Suncor Energy Inc. · Calgary, AB Canada ·(NYSE: SU)(Toronto: SU)
Company Description
Phone: +1-403-269-8100
Fax: +1-403-269-6217
Rankings
- #217 in FT Global 500
- TSX 60
View Suncor Energy Inc. Locations On A US Map
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This link will open in a new window Suncor Energy takes a shine to the cold climes of Canada. The company explores for, processes, and markets oil and natural gas, mainly in Canada, but also in the US. It has proved reserves of 2.5 billion barrels of oil and 573 billion cu. ft. of natural gas. The first company to produce commercial crude oil from Canada's vast 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. Suncor markets gasoline in Ontario from 545 gas stations (mainly Sunoco-branded). In a major move, in 2009 the company agreed to acquire Petro-Canada in a $15 billion deal. To read the full description, subscribe now.
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Suncor Energy Inc. Executives
34 executives listed for Suncor Energy Inc.'s Calgary, AB location.
| Title | Name & Bio | Contact |
| Chairman | John Ferguson | Network |
| Vice Chairman | Ronald Brenneman | Network |
| President, CEO, and Director | Richard George | Network |
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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