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Suncor Energy Inc (SU.TO)

SU.TO on Toronto Stock Exchange

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$0.05 (+0.12%)
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Latest Key Developments (Source: Significant Developments)

Unifor Energy Workers Sign Pattern Deal
Thursday, 16 May 2019 

May 15 (Reuters) - Unifor::UNIFOR - ACHIEVED A NEW TENTATIVE AGREEMENT THAT ESTABLISHES PATTERN FOR 8,500 MEMBERS OF NATIONAL ENERGY PROGRAM.UNIFOR - SUNCOR SELECTED BY UNIFOR AS CHOSEN EMPLOYER TO SET PATTERN TO BE ROLLED OUT TO REMAINING EMPLOYERS AFTER TENTATIVE AGREEMENT RATIFICATION.  Full Article

Suncor Energy Declares Dividend
Thursday, 2 May 2019 

May 1 (Reuters) - Suncor Energy Inc ::SUNCOR ENERGY DECLARES DIVIDEND.SUNCOR ENERGY INC - APPROVED A QUARTERLY DIVIDEND OF $0.42 PER SHARE ON ITS COMMON SHARES, PAYABLE JUNE 25, 2019.  Full Article

Berkshire Hathaway Takes Stake In Suncor Energy, Red Hat; dissolves in Oracle
Friday, 15 Feb 2019 

Feb 14 (Reuters) - Berkshire Hathaway Inc ::BERKSHIRE HATHAWAY TAKES SHARE STAKE IN SUNCOR ENERGY INC - SEC FILING.BERKSHIRE HATHAWAY DISSOLVES SHARE STAKE IN ORACLE CORP - SEC FILING.BERKSHIRE HATHAWAY UPS SHARE STAKE IN GENERAL MOTORS BY 37.8 PERCENT TO 72.3 MILLION SHARES - SEC FILING.BERKSHIRE HATHAWAY UPS SHARE STAKE IN JPMORGAN CHASE & CO BY 40.5 PERCENT TO 50.1 MILLION SHARES - SEC FILING.BERKSHIRE HATHAWAY UPS SHARE STAKE IN TRAVELERS COMPANIES INC BY 68.1 PERCENT TO 5.96 MILLION SHARES - SEC FILING.BERKSHIRE HATHAWAY UPS SHARE STAKE IN PNC FINANCIAL SERVICES GROUP INC BY 35.7 PERCENT TO 8.3 MILLION SHARES - SEC FILING.BERKSHIRE HATHAWAY TAKES SHARE STAKE IN SUNCOR ENERGY INC OF 10.8 MILLION SHARES - SEC FILING.BERKSHIRE HATHAWAY TAKES SHARE STAKE IN RED HAT INC OF 4.2 MILLION SHARES - SEC FILING.BERKSHIRE HATHAWAY INC - CHANGE IN HOLDINGS ARE AS OF DECEMBER 31, 2018 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF SEPTEMBER 30, 2018.  Full Article

Petro-Canada Says Is Building A Network Of Electric Vehicle Fast Charging Stations Across Canada
Wednesday, 13 Feb 2019 

Feb 13 (Reuters) - Suncor Energy Inc ::PETRO-CANADA SAYS IS BUILDING A NETWORK OF ELECTRIC VEHICLE (EV) FAST CHARGING STATIONS ACROSS CANADA.PETRO-CANADA SAYS OVER 50 EV STATIONS WILL BE LOCATED ALONG TRANS-CANADA HIGHWAY; CONSTRUCTION SET TO BEGIN THIS SPRING.  Full Article

