Previous Close | 53.44 |
Open | 53.48 |
Bid | 54.14 x 0 |
Ask | 54.14 x 0 |
Day's Range | 52.97 - 54.32 |
52 Week Range | 37.09 - 54.32 |
Volume | |
Avg. Volume | 9,148,563 |
Market Cap | 69.692B |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | 8.55 |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | 2.18 (4.08%) |
Ex-Dividend Date | Mar 01, 2024 |
1y Target Est | N/A |
CALGARY — Suncor Energy Inc. says it is leasing and operating a number of Aframax oil tanker ships to carry crude from the recently completed Trans Mountain pipeline expansion to Pacific markets. The company says leasing and operating the tankers itself means Suncor saves on shipping costs. Dave Oldreive, Suncor's executive vice-president responsible for refining, sales and marketing, says the company expects the crude oil loaded off the Trans Mountain pipeline onto tanker ships at the Westridge
Suncor Energy (SU) delivered earnings and revenue surprises of 16.67% and 7.62%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
(Reuters) -Canada's second-largest oil producer Suncor Energy beat first-quarter profit estimates on Tuesday, boosted by strong demand for refined products and record oil sands production. The Calgary-based company said total upstream production was 835,300 barrels per day (bpd), a record for the first quarter and up 12.6% from a year earlier, while oil sands output hit an all-time high of 785,000 bpd. The production records suggest Suncor is making progress in improving safety and performance in its oil sands business after a string of fatalities and operational setbacks hurt the company's share price and unnerved investors in recent years.