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Suncor Energy, Inc. - SU STOCK NEWS

Welcome to our dedicated news page for Suncor Energy (Ticker: SU), a resource for investors and traders seeking the latest updates and insights on Suncor Energy.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Suncor Energy's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Suncor Energy's position in the market.

News
Canadian Tire Corporation and Petro-Canada(TM) Fuel New Adventures with Loyalty Partnership Launch
Rhea-AI Summary
Canadian Tire and Petro-Canada, a Suncor Energy business, have launched a loyalty partnership to enhance benefits for their members at over 1,800 locations. Members can earn and redeem rewards seamlessly between Triangle Rewards and Petro-Points programs, maximizing their benefits. This collaboration aims to provide more value and convenience to millions of loyal customers across Canada.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.92%
Tags
partnership
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News
Suncor Energy Files Annual Disclosure Documents
Rhea-AI Summary
Suncor Energy has filed its 2023 Annual Report, 2023 Annual Information Form, and 2024 Management Proxy Circular. Shareholders can access these documents on sedarplus.com, sec.gov, or Suncor's website. Suncor is a leading integrated energy company in Canada, involved in oil sands development, offshore oil production, petroleum refining, and renewable fuels. The company also operates Petro-CanadaTM retail and wholesale distribution networks. Suncor's common shares are listed on the Toronto and New York stock exchanges.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.91%
Tags
none
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News
Fort McKay First Nation and Suncor Energy to Partner on Prospective Oil Sands Development Opportunity on Reserve Lands
Rhea-AI Summary
Fort McKay First Nation (FMFN) and Suncor (SU) sign an MOU for oil sands lease development, aiming for sustainable prosperity and environmental protection. The agreement allows FMFN to govern oil sands activity on their land, benefiting from responsible resource development.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.4%
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none
News
Suncor Energy Reports Fourth Quarter 2023 Results
Rhea-AI Summary
Suncor Energy Inc. reports strong fourth-quarter performance with adjusted funds from operations of $4.0 billion, total upstream production of 808,100 boe/d, and a quarterly dividend increase of approximately 5%. The company returned $1.1 billion to shareholders, achieved best-ever Oil Sands production, and had a record year in employee safety. Suncor's net debt increased to $13.678 billion, and the company renewed its Normal Course Issuer Bid to repurchase up to 128,700,000 common shares.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.18%
Tags
earnings
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News
Suncor Energy Announces Upcoming Changes to its Board of Directors
Rhea-AI Summary
Suncor Energy announces the retirement of two Board members, Michael Wilson and Dennis Houston, with Russ Girling set to become the new Chair of the Board. The company expresses gratitude for Wilson and Houston's service and welcomes Girling's extensive industry experience.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.18%
Tags
management
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News
Suncor Energy Declares Dividend
Rhea-AI Summary
Suncor Energy's Board of Directors approves a quarterly dividend of $0.545 per share. The company is a leading integrated energy company in Canada, with operations in oil sands, offshore oil production, petroleum refining, and energy trading. Suncor is also investing in power and renewable fuels for a low-emissions future.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.18%
Tags
dividends
News
Suncor Energy to Release Fourth Quarter 2023 Financial Results
Rhea-AI Summary
Suncor (SU) will release its Q4 financial results on February 21, 2024, followed by a webcast on February 22, 2024. Management will discuss the results and take questions from analysts. Suncor Energy is a leading integrated energy company in Canada with diverse operations and a focus on transitioning to a low-emissions future.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.09%
Tags
earnings
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News
Suncor Energy Achieves 2023 Upstream Production Corporate Guidance
Rhea-AI Summary
Suncor (TSX: SU) (NYSE: SU) reported a strong fourth quarter of 2023, with upstream production of 808,000 barrels per day, resulting in an annual average of 746,000 bbls/d. Notably, Suncor's net synthetic crude oil production was 476,000 bbls/d, and net non-upgraded bitumen production was 282,000 bbls/d. The company's downstream operations also demonstrated strong performance, with an average refining utilization of 97% in the fourth quarter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.76%
Tags
none
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News
Suncor Energy Announces Kent Ferguson as New Senior Vice President of Strategy, Sustainability and Corporate Development
Rhea-AI Summary
Suncor (SU) appoints Kent Ferguson as Senior Vice President, Strategy, Sustainability, and Corporate Development. Ferguson brings over 25 years of energy industry experience, including roles at RBC Capital Markets. Suncor is Canada's leading integrated energy company, operating in oil sands development, offshore oil and gas, petroleum refining, and renewable energy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.1%
Tags
none
News
Suncor Energy Announces 2024 Corporate Guidance
Rhea-AI Summary
Suncor Energy (TSX: SU) (NYSE: SU) expects an annual upstream production of 770,000 - 810,000 barrels per day and refining utilization of 92% to 96% in 2024. The company's focus on cost reductions and disciplined capital investment aims to improve free funds flow per share and deliver improved shareholder returns.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.47%
Tags
none
Stock SU logo
Suncor Energy, Inc.

NYSE:SU

SU Rankings

#246 Ranked by Market Cap
#2353 Ranked by Stock Gains
#559 Ranked by Dividends

SU Stock Data

48.82B
1.29B
0.02%
67.17%
1.52%
Petroleum Refineries
Manufacturing
Link
Canada
Calgary

About SU

suncor energy is a sustainably-operated canadian integrated energy company. our company combines a leading position in the canadian oil sands with complementary operations in: • refining and marketing • north american natural gas production • international and offshore conventional oil production our use of innovative technology has made us an industry leader in the energy business – and with a strong strategy for growth, suncor offers a solid foundation for you to continue building your career. at suncor, we operate our businesses reliably and efficiently with an emphasis on employee safety. suncor is also committed to contributing to the well-being of the communities where we operate – including yours. as an employer, suncor is one of the best companies in canada, providing tremendous future potential where talented people thrive and lead. as our business evolves, so do our employment opportunities. our work culture includes a dynamic mix of newcomers and experienced profess