Director buying at Suncor Energy (SU)

Director buying at Suncor Energy (T:SU)

Brian Patrick MacDonald, a Director, acquired 3,000 Common Shares on a direct ownership basis at a price of US$31.12on May 24th, 2019. This represents a $125,541 investment into the company's shares and an account share holdings change of 60.0%.

Suncor Energy is in the Oil & Gas Refining and Marketing Sub Industry Group under the Energy Sector.

Suncor Energy Inc is a Canada-based integrated energy company. The Company is focused on developing Canada's petroleum resource basin, Athabasca oil sands. The Company operates in three business segments: Oil Sands, Exploration and Production (E&P), and Refining and Marketing. The Company's Oil Sands segment includes Oil Sands operations and Oil Sands ventures operations. Its E&P segment consists of offshore operations off the east coast of Canada and in the North Sea, and onshore assets in North America, Libya and Syria. The Company's Refining and Marketing segment is engaged in Refining and Supply, and Marketing operations. In addition, it explores for, acquires, develops, produces and markets crude oil and natural gas in Canada and internationally. It transports and refines crude oil, and markets petroleum and petrochemical products primarily in Canada. It markets third-party petroleum products. The Company also conducts energy trading activities. Suncor Energy Inc. (SU) has below median officer and director direct ownership compared to its large-cap peers in the market, based on our estimate using SEDI data. According to regulatory filings yesterday, one insider has invested a total amount of $125,541.