Suncor Energy Inc.

Mark Little to step down, effective immediately Kris Smith appointed Interim CEO Board begins global search for next CEO Suncor announced today that the Board of Directors and chief executive officer Mark Little have mutually agreed that Mr. Little will step down as president and chief executive officer and resign from the Board, effective immediately. Kris Smith, who is currently executive vice president, Downstream, has [...]

To focus on response and caring for our people, Oil Sands Operations Presentation postponed Suncor regretfully reports that a contractor worker was fatally injured this morning at our Base Plant site north of Fort McMurray, Alberta. Suncor Emergency Services responded to an incident at a shovel maintenance pad in the mine early this morning where a Komatsu employee was pronounced deceased at the scene. "This is an [...]

Suncor will hold an Oil Sands Operations presentation on July 13, 2022 from 7:00 a.m. to 10:00 a.m. MT . The presentation will focus on the company's oil sands operations and providing updates on production and operational actions and plans to ensure safe and reliable performance, with presenters: Mark Little, president and chief executive officer Peter Zebedee, executive vice president, Mining & Upgrading Shelley Powell [...]

All financial figures are in Canadian dollars Suncor released its 2022 Report on Sustainability and Climate Report today. The reports highlight how Suncor is working to achieve exceptional environmental, social and governance performance, and share Suncor's actions on sustainable energy development, emphasizing the progress made to accelerate GHG reductions to reach net-zero by 2050 while increasing shareholder returns [...]

All financial figures are in Canadian dollars. Suncor today announced that concurrent with the decision to restart the West White Rose project by the joint venture owners, Suncor has increased its ownership in the White Rose asset. In exchange for a cash payment of approximately $50 million from Cenovus to Suncor and in accordance with the conditional agreement announced on September 8, 2021, Suncor's interest in the [...]

Suncor held its Annual Meeting in Calgary today. A total of approximately 1.43 billion shares were represented in person or by proxy. Shareholders voted as follows on the matters before the meeting: Shareholders elected the following eleven board members , with shares represented at the meeting voting in favour of individual directors as follows: Patricia M. Bedient 95.95% John D. Gass 96.26% Russell K. Girling 96.70 [...]

Unless otherwise noted, all financial figures are unaudited, presented in Canadian dollars , and have been prepared in accordance with International Financial Reporting Standards , specifically International Accounting Standard 34 Interim Financial Reporting as issued by the International Accounting Standards Board. Production volumes are presented on a working-interest basis, before royalties, except for production [...]

All financial figures are in Canadian dollars. Suncor Energy's Board of Directors has approved a quarterly dividend of $0.47 cents per common share representing a 12% increase over the prior quarter dividend and the highest quarterly dividend in the company's history. A combination of operational improvements, the accelerated realization of the $2 billion free funds flow target and a higher level of share buybacks have [...]

Suncor today issued the following statement in response to the letter it received this morning from Elliott Investment Management L.P. : The Suncor Board and management team have received the letter and materials from Elliott. Suncor appreciates the views of its shareholders and will take the time to carefully assess the recommendations and materials provided, with a view to enhancing shareholder and other stakeholder [...]

Calls for Board Enhancement, along with Strategic and Management Review Sees $30 Billion Value Creation Opportunity, a Potential Share-Price Increase of 50% or More Full Letter and Presentation Available at RestoreSuncor.com Elliott Investment Management L.P. , which manages funds that have made an investment representing approximately a 3.4% economic interest in Suncor Energy Inc. ,1 today sent a letter and presentation [...]