Suncor Energy Inc.

All financial figures are in Canadian dollars Suncor Energy today announced that it has entered into a share purchase agreement with Equinor UK Limited for the sale of Suncor Energy UK Limited, which includes Suncor's non-operated offshore interests in the North Sea. The deal is valued at approximately C$1.2 billion excluding working capital adjustments and including contingent consideration of C$338 million that is [...]

Alister Cowan, Chief Financial Officer, to retire at the end of the year Kris Smith to become Chief Financial Officer and Executive Vice President of Corporate Development Suncor 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 [...]

Unless otherwise noted, all financial figures are unaudited, presented in Canadian dollars , and have been prepared in accordance with International Financial Reporting Standards , specifically International Accounting Standard 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 [...]

All financial figures are in Canadian dollars. Suncor Energy's Board of Directors has approved a quarterly dividend of $0.52 per share on its common shares, payable March 24, 2023 to shareholders of record at the close of business on March 3, 2023. Suncor Energy is Canada's leading integrated energy company. Suncor's operations include oil sands development, production and upgrading, offshore oil and gas production [...]

Suncor will release its fourth quarter financial results on February 14, 2023 before 8:00 p.m. MT . A webcast to review the fourth quarter will be held on February 15, 2023 at 7:30 a.m. MT . Representing management will be Kris Smith, Interim President and Chief Executive Officer and Alister Cowan, Chief Financial Officer. A question and answer period with analysts will follow brief remarks from management. Troy Little [...]

All financial figures are in Canadian dollars Suncor Energy today announced that it has closed the transaction to purchase an additional 14.65% working interest in the Fort Hills Project from Teck Resources Ltd. . As announced by TotalEnergies on January 27, 2023, TotalEnergies EP Canada Ltd. has provided notice of the exercise of its contractual right of first refusal to acquire the remaining 6.65% of Teck's interest [...]

Suncor Energy today announced that the agreement dated July 16, 2022 with Elliott Investment Management L.P. , 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. Suncor is Canada's leading integrated energy company. Suncor's operations include oil sands [...]

Suncor Energy: Not that long ago, Veronica Big Plume , donned a cap and gown and walked across a stage during a graduation ceremony at Mount Royal University. She holds a Bachelor of Arts in sociology from the school but has also been an initiated member of both the Medicine Pipe Society and Beaver Pipe Society through the Siksika community since 2014. She and her brother have twice sponsored the Tobacco Dance, which is [...]

Suncor Energy Chris Fitzgerald has always loved to solve problems. Ever since he started with Petro?Canada over 15 years ago, he has worked all over Suncor with one common theme-taking complex problems and finding solutions that work for employees, leaders and the business. Chris, who is currently a development manager focused on optimization for Business and Operations Services at Suncor, and his team were recently [...]

Suncor Energy today provided an update related to its Commerce City refinery. Due to the extreme and record-setting weather impacting much of the United States, including Denver, Colorado, Suncor's Commerce City refinery experienced equipment damage in the days leading up to December 24th, 2022. Consistent with our operational excellence and safe operating practice, on December 24th it was determined that the entire [...]