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Suncor Energy - SU STOCK NEWS

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.

Suncor Energy Inc. (SU) is a leading Canadian integrated energy company focused on sustainable development of oil sands resources, petroleum refining, and retail operations through its Petro-Canada network. This page aggregates official announcements, financial reports, and operational updates to serve as a comprehensive resource for stakeholders.

Access real-time information on quarterly earnings, environmental initiatives, refinery optimization projects, and strategic partnerships. Investors will find timely updates on production metrics, dividend declarations, and leadership changes directly from corporate sources.

Key content categories include oil sands innovation developments, downstream operational updates, corporate sustainability reports, and market analysis relevant to SU's integrated business model. All materials are sourced from verified company communications to ensure accuracy.

Bookmark this page for streamlined access to Suncor Energy's latest developments across its upstream production, refining capabilities, and expanding retail footprint. Check regularly for updates that may impact long-term energy sector positioning.

News
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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.
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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.
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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.
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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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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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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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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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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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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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NYSE:SU

SU Rankings

SU Stock Data

42.73B
1.24B
0.01%
71.78%
4.1%
Oil & Gas Integrated
Energy
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Canada
Calgary