02, 2022 06:08 pm ET
Suncor Energy Reports Fourth Quarter 2021 Results
Unless otherwise noted, all financial figures are unaudited, presented in Canadian dollars (Cdn$), and have been prepared in accordance with International Financial Reporting Standards (IFRS), specifically International Accounting Standard (IAS) 34 Interim Financial Reporting as issued by the International Accounting Standards Board. Production volumes are presented on a working-interest basis, before royalties, except for production values from the company's Libya operations, which are presented on an economic basis. Certain financial measures referred to in this news release (adjusted funds from (used in) operations, adjusted operating earnings (loss), net debt and free funds flow) are not prescribed by Canadian generally accepted accounting principles (GAAP). See the Non-GAAP Financial Measures section of this news release. References to Oil Sands operations exclude Suncor Energy Inc.'s interest in Fort Hills and Syncrude.
Feb 02, 2022 05:35 pm ET
Suncor Energy Declares Dividend
All financial figures are in Canadian dollars.
Jan 18, 2022 07:00 am ET
Suncor Energy Provides Q4 2021 Safety and Production Update
Calgary, Alberta--(Newsfile Corp. - January 18, 2022) - Suncor (TSX: SU) (NYSE: SU) today is providing an update on recent incidents and fourth quarter 2021 production.
Dec 29, 2021 05:30 pm ET
Suncor Energy to Release Fourth Quarter 2021 Financial Results
Calgary, Alberta--(Newsfile Corp. - December 29, 2021) - Suncor (TSX: SU) (NYSE: SU) will release its fourth quarter financial results on Feb. 2, 2022 before 8:00 p.m. MT (10:00 p.m. ET).
Dec 13, 2021 07:00 am ET
Suncor Energy announces 2022 production outlook and capital program
Suncor released its 2022 corporate guidance today which supports the previous announcements of doubling the dividend, increasing share buybacks and lowering the capital program by $300 million. The 2022 guidance reflects strong operational...
Oct 27, 2021 06:30 pm ET
Suncor Energy reports third quarter 2021 results
“In the third quarter of 2021, Suncor generated funds from operations of $2.6 billion, underpinned by strong results from the Refining & Marketing business and including the significant planned turnaround at Oil Sands Base,” said Mark Little,...
Oct 27, 2021 06:15 pm ET
Suncor accelerates increased returns to shareholders
Given the strength of the company and confidence in the execution of Suncor Energy’s strategic plans, the Board of Directors has approved the acceleration of increased returns to shareholders by the reinstatement of the dividend to 2019 levels. The...
Oct 20, 2021 05:30 pm ET
Suncor Energy to release third quarter 2021 financial results
Suncor will release its third quarter financial results on Oct. 27, 2021 before 8:00 p.m. MT (10:00 p.m. ET). A webcast to review the third quarter will be held on Oct. 28 at 7:30 a.m. MT (9:30 a.m. ET). Representing management will be Mark...
Oct 01, 2021 06:45 am ET
Suncor assumes operatorship of Syncrude
Suncor today confirmed that it has assumed operatorship of the Syncrude Joint Venture, a critical step towards driving greater efficiencies and competitiveness across all Suncor-operated assets in the Regional Municipality of Wood Buffalo (RMWB)....
Sep 16, 2021 06:45 am ET
Suncor Energy forms partnership with eight Indigenous communities in the Regional Municipality of Wood Buffalo to acquire an equity interest in the Northern Courier Pipeline
Suncor today announced the signing of agreements with eight Indigenous communities in the Regional Municipality of Wood Buffalo (RMWB) to acquire all of TC Energy’s 15 per cent equity interest in the Northern Courier Pipeline Limited Partnership....
Sep 08, 2021 05:30 pm ET
Suncor Energy provides update on White Rose asset
Suncor today announced it has entered into a conditional agreement to increase its interest in the White Rose asset subject to a restart decision on the West White Rose project. As part of the conditional agreement, Cenovus, the operator, will...
Sep 08, 2021 05:15 pm ET
Suncor Energy confident in East Coast Canada energy future: moves forward with Terra Nova Asset Life Extension
Suncor today announced that the co-owners of the Terra Nova Floating, Production, Storage and Offloading (FPSO) facility and associated Terra Nova Field (“Terra Nova”) have finalized the agreement to restructure the project ownership and move...
