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
(2020
sales of 22.28 billion Canadian Dollars [US$17.67 billion]
of which 68%
was Downstream),
Pbf Energy Inc
of UNITED STATES
($15.12 billion
of which 100%
was Refining), and
Conocophillips
which is
also
based in UNITED STATES
($18.78 billion
of which 52%
was Lower 48).
Sales Analysis.
Suncor Energy Incorporated reported sales of C$24.66 billion (US$19.56 billion)
for the
year ending
December of 2020.
This
represents
a
sharp
decrease of 35.7%
versus 2019, when the company's sales were C$38.34 billion.
Contributing to the drop in overall sales was the 42.8% decline
in Exploration and Production, from C$3.07 billion to C$1.76 billion.
There were also decreases in sales in
Refining and Marketing (down 31.5% to C$15.27 billion)
and
Oil Sands (down 39.6% to C$10.52 billion)
.