Suncor Energy provides a corporate update including revised 2020 capital program, operating costs and production outlook
Suncor Energy Inc. (SU)
Last suncor energy inc. earnings: 2/5 07:15 pm
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suncor.com/investor-centre
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Source: GlobeNewswire
CALGARY, Alberta, March 23, 2020 (GLOBE NEWSWIRE) -- Suncor released a corporate update today, including revised 2020 corporate guidance for capital, operating costs and production outlook, reflecting the significant decline in the crude oil price and uncertainty surrounding the economic impact of COVID-19. “The simultaneous supply and demand shocks are having a significant impact on the global oil industry. We are adjusting our spending and operational plans to be prepared in the event the current business environment persists for an extended period of time,” said Mark Little, president and chief executive officer. “Our business model and financial strategy are designed to withstand volatile environments.” Suncor’s business model is built on long life, low decline assets and capturing the full value of the barrel through integration. This model, paired with disciplined adherence to financial management and capital allocation, has consistently delivered value to shareholders
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Earnings
- 11/12/24 - Beat
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Sec Filings
- 11/13/24 - Form 6-K
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- SU's page on the SEC website