Suncor in a sentence

Its shares were strong performers until it merged with Calgary’s Suncor Energy in 2009 (Suncor and Petro-Canada shareholders received a 60/40 split of the combined company).

As a group, analysts expect that Suncor Energy Inc. will post 5.66 earnings per share for the current fiscal year.

Finally, Jones Financial Companies Lllp increased its stake in Suncor Energy by 63.9% in the 3rd quarter.

For Shell, BP (previously self-branded as Beyond Petroleum) and Alberta’s Suncor (pictured above), the glint of black gold has them riding the fossil fuel carousel rather than reaching for the gold transition ring.

However, Suncor, which serves as Colorado’s only in-state gasoline producer, will take months to return to full production capacity, and the shutdown has put a squeeze on fuel supply and costs across the state.

Just last year, I had an excellent conversation about diversification with Suncor executive Martha Hall Findlay and her sustainability team.

Kruger will be a very quick study on (Suncor's) portfolio, in our view," Hulshof said in a note.

McPherson said that there’s still a portion of Rhinehart Oil Company’s product that is sourced out of the Denver metropolitan area, but the Suncor refinery’s shutdown doesn’t mean that portion will be drastically affected.

Pollutants that entered Sand Creek through the refinery’s stormwater system in December were 40% to 80% above permitted allowances, according to a letter sent by Suncor to the state health department’s Water Quality Protection Section.

Rich Kruger is the new chief executive of Suncor Energy, after retiring from the same position with Imperial Oil in 2019.

Suncor Energy had a net margin of 14.25% and a return on equity of 26.90%.

Suncor Energy Inc gained 2% after the energy company reported a better-than-expected fourth-quarter profit, helped by higher crude prices.

Suncor Energy’s earnings this year are, as you might expect, declining.

Suncor maintains an efficient operation with a competitive breakeven level.

Suncor, one of Canada’s largest oil companies, helped the federal government draft a highly anticipated climate change strategy that was due to be released in 2022 but is now over a year late, documents obtained by The Narwhal show.

TD Securities analyst Menno Hulshof pointed out that Kruger has deep knowledge of the oilsands, with Imperial and Suncor having assets next to each other in the region and refineries in the same jurisdiction.

TD Securities lowered shares of Suncor Energy from a “buy” rating to a “hold” rating in a report on Thursday, September 28th.

The decision was a response to studies filed last spring by environmental groups saying Suncor’s plans would damage the wetland and release thousands of tonnes of carbon.

The Surmont in situ project is operated by ConocoPhillips Canada and upon closing, each of Suncor and ConocoPhillips Canada will hold a 50% working interest.

The two ideas were created by employees and there is potential for the ideas to be applied across Suncor.