Earnings
June 5, 2020 - AI
New! Atrium Mortgage Investment Corp. Q1-2020 Earnings, Price Target Update .....
June 4, 2020 - MIC
Genworth MI Canada Inc. Q1-2020 Earnings, Price Target Update .....
June 3, 2020 - FC
Firm Capital Mortgage Investment Corp. Q1-2020 Earnings, Price Target Updat .....
May 31, 2020 - TD
TD Bank - Q2-2020 Fiscal Earnings & Price Target Update .....
May 30, 2020 - CM
CIBC - Q2-2020 Earnings & Price Target Forecast .....
May 28, 2020 - BMO
Bank of Montreal - Q2-2020 Earnings, Fiscal 2020 Forecast .....
May 28, 2020 - NA
National Bank of Canada - Q2-2020 Earnings, Price Target Update .....
May 28, 2020 - BNS
Bank of Nova Scotia, Q2-2020 Earnings & Price Target Update .....
Recommendation Changes
CPX, H, QBR.B, AW.UN, SU, more...

Suncor Energy Inc. 2019 Earnings. 2020 Price Target

This is only a sample of the article, please login to view the entire article

Suncor Energy Inc. (SU) operations are comprised of oil sands production, conventional offshore oil and gas production, petroleum refining, and product marketing primarily under the Petro-Canada brand. Oil sands upstream operations located in western Canada contribute 30% of AFFO, offshore production from Newfoundland and the UK contribute 20%, refining and marketing the balance at 51%. Heavy crude oil production is from Alberta oil sands region, conventional production is split between offshore wells on the east coast of Canada the UK. There is development potential for fields in Norway, production from Libya and Syria is shut down due to political instability.

Compensation for production interruption of $264M was received for the Libyan assets in Q1-2019.

AFFO from the upstream sector is split 88% to oil sands production sold as Syncrude Sweet Blend that is priced based on WTI, the remaining 12% is heavy grade oil priced from the WCS benchmark. AFFO from offshore production is priced based on the Brent benchmark. In total AFFO oil sands production priced on WTI contributes 30%, WCS is 9%; offshore production is 13% and 48% from refining and marketing.

You must be a member to view the entire article, please subscribe or login


Login
Username
Password
New Issues & Acquisition
June 5, 2020
New! Coverage Universe - Weekly Price Change: May 29 - June 5, 2020
May 29, 2020
Coverage Universe - Weekly Price Change: May 22-29, 2020
May 22, 2020
Coverage Universe - Weekly Price Change: May 15-22, 2020
May 15, 2020
Coverage Universe - Weekly Price Change: May 8-15, 2020
May 8, 2020
Coverage Universe - Weekly Price Change: May 1-8, 2020
May 1, 2020
Coverage Universe - Weekly Price Change: Apr 24-May 1, 2020
April 24, 2020
Coverage Universe - Weekly Price Change: Apr 17-24, 2020
April 17, 2020
Coverage Universe - Weekly Price Change: Apr 10-17, 2020