Full Description
Suncor Energy Inc. (SU.TO) (Toronto Stock Exchange)
Suncor Energy Inc. (Suncor) is an integrated energy company focused on developing Canada’s Athabasca oil sands. The Company has three operating segments: oil sands, natural gas, and refining and marketing. The Company also invests in renewable energy opportunities. Suncor is a partner in four wind power projects and operates an ethanol plant. The Company also explores for, acquires, develops, produces and markets crude oil and natural gas, transports and refines crude oil and markets petroleum and petrochemical products. The Company also markets third party petroleum products. Suncor also carries on energy trading activities focused principally on buying and selling futures contracts and other derivative instruments based on the commodities it produces. On August 1, 2009, Suncor completed its merger with Petro-Canada.
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