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Suncor Energy (T:SU) has notable insider buying

Updated Wednesday Aug 10, 2022 02:09 AM EDT

Suncor Energy Inc. (SU) has below median officer and director direct ownership compared to its large-cap peers in the market, based on our estimate using SEDI data.

Kristopher Peter Smith, a Senior Officer, acquired 18,000 Common Shares on a direct ownership basis at a price of $39.110 through the public market on August 9th, 2022. This represents a $703,980 investment into the company's shares and an account share holdings change of 59.1%.

Suncor Energy is in the Oil & Gas Refining and Marketing Sub Industry Group under the Energy Sector.

Suncor Energy Inc. is a Canada-based integrated energy company. The Company's segments include Oil Sands, Exploration and Production (E&P), and Refining and Marketing. The Oil Sands segment includes the Company's owned operations in the Athabasca oil sands in Alberta to explore, develop and produce bitumen, synthetic crude oil and related products, through the recovery and upgrading of bitumen from mining and in situ operations. The E&P segment includes offshore activity in East Coast Canada, with interests in the Hibernia, Terra Nova, White Rose and Hebron oilfields, the exploration and production of crude oil and natural gas at Buzzard and Golden Eagle Area Development in the United Kingdom, and exploration and production of crude oil and gas at Oda. The Refining and Marketing segment includes the refining of crude oil products, and the distribution, marketing, transportation and risk management of refined and petrochemical products, and other purchased products.

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Go to Suncor Energy Inc. (SU)'s company page

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