Suncor Energy Inc (SU) 27.69 $SU
Coverage Initiated on Select Independent Oil & Gas
ACCESSWIRE - Wed Jul 06, 8:15AM CDT
LONDON, UK / ACCESSWIRE / July 6, 2016 / Active Wall St. announces its industry coverage on the following stocks within the Oil and Gas space: Chesapeake Energy Corporation (NYSE: CHK), Energy Transfer Equity, L.P. (NYSE: ETE), Marathon Petroleum Corp. (NYSE: MPC), and Suncor Energy Inc. (NYSE: SU). Register with us now for your free membership and get more on our industry coverage at:
SU: 27.69 (-0.15), MPC: 36.44 (+0.04), CHK: 4.18 (-0.06), ETE: 15.50 (-0.08)
Murphy Oil Unit Spins Off Syncrude Assets to Suncor Energy
Zacks Equity Research - Zacks Investment Research - Fri Jun 24, 5:06PM CDT
Murphy Oil Corporation's (MUR) Canadian unit, Murphy Oil Company Ltd., has completed the sale of Syncrude Canada Ltd. to Suncor Energy Inc. (SU).
SU: 27.69 (-0.15), DVN: 37.67 (+0.09), MUR: 29.74 (-0.92), ENB: 41.58 (+0.26)
MURPHY OIL CORPORATION CLOSES SYNCRUDE DIVESTITURE
Globe Newswire - Thu Jun 23, 5:10PM CDT
EL DORADO, Arkansas, June 23, 2016 - Murphy Oil Corporation (NYSE: MUR) today announced its Canadian subsidiary, Murphy Oil Company Ltd. ("MOCL"
, closed the sale of its five percent non-operated working interest in Syncrude Canada Ltd. ("Syncrude" to Suncor Energy Inc. ("Suncor". The transaction was previously announced on April 27, 2016, with an effective date of April 1, 2016. This non-core asset divestiture will positively impact corporate liquidity by increasing net cash on the balance sheet before closing adjustments by C$937 million before-tax. As a result of this sale and recent wildfires in the Syncrude region, Murphy's second quarter production guidance will be reduced by 8,400 barrels oil equivalent per day.
SU: 27.69 (-0.15), MUR: 29.74 (-0.92)
Suncor Energy closes purchase of additional interest in Syncrude
Marketwired - Thu Jun 23, 5:01PM CDT
All financial figures are in Canadian dollars
SU: 27.69 (-0.15), SU.TO: 36.29 (+0.01), MUR: 29.74 (-0.92)
Suncor Energy Ventures Holding Corporation Announces Results of Debt Tender Offers
Marketwire Canada - Thu Jun 23, 8:25AM CDT
CALGARY, ALBERTA--(Marketwired - Jun 23, 2016) - Suncor Energy Ventures Holding Corporation (formerly Canadian Oil Sands Limited), an Alberta corporation (the "Offeror", announced today the results of its tender offers to purchase for cash any and all of its outstanding 7.75% Senior Notes due 2019 (the "2019 Notes", 7.9% Senior Notes due 2021 (the "2021 Notes", 4.500% Senior Notes due 2022 (the "2022 Notes", 8.20% Notes due 2027 (the "2027 Notes" and 6.000% Senior Notes due 2042 (the "2042 Notes" and, together with the 2019 Notes, the 2021 Notes, the 2022 Notes and the 2027 Notes, the "Notes" (the "Tender Offers". The Tender Offers have been made pursuant to the Offeror's Offer to Purchase dated June 16, 2016, the related Letter of Transmittal and the related Notice of Guaranteed Delivery (together, the "Offer Documents", which set forth in more detail the terms and conditions of the Tender Offers.
SU: 27.69 (-0.15), SU.TO: 36.29 (+0.01)
Upgrade Alert for Suncor Energy (SU)
Comtex SmarTrend(R) - Thu Jun 23, 3:26AM CDT
Suncor Energy (NYSE:SU) was upgraded from Speculative Buy to Buy at TD Securities today. The stock closed yesterday at $27.11 on volume of 3.7 million shares, below average daily volume of 3.8 million. Potential upside of 16.1% exists for Suncor Energy, based on a current level of $27.11 and analysts' average consensus price target of $31.47. The stock should find resistance at its 50-day moving average (MA) of $27.21, as well as support at its 200-day MA of $26.42.
SU: 27.69 (-0.15)
S&P Dow Jones Indices Announces Changes to the S&P/TSX Canadian Indices
CNW Group - Wed Jun 22, 4:15PM CDT
A Share Issuance from Suncor Energy Inc. (TSX:SU) - Index Weight Changes
SU: 27.69 (-0.15), SPGI: 110.26 (+1.39), SU.TO: 36.29 (+0.01)
Will Suncor Energy Buy Upstream Assets in Eastern Canada?
