CALGARY, ALBERTA--(Marketwired - Feb. 8, 2017) - Unless otherwise noted, all financial figures are unaudited, presented in Canadian dollars (Cdn$), and have been prepared in accordance with International Financial Reporting Standards (IFRS), specifically International Accounting Standard (IAS) 34 Interim Financial Reporting as issued by the International Accounting Standards Board. Production volumes are presented on a [...]
Suncor Energy's Board of Directors has approved a quarterly dividend of $0.32 per share on its common shares, payable March 24, 2017 to shareholders of record at the close of business on March 3, 2017. Suncor Energy is Canada's leading integrated energy company. Suncor's operations include oil sands development and upgrading, conventional and offshore oil and gas production, petroleum refining, and product marketing under [...]
CALGARY, ALBERTA--(Marketwired - Feb. 3, 2017) - Suncor will release its fourth quarter financial results on Feb. 8, 2017 before 8:00 p.m. MT (10:00 p.m. ET). A webcast to review the fourth quarter will be held on Feb. 9 at 7:30 a.m. MT (9:30 a.m. ET). Representing management will be Steve Williams, president and chief executive officer and Alister Cowan, executive vice president and chief financial officer. A question [...]
All financial figures are in Canadian dollars CALGARY, ALBERTA--(Marketwired - Feb. 1, 2017) - Suncor Energy today announced it has closed the previously announced sale of its Petro-Canada Lubricants Inc. (PCLI) business to a subsidiary of HollyFrontier Corporation (HollyFrontier) for gross proceeds of $1.125 billion, subject to customary closing adjustments. All necessary regulatory approvals in Canada and the U.S [...]
All financial figures are in Canadian dollars CALGARY, ALBERTA--(Marketwired - Jan 23, 2017) - Editor's Note: There is a photo associated with this release. Suncor, through the Suncor Energy Foundation, today announced a $300,000 donation to Lambton College towards the purchase of industry equipment, software and simulators that support enhanced training for students enrolled in the College's Technology programs. "Over [...]
CALGARY, ALBERTA--(Marketwired - Jan. 5, 2017) - Petro-Canada, a Suncor business, today announced a redesigned Petro-Points program that is simple, easy to understand and offers increased value to its members. The Petro-Points program, which launched in 1995, has historically offered its 4.5 million active members multiple ways of earning and redeeming points. Members will continue to have the choice of how to redeem [...]
All financial figures are in Canadian dollars CALGARY, ALBERTA--(Marketwired - Dec. 5, 2016) - Suncor today reports that the Tax Court of Canada has issued a favourable Order resolving the previously disclosed dispute with the Canada Revenue Agency (CRA). The dispute was in regards to the income tax treatment of realized losses in 2007 on the settlement of certain derivative contracts. The Tax Court Order confirms the [...]
All financial figures are in Canadian dollars CALGARY, ALBERTA--(Marketwired - Nov 17, 2016) - Suncor released its 2017 corporate guidance today which includes a capital spending program of between $4.8 billion and $5.2 billion and average production of 680,000 to 720,000 barrels of oil equivalent per day (boe/d). The midpoints of these ranges represent a year over year increase to production of more than 13 per cent [...]
CALGARY, ALBERTA--(Marketwired - Nov 15, 2016) - Suncor today announced the appointment of Michael Creel to the company's board of directors. Mr. Creel's appointment is effective January 1, 2017. "I'm pleased to welcome Michael Creel to the Suncor board of directors," said Suncor board chair, Jim Simpson. "Along with deep business and financial acumen, he brings significant experience in finance, operations, and [...]
All financial figures are in Canadian dollars. CALGARY, ALBERTA--(Marketwired - Nov 14, 2016) - Suncor Energy's Board of Directors has approved a quarterly dividend of $0.29 per share on its common shares, payable Dec. 23, 2016 to shareholders of record at the close of business on Dec. 2, 2016. Suncor Energy is Canada's leading integrated energy company. Suncor's operations include oil sands development and upgrading [...]
All financial figures are in Canadian dollars CALGARY, ALBERTA--(Marketwired - Oct 31, 2016) - Suncor Energy today announced it has reached an agreement to sell its Petro-Canada Lubricants Inc. (PCLI) business to a subsidiary of HollyFrontier Corporation (HollyFrontier) for gross proceeds of $1.125 billion, subject to customary closing adjustments. The sale includes PCLI's production and manufacturing centre in [...]
CALGARY, ALBERTA--(Marketwired - Oct 26, 2016) - Unless otherwise noted, all financial figures are unaudited, presented in Canadian dollars (Cdn$), and have been prepared in accordance with International Financial Reporting Standards (IFRS), specifically International Accounting Standard (IAS) 34 Interim Financial Reporting as issued by the International Accounting Standards Board. Production volumes are presented on a [...]
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