Jul 28, 2021 07:20 pm ET
Suncor Energy reports second quarter 2021 results
“Suncor generated $2.4 billion in funds from operations in the quarter while also completing significant turnaround activities in the upstream and downstream businesses,” said Mark Little, president and chief executive officer. “The improved cash...
Jul 28, 2021 06:15 pm ET
Suncor Energy declares dividend
Suncor Energy’s Board of Directors has approved a quarterly dividend of $0.21 per share on its common shares, payable September 24, 2021 to shareholders of record at the close of business on September 3, 2021. Suncor Energy is Canada's leading...
Jul 21, 2021 05:15 pm ET
Suncor Energy to release second quarter 2021 financial results
Suncor will release its second quarter financial results on July 28, 2021 before 8:00 p.m. MT (10:00 p.m. ET). A webcast to review the second quarter will be held on July 29 at 7:30 a.m. MT (9:30 a.m. ET). Representing management will be Mark...
Jul 13, 2021 07:35 pm ET
Suncor Energy releases 2021 Report on Sustainability and Climate Report
Continuing more than 25 years of sustainability reporting, Suncor released its 2021 Report on Sustainability and Climate Report today. The reports share the company’s 2020 environmental, social and governance (ESG) performance and highlight key...
Jun 16, 2021 06:30 pm ET
Suncor Energy and Terra Nova co-owners reach Agreement in Principle on Terra Nova
Suncor today advised that the co-owners of the Terra Nova Floating, Production, Storage and Offloading (FPSO) facility and associated Terra Nova Field (“Terra Nova” or “the project”) have reached an agreement in principle to restructure the project...
Jun 09, 2021 06:45 am ET
Canada’s largest oil sands producers announce unprecedented alliance to achieve net zero greenhouse gas emissions
Canadian Natural Resources, Cenovus Energy, Imperial, MEG Energy and Suncor Energy formally announced today the Oil Sands Pathways to Net Zero initiative. These companies operate approximately 90% of Canada’s oil sands production. The goal of this...
May 26, 2021 06:45 am ET
Suncor Energy’s updated corporate strategy increases shareholder returns and accelerates reductions in GHG emissions with an objective to be net-zero by 2050
In alignment with its Purpose to provide trusted energy that enhances people’s lives while caring for each other and the earth, Suncor today will share its updated strategy focused on increasing shareholder returns and accelerating its progress in...
May 19, 2021 06:00 pm ET
Suncor Energy to hold Investor Day
Suncor will host an Investor Day online at 8:00 a.m. MT (10:00 a.m. ET) on May 26, 2021. During the presentation, Suncor will share its medium-term corporate outlook, provide an update on the progress to date of its $2B of free funds flow...
May 11, 2021 06:45 am ET
Suncor and ATCO partner on a potential world-scale clean hydrogen project in Alberta
Two Canadian companies, Suncor Energy and ATCO Ltd., are collaborating on early stage design and engineering for a potential clean hydrogen project near Fort Saskatchewan, Alberta. The project would produce more than 300,000 tonnes per year of...
May 04, 2021 06:49 pm ET
Suncor Energy reports voting results from Annual Meeting
Suncor held its Annual Meeting in Calgary today. A total of approximately 1.05 billion shares (approximately 68.83% of outstanding common shares) were represented in person or by proxy. Shareholders voted as follows on the matters before the...
May 03, 2021 07:27 pm ET
Suncor Energy reports first quarter 2021 results
“Building on the previous quarter’s operational momentum, Suncor generated $2.1 billion in funds from operations, far exceeding all of our capital expenditures and dividend commitments in the first quarter of 2021,” said Mark Little, president and...
May 03, 2021 06:00 pm ET
Suncor Energy declares dividend
Suncor Energy’s Board of Directors has approved a quarterly dividend of $0.21 per share on its common shares, payable June 25, 2021 to shareholders of record at the close of business on June 4, 2021. Suncor Energy is Canada's leading integrated...
Apr 27, 2021 05:30 pm ET
Suncor Energy to release first quarter 2021 financial results, and hold Annual Meeting of shareholders and Investor Day
Suncor will release its first quarter financial results on May 3, 2020 before 8:00 p.m. MT (10:00 p.m. ET). A webcast to review the first quarter will be held on May 4 at 7:30 a.m. MT (9:30 a.m. ET). Representing management will be Mark Little,...
