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Suncor Energy Inc. · Calgary, AB Canada ·(NYSE: SU)(Toronto: SU)

Company Description

112 4th Ave. SW
Calgary, AB
T2P 2-V5
Canada (Map)
Phone: +1-403-269-8100
Fax: +1-403-269-6217
Rankings
  • #217 in FT Global 500
  • TSX 60
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Suncor Energy takes a shine to the cold climes of Canada. That country's largest energy company explores for, processes, and markets oil and natural gas, mainly in Canada, but also in the US. It has proved and probable reserves of 7.5 billion barrels of oil equivalent. The first company to produce commercial crude oil from Canada's oil sands, Suncor produces light crude oil, diesel fuel, and custom blends from Athabasca oil sands. Its Sunoco subsidiary refines crude oil and processes and distributes fuels, petrochemicals, and heating oils. In a major move, in 2009 the company acquired integrated oil giant Petro-Canada in a $15 billion deal. To read the full description, subscribe now.
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Key Suncor Energy Inc. Financials

Company TypePublic - NYSE: SU - Toronto: SU

Headquarters
Fiscal Year-EndDecember
2008 Sales (mil.)$24,606.8
2008 Employees6,798

Suncor Energy Inc. Executives

33 executives listed for Suncor Energy Inc.'s Calgary, AB location.
TitleName & BioContact
Christopher FooteNetwork
VP Financial Planning and Analysis and Investor RelationsJoseph ClarkeNetwork
Steven StecherNetwork

Competition

Competitive Landscape for Suncor Energy Inc.
Demand for petroleum comes mainly from auto and truck use and home heating. Profitability is determined by the efficiency of operations. Most companies are local and operate a single "bulk station" (tank farm), although the large companies may operate a dozen facilities and serve several states. Large wholesale purchasers generally can negotiate bigger price discounts from suppliers and spread the cost of bulk holding facilities over a larger number of gallons. An economic recession or dramatic price fluctuations, such as those that occurred in the first half of 2008, reduce demand for gasoline. Concerns about US dependency on foreign fuel and environmental issues also impact demand. Any decline in demand can adversely affect petroleum distributors. To read the full description, subscribe now.
Top Suncor Energy Inc. Competitors
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