Suncor Energy Inc.

Suncor today announced the appointment of Peter Zebedee as the executive vice president of Mining and Upgrading, effective April 11, 2022. Peter comes to Suncor from LNG Canada where he had been seconded by Shell as the chief executive officer since 2019. Prior to his secondment into the LNG Canada joint venture, Peter's last position with Shell was vice president Canada Manufacturing and general manager Scotford. As the [...]

Suncor today announced that Mike MacSween, the current executive vice president, Mining and Upgrading, is retiring early from Suncor on April 14, 2022. As the executive vice president, Mining and Upgrading, Mike has led all of Suncor's mining and upgrading operations, including Syncrude. He has also overseen Suncor's involvement with the Regional Municipality of Wood Buffalo community. "I would like to thank Mike for his [...]

Suncor has filed its 2021 Annual Report, 2021 Annual Information Form and 2022 Management Proxy Circular. To view the company's annual disclosure documents, visit Suncor's profile on sedar.com or sec.gov or visit Suncor's website at suncor.com/financialreports. Shareholders may obtain a copy of Suncor's 2021 Annual Report free of charge by calling Investor Relations at 1-800-558-9071. Suncor Energy is Canada's leading [...]

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 $0.42 per share on its common shares, payable March 25, 2022 to shareholders of record at the close of business on March 4, 2022. Suncor Energy is Canada's leading integrated energy company, with a global team of over 30,000 people. Suncor's operations include oil sands development, production and [...]

Suncor today is providing an update on recent incidents and fourth quarter 2021 production. We are deeply saddened by the fatality at our Base plant mining operations on January 6, 2022. We extend our thoughts and condolences to the family, friends and colleagues of the deceased worker. The incident occurred when one heavy haul truck rear-ended a second heavy haul truck while they were both driving up a mine haul ramp [...]

Suncor will release its fourth quarter financial results on Feb. 2, 2022 before 8:00 p.m. MT . A webcast to review the fourth quarter will be held on Feb. 3 at 7:30 a.m. MT . Representing management will be Mark Little, president and chief executive officer and Alister Cowan, chief financial officer. A question and answer period with analysts will follow brief remarks from management. Trevor Bell, vice president, Investor [...]

Suncor released its 2022 corporate guidance today which supports the previous announcements of doubling the dividend, increasing share buybacks and lowering the capital program by $300 million. The 2022 guidance reflects strong operational performance across all assets and continued capital and cost discipline. Highlights include: Upstream production of 750,000 to 790,000 barrels of oil equivalent per day , approximately [...]

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 [...]

Increases dividend by 100% Increases NCIB program to purchase up to 107 million shares Unless noted otherwise, all financial figures are in Canadian dollars CALGARY, Alberta, Oct. 27, 2021 -- Given the strength of the company and confidence in the execution of Suncor Energy's strategic plans, the Board of Directors has approved the acceleration of increased returns to shareholders by the reinstatement of the dividend to [...]