Mar 18, 2021 05:15 pm ET
Suncor Energy invests in carbon capture technology company Svante
Suncor and Svante Inc. today announced an equity financing agreement which provides Svante with the additional growth capital to accelerate the commercialization of Svante’s novel second generation CO2 capture technology in North America for the...
Mar 02, 2021 06:45 pm ET
Suncor Energy announces significant progress on debt management and reduction and the pricing of US$ 750 million notes offering and CAD$ 500 million medium term notes offering
Suncor Energy Inc. (Suncor or the company) remains focused on maintaining the financial health and resiliency of the company. Consistent with its debt management and reduction strategy, Suncor announces the expected repayment of short-term...
Feb 25, 2021 07:36 pm ET
Suncor Energy files annual disclosure documents
Suncor has filed its 2020 Annual Report, 2020 Annual Information Form and 2021 Management Proxy Circular. To view the company’s annual disclosure documents, visit Suncor's profile on sedar.com or sec.gov or visit Suncor’s website at...
Feb 24, 2021 05:45 pm ET
Suncor Energy announces Russ Girling to stand for election to Board of Directors
Suncor today announced that Russ Girling will stand for election to the Suncor Board of Directors at the company’s next Annual General Meeting to be held on May 4, 2021. “With an extensive career in the energy industry spanning 35 years, I’m...
Feb 03, 2021 06:49 pm ET
Suncor Energy reports fourth quarter 2020 results
“Suncor delivered strong operational results during the fourth quarter, reflecting improved performance across our assets in November and December following the completion of significant maintenance at the end of October,” said Mark Little,...
Feb 03, 2021 06:15 pm ET
Suncor Energy declares dividend
Suncor Energy’s Board of Directors has approved a quarterly dividend of $0.21 per share on its common shares, payable March 25, 2021 to shareholders of record at the close of business on March 4, 2021. Suncor Energy is Canada’s leading...
Jan 27, 2021 05:15 pm ET
Suncor Energy to release fourth quarter 2020 financial results
Suncor will release its fourth quarter financial results on February 3, 2021 before 8:00 p.m. MT (10:00 p.m. ET). A webcast to review the fourth quarter will be held on February 4 at 7:30 a.m. MT (9:30 a.m. ET). Representing management will be...
Jan 04, 2021 05:50 pm ET
Suncor to record impairment charge on White Rose assets
Suncor today advised that it will record in the fourth quarter of 2020 a non-cash after-tax impairment charge of approximately $425 million on its share of the White Rose asset and West White Rose Project. While the asset is currently producing,...
Nov 30, 2020 05:15 pm ET
Suncor Energy announces 2021 production outlook and capital allocation
Suncor released its 2021 corporate guidance today which reflects its capital allocation framework and includes: average upstream production of 740,000 to 780,000 barrels of oil equivalent per day (boe/d);expected debt repayment in 2021 of between...
Nov 23, 2020 06:30 pm ET
Suncor to assume operatorship of Syncrude by end of 2021
Suncor, as 58.74% owner of the Syncrude Joint Venture, announced today that it, together with the other Syncrude joint venture owners – Imperial Oil Resources Limited, CNOOC Oil Sands Canada and Sinopec Oil Sands Partnership – have agreed in...
Nov 19, 2020 06:30 am ET
Petro-Canada to support Caregivers in Canada through the Petro-Canada CareMakers Foundation™
Petro-Canada, a Suncor business, today announced the creation of the Petro-Canada CareMakers Foundation, which will support family caregivers across Canada. Through the CareMakers Foundation, Suncor plans to invest $10 million over the next five...
Nov 18, 2020 06:00 pm ET
Suncor Energy declares dividend
Suncor Energy’s Board of Directors has approved a quarterly dividend of $0.21 per share on its common shares, payable December 24, 2020 to shareholders of record at the close of business on December 3, 2020. Suncor Energy is Canada's leading...
Nov 17, 2020 05:45 pm ET
Suncor Energy announces Jean Paul Gladu to join Board of Directors
Suncor today announced the appointment of Jean Paul (JP) Gladu to the company’s Board of Directors. Mr. Gladu’s appointment is effective Nov. 17, 2020. “I’m pleased that JP is joining Suncor’s Board of Directors,” said Board Chair Michael Wilson....
