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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.
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The Latest News section aggregates recent news posts from various news outlets, offering a comprehensive overview of the most recent developments related to the topic.
Suncor's stock price is currently range-bound, in correlation with the oil market, trading at $30-$40/share, as oil trades in the $60-$90/barrel range. In the shorter term there is a great deal of glo...
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 co...
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 Canadia...
Canada's biggest oil sands producers support a paying a tax on carbon but see a proposed federal oil and gas emissions cap as unnecessary legislation, the companies' CEOs told lawmakers in Ottawa on T...
Suncor Energy (SU) reported earnings 30 days ago. What's next for the stock?...
Suncor (SU) sue by environmentalists for air pollution violations under the U.S. Clean Air Act at its Commerce City refinery from 2019-23....
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....
Suncor Energy, Inc. (NYSE:SU ) 2024 Business Update Call May 21, 2024 9:30 AM ET Company Participants Troy Little - VP, IR Rich Kruger - President, CEO & Director Peter Zebedee - EVP, Oil Sands Dave O...
