SU Stock Recent News

Partnerships with Canadian Olympic Committee and Canadian Paralympic Committee extended for the next four Games FACE™ program has supported more than 3,500 athletes and coaches with $14 million Petro-Canada's 2024 Olympic and Paralympic Games campaign launches Calgary, Alberta--(Newsfile Corp. - July 16, 2024) - Petro-Canada, a Suncor Energy (TSX: SU) (NYSE: SU) business, is extending its longstanding partnerships with the Canadian Olympic Committee and the Canadian Paralympic Committee, which will ensure ongoing support of Canadian athletes, coaches and athletes' families for another eight years. The support continues Petro-Canada's recognition as a National Partner of the Canadian Olympic Committee and Official Partner of the Canadian Paralympic Committee.

Suncor's (SU) plants and refinery face federal and state enforcement action for alleged air quality violations, including improper benzene emissions and faulty tank inspections.

Suncor Energy Inc. offers appealing shareholder returns that continue to grow. Recent business performance shows strong profits and cash flows, with growth capital spending leading to record-high production levels. Suncor Energy's updated shareholder return framework includes an increased buyback pace and massive expected free cash flow per share growth in the coming years.

A wildfire in northern Alberta that forced Suncor Energy to shut in some oil sands production has not moved closer to any infrastructure, Alberta's wildfire agency said on Friday, although it added that crews expect another challenging day.

Suncor's (SU) Firebag facility has been shut down temporarily. The company has cut down some of its production as a precautionary measure and will restart production as soon as the situation permits.

Suncor's stock price is currently range-bound, in correlation with the oil market, trading at $30-$40/share, as oil trades in the $60-$90/barrel range. In the shorter term there is a great deal of global oil supply/demand balance uncertainty, which could cause the market to sink, or break past the upside of the range. For the longer term, Suncor is a must-own for me, due to its ample upstream reserves, and production increase potential, within a world that is seeing dwindling oil exploration results.

Calgary, Alberta--(Newsfile Corp. - June 20, 2024) - Suncor Energy (TSX: SU) (NYSE: SU), one of the largest oil sands companies in Canada, and a member of the Pathways Alliance, is steadfast in our commitment to environmental performance and operational emissions reduction. To support our commitment, we have strived to be transparent about our actions and plans, which we believe is critical to building trust and driving improvement.

Calgary, Alberta--(Newsfile Corp. - June 6, 2024) - Suncor (TSX: SU) (NYSE: SU) President and Chief Executive Officer Rich Kruger says Canada can increase its prosperity for the benefit of all Canadians while also mitigating the impacts of climate change if government and industry work together. Kruger appeared today before the House of Commons Standing Committee on Environment and Sustainable Development as part of a panel of executives from Canada's largest energy companies.

Suncor Energy (SU) reported earnings 30 days ago. What's next for the stock?

Suncor (SU) sue by environmentalists for air pollution violations under the U.S. Clean Air Act at its Commerce City refinery from 2019-23.