SU
NYSE · Energy
Suncor Energy Inc
$69.41
-0.08 (-0.12%)
SU News21 articles
Ontario Gas Price Drop Forecast for Friday, But Relief May Be Short-Lived
En-Pro forecasts a 9-cent drop in Ontario gas prices Friday, but futures point to a potential rebound. Suncor (SU) and Imperial Oil (IMO) shares show little movement.
Alberta Independence Cost Estimate: Up to C$170B in First Five Years
Alberta's commissioned report estimates first five years of independence cost C$50B-C$170B, with debt soaring to 88.5% of GDP. October 19 referendum looms.
SU Group Unveils Two Deals, But Revenue Impact Remains Unclear
SU Group announced two new deals, but investors are left without revenue projections. The company plans to acquire KM Safety Solution for $721K and secure distribution rights for a portable X-ray system.
Canada's Gasoline Prices Dip 2.2 Cents, But Oil Stocks Face Bigger Tests
Canada's average gasoline price fell 2.2 cents, but investors should watch refining margins and crude prices, not just pump prices, for Suncor, Imperial, and Cenovus.
GTA Fuel Prices Split: Gasoline Drops, Diesel Surges in Market Signal
Toronto-area gasoline falls 7 cents Friday, but diesel's 9-cent jump highlights supply-chain cost pressures. The divergence is a key signal for investors watching inflation and energy stocks.
TSX Drops 1.1% as Shopify, Financials Drag; Oil Rally Not Enough
The TSX fell 1.1% to 36,123, dragged by Shopify's 7.8% plunge and financial sector weakness, even as oil prices rallied.
Trans Mountain's Asia Forecast: Tanker Routes, Not Total Exports
Trans Mountain's Asia forecast refers to tanker loadings, not total Canadian exports. The planned 300,000 b/d expansion could still ease the WCS discount.
Keystone XL Revival: Prairie Connector Faces 550K bpd Hurdle
South Bow's Prairie Connector, a scaled-down Keystone XL revival, faces political risk and 550,000 bpd capacity questions amid U.S.-Canada trade tensions.
Eaton Stock Surges 8% on Record Orders Despite Lowered GAAP Outlook
Eaton shares surged 8% after Q2 orders outpaced sales, with data center orders up 85%. Adjusted EPS guidance was raised, but GAAP forecast was lowered.
Canadian Stocks Hit New High as Tech and Mining Rally Offsets Energy Slide
The S&P/TSX Composite Index reached a new closing record of 34,830.89, up 1%, as tech and mining stocks advanced, while energy shares declined on a near 7% drop in Brent crude.
Cenovus Slides on Oil Price Drop Despite TSX Record
Cenovus Energy shares fell 4.3% on Monday as oil prices dropped on renewed hopes for a U.S.-Iran deal, while the TSX Composite hit a record high.
Suncor Energy Drops as Crude Retreats Below $100, TSX Hits Record
Suncor Energy fell 3.1% to C$90.12 as oil prices tumbled on possible U.S.-Iran talks, even as Canada's main index hit a record high.
CNQ Slips 3% as TSX Hits Record; Oil Tumbles on Iran Talks
Canadian Natural Resources shares fell 3.16% on Monday, underperforming the TSX's record run, as oil prices tumbled 5% amid U.S.-Iran negotiations. The stock closed at C$65.12.
Brent Crude Surges Past $105 on Hormuz Supply Concerns
Brent crude rose 3.2% to $105.88 on Friday as traders doubted a swift U.S.-Iran deal would restore oil flows through the Strait of Hormuz. The IEA warned of a potential supply red zone by August.
ASX 200 Dips on Bank Weakness, Budget Jitters; Miners Rally on Copper Surge
The S&P/ASX 200 fell 0.36% on Tuesday, dragged lower by banks and tech stocks ahead of the federal budget. Miners rallied as copper hit a record high, with BHP gaining 2.5%.
Cenovus Energy Reaches 52-Week Peak Amid Oil Supply Fears
Cenovus Energy shares climbed 4.6% to C$32.18, hitting a 52-week high as crude prices neared $100 a barrel. The company projects 2026 upstream output could reach 985,000 barrels of oil equivalent per day.
Cenovus Energy Reaches 52-Week Peak Amid Oil Price Surge
Cenovus Energy shares surged to a 52-week high as Brent crude oil prices topped $100 per barrel, driven by renewed Middle East conflicts. The company's significant debt and planned operational turnarounds underscore its exposure to volatile energy markets.
Suncorp Retains ARMA Amid Debt Recovery Concerns; Investor Focus Shifts to Outsourcing Oversight
Suncorp retains debt collector ARMA after admitting premature recovery action in an AAMI case, raising investor questions about outsourcing controls.
ANZ Begins Suncorp Customer Migration, Synergy Targets Under Scrutiny
ANZ has begun notifying Suncorp Bank customers about their migration to ANZ, with transfers set for 2027. The bank targets AUD 500 million in annual synergies by fiscal 2029.
Suncorp Earnings Hit by Natural Disasters, Dividend Cut
Suncorp Group reported a steep decline in half-year profit to A$263 million, impacted by A$1.3 billion in natural hazard claims. The insurer reduced its interim dividend and continues its share buyback program.
Suncorp Leads Insurance Sector Sell-Off Amid AI Disruption Fears
Suncorp shares dropped 4.24% as investor concerns over ChatGPT-powered insurance applications sparked a sector-wide decline. The sell-off comes ahead of the company's half-year results on February 18.