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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.

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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

NYSE:SU

SU Rankings

SU Stock Data

42.76B
1.24B
0.01%
71.78%
4.1%
Oil & Gas Integrated
Energy
Link
Canada
Calgary