Suncor Energy Reports Qtrly Net Loss Of $0.18 Per Share
Wednesday, 6 Feb 2019 

Feb 5 (Reuters) - Suncor Energy Inc ::SUNCOR ENERGY REPORTS FOURTH QUARTER 2018 RESULTS.Q4 FFO PER SHARE C$1.26.HEBRON PRODUCTION IN Q4 AVERAGED 15,700 BBLS/D, NET TO COMPANY.QTRLY OPERATING EARNINGS PER SHARE $0.36.QTRLY NET LOSS OF $0.18 PER SHARE.SAYS NO CHANGES HAVE BEEN MADE TO SUNCOR’S PREVIOUSLY ANNOUNCED 2019 GUIDANCE.SUNCOR ENERGY - QTRLY TOTAL OIL SANDS PRODUCTION ATTAINED NEW QTRLY RECORD OF 740,800 BARRELS PER DAY (BBLS/D).SUNCOR ENERGY- SPENT $1.119 BILLION ON CAPITAL EXPENDITURES, EXCLUDING CAPITALIZED INTEREST, DURING Q4, DECREASE FROM $1.444 BILLION IN THE PRIOR YEAR QUARTER.SUNCOR ENERGY - REFINING AND MARKETING DELIVERED RECORD QUARTERLY CRUDE THROUGHPUT OF 467,900 BBLS/D, WHICH REPRESENTS REFINERY UTILIZATION OF 101%.SUNCOR ENERGY-TOTAL UPSTREAM PRODUCTION AT 831,000 BARRELS OF OIL EQUIVALENT PER DAY DURING Q4 OF 2018 COMPARED TO 736,400 BOE/D PRIOR YEAR QUARTER.PRODUCTION VOLUMES AT E&P WERE 90,200 BOE/D IN Q4 OF 2018, COMPARED TO 115,200 BOE/D IN PRIOR YEAR QUARTER.SUNCOR ENERGY- SUNCOR’S SHARE OF SYNCRUDE PRODUCTION WAS 209,600 BBLS/D IN Q4 2018, COMPARED TO 174,400 BBLS/D IN THE PRIOR YEAR QUARTER.SUNCOR- DEVELOPMENT OF ODA PROJECT PROGRESSED AHEAD OF SCHEDULE, FIRST OIL NOW ANTICIPATED IN Q2 2019, AS COMPARED TO ORIGINAL TARGET OF Q3 2019.Q4 EARNINGS PER SHARE VIEW C$0.55 -- REFINITIV IBES DATA.SUNCOR ENERGY-SYNCRUDE CASH OPERATING COSTS PER BARREL AT $31.75 IN Q4 OF 2018, DECREASE FROM $32.80 PRIOR YEAR QUARTER AS RESULT OF HIGHER PRODUCTION.  Full Article

Suncor says restarting production at Terra Nova field in Canada
Sunday, 2 Dec 2018 

Dec 2 (Reuters) - Suncor Energy Inc ::SUNCOR ENERGY SAYS IT HAS BEGUN 'SLOW AND CONTROLLED PRODUCTION RESTART' AT TERRA NOVA OIL FIELD OFF CANADA'S EAST COAST.TERRA NOVA AND ITS SUBSEA INFRASTRUCTURE HAVE UNDERGONE 'SIGNIFICANT' INTERGRITY CHECKS AHEAD OF RESTART -SUNCOR ENERGY.  Full Article

Suncor Announces Resignation Of Jacynthe Côté From Board Of Directors
Thursday, 8 Nov 2018 

Nov 7 (Reuters) - Suncor Energy Inc ::SUNCOR ANNOUNCES RESIGNATION OF JACYNTHE CÔTÉ FROM BOARD OF DIRECTORS.SUNCOR ENERGY INC - CÔTÉ WILL ASSUME CHAIR POSITION OF HYDRO-QUÉBEC.  Full Article

