Suncor Energy Inc. is an integrated energy company. It explores for, acquires, develops, produces and markets crude oil and natural gas in Canada and internationally, and it transports and refines crude oil and market petroleum and petrochemical products primarily in Canada. It is focused on developing petroleum resource basins, which includes Canada's Athabasca oil sands. The Company also markets third-party petroleum products. It also carries on energy trading activities focused principally on marketing and trading of crude oil, natural gas, refined products and byproducts, and the use of financial derivatives. Suncor operates in business units, which include Oil Sands, Natural Gas, International and Offshore, and Refining and Marketing. During the year ended December 31, 2010, it sold of all of its United States Rockies upstream assets, sold of Blueberry and Jedney, Rosevear and Pine Creek, sold Trinidad and Tobago assets, and sold of its Wildcat Hills.
1 Big Reason to Avoid Suncor Energy Inc., and 1 Stock to Buy InsteadThe Motley Fool Canada
- Sep 29, 2014
After a wonderful run for energy companies - and their share prices - it has been a summer to forget. After peaking at $115 per barrel in June, the North Sea Brent oil price (the best proxy for international supply and demand) fell to roughly $95 last ...
Why Suncor Energy Inc. Is the Best Play on Canadian EnergyThe Motley Fool Canada
- Oct 16, 2014
Any balanced Canadian portfolio should have some exposure to this incredible growth. The question is how best to gain exposure? Suncor Energy Inc. (TSX: SU)(NYSE: SU) offers some major competitive advantages over its peers, and these advantages can ...