Public market insider selling at Suncor Energy (SU)

Public market insider selling at Suncor Energy (T:SU)

Shelley Powell, a Senior Officer, disposed of 52,400 Common Shares on a direct ownership basis at a price of $45.840 on February 27th, 2024. This represents a $2,402,016 divestment of the company's shares and an account share holdings change of -65.4%.

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. Its operations include oil sands development, production and upgrading, offshore oil and gas production, petroleum refining in Canada and the United States and its Petro-Canada retail and wholesale distribution networks, including Canada's Electric Highway, a coast-to-coast network of fast-charging electric vehicles (EV) stations. Petro-Canada has a network of over 1,800 retail and wholesale locations across Canada, providing customers with a wide variety of fuel and service offerings including low-carbon fuel options. It is developing petroleum resources while advancing the transition to a low-emissions future through investment in power and renewable fuels. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region, approximately 90 kilometers north of Fort McMurray.