Your Portal for Key Energy Information and Research

Suncor Energy Inc.

Company Summary

Description

Suncor is Canada’s premier integrated energy company, the fifth largest North American energy company and has a place on the global stage as one of the largest independent energy companies in the world.

Website

http://www.suncor.com/about-us/our-mission-vision-...

Operational Regions

  • Norwegian Sea
  • Norwegian Continental Shelf
  • Middle East
  • North Sea
  • Western Canadian Sedimentary Basin

Financial Data:

NYSE:SU from Google Finance

Tickers:

  • SU - New York Stock Exchange
  • SU - Toronto Stock Exchange

Related Entities

Recent news

  • 12/1/2020 - Suncor Planning Zero... (subscriber access)
  • 12/1/2020 - Suncor Planning Major... (subscriber access)
  • 12/1/2020 - Suncor Issues 2021... (subscriber access)
  • 12/1/2020 - Suncor Issues 2021... (subscriber access)
  • 11/24/2020 - Suncor Taking Over... (subscriber access)

Investor Presentations

  • 4Q19 Investor Presentation
  • 2Q19 Investor Presentation (subscriber access)
  • 1Q19 Investor Presentation (subscriber access)
  • 4Q18 Investor Presentation (subscriber access)
  • 3Q18 Investor Presentation (subscriber access)
  • 2Q18 Investor Presentation (subscriber access)
  • 1Q81 Investor Presentation (subscriber access)
  • Fourth Quarter 2017 Earnings Slides (subscriber access)
  • Q3 2017 Investor Presentation (subscriber access)
  • 2Q17 Investor Presentation (subscriber access)
  • 1Q17 Investor Presentation (subscriber access)
  • 4Q16 Investor Presentation (subscriber access)
  • 3Q16 Investor Presentation (subscriber access)
  • Q2 2016 Investor Presentation (subscriber access)
  • 1Q16 Investor Presentation (subscriber access)
  • 4Q15 Investor Presentation (subscriber access)

Company Transactions

Date: 5/30/2019
Type: Acquisition

DETAILS:

COST: 151 $MM

NOTES:
In 2Q19, Suncor sold its 37% interest in Canbriam Energy for total proceeds and equivalent gain of $151 million.
REGIONS:
  • Western Canadian Sedimentary Basin
  • Date: 9/30/2018
    Type: Acquisition

    DETAILS:

    COST: 83 $MM

    VOLUMES: 36.75 Percent

    NOTES:
    Suncor closed on their agreement to sell its 36.75% interest in the Joslyn Oil Sands mining project for total proceeds of $83 million at the end of 3Q18.
    REGIONS:
  • Western Canadian Sedimentary Basin
  • Date: 4/30/2018
    Type: Acquisition

    PROJECTS:
  • Fenja Development
  • DETAILS:

    COST: 54.5 $MM

    NOTES:
    Suncor reported that it has entered into a deal with Faroe Petroleum to acquire a 17.5% participating interest in the Fenja Development
    REGIONS:
  • Norwegian Sea
  • Date: 3/31/2018
    Type: Acquisition

    DETAILS:

    COST: 52 $MM

    NOTES:
    Suncor reported that they have closed on a deal with Canbriam, a private natural gas company, which consisted of the exchange of Suncor's mineral holdings in British Columbia and $52 million for a 37% interest in Canbriam.
    REGIONS:
  • Western Canadian Sedimentary Basin
  • Date: 2/27/2018
    Type: Acquisition

    ASSETS:
  • Syncrude Canada
  • DETAILS:

    COST: 730 $MM

    VOLUMES: 17.5 M Bbls/d

    NOTES:
    Suncor reported that it has agreed to acquire an additional 5% stake in the Syncrude JV oil sands project from Mocal Energy
    REGIONS:
  • Syncrude Oil Sands
  • Date: 1/4/2018
    Type: Acquisition

    NOTES:
    Suncor and Teck Resources Limited have acquired additional working interest in the Fort Hills Project from Total E&P Canada. Upon closing, Suncor's share of the project rose to 53.06% while Teck's share is now at 20.89% and Total's dropped to 26.05%.
    REGIONS:
  • Canada
  • Date: 11/27/2017
    Type: Acquisition

    NOTES:
    Suncor has closed on the sale of a 49% stake in the East Tank Farm Development to Fort McKay and Mikisew Cree First Nations for a total of $503 million. The deal was financed through the issuance of $545 million in Senior Notes due 2041.
    REGIONS:
  • Fort McMurray Region
  • Date: 11/1/2017
    Type: Acquisition

    SELLERS:
  • PetroNor
  • DETAILS:
    NOTES:
    Suncor acquired a 41% equity stake in PetroNor.
    REGIONS:
  • Canada
  • Date: 2/1/2017
    Type: Acquisition

    DETAILS:

    COST: 1.125 $B

    REGIONS:
  • Canada
  • Date: 10/6/2016
    Type: Acquisition

    SELLERS:
  • OMV AG
  • DETAILS:

    COST: 165 $MM

    VOLUMES: 113.3 MBOE/d

    NOTES:
    Suncor Energy announced plans to acquire a 30% participating interest in the U.K. North Sea Rosebank Project for a potential $165MM from OMW (U.K.) Limited.
    REGIONS:
  • North Sea
  • Date: 6/23/2016
    Type: Acquisition

    ASSETS:
  • Syncrude Canada
  • DETAILS:

    COST: 937 $MM

    VOLUMES: 17.5 MBOE/d

    NOTES:
    5% interest in Syncrude JV
    REGIONS:
  • Western Canadian Sedimentary Basin
  • Date: 3/21/2016
    Type: Acquisition

    DETAILS:

    COST: 6.6 $B

    VOLUMES: 129.5 MBOE/d

    REGIONS:
  • Athabasca Oil Sands
  • Syncrude Oil Sands