CFO selling at Suncor Energy (SU)

CFO selling at Suncor Energy (T:SU)

Updated Tuesday May 23, 2023 02:53 AM EDT
Kristopher Peter Smith, CFO, disposed of 230,000 Common Shares on a direct ownership basis at a price of $38.269 on May 18th, 2023. This represents a $8,801,824 divestment of the company's shares and an account share holdings change of -82.6%.

Suncor Energy is in the Integrated Oil & Gas Sub Industry Group under the Energy Sector.

Suncor Energy Inc. is a Canada-based integrated energy company. The Company's segments include Oil Sands, Exploration and Production (E&P), and Refining and Marketing. The Oil Sands segment includes the Company's owned operations in the Athabasca oil sands in Alberta to explore, develop and produce bitumen, synthetic crude oil and related products. The E&P segment includes offshore activity in East Coast Canada, with interests in the Hibernia, Terra Nova, White Rose and Hebron oilfields, the exploration and production of crude oil and natural gas at Buzzard and Golden Eagle Area Development in the United Kingdom, and exploration and production of crude oil and gas at Oda. The Refining and Supply operations segment includes refining crude oil and intermediate feedstock into a wide range of petroleum and petrochemical products. The Corporate and Eliminations segment includes the Company's investments in renewable energy projects and other 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 recent regulatory filings, one insider has divested a net amount of $8,801,824.

Headlines: May 22, 2023


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