Suncor Earnings

• Suncor reports earnings of $2.95B as oil prices surge

  Suncor says it earned $2.95 billion in the first quarter, up from $821 million in the same period of 2021, as the war in Ukraine and energy supply fears drove oil prices higher.

  Money

  May 9, 2022
  
• Suncor CEO says company adopting mining safety technology for first time in oilsands

  The change is among a series of efforts to improve safety at its sites, the chief executive of Suncor Energy Inc. said during a conference call to discuss fourth quarter earnings.

  Environment

  Feb 3, 2022
  
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• Suncor Energy earns $877M on increased production; doubles dividend

  Suncor Energy Inc. is doubling its dividend and restoring it to pre-pandemic levels as it continues to pay down debt and ramp up production in the wake of higher oil prices. 

  Money

  Oct 28, 2021
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• Canada’s Suncor posts Q2 profit as oil prices rebound from COVID-19 lows

  The company said its total upstream production rose to 699,700 barrels of oil equivalent per day during the second quarter from 655,500 boepd a year earlier.

  Economy

  Jul 28, 2021
• Suncor reports $821 million 1st quarter profit on higher output, stronger oil prices

  Analysts had expected Suncor to report first-quarter earnings of $232 million or 15 cents per share, according to data firm Refinitiv.

  Canada

  May 3, 2021
• Despite vow of austerity, Suncor Energy restarts carbon emission cutting projects

  Suncor joins rivals Imperial Oil Ltd. and Cenovus Energy Inc. in pledging austerity despite recent one-year highs in U.S. benchmark oil prices.

  Canada

  Feb 4, 2021
• Suncor production recovery after Fort McMurray wildfire leads to $392M net profit

  Oilsands giant Suncor Energy is reporting net third-quarter earnings of $392 million compared with a net loss of $376 million in the same period of last year.

  Canada

  Oct 26, 2016