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Suncor Energy Inc (SU.TO)

SU.TO on Toronto Stock Exchange

45.21CAD
17 Nov 2017
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Latest Key Developments (Source: Significant Developments)

Suncor Energy announces 2018 capital program and production outlook
Wednesday, 15 Nov 2017 06:00pm EST 

Nov 15 (Reuters) - Suncor Energy Inc ::Suncor Energy announces 2018 capital program and production outlook.‍2018 corporate guidance includes a capital program of between $4.5 billion​ and $5.0 billion​.Sees 2018 ‍average upstream production of 740,000 to 780,000 barrels of oil equivalent per day (boe/d)​.Sees FY 2018 Suncor refinery throughput of 415,000 bbls/d - 435,000 bbls/d​.  Full Article

Suncor Energy announces pricing of $750 mln notes offering
Wednesday, 8 Nov 2017 06:00pm EST 

Nov 8 (Reuters) - Suncor Energy Inc ::Suncor Energy announces pricing of US$750 million notes offering.Suncor Energy - ‍priced offering of $750 million in aggregate principal amount of senior unsecured notes due on November 15, 2047​.Suncor Energy Inc - ‍2047 notes will have a coupon of 4.000%​.  Full Article

Suncor Energy announces pricing of $750 mln notes offering
Wednesday, 8 Nov 2017 06:00pm EST 

Nov 8 (Reuters) - Suncor Energy Inc ::Suncor Energy announces pricing of US$750 million notes offering.Suncor Energy Inc - ‍priced an offering of US$750 million in aggregate principal amount of senior unsecured notes due on November 15, 2047​.  Full Article

Suncor expects Fort Hills project to operate at 90 pct capacity by Q4 2018
Thursday, 26 Oct 2017 10:37am EDT 

Oct 26 (Reuters) - Suncor Energy : :CEO says company has made progress towards resolving commercial dispute with Fort Hills partner Total SA <<>>.Expects to be operating 190,000 bpd Fort Hills oil sands plant at 90 percent capacity by this time next year .Suncor CEO expects 2018 capital spending to be in C$4.5 billion to C$5 billion range.CEO says unit 1 upgrader at oil sands base plant will undergo major turnaround next year, maintenance also planned at Edmonton refinery.CEO says looking at using automated vehicles at Fort Hills oil sands plant to help reduce operating costs.Says once Fort Hills operating, company will sell nearly 200,000 bpd of its production to third parties.  Full Article

Suncor Energy says Q3 operating earnings of C$0.52 per common share​
Wednesday, 25 Oct 2017 08:00pm EDT 

Oct 25 (Reuters) - Suncor Energy Inc -​:Reports third quarter 2017 results.Syncrude achieved ‍production of 159,100 barrels per day (bbls/d) in q3 .Q3 FFO per share C$1.49.Says Suncor recorded q3 2017 operating earnings of C$0.52 per common share​.Qtrly ‍total upstream production of 739,900 boe/d in q3 of 2017, compared to 728,100 boe/d in prior year quarter​.  Full Article

Petro-Canada and RBC team up on loyalty benefits and savings​
Tuesday, 17 Oct 2017 06:30am EDT 

Oct 17 (Reuters) - Suncor Energy Inc :Petro-Canada and RBC team up on innovative loyalty benefits and savings​​.  Full Article

Suncor Energy in commercial dispute with Total SA over Fort Hills project
Thursday, 27 Jul 2017 10:24am EDT 

July 27 (Reuters) - Suncor Energy :Says in early stages of commercial dispute with Fort Hills project partner Total SA <<>> over project funding..Suncor does not anticipate dispute with Total will disrupt plan for Fort Hills to start producing oil by end-2017.Suncor says some spending on Fort Hills earmarked for next year will take place this year, 2018 capital budget will shrink accordingly.Suncor says 2018 capital budget will be below C$5 billion, 2019 capital spend will be around C$5 billion.Chief executive says Syncrude oil sand project's performance is "not acceptable".  Full Article

Suncor Energy reports Q2 FFO per share C$0.98
Wednesday, 26 Jul 2017 08:14pm EDT 

July 26 (Reuters) - Suncor Energy Inc :Suncor Energy reports second quarter 2017 results.Q2 FFO per share C$0.98.Qtrly refining and marketing (R&M) crude throughput improved to 435,500 bbls/d from 400,200 bbls/d in prior year quarter.Qtrly total oil sands production was 413,600 barrels per day (bbls/d) compared to 213,100 bbls/d in prior year period.Suncor Energy - Qtrly exploration and production production increased to 125,500 barrels of oil equivalent per day from 117,600 boe/d in prior quarter.Total upstream production was 539,100 boe/d in Q2 of 2017, compared with 330,700 boe/d in prior year quarter.Oil sands operations production was 352,600 bbls/d in Q2 of 2017, compared to 177,500 bbls/d in prior year quarter.Production in Q2 of 2017 was impacted by first five-year turnaround of expanded firebag central facilities.Overall production guidance for 2017 remains unchanged.Oil sands operations cash operating costs per barrel were $27.80 in Q2 of 2017, compared to $46.80 in prior year quarter.Suncor's share of syncrude production was 61,000 bbls/d in Q2 of 2017, compared to 35,600 bbls/d in prior year quarter.Syncrude cash operating costs per barrel in Q2 of 2017 were $97.80, a decrease from $113.55 in prior year quarter.Suncor Energy Inc - FY outlook range for E&P production has been updated from 110,000 - 120,000 boe/d to 115,000 - 125,000 boe/d.Full year outlook for syncrude production has been updated from 135,000 - 150,000 bbls/d to 130,000 - 145,000 bbls/d.  Full Article

Suncor Energy sets quarterly dividend of C$0.32 per share
Wednesday, 26 Jul 2017 08:00pm EDT 

July 26 (Reuters) - Suncor Energy Inc :Sets quarterly dividend of C$0.32 per share.  Full Article

Suncor Energy declares dividend
Wednesday, 26 Jul 2017 07:30pm EDT 

July 26 (Reuters) - Suncor Energy Inc :Suncor Energy declares dividend.Says has approved a quarterly dividend of $0.32 per share on its common shares, payable September 25, 2017.  Full Article