Suncor CEO says company in good position to handle possible Trump tariffs [Globe and Mail, The (Toronto, Canada)]
Suncor Energy Inc. (SU)
Last suncor energy inc. earnings: 2/5 07:15 pm
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Source: Globe and Mail, The
PATRICK DOYLE/The Canadian Press Suncor Energy Inc.'s large Canadian refining footprint puts it in good shape should President Donald Trump follow through with the 10 per cent tariffs he has promised on Canadian energy imports, says the boss of the Calgary-based oil giant. Although those levies have been delayed 30 days, oil companies on both sides of the border are scrambling to convince U.S. officials of how detrimental tariffs would prove for industry and consumers. Tariffs on Canadian oil could well spur producers to try and maximize exports to non-U.S. markets. But the intertwined nature of the oil sectors in both countries means that the majority of Canadian exports will likely still be sold to the U.S., according to a recent Scotiabank research note. In Suncor's case, between 60 and 65 per cent of barrels stay north of the border, processed through its own refining network or shipped to customers off the coast. Chief executive Rich Kruger told analysts Thursday that g
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SU
Earnings
- 11/4/25 - Beat
SU
Sec Filings
- 12/11/25 - Form 6-K
- 11/7/25 - Form 6-K
- 11/5/25 - Form 6-K
- SU's page on the SEC website