Suncor Energy, Inc. is a Canadian integrated energy company founded in 1919 and headquartered in Calgary, Alberta. The company's primary purpose is to develop Canada's natural resources, particularly in the oil sands. Suncor is known for its commitment to sustainability and innovation in energy production, offering a diverse range of products including oil, natural gas, and renewable energy sources.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Suncor began issuing bonds in the early 1990s, with significant issuances occurring during its expansion into oil sands projects. In 2021, it issued $1 billion in senior unsecured notes, which garnered attention due to its competitive yield compared to industry peers. These bonds are noteworthy for their green investment designation, reflecting Suncor's focus on sustainable energy practices amidst evolving market conditions. Current yields on Suncor's bonds remain attractive, particularly to investors looking for stable income in a volatile energy market.