Suncor Energy Inc. news

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SU 34.61 -0.34 (-0.97%)
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Suncor bonds solid despite dividend hike
Suncor Energy Inc.'s dividend hike and ongoing share buyback program won't negatively impact the company's best-in-class bonds, says Matthew Kolodzie, credit analyst at RBC Capital Markets.
Suncor Energy Stock Getting Very Oversold
In trading on Monday, shares of Suncor Energy Inc. (NYSE: SU) entered into oversold territory, changing hands as low as $27.82 per share.
Majority of oil sands ownership and profits are foreign, says analysis
“Some notably Canadian oil companies, such as Suncor, Canadian Oil Sands and Husky, are predominantly owned by non-Canadians,” said the report.
Suncor share buyback deal confuses investors
Jennifer Stevenson, vice-president and portfolio manager for energy with Goodman & Co., said the arrangement makes her uncomfortable, in part because Suncor's options are relatively illiquid. “It's negotiated and it's a bit opaque,” she said, adding ...
CP strike may impact Imperial Oil
There was no immediately reply to calls and e-mails seeking comment from spokesmen for Royal Dutch Shell, which operates refineries in Alberta and Ontario; Canadian Oil Sands Ltd.
Australian recruitment war hits Canada's energy, mining sectors
Yet with major Canadian firms such as Suncor Energy Inc. and Imperial Oil Ltd. planning to nearly double domestic production over the next decade, Canada hardly has extra workers to spare.
Alberta sues oil sands firms for $100M in royalty dispute
1, Imperial Oil Resources, Nexen Oil Sands Partnership, Mocal Energy Ltd., Murphy Oil Company Ltd., Suncor Energy Oil and Gas Partnership, Sinopec Oil Sands Partnership and Syncrude Canada Ltd. Alberta Energy spokesman Bart Johnson characterized ...
Canada is world's biggest oil loser by buying high, selling low
Companies such as Bankers Petroleum Ltd., which earn money from oil produced outside Canada, may outperform domestic drillers such as Imperial Oil Ltd.
Canada's falling knives
They are also reducing their resource exposure, holding more cash when possible and focusing on core companies that have staying power such as Suncor Energy Inc. (SU/TSX) and Teck Resources Ltd. (TCK/ TSX). “The value of these companies, in our ...
Why Canada needs a flood of immigrants
Orville Giesbrecht, co-owner of Harvest Insurance, says his business has expanded to 21 employees from seven, because all the new arrivals need to insure their homes and cars - and he has made a point of catering to them by hiring employees who speak ...