Suncor Energy Incorporated operates in the Petroleum refining sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Suncor Energy Incorporated with three other
petroleum refiners in North America:
Imperial Oil Ltd
(2019
sales of 34.00 billion Canadian Dollars [US$25.53 billion]
of which 69%
was Downstream),
OMV Aktiengesellschaft
of UNITED STATES
($26.22 billion
of which 64%
was Downstream Oil), and
Conocophillips
which is
also
based in UNITED STATES
($32.43 billion
of which 48%
was Lower 48).
Sales Analysis.
Suncor Energy Incorporated reported sales of C$38.34 billion (US$28.79 billion)
for the
year ending
December of 2019.
This
represents
a
decrease of 0.5%
versus 2018, when the company's sales were C$38.54 billion.
The sales level in 2019 was fairly close to the level five years ago: in 2014, Suncor Energy Incorporated had sales
of C$39.86 billion.
Contributing to the drop in overall sales was the 6.0% decline
in Refining and Marketing, from C$23.72 billion to C$22.30 billion.
There were also decreases in sales in
Exploration and Production (down 4.6% to C$3.07 billion)
.
However, these declines were partially offset by the increase in sales of
Oil Sands (up 13.6% to C$17.43 billion)
.