A month has gone by since the last earnings report for Suncor Energy (SU) . Shares have lost about 3.3% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Suncor Energy due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Suncor Energy Q1 Earnings & Revenues Beat Sunco ...

Suncor Energy Inc. (SU) is facing a significant legal challenge as environmental groups filed a notice to sue the company under the U.S. Clean Air Act. The lawsuit, initiated by Earthjustice, a non-profit environmental law organization, accused Suncor of more than 1,000 air pollution violations at its Commerce City, CO, refinery. This legal action aims to hold Suncor accountable for its repeated offenses and seek civil penalties to prevent future violations. Suncor, based in Calgary, Canada, had been under ...

Canadian energy major Suncor Energy (SU) has unveiled a comprehensive business update, underscoring its commitment to shareholder value through accelerated stock buybacks and strategic debt reduction. This move has bolstered investor confidence, reflected in a notable surge in the company's share price. The transformation, driven in part by activist investor Elliott Investment Management, signals a new chapter for Suncor as it aims to enhance efficiency and production. Share Buyback Boost & Debt Reduction I ...

Driving operating leverage Impact: $175M/yr cost savings SUNCOR ENERGY 7 Annual mobile maintenance spend | --- | --- | --- | --- | --- | --- | --- | --- | |-------|-------|-----------------|-------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | 2024 | | Business Update | | | | | | 1 Winning proposition Driving improvement – Upstream – Downstream – Corporate Maximizing returns Closing comments Agenda 2 3 4 Rich Kruger Chief Executive Officer 40+ years experience SUNC ...

Suncor Energy, Inc. (NYSE:SU) 2024 Business Update Call May 21, 2024 9:30 AM ET Company Participants Troy Little - VP, IR Rich Kruger - President, CEO & Director Peter Zebedee - EVP, Oil Sands Dave Oldreive - EVP, Downstream Kris Smith - CFO Shelley Powell - SVP, Operational Improvement & Support Services Conference Call Participants Dennis Fong - CIBC Capital Markets Greg Pardy - RBC Capital Markets Neil Mehta - Goldman Sachs Roger Read - Wells Fargo Securities Menno Hulshof - TD Cowen John Royall - JPMorg ...

Suncor Energy, Inc. (NYSE:SU) 2024 Business Update Call May 21, 2024 9:30 AM ET Company Participants Troy Little - VP, IR Rich Kruger - President, CEO & Director Peter Zebedee - EVP, Oil Sands Dave Oldreive - EVP, Downstream Kris Smith - CFO Shelley Powell - SVP, Operational Improvement & Support Services Conference Call Participants Dennis Fong - CIBC Capital Markets Greg Pardy - RBC Capital Markets Neil Mehta - Goldman Sachs Roger Read - Wells Fargo Securities Menno Hulshof - TD Cowen John Royall - JPMorg ...

All financial numbers in this article are in Canadian dollars unless noted otherwise. Oil and gas prices are always in US$. Introduction XtockImages Essentially, there are two reasons why Canada's role in the global energy sector is essential: Canada has a lot of reserves. In fact, as reported by the aforementioned Reuters article, it holds the world's third-largest bitumen reserves. This means producers do not need to be afraid to run out of high-quality reserves anytime soon. Most major Canadian producers ...

Company Participants Greg Pardy - RBC Capital Markets Roger Read - Wells Fargo Securities Manav Gupta - UBS Menno Hulshof - TD Cowen Patrick O'Rourke - ATB Capital Markets Dennis Fong - CIBC Capital Markets John Royall - JPMorgan Chase & Co. I would now like to hand the conference over to your speaker, Mr. Troy Little, Vice President of Investor Relations. You may begin, sir. Certain financial measures referred to in these comments are not prescribed by Canadian Generally Accepted Accounting Principles. For ...

Investor Information Disciplined investment and cost management 2 Upgrading capacity 556 mbpd FFF Q4 YTD $7.5B Strong balance sheet and industry leading cash returns1 AFFO SUNCOR ENERGY Long-life, competitively advantaged assets Deliver superior long-term shareholder value Net debt to AFFO Q4 2023 TTM 1.0x AFFO Q4 YTD $13.3B 1 See Slide Notes and Advisories $15 $0 (C$ billion) Strong balance sheet Investment grade credit rating SUNCOR ENERGY Disciplined capital allocation1 Calculating % available for share ...

Suncor Energy Inc. (NYSE:SU) Q4 2023 Earnings Conference Call February 22, 2024 9:30 AM ET Company Participants Troy Little - Vice President, Investor Relations Rich Kruger - President and Chief Executive Officer Kris Smith - Chief Financial Officer Peter Zebedee - Executive Vice President, Oil Sands Dave Oldreive - Executive Vice President, Downstream Shelley Powell - Senior Vice President, Operational Improvement & Support Services Conference Call Participants Greg Pardy - RBC Capital Markets Dennis Fong ...