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.
Suncor Energy Will Thrive On Low Cash Operating Costs (SU)Seeking Alpha
- Dec 10, 2014
Low cash operating costs ensure that the company continues to generate decent cash flows in a low oil price environment. Suncor Energy is consistently generating free cash flow, and the company has sound financial health to navigate the crisis ...
Wall Street has Bet Big on Suncor Energy Inc.: Should You?The Motley Fool Canada
- Nov 27, 2014
Despite crude prices tanking over the last 3 months, Wall Street continues to bet big on oil. One company which has attracted the attention of some of the world's most famed investors is Canadian integrated energy giant Suncor Energy Inc. (TSX: SU ...