Zacks Equity Research - Zacks Investment Research - Wed Jun 22, 7:54AM CDT
In order to boost its offshore upstream operations Suncor Energy Inc. (SU) is now planning to acquire properties in the North Sea and eastern Canada, going by Reuters.
SU: 27.69 (-0.15), MDR: 4.90 (-0.07), BWP: 17.15 (-0.22), NADL: 5.55 (-0.22)
Suncor Energy announces closing of $2.9 billion bought-deal common share financing
Marketwire Canada - Wed Jun 22, 7:16AM CDT
Over-allotment option fully exercised
SU: 27.69 (-0.15), SU.TO: 36.29 (+0.01)
Suncor (SU) May Sell its Petro-Canada Lubricants Division
Zacks Equity Research - Zacks Investment Research - Mon Jun 20, 7:35AM CDT
According to a report recently published by Reuters, Suncor Energy Inc. (SU) has begun an auction for its lubricants business.
SU: 27.69 (-0.15), BAK: 11.18 (+0.01), MUR: 29.74 (-0.92), BAC: 13.21 (+0.04)
Suncor Energy (SU) Arm to Purchase Notes Worth C$1.5B
Zacks Equity Research - Zacks Investment Research - Fri Jun 17, 8:06AM CDT
Suncor Energy Ventures Holding Corporation, a wholly owned subsidiary of leading integrated energy player Suncor Energy Inc. (SU), declared that it has offered to purchase its notes, worth as high as C$1.5 billion.
SU: 27.69 (-0.15), BAK: 11.18 (+0.01), MDR: 4.90 (-0.07), BWP: 17.15 (-0.22)
Will the Massive Alberta Wildfire Cost Suncor (SU) C$1B?
Zacks Equity Research - Zacks Investment Research - Wed Jun 15, 9:10AM CDT
Everyone knows about the massive wildfire that hit northern Alberta in May. But the hot news is that the accident might cost Canada's premier integrated energy player Suncor Energy Inc. (SU) almost C$1 billion, as per Reuters.
SU: 27.69 (-0.15), MDR: 4.90 (-0.07), WPT: 15.91 (+0.01), PTR: 68.59 (+0.44)
Suncor Energy Announces Share Financing Worth $2.5 Billion
Zacks Equity Research - Zacks Investment Research - Wed Jun 08, 8:51AM CDT
Calgary-based Suncor Energy Inc. (SU) announced that it has signed a C$2.5 billion deal for the sale of 71.5 million shares at C$35 a share.
SU: 27.69 (-0.15), MDR: 4.90 (-0.07), MUR: 29.74 (-0.92), NADL: 5.55 (-0.22)
5 Energy Stocks for Growth as Oil Crisis Seems to be Over
Zacks Equity Research - Zacks Investment Research - Wed Jun 08, 6:55AM CDT
We believe that the time has come to choose energy stocks that have solid financials along with a chance to grow significantly in the near future banking on the crude rally.
SU: 27.69 (-0.15), BTE: 5.44 (-0.14), WPT: 15.91 (+0.01), XCO: 1.23 (-0.01), ENB: 41.58 (+0.26), TEGP: 24.24 (+0.37)
Suncor Energy announces $2.5 billion bought-deal common share financing
Marketwire Canada - Tue Jun 07, 3:24PM CDT
CALGARY, ALBERTA--(Marketwired - Jun 7, 2016) - Suncor today announced it has entered into an agreement to sell 71.5 million common shares from treasury, on a bought deal basis, at a price of $35.00 per share (the "Offering". The net proceeds of the Offering will be used for the previously announced acquisition of an additional five percent interest in the Syncrude joint venture and to reduce certain outstanding indebtedness in order to provide ongoing balance sheet flexibility, including for opportunistic growth transactions that Suncor may identify in the future.
