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 Libya, which is on [...]
Suncor will release its third quarter financial results on Oct. 30, 2019 before 8:00 p.m. MT . A webcast to review the third quarter will be held on Oct. 31 at 7:30 a.m. MT . Representing management will be Mark Little, president and chief executive officer and Alister Cowan, executive vice president and chief financial officer. A question and answer period with analysts will follow brief remarks from management. Trevor [...]
Enerkem Inc., a world-leading waste-to-biofuels and chemicals producer, today announced the closing of a $50 million equity investment from Suncor. As Canada's leading integrated energy company, Suncor first participated in the ownership of Enerkem in April 2019 as part of a $76.3 million equity financing alongside Enerkem's existing shareholders. With this new investment, Suncor becomes a significant, strategic [...]
All financial figures are in Canadian dollars Delivers superior returns and a significant contributor to the company’s goal of growing incremental free funds flow by $2 billion by 2023 Suncor’s greenhouse gas emissions associated with steam production at Base Plant will be reduced by approximately 25% GHG emissions in the province of Alberta will be reduced by approximately 2.5 megatonnes per year CALGARY [...]
Mark Little, president and chief executive officer, will present at the Barclays CEO Energy-Power Conference on Wednesday, September 4, 2019 at 7:05 a.m. MT . The webcast link will be available on Suncor's website at suncor.com/webcasts, or at the following URL for 180 days: https://cc.talkpoint.com/barc002/090319b_js/?entity=11_EHJ6N63 Suncor Energy is Canada's leading integrated energy company. Suncor's operations [...]
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 Libya, which is [...]
Suncor Energy’s Board of Directors has approved a quarterly dividend of $0.42 per share on its common shares, payable September 25, 2019 to shareholders of record at the close of business on September 4, 2019. Suncor Energy is Canada's leading integrated energy company. Suncor's operations include oil sands development and upgrading, offshore oil and gas production, petroleum refining, and product marketing under [...]
Suncor today released its annual Report on Sustainability which details the company’s environmental, social and economic performance. Suncor’s perspective on the challenges and opportunities of climate change, and the transition to a low-carbon economy are contained in its third Climate Risk and Resilience Report available within the Report on Sustainability and as a stand-alone downloadable PDF. The annual [...]
Suncor will release its second quarter financial results on July 24, 2019 before 8:00 p.m. MT . A webcast to review the second quarter will be held on July 25 at 7:30 a.m. MT . Representing management will be Mark Little, president and chief executive officer and Alister Cowan, executive vice president and chief financial officer. A question and answer period with analysts will follow brief remarks from management. Trevor [...]
Suncor announced today that it will issue $750 million of senior unsecured Series 6 Medium Term Notes due on May 24, 2029 . The Notes will have a coupon of 3.10% and have been priced at $99.761 per $100 of Notes to yield 3.128%. The offering is expected to close on May 24, 2019, subject to customary closing conditions. Suncor intends to use the net proceeds from the sale of the Notes to refinance or repay existing debt of [...]
Suncor held its Annual General Meeting in Calgary today. A total of approximately 1.58 billion shares were represented in person or by proxy. Shareholders voted as follows on the matters before the meeting: Shareholders elected the following nine board members , with shares represented at the meeting voting in favour of individual directors as follows: Patricia M. Bedient 99.27% Mel E. Benson 96.93% John D. Gass 98.59 [...]
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 Libya, which is [...]
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