Suncor Energy: Soaring Buybacks And Dividends
Suncor Energy Inc. offers appealing shareholder returns that continue to grow. Recent business performance shows strong profits and cash flows, with growth capital spending leading to record-high production levels. Suncor Energy's updated shareholder return framework includes an increased buyback pace and massive expected free cash flow per share growth in the coming years.
Uncontrolled Alberta wildfire continues to blaze near Suncor oil sands site
A wildfire in northern Alberta that forced Suncor Energy to shut in some oil sands production has not moved closer to any infrastructure, Alberta's wildfire agency said on Friday, although it added that crews expect another challenging day.
Suncor (SU) Shuts Down Firebag Site Amid Wildfire Concerns
Suncor's (SU) Firebag facility has been shut down temporarily. The company has cut down some of its production as a precautionary measure and will restart production as soon as the situation permits.
Suncor: Long-Term Potential, But Its Stock May Be Range-Bound For A While
Suncor's stock price is currently range-bound, in correlation with the oil market, trading at $30-$40/share, as oil trades in the $60-$90/barrel range. In the shorter term there is a great deal of global oil supply/demand balance uncertainty, which could cause the market to sink, or break past the upside of the range. For the longer term, Suncor is a must-own for me, due to its ample upstream reserves, and production increase potential, within a world that is seeing dwindling oil exploration results.
Why Is Suncor Energy (SU) Down 3.3% Since Last Earnings Report?
Suncor Energy (SU) reported earnings 30 days ago. What's next for the stock?
Suncor (SU) Sued by Environmentalists for Air Pollution
Suncor (SU) sue by environmentalists for air pollution violations under the U.S. Clean Air Act at its Commerce City refinery from 2019-23.
Environmental groups to sue Canada's Suncor over Colorado refinery emissions
Environmental groups filed notice on Wednesday to sue Canadian oil producer Suncor Energy under the U.S. Clean Air Act for repeated air pollution violations at its Commerce City, Colorado, refinery.
Key Takeaways From Suncor's (SU) Business Update
Suncor Energy (SU) announced an increase in its share repurchase program to 75% of its free funds flow this quarter, with plans to escalate this to nearly 100% once net debt is reduced.
Suncor Energy, Inc. (SU) 2024 Business Update Call Transcript
Suncor Energy, Inc. (NYSE:SU ) 2024 Business Update Call May 21, 2024 9:30 AM ET Company Participants Troy Little - VP, IR Rich Kruger - President, CEO & Director Peter Zebedee - EVP, Oil Sands Dave Oldreive - EVP, Downstream Kris Smith - CFO Shelley Powell - SVP, Operational Improvement & Support Services Conference Call Participants Dennis Fong - CIBC Capital Markets Greg Pardy - RBC Capital Markets Neil Mehta - Goldman Sachs Roger Read - Wells Fargo Securities Menno Hulshof - TD Cowen John Royall - JPMorgan. Operator Good day, and welcome to the Suncor Energy 2024 Business Update Conference Call.
Dividend Growth And Buybacks - Why Suncor Remains One Of My Best Ideas In Energy
Canada's role in the global energy sector is essential due to its large reserves and low decline rates. Suncor Energy is a standout company in the sector with efficient operations, deep reserves, and impressive production growth. Shareholders can expect strong cash flow, rising dividends, and aggressive buybacks as debt levels decrease, making Suncor an attractive investment opportunity.
