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Stock Market & Financial Investment News

News Breaks
July 31, 2014
05:31 EDTSUSuncor raises quarterly dividend to 28c per share from 23c per share
Suncor Energy's board has approved an increase in the company's quarterly dividend to 28c per share on its common shares, from the previous level of 23c per share. The dividend is payable September 25, to shareholders of record at the close of business on September 4.
News For SU From The Last 14 Days
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November 18, 2014
18:51 EDTSUSuncor sees FY15 CapEx $7.2B-$7.8B, FY15 avg production 540,000-585,000 BOE/d
Suncor Energy released its 2015 corporate guidance, which includes capital spending of between $7.2B-$7.8B and planned average production of 540,000-585,000 barrels of oil equivalent per day. Approximately 55% or up to $4.3B of the 2015 capital spend is expected to go towards growth projects with over $2B earmarked for the Oil Sands segment. About 45% or up to $3.5B of Suncor's 2015 capital spend is expected to be allocated towards sustaining capital investments focused on safe, reliable and efficient operations across the company's assets. Suncor also confirmed comments made in its Q3 release that total production for 2014 is anticipated to be in the low end of its annual guidance range, with Oil Sands operations production slightly below the lower end of the guidance range.

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