Suncor Energy
Suncor Energy (French: Suncor Énergie) is a Canadian integrated energy company based in Calgary, Alberta. It specializes in production of synthetic crude from oil sands. In the 2020 Forbes Global 2000, Suncor Energy was ranked as the 48th-largest public company in the world.
| Company type | Public |
|---|---|
| Industry | Oil and gas |
| Predecessor | Sun Oil Company, Great Canadian Oil Sands |
| Founded | 22 August 1979 |
| Headquarters | Calgary, Alberta, Canada |
Key people | Michael Wilson, (Chairman of the Board) |
| Products | Petroleum, natural gas, petrochemicals and others |
| Revenue | $41.133 billion CAN (2021) |
| 4.119 billion CAN (2021) | |
| Total assets | CAN$83.739 billion (2021) |
| Total equity | CAN $36.614 billion (2021) |
Number of employees | 16,922 (2021) |
| Website | suncor |
Suncor was created by Sun Oil in 1979 by the merger of its Canadian conventional and heavy oil companies, the Sun Oil Company and Great Canadian Oil Sands. Until 2010, Suncor marketed products and services to retail customers in Ontario through a downstream network of 780 company-owned, and 700 customer-operated retail and Diesel fuel sites, primarily in Ontario under the Sunoco brand (owing to Suncor having originally been established as a subsidiary of Sunoco). In 2009, Suncor acquired the former Crown corporation Petro-Canada, which replaced the Sunoco brand across its existing outlets. Suncor also markets through a retail network of Shell and ExxonMobil branded outlets in the United States.