Suncor Energy Company Profile
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COMPANY INFORMATION |
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Company Legal Name |
Suncor Energy |
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Establishment |
1919 |
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Industry |
Oil and Gas |
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Geographical Presence |
Worldwide |
Based in Canada, Suncor Energy, Inc. operates as an integrated energy company specialized in the production of synthetic crude from oil sands. Its activities include oil sands development, and upgrading, onshore and offshore oil and gas production, petroleum refining, and product marketing.
The company organizes its business into the following divisions: Oil Sands; Exploration & Production; and Refining & Marketing. The Oil Sands segment refers to the operations in the Athabasca oil sands in Alberta to develop and produce synthetic crude oil and related products through the recovery and upgrading of bitumen from mining and in situ operations. The Exploration and Production segment includes offshore activity in East Coast Canada the exploration and production of crude oil and natural gas in the United Kingdom, Norway, Libya, and Syria, and exploration and production of natural gas and natural gas liquids in Western Canada. The Refining & Marketing segment is the refining of crude oil products and the distribution & marketing of these and other purchased products through retail stations located in Canada and the United State, as well as a lubricants plant located in Eastern Canada.
Suncor markets the company's refined products to industrial, commercial, and retail customers across Canada and Colorado. Suncor has refineries in Edmonton, Alta.; Sarnia, Ont.; Montreal, Que.; and Commerce City, Colo.
On the East Coast of Canada and internationally, Suncor explores for, develops, and produces conventional oil and natural gas – from offshore developments.
Suncor has four wind power projects in operation with a total capacity of over 100 megawatts (MW) and is currently evaluating solar energy investment opportunities.
It is also exploring offshore in the United Kingdom and Norway.
Suncor’s renewable energy business has six wind power farms with a total capacity of 287 megawatts in operation in:
- Taber, Alta.
- Magrath, Alta.
- Gull Lake, Sask.
- Strathroy, Ont.
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CURRENT DATA |
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Company Revenue (2020) |
24.66 billion CAD |
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Net Income (2020) |
-4.3 billion CAD |
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CEO of the Board |
Mark S. Little |
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Number of Employees (2020) |
12,000+ |
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Registered Address |
150-6th Avenue SW Calgary, Alberta T2P 3E3, Canada |
Products & Services:
Suncor produces oil, natural gas, wind-generated electricity, and ethanol. The specific outputs of the refining operations include bitumen blends, sweet and sour crude oil, diesel, gasoline, jet fuel, asphalt, chemicals, heavy fuel, home heating oils, petroleum coke, and sulphur.
At its network of more than 1,500 Petro-Canada retail and wholesale outlets across Canada, Suncor offers customers a wide variety of fuel and service offerings. In Colorado, Suncor operates a network of retail sites under the Shell and Phillips 66 brands. In addition, Suncor produces high-quality low sulphur diesel fuel and distributes it through a network of facilities located in most major cities and towns across Canada.
The company was founded in 1917 and is headquartered in Calgary, Canada.
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CONTACT INFORMATION |
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Phone Number |
1 403 296 8000 |
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Fax Number |
1 403 296 3030 |
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Website |
www.suncor.com |