Suncor Energy Inc. Common Stock (SU)
Frequently Asked Questions About Suncor Energy Inc. Common Stock (SU)
How can investors learn more about Suncor Energy?
Investors can learn more about Suncor Energy through various resources provided by the company. Suncor's official website offers extensive information on its operations, sustainability practices, financial performance, and corporate governance. Additionally, the company holds investor presentations, quarterly earnings calls, and provides access to regulatory filings, offering transparency and valuable insights for potential and current investors.
How does Suncor Energy approach renewable energy?
Suncor Energy has made significant strides in integrating renewable energy into its operations as part of its long-term strategy. The company invests in various renewable energy projects, including wind and solar energy, and develops biofuels derived from renewable sources. Suncor aims to diversify its energy portfolio, reduce its carbon footprint, and contribute to global efforts in combating climate change.
How does Suncor Energy contribute to the economy?
Suncor Energy contributes significantly to the economy through job creation, capital investments, and tax revenues. As one of Canada's largest employers in the energy sector, Suncor provides thousands of jobs, both directly and indirectly, across various regions. The company also invests in local infrastructure, services, and community development initiatives, fostering economic growth in the communities where it operates.
How does Suncor Energy engage with local communities?
Suncor Energy engages with local communities as part of its commitment to corporate social responsibility. The company focuses on building strong relationships with Indigenous communities and local stakeholders by involving them in decision-making processes, supporting local economies, and contributing to social and cultural initiatives. This engagement fosters mutual trust and ensures that community interests are considered in Suncor's operations.
How does Suncor Energy manage environmental impacts?
Suncor Energy actively manages its environmental impacts through comprehensive assessment and mitigation strategies. The company implements rigorous environmental management systems, invests in technology to reduce emissions and waste, and conducts regular monitoring and reporting on environmental performance. Suncor is committed to achieving net-zero emissions by 2050 and works on initiatives to minimize water and energy consumption.
Is Suncor Energy publicly traded?
Yes, Suncor Energy Inc. is publicly traded on the New York Stock Exchange (NYSE) under the ticker symbol 'SU'. It is also listed on the Toronto Stock Exchange (TSX). The company's shares are available for purchase by individual and institutional investors, allowing them to participate in Suncor's business and growth potential.
What are some of the recent developments at Suncor Energy?
Recent developments at Suncor Energy include strategic acquisitions, advancements in renewable energy projects, and significant improvements in operational efficiencies. The company has focused on optimizing its existing assets and investing in cleaner energy technologies, as part of its ongoing transition towards sustainable energy practices. These developments reflect Suncor's commitment to meeting current and future energy demands responsibly.
What are Suncor Energy's financial performance metrics?
Suncor Energy's financial performance metrics include revenue, net income, earnings per share (EPS), and cash flow from operations, which are closely monitored by investors and analysts. The company publishes its financial results quarterly, providing insights into its operational efficiency, profitability, and capital expenditures. Suncor also focuses on maintaining a strong balance sheet to support its growth strategies and shareholder returns.
What are Suncor Energy's major projects?
Suncor Energy has several major projects in various stages of development, with its Athabasca oil sands operations being among the most notable. Other key projects include the Fort Hills project and the Base Mine extension. These projects are designed to enhance production capacity while ensuring that environmental standards and sustainability practices are adhered to throughout the lifecycle of each project.
What are the main products of Suncor Energy?
Suncor Energy primarily produces and sells a variety of petroleum products, including crude oil, natural gas, and refined products such as gasoline, diesel, and jet fuel. In addition, Suncor is also involved in developing renewable energy sources, such as biofuels and wind energy, reflecting its commitment to diversifying its energy portfolio and reducing carbon emissions.
What does Suncor Energy Inc. do?
Suncor Energy Inc. is a Canadian integrated energy company headquartered in Calgary, Alberta. The company is primarily focused on the development of oil sands in Canada, but it also engages in refining and marketing of petroleum products. Suncor operates in several segments, including oil sands operations, conventional oil and gas production, refining, and renewable energy. Its strategic focus on responsible resource development aims to reduce environmental impact while meeting global energy demands.
What is Suncor Energy's approach to exploration and production?
Suncor Energy takes a balanced approach to exploration and production, leveraging both its extensive oil sands reserves and its conventional oil and gas holdings. The company emphasizes technology and innovation to enhance recovery rates while maintaining a strong commitment to environmental stewardship. Suncor continually evaluates new opportunities for exploration in locations that complement its existing operations.
What is Suncor's commitment to sustainability?
Suncor Energy is committed to operating sustainably and has implemented numerous initiatives aimed at reducing its environmental footprint. This includes investments in technology to improve energy efficiency, reduce greenhouse gas emissions, and increase the share of renewable energy in its portfolio. The company maintains transparency with stakeholders regarding its sustainability goals, including reducing water usage and investing in carbon capture and storage technologies.
What is Suncor's dividend policy?
Suncor Energy has a longstanding dividend policy that emphasizes returning value to shareholders while maintaining financial prudence. The company aims to provide a competitive dividend yield and has a history of regularly paying dividends. Suncor reviews its dividend strategy based on its cash flow, capital expenditures, and overall financial performance, ensuring that it maintains a sustainable and responsible payout ratio.
What is Suncor's stance on climate change?
Suncor Energy acknowledges the urgent need to address climate change and has committed to reducing its greenhouse gas emissions as part of its overall strategy. The company has set near-term and long-term goals, including achieving net-zero emissions by 2050. Suncor actively participates in global initiatives aimed at combating climate change and is investing in technologies and practices that support a sustainable energy future.
What role does technology play in Suncor's operations?
Technology plays a crucial role in Suncor Energy's operations, enabling the company to improve efficiency, optimize resource recovery, and minimize environmental impacts. Suncor invests in advanced methods such as remote sensing, big data analytics, and automated processes to enhance oil extraction and processing. Innovation in technology also underlies Suncor's initiatives in renewable energy development, further supporting its sustainability efforts.
When was Suncor Energy founded?
Suncor Energy was founded in 1919, making it one of the oldest oil companies in Canada. Originally established as the Calgary Petroleum Products Company, it underwent several name changes before becoming Suncor Energy in 1979. Over the years, Suncor has significantly evolved from its early days of refining to becoming a major player in the oil sands industry and integrated energy production.
Where is Suncor Energy located?
Suncor Energy Inc. is headquartered in Calgary, Alberta, Canada. The company operates multiple facilities and production sites across Canada, particularly in the oil sands regions of Alberta. Its extensive infrastructure includes refineries, pipelines, and retail stations that are strategically distributed to support its operations and meet customer needs.
Who are Suncor Energy's key competitors?
Suncor Energy competes with several major companies in the energy sector, including Canadian Natural Resources Limited, Cenovus Energy, Imperial Oil, and Husky Energy. Additionally, it faces competition from international oil companies and industry participants involved in exploration, production, refining, and renewable energy across various geographies.
What is the current price of Suncor Energy Inc. Common Stock?
The current price of Suncor Energy Inc. Common Stock is 36.93
When was Suncor Energy Inc. Common Stock last traded?
The last trade of Suncor Energy Inc. Common Stock was at 2:07 pm EDT on April 3rd, 2025