SU: 27.69 (-0.15), SU.TO: 36.29 (+0.01)
SmarTrend Watching for Potential Pullback in Shares of Suncor Energy After 2.15% Gain
Comtex SmarTrend(R) - Tue Jun 07, 2:50PM CDT
Suncor Energy (NYSE:SU) traded in a range yesterday that spanned from a low of $28.08 to a high of $28.57. Yesterday, the shares gained 2.1%, which took the trading range above the 3-day high of $28.03 on volume of 1.9 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
SU: 27.69 (-0.15)
After Yesterday's Rally of 2.15% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Tue Jun 07, 2:48PM CDT
Suncor Energy (NYSE:SU) traded in a range yesterday that spanned from a low of $28.08 to a high of $28.57. Yesterday, the shares gained 2.1%, which took the trading range above the 3-day high of $28.03 on volume of 1.9 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
SU: 27.69 (-0.15)
Coverage Initiated on Select Independent Oil & Gas
ACCESSWIRE - Wed Jul 06, 8:15AM CDT
LONDON, UK / ACCESSWIRE / July 6, 2016 / Active Wall St. announces its industry coverage on the following stocks within the Oil and Gas space: Chesapeake Energy Corporation (NYSE: CHK), Energy Transfer Equity, L.P. (NYSE: ETE), Marathon Petroleum Corp. (NYSE: MPC), and Suncor Energy Inc. (NYSE: SU). Register with us now for your free membership and get more on our industry coverage at:
SU: 27.69 (-0.15), MPC: 36.44 (+0.04), CHK: 4.18 (-0.06), ETE: 15.50 (-0.08)
Murphy Oil Unit Spins Off Syncrude Assets to Suncor Energy
Zacks Equity Research - Zacks Investment Research - Fri Jun 24, 5:06PM CDT
Murphy Oil Corporation's (MUR) Canadian unit, Murphy Oil Company Ltd., has completed the sale of Syncrude Canada Ltd. to Suncor Energy Inc. (SU).
SU: 27.69 (-0.15), DVN: 37.67 (+0.09), MUR: 29.74 (-0.92), ENB: 41.58 (+0.26)
MURPHY OIL CORPORATION CLOSES SYNCRUDE DIVESTITURE
Globe Newswire - Thu Jun 23, 5:10PM CDT
EL DORADO, Arkansas, June 23, 2016 - Murphy Oil Corporation (NYSE: MUR) today announced its Canadian subsidiary, Murphy Oil Company Ltd. ("MOCL"
, closed the sale of its five percent non-operated working interest in Syncrude Canada Ltd. ("Syncrude" to Suncor Energy Inc. ("Suncor". The transaction was previously announced on April 27, 2016, with an effective date of April 1, 2016. This non-core asset divestiture will positively impact corporate liquidity by increasing net cash on the balance sheet before closing adjustments by C$937 million before-tax. As a result of this sale and recent wildfires in the Syncrude region, Murphy's second quarter production guidance will be reduced by 8,400 barrels oil equivalent per day. SU: 27.69 (-0.15), MUR: 29.74 (-0.92)
Suncor Energy closes purchase of additional interest in Syncrude
Marketwired - Thu Jun 23, 5:01PM CDT
All financial figures are in Canadian dollars
SU: 27.69 (-0.15), SU.TO: 36.29 (+0.01), MUR: 29.74 (-0.92)
Suncor Energy Ventures Holding Corporation Announces Results of Debt Tender Offers
Marketwire Canada - Thu Jun 23, 8:25AM CDT
CALGARY, ALBERTA--(Marketwired - Jun 23, 2016) - Suncor Energy Ventures Holding Corporation (formerly Canadian Oil Sands Limited), an Alberta corporation (the "Offeror"
, announced today the results of its tender offers to purchase for cash any and all of its outstanding 7.75% Senior Notes due 2019 (the "2019 Notes", 7.9% Senior Notes due 2021 (the "2021 Notes", 4.500% Senior Notes due 2022 (the "2022 Notes", 8.20% Notes due 2027 (the "2027 Notes" and 6.000% Senior Notes due 2042 (the "2042 Notes" and, together with the 2019 Notes, the 2021 Notes, the 2022 Notes and the 2027 Notes, the "Notes" (the "Tender Offers". The Tender Offers have been made pursuant to the Offeror's Offer to Purchase dated June 16, 2016, the related Letter of Transmittal and the related Notice of Guaranteed Delivery (together, the "Offer Documents", which set forth in more detail the terms and conditions of the Tender Offers. SU: 27.69 (-0.15), SU.TO: 36.29 (+0.01)
Upgrade Alert for Suncor Energy (SU)
Comtex SmarTrend(R) - Thu Jun 23, 3:26AM CDT
Suncor Energy (NYSE:SU) was upgraded from Speculative Buy to Buy at TD Securities today. The stock closed yesterday at $27.11 on volume of 3.7 million shares, below average daily volume of 3.8 million. Potential upside of 16.1% exists for Suncor Energy, based on a current level of $27.11 and analysts' average consensus price target of $31.47. The stock should find resistance at its 50-day moving average (MA) of $27.21, as well as support at its 200-day MA of $26.42.
SU: 27.69 (-0.15)
S&P Dow Jones Indices Announces Changes to the S&P/TSX Canadian Indices
CNW Group - Wed Jun 22, 4:15PM CDT
A Share Issuance from Suncor Energy Inc. (TSX:SU) - Index Weight Changes
SU: 27.69 (-0.15), SPGI: 110.26 (+1.39), SU.TO: 36.29 (+0.01)
Will Suncor Energy Buy Upstream Assets in Eastern Canada?