Oct 28, 2020 06:18 pm ET
Suncor Energy reports third quarter 2020 results
“We remain steadfast in our commitment to the safety and reliability of our operations as we continue to navigate the impact of the COVID19 pandemic,” said Mark Little, president and chief executive officer. “Although the pandemic continues to have...
Oct 21, 2020 05:15 pm ET
Suncor Energy to release third quarter 2020 financial results
Suncor will release its third quarter financial results on October 28, 2020 before 8:00 p.m. MT (10:00 p.m. ET). A webcast to review the third quarter will be held on October 29 at 7:30 a.m. MT (9:30 a.m. ET). Representing management will be Mark...
Sep 27, 2020 02:58 am ET
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Suncor Energy Inc. - SU
Pomerantz LLP is investigating claims on behalf of investors of Suncor Energy Inc. (“Suncor” or the “Company”) (NYSE: SU).   Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 7980. The...
Sep 22, 2020 01:01 pm ET
INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Suncor Energy Inc. and Encourages Investors with Losses of $100,000 to Contact the Firm
The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Suncor Energy Inc. (“Suncor” or “the Company”) (NYSE:
Sep 17, 2020 05:30 pm ET
Suncor Energy re-certified at Gold level in CCAB’s Progressive Aboriginal Relations program
Suncor today announced it has been re-certified at gold-level in the Progressive Aboriginal Relations (PAR) program from the Canadian Council for Aboriginal Business (CCAB). The award was presented at the CCAB’s virtual Business Recovery Forum,...
Sep 17, 2020 03:41 pm ET
INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Suncor Energy Inc. and Encourages Investors with Losses of $100,000 to Contact the Firm
The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Suncor Energy Inc. (“Suncor” or “the Company”) (NYSE:
Sep 17, 2020 01:21 pm ET
EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against Suncor Energy Inc. – SU
Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Suncor Energy Inc. (NYSE: SU) resulting from allegations that Suncor may have issued materially misleading business information to the investing public.
Sep 17, 2020 08:00 am ET
Suncor Energy, Inc. Investors: Company Investigated by the Portnoy Law Firm
The Portnoy Law Firm advises Suncor Energy, Inc. ("Suncor" or the "Company") (NYSE: SU) investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors. The investigation...
Sep 16, 2020 10:03 pm ET
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Suncor Energy Inc. - SU
Pomerantz LLP is investigating claims on behalf of investors of Suncor Energy Inc. (“Suncor” or the “Company”) (NYSE: SU).   Such investors are advised to contact Robert S. Willoughby at  [email protected] or 888-476-6529, ext. 7980. The...
Sep 07, 2020 09:29 pm ET
Suncor Energy provides operational and 2020 guidance update
Following the August 14 incident at its Base Plant operations, in light of identified performance improvement opportunities at its Firebag operation, and bringing on the second train of production at Fort Hills, Suncor is today providing an...
Aug 17, 2020 01:24 am ET
Suncor provides update on Base Plant mining operations
Suncor today provided an update on the Base Plant mining operations following an incident which occurred on August 14, 2020.  At approximately 7 p.m. MT on August 14, a fire occurred in the secondary extraction area of the Base Plant mining...
Jul 22, 2020 06:00 pm ET
Suncor Energy reports second quarter 2020 results
“We experienced unprecedented volatility this quarter in all facets of our business as the COVID-19 pandemic and OPEC+ supply issues continued to impact the industry,” said Mark Little, president and chief executive officer. “The company took...
Jul 22, 2020 05:45 pm ET
Suncor Energy declares dividend
Suncor Energy’s Board of Directors has approved a quarterly dividend of $0.21 per share on its common shares, payable September 25, 2020 to shareholders of record at the close of business on September 4, 2020. Suncor Energy is Canada's leading...
Jul 15, 2020 07:00 pm ET
Suncor Energy releases 2020 Report on Sustainability
Suncor released its 2020 Report on Sustainability today. For 25 years, the company has voluntarily issued an in-depth report on its sustainability performance as part of its commitment to continually monitor, assess and share the impacts of its...
