Suncor Energy is a Canadian integrated energy company that is primarily involved in the exploration, production, and processing of crude oil and natural gas. The company operates in various segments, including oil sands, conventional oil and gas, and renewable energy, allowing it to engage in the entire lifecycle of energy production. Suncor is known for its significant assets in Canada's oil sands, where it extracts bitumen and transforms it into usable crude oil. In addition to its upstream operations, Suncor also has refining and marketing capabilities, supplying petroleum products across Canada and internationally. The company is committed to sustainable energy practices and is increasingly investing in renewable energy projects as part of its broader strategy to address climate change and reduce greenhouse gas emissions. Read More
Unless otherwise noted, all financial figures are unaudited, presented in Canadian dollars (Cdn$), and derived from the company's condensed consolidated financial statements which are based on Canadian generally accepted accounting principles (GAAP), specifically International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB), and are prepared in accordance with International Accounting Standard (IAS) 34 Interim Financial Reporting. Production volumes are presented on a working-interest basis, before royalties, except for production values from the company's Libya operations, which are presented on an economic basis. Certain financial measures referred to in this news release (adjusted funds from operations, adjusted operating earnings, free funds flow, and net debt) are not prescribed by GAAP. See the Non-GAAP Financial Measures section of this news release. References to Oil Sands operations exclude Suncor Energy Inc.'s ownership of Fort Hills and interest in Syncrude.
Calgary, Alberta--(Newsfile Corp. - October 20, 2026) - Suncor Energy (TSX: SU) (NYSE: SU) will release its third quarter financial results on November 3, 2026 before 6:00 p.m. ABT (7:00 p.m. ET).
Enbridge may lack Suncor’s recent share-price momentum, but its 5.6% yield, diversified infrastructure network, and $41 billion growth backlog make it my preferred energy stock today.
Enbridge or Suncor? Here’s a look at the two Canadian energy stocks to see which dividend stock offers the better mix of income, stability, and upside.