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Suncor Energy Declares Dividend
Newsfile· 2024-08-06 20:30
All financial figures are in Canadian dollars. Calgary, Alberta--(Newsfile Corp. - August 6, 2024) - Suncor Energy's (TSX: SU) (NYSE: SU) Board of Directors has approved a quarterly dividend of $0.545 per share on its common shares, payable September 25, 2024 to shareholders of record at the close of business on September 4, 2024. Suncor Energy is Canada's leading integrated energy company. Suncor's operations include oil sands development, production and upgrading; offshore oil production; petroleum refini ...
Are Investors Undervaluing Suncor Energy (SU) Right Now?
ZACKS· 2024-07-29 14:45
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks. Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at ...
Suncor Energy to Release Second Quarter 2024 Financial Results
Newsfile· 2024-07-23 21:45
If you are an analyst and would like to participate in the Q&A period, please register here. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/217520 A webcast to review the second quarter will be held on August 7, 2024 at 7:30 a.m. MT (9:30 a.m. ET). Representing management will be Rich Kruger, President and Chief Executive Officer and Kris Smith, Chief Financial Officer. A question and answer period with analysts will follow brief remarks from management. ...
Destructive Wildfires Disrupt Canadian Oil Sands Production
ZACKS· 2024-07-19 13:10
The wildfires in Alberta, Canada, have come back with a vengeance, fueled by intense heat and dry conditions. Over the past few days, around 200 burns have been reported across the province. The situation is dire, with fire bans and severe fire threat alerts issued for areas close to oil sands production sites. In May, an uncontrollable fire neared Fort McMurray, the heart of Canada's oil sands, prompting the evacuation of 6,600 residents. By July, the situation worsened, with fires disrupting oil sands out ...
Will Suncor Energy (SU) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2024-07-18 17:15
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Suncor Energy (SU) , which belongs to the Zacks Oil and Gas - Integrated - Canadian industry. Suncor Energy has an Earnings ESP of +5.73% at the moment, suggesting that analysts have grown bullish on its near-term earnings potential. When you combine this positive Earnings ESP with the stock's Zacks Rank #1 (Strong Buy), it shows that another beat is possibly ...
Suncor (SU) Faces Allegations of Air Emission Violations
ZACKS· 2024-07-11 10:46
Alleged Violations and Regulatory Background Detailed Allegations and Environmental Concerns Potential Health and Environmental Impacts Federal and State Enforcement Process: The joint notice by the EPA and CDPHE provides SU an opportunity to discuss the specifics of the alleged violations. This dialogue is an important part of the federal- The recent allegations against SU highlight the ongoing challenges in regulating air emissions and ensuring compliance with environmental laws. The enforcement actions b ...
Competition Act Amendments Silence Canadian Businesses Taking Climate Action
Newsfile· 2024-06-20 22:03
Creating a public disclosure standard that is so vague as to lack meaning and that relies on undefined "internationally recognized methodology" opens the door for frivolous litigation, particularly by private entities who will now be empowered to directly enforce this new provision of the Competition Act. This represents a serious threat to freedom of communication. For more information about Suncor, visit our web site at suncor.com. However, our ability to remain transparent has been significantly compromi ...
Suncor Energy's Rich Kruger Urges Canada to Seize the Opportunity Its Energy Resources Provide
Newsfile· 2024-06-06 22:11
. Suncor Energy's Rich Kruger Urges Canada to Seize the Opportunity Its Energy Resources Provide 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. Rich Kruger – Opening Comments Myth #1: Oil & gas prosperity comes at the expense of the planet. This is false. Profit ...
Why Is Suncor Energy (SU) Down 3.3% Since Last Earnings Report?
ZACKS· 2024-06-06 16:35
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 (SU) Sued by Environmentalists for Air Pollution
ZACKS· 2024-06-06 13:00
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 ...