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Suncor Energy Inc (SU.TO)

SU.TO on Toronto Stock Exchange

41.43CAD
26 Jun 2019
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Thu, May 2 2019

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Suncor boosts synthetic crude output to offset Alberta government cuts

CALGARY, Alberta Canada's Suncor Energy produced record volumes of synthetic crude oil in the first quarter, the company said on Thursday, as it sought to maximize high-value production to offset the impact of Alberta government curtailments.

Suncor boosts synthetic crude output to offset Alberta government cuts

CALGARY, Alberta, May 2 Canada's Suncor Energy produced record volumes of synthetic crude oil in the first quarter, the company said on Thursday, as it sought to maximize high-value production to offset the impact of Alberta government curtailments.

Suncor Energy first-quarter profit beats estimates on improved Canadian heavy crude pricing

Canada's Suncor Energy Inc reported a profit on Wednesday that beat analysts' estimates as the integrated oil producer reaped the benefits of improved Canadian heavy crude pricing due to Alberta's production curtailments. The government's mandated cuts that came into effect on January 1 have helped free up some pipeline space for the country's crude, sharply reducing a price discount on Canadian versus U.S. oil. Canadian heavy crude prices surged to an average $42.53 a barrel i

UPDATE 1-Suncor Energy Q1 profit beats estimates on improved Canadian heavy crude pricing

May 1 Canada's Suncor Energy Inc reported a profit on Wednesday that beat analysts' estimates as the integrated oil producer reaped the benefits of improved Canadian heavy crude pricing due to Alberta's production curtailments.

Suncor Energy Q1 profit soars 86.3 pct on improved Canadian heavy crude pricing

May 1 Suncor Energy Inc reported a 86.3 percent rise in first quarter profit on Wednesday, benefiting from improved Canadian heavy crude pricing on the back of Alberta's mandated output cuts.

Suncor CEO urges Alberta to find way out of oil curtailments

CALGARY, Alberta, April 25 The outgoing chief executive of Canada's Suncor Energy on Thursday urged the new Alberta government to find a way out of mandatory oil production curtailments that were imposed this year to help boost crude prices.

Canadian crude exports by rail uneconomic amid output cuts: Suncor executive

HOUSTON Canada's mandated oil production cuts are preventing Suncor Energy Inc, one of Canada's biggest oil producers, from sending its heavy crude to the U.S. Gulf Coast by rail, a company official said in an interview on Tuesday.

UPDATE 1-CERAWEEK-Canadian crude exports by rail uneconomic amid output cuts -Suncor exec

HOUSTON, March 12 Canada's mandated oil production cuts are preventing Suncor Energy Inc, one of Canada's biggest oil producers, from sending its heavy crude to the U.S. Gulf Coast by rail, a company official said in an interview on Tuesday.

CERAWEEK-Canadian crude by rail uneconomic amid output cuts -Suncor exec

HOUSTON, March 12 Canada's mandated oil production cuts are preventing Suncor Energy Inc, one of Canada's biggest oil producers, from sending its heavy crude to the U.S. Gulf Coast by rail, a company official said in an interview on Tuesday.

Buffett's Suncor bet to revive investor interest in Canadian energy

TORONTO Berkshire Hathaway Inc's re-investment in Suncor Energy Inc highlights the benefits of being an integrated oil company and could revive investor interest in the languishing Canadian energy sector, fund managers said.

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