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Suncor Energy Inc T.SU

Alternate Symbol(s):  SU

Energy Oil & Gas Integrated
Suncor Energy Inc. is a Canada-based integrated energy company. The Company's segments include Oil Sands, Exploration and Production (E&P), and Refining and Marketing. Its operations include oil sands development, production and upgrading; offshore oil production; petroleum refining in Canada and the United States; and the Company’s Petro-Canada retail and wholesale distribution networks (including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicle (EV) stations). The Company is developing petroleum resources while advancing the transition to a lower-emissions future through investments in lower-emissions intensity power, renewable feedstock fuels and projects targeting emissions intensity. The Company also conducts energy trading activities focused primarily on the marketing and trading of crude oil, natural gas, byproducts, refined products and power. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region.


TSX:SU - Post by User

Suncor Energy Inc > SU Q3 Report Before Market Opens Nov. 9
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Post by integrity11on Oct 31, 2023 12:53am
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Post# 35708597

SU Q3 Report Before Market Opens Nov. 9

SU Q3 Report Before Market Opens Nov. 9

Looking forward to upcoming Q3 reports by SU, CNQ and TOU. I had probably just missed the Q3 reporting day, but I just noticed on the SU website they are reporting after market close November 8..

I am not 100% sure, but I believe 100% of Fort Hills production will be included as the effective date of the purchase of the last  31.23% of Fort Hills is listed as April 1, 2023. If that is the case total upstream SU production would now be ~800,000 boed which is a very significant volume. 

Net Q2 earnings were $1.44 per share and adjusted earning were $0.96 per share.

I hope we see increased earning per share, increased production and maybe even a dividend increase. Unfortunately the recent drop in oil price has had a small effect on the SU share price, but I am optimistic we will see a nice spike over next few weeks.

Bedt of fortunes for all SU shareholders.


n

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