Suncor Energy is a Canadian integrated energy company that is primarily involved in the exploration, production, and processing of crude oil and natural gas. The company operates in various segments, including oil sands, conventional oil and gas, and renewable energy, allowing it to engage in the entire lifecycle of energy production. Suncor is known for its significant assets in Canada's oil sands, where it extracts bitumen and transforms it into usable crude oil. In addition to its upstream operations, Suncor also has refining and marketing capabilities, supplying petroleum products across Canada and internationally. The company is committed to sustainable energy practices and is increasingly investing in renewable energy projects as part of its broader strategy to address climate change and reduce greenhouse gas emissions. Read More
Paul Singer, Elliott Management's founder, made bold energy bets in Q1 of 2025, investing $2B each in Phillips 66 and Suncor Energy, while trimming exposure to broader market ETFs.
Activist investor Elliott Investment Management scored a victory on Monday when Institutional Shareholder Services recommended investors elect all four of Elliott's director nominees to the Phillips 66 board, bolstering the hedge fund's campaign for strategic changes at the oil refiner.
Unless otherwise noted, all financial figures are unaudited, presented in Canadian dollars (Cdn$), and derived from the company's condensed consolidated...
Unless otherwise noted, all financial figures are unaudited, presented in Canadian dollars (Cdn$), and derived from the company's condensed consolidated...
Donald Trump placing tariffs on Canada, China and Mexico could impact multiple sectors. A look at the areas where Americans could see higher prices soon.
