Welcome to our dedicated page for Suncor Energy news (Ticker: $SU), a resource for investors and traders seeking the latest updates and insights on Suncor Energy stock.
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.
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.
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End-of-Day
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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.
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Suncor Energy (SU) announces the safe restart of the Terra Nova Floating, Production, Storage and Offloading vessel after completing the Terra Nova Asset Life Extension project. The company expects production to ramp up in the coming months. The Terra Nova oil field is located offshore Newfoundland and Labrador, with Suncor holding a 48% stake, Cenovus holding 34%, and Murphy Oil Corporation holding 18%. Suncor is Canada's leading integrated energy company, involved in oil sands development, offshore oil and gas, petroleum refining, and renewable energy. Suncor's common shares are listed on the Toronto Stock Exchange and the New York Stock Exchange.
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-1.34%
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Suncor Energy (TSX: SU) (NYSE: SU) has completed the acquisition of TotalEnergies EP Canada Ltd., securing the remaining 31.23% working interest in the Fort Hills Project for a purchase price of $1.468 billion. This transaction makes Suncor the sole owner of the Fort Hills Project, located in Alberta's Athabasca region. Suncor Energy is Canada's leading integrated energy company, with operations in oil sands development, production, and upgrading, offshore oil and gas, petroleum refining, and energy trading activities. The company is also committed to transitioning to a low-emissions future through investments in power and renewable fuels.
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-0.9%
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Suncor Energy (TSX: SU) (NYSE: SU) Increases Quarterly Dividend by 5% to $0.545 per Share, Supported by Improved Operational Performance and Focus on Growing Free Funds Flow. The dividend will be payable on December 22, 2023, to shareholders of record on December 1, 2023.
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-0.68%
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Suncor Energy (TSX: SU) (NYSE: SU) announces a $1.5 billion offering of senior unsecured notes to finance the acquisition of TotalEnergies' EP Canada Ltd. The offering consists of two tranches of Series 9 and Series 10 Medium Term Notes with coupons of 5.60% and 5.40% respectively, expected to close on November 17, 2023.
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2.03%
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Suncor Energy Inc. (TSX: SU) (NYSE: SU) reported adjusted funds from operations of $3.6 billion and adjusted operating earnings of $2.0 billion, returning nearly $1.0 billion to shareholders through dividends and share repurchases. Total upstream production was 690,500 barrels of oil equivalent per day, with refinery utilization at 99%. Net debt as of September 30, 2023, was $12.995 billion.
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3.57%
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Suncor Energy has released its Report on Sustainability and Climate Report, continuing its practice of disclosing progress in environmental, social, and governance (ESG) performance. The company contributed approximately $40 million in 2022 to community, charitable, and non-profit groups. The Suncor Energy Foundation (SEF) increased its donations to approximately $18 million in strategic funding priorities. Syncrude donated $4.2 million to community organizations in 2022, totaling more than $44 million since 2015. The Petro-Canada CareMakers Foundation has made a difference in the lives of caregivers since its introduction in 2020.
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End-of-Day
0.99%
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Suncor (TSX: SU) (NYSE: SU) will release its third quarter financial results on November 8, 2023 before 8:00 p.m. MT (10:00 p.m. ET). A webcast to review the third quarter will be held on November 9, 2023 at 7:30 a.m. MT (9:30 a.m. ET). Suncor Energy is Canada's leading integrated energy company, with operations in oil sands development, production and upgrading, offshore oil and gas, petroleum refining, and retail and wholesale distribution networks. Suncor is also investing in power and renewable fuels to transition to a low-emissions future. Suncor's common shares (symbol: SU) are listed on the Toronto Stock Exchange and the New York Stock Exchange.
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End-of-Day
0.99%
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Suncor Energy's Employee Resource Group, Prism, is dedicated to creating an inclusive work environment. They actively engage in community events and promote allyship.
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1.1%
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Suncor Energy, Inc.
NYSE:SU
SU Rankings
SU Stock Data
50.04B
1.29B
0.02%
67.17%
1.52%
Petroleum Refineries
Manufacturing
United States of America
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