Company
Suncor Energy Inc.
Headquarters: Calgary, AB, Canada
Founded: Montreal, Quebec, Canada in 1919
Employees: 16,922
CEO: Mr. Mark S. Little
Market Cap
C$58.72 Billion
CAD as of Jan. 1, 2024
US$44.32 Billion
Suncor Energy Inc. Categories
Canada Energy Oil & Gas IntegratedCanada Energy Canada Oil & Gas Integrated
Company Description
Suncor Energy is an integrated multinational energy company specializing in the production of synthetic crude from oil sands. Founded in 1919, Suncor has become the world-leading producer of bitumen, also producing, refining, and retailing conventional oil, heavy crude oil, and natural gas.
Top Competitors by Market Capitalization
Industry: Oil & Gas Integrated
| Company | Market Cap (USD) |
|---|---|
| Aramco | $2.132 T |
| ExxonMobil | $412.55 B |
| Chevron | $287.56 B |
| Shell | $213.51 B |
| PetroChina | $182.61 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Aramco | $2.132 T |
| ExxonMobil | $412.55 B |
| Chevron | $287.56 B |
| Shell | $213.51 B |
| PetroChina | $182.61 B |
Detailed Description
Suncor Energy Inc. operates as an integrated energy company. The company primarily focuses on developing petroleum resource basins in Canada's Athabasca oil sands; explores, acquires, develops, produces, transports, refines, and markets crude oil in Canada and internationally; markets petroleum and petrochemical products under the Petro-Canada name primarily in Canada. It operates through Oil Sands; Exploration and Production; Refining and Marketing; and Corporate and Eliminations segments. The Oil Sands segment recovers bitumen from mining and in situ operations, and upgrades it into refinery feedstock and diesel fuel, or blends the bitumen with diluent for direct sale to market. The Exploration and Production segment is involved in offshore operations off the east coast of Canada and in the North Sea; and operating onshore assets in Libya and Syria. The Refining and Marketing segment refines crude oil and intermediate feedstock into various petroleum and petrochemical products; and markets refined petroleum products to retail, commercial, and industrial customers through its other retail sellers. The Corporate and Eliminations segment operates four wind farms in Ontario and Western Canada. The company also markets and trades in crude oil, natural gas, byproducts, refined products, and power. The company was formerly known as Suncor Inc. and changed its name to Suncor Energy Inc. in April 1997. Suncor Energy Inc. was founded in 1917 and is headquartered in Calgary, Canada.
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Stocks & Indices
Suncor Energy Inc. has the following listings and related stock indices.
Stock: TSX: SU wb_incandescent
Stock: NYSE: SU wb_incandescent
Stock: BMV: SUUN wb_incandescent
Stock: FSX: SM3 wb_incandescent
Product & Services
Petroleum, natural gas, petrochemicals and others
Key People
Michael Wilson, (Chairman of the Board) Mark Little (CEO)
Financials
Revenue: $41.133 billion CAN (2021)
Net income: 4.119 billion CAN (2021)
Total assets: CAN$83.739 billion (2021)
Total equity: CAN $36.614 billion (2021)