Unless otherwise noted, all financial figures are unaudited, presented in Canadian dollars , and have been prepared in accordance with International Financial Reporting Standards, specifically International Accounting Standard 34 Interim Financial Reporting as issued by the International Accounting Standards Board. Production volumes are presented on a working-interest basis, before royalties, except for production [...]
Suncor will release its third quarter financial results on October 28, 2020 before 8:00 p.m. MT . A webcast to review the third quarter will be held on October 29 at 7:30 a.m. MT . Representing management will be Mark Little, president and chief executive officer and Alister Cowan, chief financial officer. A question and answer period with analysts will follow brief remarks from management. Trevor Bell, vice president [...]
Suncor today announced it has been re-certified at gold-level in the Progressive Aboriginal Relations program from the Canadian Council for Aboriginal Business . The award was presented at the CCAB’s virtual Business Recovery Forum, where Suncor was recognized for its continued commitment to collaboration with Indigenous Peoples in Canada. “We are committed to learn about our shared history and seek collaboration and [...]
Following the August 14 incident at its Base Plant operations, in light of identified performance improvement opportunities at its Firebag operation, and bringing on the second train of production at Fort Hills, Suncor is today providing an operational update and revised 2020 guidance. On August 16, 2020, Suncor reported it had experienced a fire at the secondary extraction facilities of its Base Plant mine. On August [...]
Suncor today provided an update on the Base Plant mining operations following an incident which occurred on August 14, 2020. At approximately 7 p.m. MT on August 14, a fire occurred in the secondary extraction area of the Base Plant mining operations impacting mined bitumen production. The fire was contained quickly and extinguished some hours later. All personnel in the immediate and surrounding areas were safely [...]
Unless otherwise noted, all financial figures are unaudited, presented in Canadian dollars , and have been prepared in accordance with International Financial Reporting Standards, specifically International Accounting Standard 34 Interim Financial Reporting as issued by the International Accounting Standards Board. Production volumes are presented on a working-interest basis, before royalties, except for Libya, which are [...]
Suncor Energy’s Board of Directors has approved a quarterly dividend of $0.21 per share on its common shares, payable Sept 25, 2020 to shareholders of record at the close of business on Sept 4, 2020. Suncor Energy is Canada's leading integrated energy company. Suncor's operations include oil sands development and upgrading, offshore oil and gas production, petroleum refining, and product marketing under the [...]
Suncor released its 2020 Report on Sustainability today. For 25 years, the company has voluntarily issued an in-depth report on its sustainability performance as part of its commitment to continually monitor, assess and share the impacts of its business. Strengthening relationships with Indigenous communities, reducing the carbon intensity of barrels produced, implementing new technologies such as autonomous haul trucks [...]
Suncor will release its second quarter financial results on July 22, 2020 before 8:00 p.m. MT . A webcast to review the second quarter will be held on July 23 at 7:30 a.m. MT . Representing management will be Mark Little, president and chief executive officer and Alister Cowan, chief financial officer. A question and answer period with analysts will follow brief remarks from management. Trevor Bell, vice president [...]
LanzaTech, a leading biotech company and carbon recycler, has successfully launched LanzaJet, Inc., a new company that will produce sustainable aviation fuel for a sector requiring climate friendly fuel options as it starts to recover from the impacts of COVID-19. With its approach to commercialization of SAF, LanzaJet is creating regional jobs while enabling global decarbonization of the aviation sector. Canada's leading [...]
In the news release, S&P Dow Jones Indices Announces Change to the S&P/TSX Canadian Dividend Aristocrats Index, issued 22-May-2020 by S&P Dow Jones Indices LLC. over CNW, we are advised by the company that the first table was missing a row, and should have "DELETED | AD | Alaris Royalty Corp." as the first row, rather than what was originally issued inadvertently. The complete, corrected release follows: S&P Dow Jones [...]
S&P Dow Jones Indices announces the following index change to the S&P/TSX Canadian Dividend Aristocrats Index as a result of the monthly dividend review. Change will be effective prior to the open of trading on Monday, June 1, 2020. S&P/TSX Canadian Dividend Aristocrats Index – June 1, 2020 Symbol COMPANY DELETED GIL Gildan Activewear Inc DELETED MX Methanex Corp DELETED SU Suncor Energy Inc. DELETED ZZZ Sleep Country [...]