Suncor Energy (NYSE: SU) — Company Overview, News & Financial Data
Suncor Energy is a Canadian company focused on oil sands development and integrating renewable energy projects to reduce impact.
Suncor Energy
Suncor Energy is an integrated energy company specializing in the development of synthetic crude oil and bitumen from Canada's oil sands, petroleum refining, and retail fuel distribution. Headquartered in Calgary, Alberta, the company operates bitumen mining and in situ extraction facilities in the Athabasca oil sands region, as well as oil sands upgrading operations. Suncor owns and operates petroleum refineries in Edmonton, Sarnia, Montreal, and Commerce City, Colorado. In addition, Suncor engages in offshore oil and gas production off Eastern Canada and the North Sea, supplies petrochemicals and lubricants, and distributes transportation fuels across Canada through its Petro-Canada retail network.
Snapshot
Operations
Products and/or services of Suncor Energy
- Oil Sands Mining and Upgrading: Extraction of bitumen via open-pit mining operations in the Athabasca oil sands region, followed by bitumen upgrading into high-value synthetic crude oil and diesel feedstocks for global refining markets and pipeline networks.
- In Situ Bitumen Production: Recovery of deep bitumen deposits using steam-assisted gravity drainage and thermal technologies. The extracted heavy crude is blended with diluent or processed for downstream transport, refining, and third-party sales across North America.
- Downstream Refining: Processing of crude oil and bitumen feedstocks into gasoline, diesel, jet fuel, and asphalt at major refineries in Edmonton, Sarnia, Montreal, and Commerce City, with a combined processing capacity exceeding 500,000 barrels per day.
- Retail and Wholesale Fuel Marketing: Distribution and sales of refined petroleum products, diesel, and convenience goods across a national network of approximately 1,800 retail stations and wholesale commercial supply locations serving consumer, commercial, and industrial markets.
- Offshore Exploration and Production: Offshore petroleum exploration, development, and crude oil production operations situated off the coast of Eastern Canada and in the North Sea, contributing light crude production to international petroleum markets.
- Low-Carbon Fuels and Energy Solutions: Development and production of lower-carbon intensity transportation fuels, ethanol blending, hydrogen integration, and renewable power infrastructure to support reduced carbon emissions across energy supply chains and customer operations.
Suncor Energy executive team
- Mr. Richard M. KrugerPresident, CEO & Director
- Mr. Kent D. FergusonSenior Vice President of Strategy, Sustainability & Corporate Development
- Mr. Peter D. ZebedeeExecutive Vice President of Oil Sands
- Mr. David J. OldreiveExecutive Vice President of Downstream
- Mr. Troy LittleChief Financial Officer
- Ms. Jacqueline S. MooreGeneral Counsel & Corporate Secretary
- Mr. Adam Husain AlbeldawiChief Human Resources Officer & Senior VP of External Affairs
- Ms. Shelley PowellSenior Vice President of Operational Improvement & Support Services