Officers selling at Suncor Energy (SU)

Officers selling at Suncor Energy (T:SU)

Michael Roderick MacSween, a Senior Officer, disposed of 20,000 Common Shares on a direct ownership basis at prices ranging from $39.100 to $39.182 on February 11th, 2020. This represents a $782,233 divestment of the company's shares and an account share holdings change of -100.0%.

Kristopher Peter Smith, a Senior Officer, disposed of 20,000 Common Shares on a direct ownership basis at a price of $38.690 on February 10th, 2020. This represents a $773,800 divestment of the company's shares and an account share holdings change of -60.5%.

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 is responsible for upstream oil and gas activities. The Company's Refining and Marketing segment is engaged in Refining and Supply, and Marketing operations. It transports and refines crude oil, and markets petroleum and petrochemical products primarily in Canada. It markets third-party petroleum products. In addition, the Company also operates a renewable energy business and conduct energy trading activities focused principally on the marketing and trading of crude oil, natural gas, byproducts, refined products, and power. 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, two insiders have divested a net amount of $1,556,033.