Zacks Equity Research - Zacks Investment Research - Wed Jun 22, 7:54AM CDT
In order to boost its offshore upstream operations Suncor Energy Inc. (SU) is now planning to acquire properties in the North Sea and eastern Canada, going by Reuters.
SU: 27.69 (-0.15), MDR: 4.90 (-0.07), BWP: 17.15 (-0.22), NADL: 5.55 (-0.22)
Suncor Energy announces closing of $2.9 billion bought-deal common share financing
Marketwire Canada - Wed Jun 22, 7:16AM CDT
Over-allotment option fully exercised
SU: 27.69 (-0.15), SU.TO: 36.29 (+0.01)
Suncor (SU) May Sell its Petro-Canada Lubricants Division
Zacks Equity Research - Zacks Investment Research - Mon Jun 20, 7:35AM CDT
According to a report recently published by Reuters, Suncor Energy Inc. (SU) has begun an auction for its lubricants business.
SU: 27.69 (-0.15), BAK: 11.18 (+0.01), MUR: 29.74 (-0.92), BAC: 13.21 (+0.04)
Suncor Energy (SU) Arm to Purchase Notes Worth C$1.5B
Zacks Equity Research - Zacks Investment Research - Fri Jun 17, 8:06AM CDT
Suncor Energy Ventures Holding Corporation, a wholly owned subsidiary of leading integrated energy player Suncor Energy Inc. (SU), declared that it has offered to purchase its notes, worth as high as C$1.5 billion.
SU: 27.69 (-0.15), BAK: 11.18 (+0.01), MDR: 4.90 (-0.07), BWP: 17.15 (-0.22)
Will the Massive Alberta Wildfire Cost Suncor (SU) C$1B?
Zacks Equity Research - Zacks Investment Research - Wed Jun 15, 9:10AM CDT
Everyone knows about the massive wildfire that hit northern Alberta in May. But the hot news is that the accident might cost Canada's premier integrated energy player Suncor Energy Inc. (SU) almost C$1 billion, as per Reuters.
SU: 27.69 (-0.15), MDR: 4.90 (-0.07), WPT: 15.91 (+0.01), PTR: 68.59 (+0.44)
Suncor Energy Announces Share Financing Worth $2.5 Billion
Zacks Equity Research - Zacks Investment Research - Wed Jun 08, 8:51AM CDT
Calgary-based Suncor Energy Inc. (SU) announced that it has signed a C$2.5 billion deal for the sale of 71.5 million shares at C$35 a share.
SU: 27.69 (-0.15), MDR: 4.90 (-0.07), MUR: 29.74 (-0.92), NADL: 5.55 (-0.22)
5 Energy Stocks for Growth as Oil Crisis Seems to be Over
Zacks Equity Research - Zacks Investment Research - Wed Jun 08, 6:55AM CDT
We believe that the time has come to choose energy stocks that have solid financials along with a chance to grow significantly in the near future banking on the crude rally.
SU: 27.69 (-0.15), BTE: 5.44 (-0.14), WPT: 15.91 (+0.01), XCO: 1.23 (-0.01), ENB: 41.58 (+0.26), TEGP: 24.24 (+0.37)
Suncor Energy announces $2.5 billion bought-deal common share financing
Marketwire Canada - Tue Jun 07, 3:24PM CDT
CALGARY, ALBERTA--(Marketwired - Jun 7, 2016) - Suncor today announced it has entered into an agreement to sell 71.5 million common shares from treasury, on a bought deal basis, at a price of $35.00 per share (the "Offering"
. The net proceeds of the Offering will be used for the previously announced acquisition of an additional five percent interest in the Syncrude joint venture and to reduce certain outstanding indebtedness in order to provide ongoing balance sheet flexibility, including for opportunistic growth transactions that Suncor may identify in the future. SU: 27.69 (-0.15), SU.TO: 36.29 (+0.01)
SmarTrend Watching for Potential Pullback in Shares of Suncor Energy After 2.15% Gain
Comtex SmarTrend(R) - Tue Jun 07, 2:50PM CDT
Suncor Energy (NYSE:SU) traded in a range yesterday that spanned from a low of $28.08 to a high of $28.57. Yesterday, the shares gained 2.1%, which took the trading range above the 3-day high of $28.03 on volume of 1.9 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
SU: 27.69 (-0.15)
After Yesterday's Rally of 2.15% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Tue Jun 07, 2:48PM CDT
Suncor Energy (NYSE:SU) traded in a range yesterday that spanned from a low of $28.08 to a high of $28.57. Yesterday, the shares gained 2.1%, which took the trading range above the 3-day high of $28.03 on volume of 1.9 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
SU: 27.69 (-0.15)
