Suncor today advised that the co-owners of the Terra Nova Floating, Production, Storage and Offloading facility and associated Terra Nova Field have reached an agreement in principle to restructure the project ownership and provide short-term funding towards continuing the development of the Asset Life Extension Project, with the intent to move to [...]
In alignment with its Purpose to provide trusted energy that enhances people's lives while caring for each other and the earth, Suncor today will share its updated strategy focused on increasing shareholder returns and accelerating its progress in reducing GHG emissions with an objective to be net-zero by 2050. The strategy is underpinned by [...]
Suncor will host an Investor Day online at 8:00 a.m. MT on May 26, 2021. During the presentation, Suncor will share its medium-term corporate outlook, provide an update on the progress to date of its $2B of free funds flow generation as well as discuss other strategic objectives. Participants will need access to the internet for the full duration [...]
Our ATCO/Suncor decision to collaborate on this potential project follows welcome messages of support from both the Government of Canada and the Government of Alberta for emission-reduction projects and infrastructure. Such collaboration between governments and business and across sectors will be critical to progressing this project and achieving [...]
Suncor held its Annual Meeting in Calgary today. A total of approximately 1.05 billion shares were represented in person or by proxy. Shareholders voted as follows on the matters before the meeting: Shareholders elected the following eleven board members , with shares represented at the meeting voting in favour of individual directors as follows [...]
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 [...]
Suncor Energy's Board of Directors has approved a quarterly dividend of $0.21 per share on its common shares, payable June 25, 2021 to shareholders of record at the close of business on June 4, 2021. Suncor Energy is Canada's leading integrated energy company. Suncor's operations include oil sands development and upgrading, offshore oil and gas [...]
Suncor will release its first quarter financial results on May 3, 2020 before 8:00 p.m. MT . A webcast to review the first quarter will be held on May 4 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 and Svante Inc. today announced an equity financing agreement which provides Svante with the additional growth capital to accelerate the commercialization of Svante's novel second generation CO2 capture technology in North America for the decarbonization of industrial emissions and hydrogen production. Combined, Suncor and a number of family [...]
Suncor Energy Inc. remains focused on maintaining the financial health and resiliency of the company. Consistent with its debt management and reduction strategy, Suncor announces the expected repayment of short-term commercial paper with the net proceeds from the issue of the Notes , the early cancellation of the bi-lateral credit facilities that [...]
Suncor has filed its 2020 Annual Report, 2020 Annual Information Form and 2021 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 2020 Annual Report free of charge by calling [...]
Suncor today announced that Russ Girling will stand for election to the Suncor Board of Directors at the company's next Annual General Meeting to be held on May 4, 2021. "With an extensive career in the energy industry spanning 35 years, I'm pleased that Russ Girling has agreed to stand for election to Suncor's Board of Directors," said Board Chair [...]