CALGARY, Alberta, July 19, 2018 -- Suncor will release its second quarter financial results on Wednesday, July 25, 2018 before 8:00 p.m. MT . A webcast to review the second quarter will be held at 7:30 a.m. MT on Thursday, July 26, 2018. Representing management will be Steve Williams, president and chief executive officer, Alister Cowan, executive vice president and chief financial officer and Mark Little, chief operating [...]
CALGARY, Alberta, July 09, 2018 -- Suncor today provided an update on the Syncrude Oil Sands facility following the site wide power disruption on June 20. Preliminary investigation results indicate that the cause of the disruption was a transformer trip in Syncrude’s power house resulting in a rapid site wide loss of power and steam generation. As a result, all process units were brought down. There were no injuries [...]
Stock Research Monitor: VNOM, WRD, and ZN LONDON, UK / ACCESSWIRE / June 28, 2018 / If you want a free Stock Review on SU sign up now at www.wallstequities.com/registration. WallStEquities.com has initiated research coverage on Suncor Energy Inc. , Viper Energy Partners L.P. , WildHorse Resource Development Corp. , and Zion Oil & Gas Inc. . According to an article on The Motley Fool, the biggest drivers of Independent Oil [...]
Major planned turnarounds at Oil Sands and Downstream complete Growth projects exceeding expectations All financial figures are in Canadian dollars. CALGARY, Alberta, June 07, 2018 -- Suncor today announced that with the completion of major planned turnaround activities and strong production from growth projects, Q2 production to date averaged approximately 636,000 barrels per day reflecting the significant planned [...]
Suncor held its Annual General Meeting in Calgary today. A total of approximately 1.27 billion shares were represented in person or by proxy. Shareholders voted as follows on the matters before the meeting: Shareholders elected the following 10 board members, with shares represented at the meeting voting in favour of individual directors as follows: Patricia M. Bedient 99.58% Mel E. Benson 97.89% Jacynthe [...]
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 [...]
CALGARY, Alberta, May 01, 2018 -- Suncor Energy’s Board of Directors has approved a quarterly dividend of $0.36 per share on its common shares, payable June 25, 2018 to shareholders of record at the close of business on June 4, 2018. 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 [...]
CALGARY, Alberta, April 24, 2018 -- Suncor will release its first quarter financial results on Tuesday, May 1, 2018 before 8:00 p.m. MT . A webcast to review the first quarter will be held at 7:30 a.m. MT on Wednesday, May 2, 2018. Representing management will be Steve Williams, president and chief executive officer, Alister Cowan, executive vice president and chief financial officer and Mark Little, chief operating [...]
CALGARY, Alberta, March 14, 2018 -- Suncor today announced that the Syncrude maintenance turnaround originally scheduled to begin in April, will be moved up by approximately one month. On March 15, Syncrude plans to begin an eight-week turnaround, which was originally scheduled to begin in April. Advancing the turnaround will permit Syncrude to address an unrelated issue which has been constraining capacity on a line that [...]
CALGARY, Alberta, March 01, 2018 -- Suncor has filed its 2017 Annual Report, 2017 Annual Information Form and 2018 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 2017 Annual Report free of charge by calling Investor Relations at [...]
CALGARY, Alberta, Feb. 26, 2018 -- Suncor today announced it has closed the transaction to purchase a 5% interest in Syncrude from Mocal Energy. The US$730 million, or approximately Cdn$925 million, purchase price is subject to closing adjustments and is based on an effective date of Jan.1, 2018. Through this transaction Suncor's share in the Syncrude joint venture has increased from 53.74% to 58.74%. The Syncrude joint [...]
Suncor today announced it has reached an agreement to acquire Mocal Energy’s 5% interest in the Syncrude joint venture for US$730 million, or approximately Cdn$920 million, subject to closing adjustments. The transaction will be effective as of Jan.1, 2018 and is anticipated to close in the first quarter of 2018. “This transaction reflects our confidence in the long-term future of the oil sands and the high [...]
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