Jul 14, 2020 05:30 pm ET
Suncor Energy to release second quarter 2020 financial results
Suncor will release its second quarter financial results on July 22, 2020 before 8:00 p.m. MT (10:00 p.m. ET). A webcast to review the second quarter will be held on July 23 at 7:30 a.m. MT (9:30 a.m. ET). Representing management will be Mark...
Jun 02, 2020 10:00 am ET
LanzaJet Takes Off: Innovative Sustainable Fuel Technology and Investment Structure to Accelerate Commercialization, Regional Job Growth, and Carbon Reduction
LanzaTech, a leading biotech company and carbon recycler, has successfully launched LanzaJet, Inc., a new company that will produce sustainable aviation fuel (SAF) for a sector requiring climate friendly fuel options as it starts to recover from...
May 11, 2020 06:15 pm ET
Suncor Energy announces pricing of US$1.0 billion notes offering
Suncor announced today that it has priced an offering of US$450 million in aggregate principal amount of senior unsecured notes due on May 15, 2023 (the “2023 Notes”) and US$550 million in aggregate principal amount of senior unsecured notes due on...
May 06, 2020 06:30 pm ET
Suncor Energy reports voting results from Annual General Meeting
Suncor held its Annual General Meeting in Calgary today. A total of approximately 1.16 billion shares (approximately 76.05% of outstanding common shares) were represented in person or by proxy. Shareholders voted as follows on the matters before...
May 05, 2020 07:21 pm ET
Suncor Energy declares dividend
The convergence of two global events has created a turbulent market situation. The COVID-19 pandemic and the associated rapid demand reduction and the crude oil supply shock as a result of the OPEC+ production decisions are expected to keep crude...
May 05, 2020 06:48 pm ET
Suncor Energy reports first quarter 2020 results
“The COVID‑19 pandemic has led to an unprecedented decline in demand for transportation fuels and a significant oversupply of crude oil resulting in a substantial decline in crude oil prices,” said Mark Little, president and chief executive...
Apr 27, 2020 05:15 pm ET
Suncor Energy to release first quarter 2020 financial results and hold Annual General Meeting of shareholders
Suncor will release its first quarter financial results on May 5, 2020 before 8:00 p.m. MT (10:00 p.m. ET). A webcast to review the first quarter will be held on May 6 at 7:30 a.m. MT (9:30 a.m. ET). Representing management will be Mark Little,...
Apr 15, 2020 05:26 pm ET
Suncor supports Canadians and their communities through Petro-Canada program
Petro-Canada, a Suncor business, is contributing $3 million to help meet the needs of Canadians and their communities. Over the coming days and weeks, at Petro-Canada locations across the country, our associates and their teams will acknowledge...
Apr 14, 2020 05:15 pm ET
Suncor Energy to hold annual general meeting online
Suncor announced today that its upcoming Annual General Meeting (AGM) will be held in a virtual-only format in light of public health concerns regarding COVID-19.   Suncor believes in safety above all else.  The decision to move to a virtual...
Apr 07, 2020 05:16 pm ET
Suncor Energy announces $1.25 billion medium term note offering
Suncor announced today that it will issue $1.25 billion of senior unsecured Series 7 Medium Term Notes due on April 9, 2030 (the “Notes”). The Notes will have a coupon of 5.00% and have been priced at $99.697 per $100 of Notes to yield 5.039%. The...
Mar 23, 2020 11:18 pm ET
Suncor Energy provides a corporate update including revised 2020 capital program, operating costs and production outlook
Suncor released a corporate update today, including revised 2020 corporate guidance for capital, operating costs and production outlook, reflecting the significant decline in the crude oil price and uncertainty surrounding the economic impact of...
Feb 27, 2020 07:33 pm ET
Suncor Energy files annual disclosure documents
Suncor has filed its 2019 Annual Report, 2019 Annual Information Form and 2020 Management Proxy Circular. To view the company’s annual disclosure documents, visit Suncor's profile on sedar.com or sec.gov or visit Suncor’s website at...
Feb 05, 2020 07:15 pm ET
Suncor Energy reports fourth quarter 2019 results
“In the fourth quarter of 2019, Suncor generated funds from operations of $2.6 billion, bringing annual funds from operations to a new record of $10.8 billion,” said Mark Little, president and chief executive officer. “In 2019, we returned...