Equinor buys Chevron's 40 pct stake in Rosebank project
Monday, 1 Oct 2018 

Oct 1 (Reuters) - Equinor Asa ::EQUINOR HAS SIGNED AN AGREEMENT TO ACQUIRE CHEVRON'S 40% OPERATED INTEREST IN ROSEBANK PROJECT.EQUINOR SAYS ONCE CONCLUDED, TRANSACTION WILL STRENGTHEN EQUINOR'S UK PORTFOLIO, WHICH INCLUDES MARINER DEVELOPMENT, ATTRACTIVE EXPLORATION OPPORTUNITIES AND THREE PRODUCING OFFSHORE WIND FARMS.OTHER PARTNERS IN FIELD ARE SUNCOR ENERGY (40%) AND SICCAR POINT ENERGY (20%).PARTIES HAVE AGREED NOT TO DISCLOSE COMMERCIAL TERMS OF AGREEMENT.TRANSACTION IS SUBJECT TO CUSTOMARY CONDITIONS, INCLUDING PARTNER AND AUTHORITY APPROVAL, WITH COMPLETION TARGETED AS SOON AS POSSIBLE.EQUINOR SAYS "WE INTEND TO LEVERAGE OUR EXPERIENCE AND COMPETENCE TO CREATE FURTHER VALUE IN ROSEBANK, IN ALIGNMENT WITH UK GOVERNMENT'S PRIORITY OF MAXIMISING ECONOMIC RECOVERY OF UKCS".  Full Article

Suncor Energy Q2 FFO Per Share C$1.75
Thursday, 26 Jul 2018 

July 25 (Reuters) - Suncor Energy Inc ::SUNCOR ENERGY REPORTS SECOND QUARTER 2018 RESULTS.Q2 FFO PER SHARE C$1.75.TOTAL UPSTREAM QUARTERLY PRODUCTION WAS 661,700 BARRELS OF OIL EQUIVALENT PER DAY (BOE/D).SUNCOR RECORDED Q2 2018 OPERATING EARNINGS OF $1.190 BILLION ($0.73 PER COMMON SHARE).OIL SANDS OPERATIONS PRODUCTION WAS 358,900 BBLS/D IN Q2 OF 2018, COMPARED TO 352,600 BBLS/D IN PRIOR YEAR QUARTER.NET EARNINGS WERE $972 MILLION ($0.60 PER COMMON SHARE) IN Q2 OF 2018.TOTAL UPSTREAM PRODUCTION WAS 661,700 BOE/D IN Q2 OF 2018, COMPARED TO 539,100 BOE/D IN PRIOR YEAR QUARTER.SUNCOR'S SHARE OF SYNCRUDE PRODUCTION WAS 117,800 BBLS/D IN Q2 OF 2018, COMPARED TO 61,000 BBLS/D IN PRIOR YEAR QUARTER.UPDATED FULL YEAR OUTLOOK RANGE FOR CAPITAL EXPENDITURES HAS BEEN INCREASED TO $5.2 - $5.5 BILLION FROM $4.5 - $5.0 BILLION.FY TOTAL PRODUCTION OUTLOOK RANGE UPDATED FROM 740,000 - 780,000 BOE/D TO 740,000 - 750,000 BOE/D.FORT HILLS PRODUCTION AVERAGED 70,900 BARRELS PER DAY (BBLS/D) (131,000 BBLS/D, GROSS) IN Q2 OF 2018.Q2 EARNINGS PER SHARE VIEW C$0.67, REVENUE VIEW C$9.21 BILLION -- THOMSON REUTERS I/B/E/S.FULL YEAR BUSINESS ENVIRONMENT OUTLOOK ASSUMPTIONS ADJUSTED FOR BRENT SULLOM VOE FROM US$67.00/BBL TO US$72.00/BBL.  Full Article

Suncor Files Preliminary Short Form Base Shelf Prospectus For Mixed Shelf Of Up To $3 Bln
Friday, 1 Jun 2018 

June 1 (Reuters) - Suncor Energy Inc ::SUNCOR ENERGY FILES PRELIMINARY SHORT FORM BASE SHELF PROSPECTUS FOR MIXED SHELF OF UP TO US$3 BILLION - SEC FILING.  Full Article

CANADA STOCKS-TSX futures rise on higher gold prices

June 4 Futures for Canada main stock index rose on Tuesday, as gold prices hit a more than three-month high amid global slowdown concerns driven by trade conflicts.