Suncor Energy (SU) is a Canadian integrated energy company based in Calgary, Alberta. It specializes in production of synthetic crude from oil sands. Suncor ranks number 134 in the Forbes Global 2000 list. Until 2010, Suncor marketed products and services to retail customers in Ontario through a downstream network of 280 branded as Sunoco, and 200 customer-operated retail and diesel sites. Following the acquisition of former Crown corporation Petro-Canada, Suncor converted its Sunoco stations (which were all in Ontario) to Petro-Canada sites in order to unify all of its downstream retail operations under the Petro-Canada banner throughout Canada. It also enabled the company to discontinue paying licensing fees for the Sunoco brand to Sunoco Inc. in the United States. Nationwide, Petro-Canada's upstream product supplier and parent company is Suncor Energy. Suncor also markets through a retail network of Phillips 66-branded outlets in Colorado.
Suncor Resumes Oil-Sands Operations After Wildfire Shutdown Suncor Energy Inc. restarted oil-sands operations in the Regional Municipality of Wood Buffalo, an area in Canada that includes wildfire-ravaged Fort McMurray. It’s a move that enables thousands to return to work. Read full article here: http://bloom.bg/1RCWouQ
Upcoming dividend information: Ex-Div-Date: 11/30/16 Payment Date: 12/23/16 Dividend: $0.22 Current Price: $30.94 Annual Yield: 2.86%