Feb 05, 2020 06:45 pm ET
Suncor Energy declares increased dividend and announces additional share repurchase program
Suncor Energy’s Board of Directors has approved a quarterly dividend of $0.465 per share on its common shares, payable March 25, 2020 to shareholders of record at the close of business on March 4, 2020. This dividend represents an approximate 11%...
Jan 29, 2020 05:30 pm ET
Suncor Energy to release fourth quarter 2019 financial results
Suncor will release its fourth quarter financial results on Feb. 5, 2020 before 8:00 p.m. MT (10:00 p.m. ET). A webcast to review the fourth quarter will be held on Feb. 6 at 7:30 a.m. MT (9:30 a.m. ET). Representing management will be Mark...
Dec 23, 2019 05:15 pm ET
Suncor Energy amends normal course issuer bid
The decision to increase Suncor's share repurchase program was previously announced on November 13, 2019. Today, Suncor received approval from the Toronto Stock Exchange (TSX) to amend its existing normal course issuer bid (the NCIB) effective as...
Dec 17, 2019 07:45 pm ET
Petro-Canada announces completion of coast-to-coast network of EV fast chargers
Petro-Canada, a Suncor business, today announced the completion of its coast-to-coast network of electric vehicle (EV) fast chargers. With locations from Nova Scotia to British Columbia, EV drivers will now be able to travel across the country with...
Dec 02, 2019 06:00 pm ET
Suncor Energy announces 2020 capital program and production outlook
Suncor released its 2020 corporate guidance today which focuses on driving its $2 billion of incremental free funds flow target by 2023, achieving its 2030 sustainability targets, and reflects the company’s recent 800 MW cogeneration investment...
Nov 13, 2019 05:30 pm ET
Suncor Energy declares dividend and announces increase to share repurchase program
Suncor Energy’s Board of Directors has approved a quarterly dividend of $0.42 per share on its common shares, payable December 24, 2019 to shareholders of record at the close of business on December 3, 2019. Suncor’s Board of Directors has also...
Nov 12, 2019 06:30 am ET
Suncor accelerates digital transformation journey through strategic alliance with Microsoft
Suncor today announced a multi-year strategic alliance with Microsoft Canada as a part of the company’s effort to further accelerate its digital transformation journey. Suncor has selected Microsoft as its strategic cloud provider, tapping into the...
Nov 06, 2019 05:15 pm ET
Suncor Energy announces Lorraine Mitchelmore to join Board of Directors
Suncor today announced the appointment of Lorraine Mitchelmore to the company’s board of directors.  Ms. Mitchelmore’s appointment is effective Nov. 6, 2019. “I’m delighted that Lorraine is joining Suncor’s board of directors,” said Suncor board...
Oct 30, 2019 06:30 pm ET
Suncor Energy reports third quarter 2019 results
“Suncor generated $2.7 billion in funds from operations and $1.1 billion of operating earnings during the third quarter, reflecting the ability of our integrated business to deliver strong results across a wide range of market conditions,” said...
Oct 23, 2019 06:00 pm ET
Suncor Energy to release third quarter 2019 financial results
Suncor will release its third quarter financial results on Oct. 30, 2019 before 8:00 p.m. MT (10:00 p.m. ET). A webcast to review the third quarter will be held on Oct. 31 at 7:30 a.m. MT (9:30 a.m. ET). Representing management will be Mark...
Oct 15, 2019 05:15 pm ET
Suncor Energy increases its participation in Enerkem, strengthening their existing relationship
Enerkem Inc., a world-leading waste-to-biofuels and chemicals producer, today announced the closing of a $50 million equity investment from Suncor. As Canada's leading integrated energy company, Suncor first participated in the ownership of Enerkem...
Sep 09, 2019 05:37 pm ET
Suncor Energy to invest $1.4 billion in low-carbon power cogeneration at its Oil Sands Base Plant
Suncor today announced it is replacing its coke-fired boilers with two cogeneration units at its Oil Sands Base Plant. The cogeneration units will provide reliable steam generation required for Suncor’s extraction and upgrading operations and...
Aug 29, 2019 05:15 pm ET
Suncor Energy to present at the Barclays CEO Energy-Power Conference 2019
Mark Little, president and chief executive officer, will present at the Barclays CEO Energy-Power Conference on Wednesday, September 4, 2019 at 7:05 a.m. MT (9:05 a.m. ET). The webcast link will be available on Suncor's website at...
