Suncor will release its first quarter financial results on May 8, 2023 before 8:00 p.m. MT . A webcast to review the first quarter will be held on May 9, 2023 at 7:30 a.m. MT . Representing management will be Rich Kruger, President and Chief Executive Officer, Kris Smith, Suncor's incoming Chief Financial Officer and Alister Cowan, Suncor's current [...]
All financial figures are in Canadian dollars, unless noted otherwise Transaction includes the remaining 31.23% working interest in Fort Hills and 50% working interest in Surmont Adds 135,000 barrels per day of bitumen production capacity and 2.1 billion barrels of reserves Ensures sufficient long-term bitumen supply beyond Base Mine end of life to [...]
Suncor Energy: The wildlife monitoring program at our MacKay River oil sands site continues to show an incredible amount of biodiversity in the area. Roberto Torres, a Senior Environmental Advisor at Suncor's MacKay River site, loves his job- he has turned a childhood passion for nature and animals into a long career creating sustainable habitats [...]
Suncor Energy For many breastfeeding moms, finding a comfortable and clean place to pump and store breastmilk can be hard. Even harder for those who spend their workday behind the wheel of a massive haul truck at an oil sands mine, which continues to operate 24 hours a day, seven days a week, much like the role of a mother. For breastfeeding moms [...]
Suncor Energy today announced the appointment of Daniel Romasko to the company's Board of Directors. Mr. Romasko's appointment is pursuant to the cooperation agreement with Elliott Investment Management dated July 16, 2022 as amended, and is effective March 23, 2023. "I'm pleased to welcome Dan to the Suncor board," said Board Chair Michael Wilson [...]
Suncor Energy: The story of Project Mâmawi, and that of many more inspiring Indigenous People from northern Alberta to St. John's, Newfoundland and Labrador and places in between, can be found in the 2022 edition of Suncor's Pathways magazine. Our Pathways magazine is a representation of our ongoing commitment to the Journey of Reconciliation [...]
Suncor Energy today announced that the agreement dated July 16, 2022 with Elliott Investment Management L.P. , as amended, has been further amended by the agreement of the parties to extend the right for Elliott to appoint an additional director to the board of Suncor from March 17, 2023 to March 31, 2023. Suncor is Canada's leading integrated [...]
Suncor has filed its 2022 Annual Report and 2022 Annual Information Form. 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 2022 Annual Report free of charge by calling Investor Relations at [...]
All financial figures are in Canadian dollars Suncor Energy today announced that it has entered into a share purchase agreement with Equinor UK Limited for the sale of Suncor Energy UK Limited, which includes Suncor's non-operated offshore interests in the North Sea. The deal is valued at approximately C$1.2 billion excluding working capital [...]
Alister Cowan, Chief Financial Officer, to retire at the end of the year Kris Smith to become Chief Financial Officer and Executive Vice President of Corporate Development Suncor today announced that its board of directors has unanimously selected Rich Kruger to be the company's next President and Chief Executive Officer, effective April 3, 2023 [...]
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 $0.52 per share on its common shares, payable March 24, 2023 to shareholders of record at the close of business on March 3, 2023. Suncor Energy is Canada's leading integrated energy company. Suncor's operations include oil sands [...]