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.
3 Reasons Why Warren Buffett Is Buying Suncor Energy Inc.The Motley Fool Canada
- Mar 27, 2015
It's my favourite way to invest in the oil patch—and apparently Warren Buffett agrees with me. The company is Suncor Energy Inc. (TSX:SU)(NYSE:SU), the country's largest oil producer. Last quarter, the Oracle of Omaha bumped up his stake in the energy ...
Is Suncor Energy Inc. Really a Good Investment?The Motley Fool Canada
- Mar 6, 2015
Suncor Energy Inc. (TSX:SU)(NYSE:SU) is one of the most popular stocks in Canada, and investors could be forgiven for thinking the company is the holy grail of stock picks in the energy patch.