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Suncor Energy Inc Essay

649 Words3 Pages

Suncor Energy Incorporated is a Canadian-based energy company that primarily deals with the acquisition, exploration, development, production and marketing of crude oil and natural gas. Suncor has four main business divisions that consist of refining and marketing, oil sands, exploration and production and energy trading. Competitors and Competitive Position There are hundreds of Oil and Gas companies in Canada and Suncor is at the top. Suncor is Canada’s largest and most dominant Oil and Gas Company. Suncor has the efficiency and innovation not met by most other companies in the same field. They are always thinking of new methods to extract the oils out of the sand more efficiently. Suncor currently generates more free cash flow then all its Canadian competition combined. “Suncor is the most profitable Oil Company in Canada making over 40 billion dollars in 2013 alone. They are ranked 1 in all of Canada followed by Imperial Oil Ltd. and then Husky Energy Inc.”. () Suncor beats out all the competition through their innovative ideas getting pushed forward. Refining and Marketing This can be split up into two different categories which are Refining and Supply and Downstream Marketing. Refining and Supply …show more content…

They operate in Eastern North America and Western North America. They have refineries in Montreal, Quebec and Sarnia, Ontario. Suncor has a lubricants business in Mississauga, Ontario that blends products and prepares it to be marketed worldwide. There Western North America refineries are located in Edmonton, Alberta and Commerce City, Colorado. They also have petrochemical plants and pipelines across Canada and the U.S. Suncors refining and supply section processed about 427, 500 barrels per day of crude oil in

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