Canadian oil producer Suncor well-protected against tariff threat, CEO says [Yahoo! Finance Canada]
Suncor Energy Inc. (SU)
Last suncor energy inc. earnings: 2/5 07:15 pm
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Source: Yahoo! Finance Canada
CALGARY (Reuters) - Canadian oil producer Suncor Energy is well-positioned compared to many of its competitors to weather threatened U.S. tariffs, CEO Rich Kruger said on Thursday. On a conference call with analysts, Kruger said between 60% and 65% of Calgary, Alberta-based Suncor's production stays in Canada, either to be refined or shipped off the British Columbia coast via the Trans Mountain pipeline. The integrated nature of the second-biggest Canadian oil producer's assets gives the company a "natural hedge" against tariffs, compared to other Canadian oil producers who move their crude to U.S. refineries, Kruger said. The Canadian crude industry has been bracing for U.S. President Donald Trump's planned tariffs, as most of Canada's crude
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News
- Suncor Energy Inc. (NYSE: SU) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- TFSA: 4 Canadian Stocks to Buy and Hold Forever [Yahoo! Finance Canada]Yahoo! Finance Canada
- Suncor Energy Inc. (NYSE: SU) was upgraded by analysts at Scotiabank to a "hold" rating.MarketBeat
- Suncor Energy Inc. (NYSE: SU) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Where Will Suncor Stock Be in 3 Years? [Yahoo! Finance Canada]Yahoo! Finance Canada
SU
Earnings
- 2/5/25 - Beat
SU
Sec Filings
- 3/19/25 - Form 6-K
- 2/27/25 - Form 6-K
- 2/27/25 - Form 6-K
- SU's page on the SEC website