Suncor Energy reports 2012 first quarter results
CALGARY, ALBERTA--(Marketwire - April 30, 2012) - Suncor Energy recorded first quarter 2012 net earnings of $1.457 billion ($0.93 per common share), compared to net earnings of $1.028 billion ($0.65 per common share) for the first quarter of 2011. Return on capital employed for the twelve months ended March 31, 2012 was 14.8%, reaching its highest level since the merger with Petro Canada, primarily as a result of strong, reliable production and higher average price realizations.
Suncor Energy increases dividend
CALGARY, ALBERTA--(Marketwire - April 30, 2012) - Suncor Energy's Board of Directors has approved an increase in the company's quarterly dividend to $0.13 per share on its common shares, from the previous level of $0.11 per share.
Petro-Canada's FACE program supports big dreams
MISSISSAUGA, ONTARIO--(Marketwire - April 24, 2012) - Petro-Canada is continuing its legacy of helping Canadian athletes and coaches dream big by supporting 50 athlete and coach pairings through the Fuelling Athlete and Coaching Excellence (FACE) program.
Suncor Energy consents to fine with Competition Bureau
CALGARY, ALBERTA--(Marketwire - April 13, 2012) - Suncor Energy Products Inc. (Sunoco) today consented to a fine for non-compliance under the Competition Act as a result of certain isolated business communications involving its Sunoco branded gas stations in the Belleville, Ontario area in 2007.
Suncor Energy reports unplanned maintenance on oil sands upgrader
CALGARY, ALBERTA--(Marketwire - March 13, 2012) - Suncor Energy announced today that one of its two upgraders (U2) at its oil sands facility will be taken offline for unplanned maintenance due to a U2 fractionator performance issue. The maintenance work is expected to take approximately three to five weeks to complete. Oil sands production during the maintenance period is estimated to be approximately 140,000 barrels per day (bbls/d). Suncor does not anticipate this will result in a change to its annual production guidance.
Suncor Energy to file annual disclosure documents
CALGARY, ALBERTA--(Marketwire - March 1, 2012) - Suncor Energy reports that its 2011 Annual Report, 2012 Annual Information Form and 2012 Management Proxy Circular are available on its website and will be filed with Canadian provincial securities regulatory authorities and the United States Securities and Exchange Commission today.