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.
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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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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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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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Suncor Energy releases its Report on Sustainability and Climate Report, highlighting its progress in environmental, social, and governance (ESG) performance. Effective water management is crucial to the company's operations. Suncor is working on reducing water withdrawal, recycling water, and safely removing and returning treated water from mine sites. The company is waiting for the federal and provincial governments to finalize criteria for releasing treated water. Once regulations are in place, Suncor can design treatment plans to meet the objectives. Suncor emphasizes its commitment to working with Indigenous communities and respecting their constitutional and treaty rights in water management solutions.
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Suncor Energy unveils first-of-its-kind smudge and ceremonial room at Calgary headquarters
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Suncor Energy to acquire TotalEnergies EP Canada Ltd. for $1.468 billion, adding 61,000 bpd of bitumen production capacity and 675 million barrels of reserves to its portfolio. The acquisition secures long-term bitumen supply and aims to create additional value through regional synergies. Suncor will own 100% of Fort Hills, aligning with its strategy to wholly own and operate strategic assets. The transaction has received regulatory approvals and is expected to close with an effective date of April 1, 2023.
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Suncor Energy reports progress in sustainability performance and ESG areas, including safety improvements and investments in technologies. Water management and Indigenous partnerships are prioritized. Suncor joins Pathways Alliance to address climate change and hopes to make progress on carbon capture and storage. Inclusion and diversity initiatives continue with a focus on creating a respectful workplace.
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Suncor Energy reports progress in sustainability and Indigenous relations in their 2023 Report on Sustainability. They have agreements with Indigenous communities and measure performance against the Mining Association of Canada's Indigenous and Community Relationships Protocol. They spent approximately 27% more with Indigenous suppliers in 2022, reaching 20% of overall spending ($3.1 billion). Suncor has 923 Indigenous employees, representing 5.4% of the workforce. They also have initiatives to support Indigenous youth and partnerships with postsecondary institutions.
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Suncor Energy unveils Firebag mural by Indigenous artist Keegan Starlight, strengthening relationship with Indigenous communities. The mural is the largest Indigenous mural on a corrugated metal surface in Canada. Keegan hosted art workshops in Fort Chipewyan and Fort McKay to learn about the communities' culture and values. The mural depicts the Indigenous People's relationship with the land, water, and animals. Positive for Suncor Energy's reputation and community engagement efforts.
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Suncor Energy reports on sustainability and biodiversity conservation efforts
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Suncor Energy Inc.
NYSE:SU
SU Rankings
SU Stock Data
52.23B
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