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Suncor Energy Declares Dividend

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Suncor Energy's Board of Directors has approved a quarterly dividend of $0.545 per share on its common shares, payable on June 25, 2024, to shareholders of record on June 4, 2024. Suncor Energy is a leading integrated energy company in Canada, involved in oil sands development, production and upgrading, offshore oil production, petroleum refining, and energy trading activities. The company is focusing on advancing the transition to a low-emissions future through investments in power and renewable fuels. Suncor's common shares are listed on the Toronto and New York stock exchanges.

Positive
  • Suncor Energy declared a quarterly dividend of $0.545 per share, showcasing commitment to returning value to shareholders.

  • The company's diversified operations in oil sands, offshore oil production, refining, and energy trading provide stability and growth potential.

  • Suncor's focus on transitioning to a low-emissions future through investments in power and renewable fuels demonstrates a commitment to sustainability.

Negative
  • There may be risks associated with the energy trading activities conducted by Suncor, such as volatility in crude oil and natural gas prices.

  • The dependence on oil sands development and production may expose Suncor to environmental and regulatory challenges in the future.

All financial figures are in Canadian dollars.

Calgary, Alberta--(Newsfile Corp. - May 7, 2024) - Suncor Energy's (TSX: SU) (NYSE: SU) Board of Directors has approved a quarterly dividend of $0.545 per share on its common shares, payable June 25, 2024 to shareholders of record at the close of business on June 4, 2024.

Suncor Energy is Canada's leading integrated energy company. Suncor's operations include oil sands development, production and upgrading; offshore oil production; petroleum refining in Canada and the U.S.; and the company's Petro-CanadaTM retail and wholesale distribution networks (including Canada's Electric HighwayTM, a coast-to-coast network of fast-charging EV stations). Suncor is developing petroleum resources while advancing the transition to a low-emissions future through investments in power and renewable fuels. Suncor also conducts energy trading activities focused primarily on the marketing and trading of crude oil, natural gas, byproducts, refined products and power. Suncor's common shares (symbol: SU) are listed on the Toronto and New York stock exchanges.

For more information about Suncor, visit our website at suncor.com.

Media inquiries:
(833) 296-4570
media@suncor.com

Investor inquiries:
invest@suncor.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/208290

FAQ

When will Suncor Energy's dividend of $0.545 per share be payable?

The dividend will be payable on June 25, 2024, to shareholders of record on June 4, 2024.

What is Suncor Energy's stock symbol?

Suncor Energy's common shares are listed under the symbol SU on the Toronto and New York stock exchanges.

What are Suncor Energy's main operations?

Suncor Energy is involved in oil sands development, production and upgrading, offshore oil production, petroleum refining, and energy trading activities.

How can I contact Suncor Energy for media inquiries?

For media inquiries, you can contact Suncor Energy at (833) 296-4570 or media@suncor.com.

What is Suncor Energy's focus regarding a low-emissions future?

Suncor Energy is focusing on advancing the transition to a low-emissions future through investments in power and renewable fuels.

Suncor Energy, Inc.

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46.75B
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Oil & Gas Integrated
Energy
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United States of America
Calgary