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Suncor Energy Inc (SU.TO)

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Latest Key Developments (Source: Significant Developments)

Suncor Energy announces 2018 capital program and production outlook
Thursday, 16 Nov 2017 

Nov 15 (Reuters) - Suncor Energy Inc ::Suncor Energy announces 2018 capital program and production outlook.‍2018 corporate guidance includes a capital program of between $4.5 billion​ and $5.0 billion​.Sees 2018 ‍average upstream production of 740,000 to 780,000 barrels of oil equivalent per day (boe/d)​.Sees FY 2018 Suncor refinery throughput of 415,000 bbls/d - 435,000 bbls/d​.  Full Article

Suncor Energy announces pricing of $750 mln notes offering
Thursday, 9 Nov 2017 

Nov 8 (Reuters) - Suncor Energy Inc ::Suncor Energy announces pricing of US$750 million notes offering.Suncor Energy - ‍priced offering of $750 million in aggregate principal amount of senior unsecured notes due on November 15, 2047​.Suncor Energy Inc - ‍2047 notes will have a coupon of 4.000%​.  Full Article

Suncor Energy announces pricing of $750 mln notes offering
Thursday, 9 Nov 2017 

Nov 8 (Reuters) - Suncor Energy Inc ::Suncor Energy announces pricing of US$750 million notes offering.Suncor Energy Inc - ‍priced an offering of US$750 million in aggregate principal amount of senior unsecured notes due on November 15, 2047​.  Full Article

Suncor expects Fort Hills project to operate at 90 pct capacity by Q4 2018
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Suncor Energy : :CEO says company has made progress towards resolving commercial dispute with Fort Hills partner Total SA <<>>.Expects to be operating 190,000 bpd Fort Hills oil sands plant at 90 percent capacity by this time next year .Suncor CEO expects 2018 capital spending to be in C$4.5 billion to C$5 billion range.CEO says unit 1 upgrader at oil sands base plant will undergo major turnaround next year, maintenance also planned at Edmonton refinery.CEO says looking at using automated vehicles at Fort Hills oil sands plant to help reduce operating costs.Says once Fort Hills operating, company will sell nearly 200,000 bpd of its production to third parties.  Full Article

Suncor Energy says Q3 operating earnings of C$0.52 per common share​
Thursday, 26 Oct 2017 

Oct 25 (Reuters) - Suncor Energy Inc -​:Reports third quarter 2017 results.Syncrude achieved ‍production of 159,100 barrels per day (bbls/d) in q3 .Q3 FFO per share C$1.49.Says Suncor recorded q3 2017 operating earnings of C$0.52 per common share​.Qtrly ‍total upstream production of 739,900 boe/d in q3 of 2017, compared to 728,100 boe/d in prior year quarter​.  Full Article

Petro-Canada and RBC team up on loyalty benefits and savings​
Tuesday, 17 Oct 2017 

Oct 17 (Reuters) - Suncor Energy Inc :Petro-Canada and RBC team up on innovative loyalty benefits and savings​​.  Full Article

Syncrude cutting June production to 4.8 million bbls -sources
Thursday, 15 Jun 2017 

June 14 (Reuters) - Syncrude, majority-owned by Suncor Energy Inc :Cutting 17.24 percent of June production, from 5.8 million bbls to 4.8 million bbls -sources.  Full Article

Suncor Energy reports Q1 net earnings were $1.35 bln
Thursday, 27 Apr 2017 

April 26 (Reuters) - Suncor Energy Inc :Suncor Energy reports first quarter 2017 results.Q1 FFO per share c$1.21.Qtrly oil sands operations production of 448,500 barrels per day.Upstream production was 725,100 boe/d in Q1 of 2017, compared with 691,400 boe/d in prior year quarte.Full year outlook range for syncrude production has been updated from 150,000 - 165,000 bbls/d to 135,000 - 150,000 bbls/d.Full year outlook range for syncrude cash operating costs has been updated from $32.00 - $35.00/bbl to $36.00 - $39.00/bbl.Full year outlook range for e&p production has been updated from 95,000 - 105,000 boe/d to 110,000 - 120,000 boe/d.Qtrly operating earnings of $812 million or $0.49 per common share.Suncor's share of syncrude production was 142,100 bbls/d in Q1 of 2017, compared to 112,800 bbls/d in prior year quarter.Significant progress made on hebron and fort hills with both projects on track for first oil at end of 2017.Average refinery crude throughput increased to 429,900 bbls/d in q1, compared to 420,900 bbls/d in prior year quarter.Suncor energy - 2017 capital program will focus on bringing suncor's major growth projects, fort hills and hebron, to first oil by end of year.Full year outlook range for syncrude crown royalties has been updated from 1% - 3% to 3% - 6%.Plans to repurchase up to $2.0 billion of company's shares over next twelve months.  Full Article

Fire at Syncrude oil sands plant extinguished
Thursday, 16 Mar 2017 

Syncrude Canada : Says fire at Mildred Lake upgrader extinguished early on Thursday morning . Says work ongoing to fully isolate impacted area to allow safe entry for damage assessment and to develop repair strategy . Says rest of operations remain stable, several upgrader units shut or running at reduced rates .Says mining and extraction at Mildred Lake and Aurora facilities being paced to balance bitumen demand.  Full Article

Syncrude says 'several' upgrader units shut, minimized after fire
Thursday, 16 Mar 2017 

Syncrude Canada : Says "several" upgrader units shutdown or minimized after fire at site in Canada's Alberta . Says mining and extraction at Mildred Lake and Aurora sites "paced" to balance bitumen demand Further company coverage: [IMO.TO] (Reporting by Ethan Lou; Editing by Sandra Maler) ((Ethan.Lou@thomsonreuters.com; +1-646-223-8925;)).  Full Article