The Latest Breaking News from Suncor

A multi-leg trade on Wednesday for Suncor calls suggests somebody thinks oil prices might continue moving higher. The question is whether Suncor is the right energy play here.

Justices turn away appeals of lower court decisions that determined lawsuits belong in state, not federal, court

Suncor Energy (NYSE: SU) recently declared that it has entered into an agreement with the activist investment firm — Elliott Investment Management — according to which SU's board of directors will appoint three new independent directors, two of whom will serve on the CEO search committee.

ConocoPhillips (NYSE: COP) received approval from the U.K. and Norway authorities for the development and operation of the Tommeliten A field in the North Sea.

RBC Capital analyst Greg Pardy raised the price target for Suncor Energy Inc. (TSX:SU) (NYSE:SU) to C$47 from C$42 while maintaining the Sector Perform rating on the shares. The analyst states that Suncor’s Q1 results were solid while its conference call was uneventful. Pardy mentions that Suncor’s operating performance path will determine its relative market…

140bn metric tons of planet-heating gases could be unleashed if fossil fuel extraction plans get green light, analysis shows

In the waning days of 2021, a grass fire broke out in Boulder County, Colorado. Fueled by extreme drought and high winds, the fire swept through the communities of Superior and Louisville. Within hours, it had destroyed more than a thousand structures — making the Marshall fire the most destructive…