Jul 24, 2019 06:36 pm ET
Suncor Energy reports second quarter 2019 results
“This quarter, we delivered $3.0 billion in funds from operations, a new second quarter record, and $1.3 billion of operating earnings due to our team delivering solid operating performance while taking full advantage of our flexibility to...
Jul 24, 2019 05:40 pm ET
Suncor Energy declares dividend
Suncor Energy’s Board of Directors has approved a quarterly dividend of $0.42 per share on its common shares, payable September 25, 2019 to shareholders of record at the close of business on September 4, 2019. Suncor Energy is Canada's leading...
Jul 18, 2019 05:15 pm ET
Suncor Energy releases 2019 Report on Sustainability
Suncor today released its annual Report on Sustainability which details the company’s environmental, social and economic performance. Suncor’s perspective on the challenges and opportunities of climate change, and the transition to a low-carbon...
Jul 17, 2019 06:00 pm ET
Suncor Energy to release second quarter 2019 financial results
Suncor will release its second quarter financial results on July 24, 2019 before 8:00 p.m. MT (10:00 p.m. ET). A webcast to review the second quarter will be held on July 25 at 7:30 a.m. MT (9:30 a.m. ET). Representing management will be Mark...
May 22, 2019 05:15 pm ET
Suncor Energy announces $750 million medium term note offering
Suncor announced today that it will issue $750 million of senior unsecured Series 6 Medium Term Notes due on May 24, 2029 (the “Notes”). The Notes will have a coupon of 3.10% and have been priced at $99.761 per $100 of Notes to yield 3.128%. The...
May 02, 2019 05:15 pm ET
Suncor Energy reports voting results from Annual General Meeting
Suncor held its Annual General Meeting in Calgary today. A total of approximately 1.58 billion shares (approximately 78.48% of outstanding common shares) were represented in person or by proxy. Shareholders voted as follows on the matters before...
May 01, 2019 07:00 pm ET
Suncor Energy reports first quarter 2019 results
“Suncor’s integrated model has consistently generated positive results through changing market conditions, including mandatory production curtailments in Alberta, and the first quarter of 2019 was no different,” said Mark Little, president and...
May 01, 2019 05:15 pm ET
Suncor Energy declares dividend
Suncor Energy’s Board of Directors has approved a quarterly dividend of $0.42 per share on its common shares, payable June 25, 2019 to shareholders of record at the close of business on June 4, 2019. Suncor Energy is Canada's leading integrated...
Apr 23, 2019 06:00 pm ET
Suncor Energy to release first quarter 2019 financial results and hold Annual General Meeting of shareholders
Suncor will release its first quarter financial results on May 1, 2019 before 8:00 p.m. MT (10:00 p.m. ET). A webcast to review the first quarter will be held on May 2 at 7:30 a.m. MT (9:30 a.m. ET). Representing management will be Steve Williams,...
Mar 04, 2019 07:30 am ET
New Research Coverage Highlights Suncor Energy, STARWOOD PROPERTY TRUST, INC, Gladstone Commercial, Mercury, Century Communities, and Sotheby's — Consolidated Revenues, Company Growth, and Expectation
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Suncor Energy Inc. (NYSE:SU), STARWOOD PROPERTY TRUST, INC. (NYSE:STWD),...
Feb 28, 2019 06:55 pm ET
Suncor Energy files annual disclosure documents
Suncor has filed its 2018 Annual Report, 2018 Annual Information Form and 2019 Management Proxy Circular. To view the company’s annual disclosure documents, visit Suncor's profile on sedar.com or sec.gov or visit Suncor’s website at...
Feb 26, 2019 10:30 am ET
Charging Ahead with EV Growth Beyond Cars; Lithium-ion Batteries will Continue to Dominate
Investorideas.com, a global investor news source covering lithium and cleantech stocks issues a snapshot looking at how the EV market is on an exponential growth curve, fuelled by both policy and consumer demand. “China is charging full speed...
Feb 13, 2019 06:30 am ET
Petro-Canada to provide Canadian EV drivers with Canada’s first coast-to-coast network of fast chargers 
Petro-Canada, a Suncor business, is building a network of electric vehicle (EV) fast charging stations across the country. More than 50 EV stations will be located along the Trans-Canada highway at strategically located Petro-Canada stations from...