Suncor will release its first quarter financial results on May 9, 2022 before 8:00 p.m. MT . A webcast to review the first quarter will be held on May 10, 2022 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 [...]
In addition to driving shareholder returns through its core business, Suncor will strengthen its focus on hydrogen and renewable fuels to accelerate progress towards its objective to be a net-zero company by 2050. Optimizing the portfolio to drive shareholder returns and continue to reduce emissions requires focus and discipline. Therefore, Suncor [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
