Profile
Sector:
EnergyIndustry:
Oil & Gas IntegratedCountry:
CanadaIPO:
17 March 1980Website:
http://www.suncor.comNext earnings report:
14 August 2024Last dividends:
04 June 2024Next dividends:
N/APrice
after hours | 57 min agoAnalysts recommendations
Institutional Ownership
SU Latest News
Calgary, Alberta--(Newsfile Corp. - June 20, 2024) - Suncor Energy (TSX: SU) (NYSE: SU), one of the largest oil sands companies in Canada, and a member of the Pathways Alliance, is steadfast in our commitment to environmental performance and operational emissions reduction. To support our commitment, we have strived to be transparent about our actions and plans, which we believe is critical to building trust and driving improvement.
Calgary, Alberta--(Newsfile Corp. - June 6, 2024) - Suncor (TSX: SU) (NYSE: SU) President and Chief Executive Officer Rich Kruger says Canada can increase its prosperity for the benefit of all Canadians while also mitigating the impacts of climate change if government and industry work together. Kruger appeared today before the House of Commons Standing Committee on Environment and Sustainable Development as part of a panel of executives from Canada's largest energy companies.
Suncor (SU) sue by environmentalists for air pollution violations under the U.S. Clean Air Act at its Commerce City refinery from 2019-23.
Suncor Energy (SU) reported earnings 30 days ago. What's next for the stock?
Environmental groups filed notice on Wednesday to sue Canadian oil producer Suncor Energy under the U.S. Clean Air Act for repeated air pollution violations at its Commerce City, Colorado, refinery.
Suncor Energy (SU) announced an increase in its share repurchase program to 75% of its free funds flow this quarter, with plans to escalate this to nearly 100% once net debt is reduced.
Canada plays a crucial role in the global energy industry because of its abundant reserves and minimal decline rates. Suncor Energy stands out in the sector for its efficient operations, substantial reserves, and impressive production growth. Investors can anticipate robust cash flow, increasing dividends, and aggressive share repurchases as the company reduces its debt, making Suncor a compelling investment option.
Suncor Energy anticipates spending between C$6.3 billion and C$6.5 billion on capital expenditures and producing between 770,000 and 810,000 boe/d in 2024.
Calgary, Alberta--(Newsfile Corp. - April 30, 2024) - Suncor (TSX: SU) (NYSE: SU) is set to announce its first quarter financial results on May 7, 2024, before 5:00 p.m. MT (7:00 p.m. ET).
Suncor Energy stock remains appealing even though it is trading close to its highest point in the past year. With a forward price-to-earnings ratio of around 10, the stock has numerous potential catalysts for profit growth, including rising oil prices, better utilization rates, and gains from recent acquisitions and projects to enhance its capital.
What type of business is Suncor Energy?
Suncor Energy Inc. operates as an integrated energy company. The company primarily focuses on developing petroleum resource basins in Canada's Athabasca oil sands; explores, acquires, develops, produces, transports, refines, and markets crude oil in Canada and internationally; markets petroleum and petrochemical products under the Petro-Canada name primarily in Canada. It operates through Oil Sands; Exploration and Production; Refining and Marketing; and Corporate and Eliminations segments. The Oil Sands segment recovers bitumen from mining and in situ operations, and upgrades it into refinery feedstock and diesel fuel, or blends the bitumen with diluent for direct sale to market. The Exploration and Production segment is involved in offshore operations off the east coast of Canada and in the North Sea; and operating onshore assets in Libya and Syria. The Refining and Marketing segment refines crude oil and intermediate feedstock into various petroleum and petrochemical products; and markets refined petroleum products to retail, commercial, and industrial customers through its other retail sellers. The Corporate and Eliminations segment operates four wind farms in Ontario and Western Canada. The company also markets and trades in crude oil, natural gas, byproducts, refined products, and power. The company was formerly known as Suncor Inc. and changed its name to Suncor Energy Inc. in April 1997. Suncor Energy Inc. was founded in 1917 and is headquartered in Calgary, Canada.
What sector is Suncor Energy in?
Suncor Energy is in the Energy sector
What industry is Suncor Energy in?
Suncor Energy is in the Oil & Gas Integrated industry
What country is Suncor Energy from?
Suncor Energy is headquartered in Canada
When did Suncor Energy go public?
Suncor Energy initial public offering (IPO) was on 17 March 1980
What is Suncor Energy website?
https://www.suncor.com
Is Suncor Energy in the S&P 500?
No, Suncor Energy is not included in the S&P 500 index
Is Suncor Energy in the NASDAQ 100?
No, Suncor Energy is not included in the NASDAQ 100 index
Is Suncor Energy in the Dow Jones?
No, Suncor Energy is not included in the Dow Jones index
When does Suncor Energy report earnings?
The next expected earnings date for Suncor Energy is 14 August 2024