トップ > ニュース一覧 > 記事
Suncor CEO: 'If we were in a world of tariffs, I like our position'ン
Suncor CEO: 'If we were in a world of tariffs, I like our position'

In This Article:

The Suncor refinery Saturday, Feb. 25, 2023, in Commerce City, Colo. (AP Photo/David Zalubowski)
RBC says a “robust” fourth quarter capped off an “exceptional” year in 2024 for Suncor. (AP Photo/David Zalubowski) · ASSOCIATED PRESS

Suncor Energy (SU.TO)(SU) CEO Rich Kruger says his company is better prepared than its Canadian oil and gas rivals to withstand a trade war with the United States, echoing recent comments from Bay Street analysts.

The Calgary-based company reported fourth-quarter and full-year 2024 financial results after markets closed on Wednesday. While net income for the three months ended Dec. 31 fell more than 70 per cent year-over-year, the results topped analysts' profit estimates.

Greg Pardy from RBC Capital Markets says a “robust” fourth quarter capped off an “exceptional” year in 2024 for Suncor. Toronto-listed shares closed less than one per cent lower on Thursday, after gaining as much as two per cent at the start of the trading session.

Suncor’s CEO was asked about the risk of U.S. President Donald Trump imposing tariffs on imported Canadian energy products. Earlier this week, Trump agreed to a month-long pause, after Canadian officials agreed to toughen measures against illegal migration and drug trafficking at Canada’s southern border.

“If we were in a world of tariffs, I like our position relative to our peer group,” Kruger told analysts on a conference call Thursday morning.

Scotiabank estimates the previously proposed 10 per cent tariff on Canadian oil would work out to about US$5.60 per barrel.

“Sixty to 65 per cent of our barrels stay north of the border, and they either go through our refining network, other refineries of customers, and/or off the coast. That’s a high fraction,” Kruger said.

“We have a large Canadian refining footprint, and I believe among our peers, we have more capacity to get crude off of either coast.”

Jeff Lagerquist is a senior reporter at Yahoo Finance Canada. Follow him on Twitter @jefflagerquist.

Download the Yahoo Finance app, available for Apple and Android.

続きを読む

Advertisement

Advertisement

あなたにおすすめ
Trump's tariffs on Canadian steel, aluminum now in place
Trump's tariffs on Canadian steel, aluminum now in place
WASHINGTON — The latest move in U.S. President Donald Trump's plan to realign global trade came into force Wednesday as all countries, including Canada, were hit with 25 per cent tariffs on steel and aluminum imports into the United States.
Jay-Z Claims Now Dismissed Rape Case Cost Him $20M In Lost Income; Was Timed To Embarrass Daughter Blue Ivy At ‘Mufasa’ Premiere
Jay-Z Claims Now Dismissed Rape Case Cost Him $20M In Lost Income; Was Timed To Embarrass Daughter Blue Ivy At ‘Mufasa’ Premiere
The lawsuit accusing Jay-Z and Sean “Diddy” Combs of repeatedly raping a minor in 2000 after the MTV VMAs was dismissed on Valentine’s Day, but the bitter relationship between the Jay-Z and attorney Tony Buzbee rages on.
Jury has recommendations for WorkSafeNB at inquest into death of Fredericton carpenter
Jury has recommendations for WorkSafeNB at inquest into death of Fredericton carpenter
The inquest into the death of a Red Seal carpenter at a Fredericton building site wrapped up on Tuesday with a number of recommendations, all aimed at more oversight from WorkSafeNB.

Advertisement

Advertisement

OpenAI weighs special voting rights to guard against hostile takeovers, FT reports
OpenAI weighs special voting rights to guard against hostile takeovers, FT reports
(Reuters) -OpenAI is considering granting special voting rights to its non-profit board to preserve the power of its directors, as the ChatGPT-maker fends off an unsolicited takeover bid from Elon Musk, Financial Times reported on Tuesday.
Loretta Devine Says She Had a 'Mixed' Experience Working with Jennifer Love Hewitt on“ The Client List” (Exclusive)
Loretta Devine Says She Had a 'Mixed' Experience Working with Jennifer Love Hewitt on“ The Client List” (Exclusive)
Michael Desmond/A&E
Jill Saulnier Adjusts Wicked Fast To Her New City
Jill Saulnier Adjusts Wicked Fast To Her New City
Jill Saulnier was traded to the Boston Fleet on January 21st from the New York Sirens in exchange for Taylor Girard.

Advertisement

アクセスランキング
Selena Gomez and Benny Blanco taking wedding planning 'one day at a time'
Selena Gomez and Benny Blanco are taking "one day at a time" with their wedding planning. The newly-engaged lovebirds aren't rushing into their big day, and 37-year-old musician joked his bride-to-be, 32, is constantly coming up with a whole new idea. He told Rolling Stone magazine in a joint interview: “I think every day she’s planned a new wedding in her head. “We’re very much ‘take it one day at a time’ type of people. We’re still not over this moment. "Literally, while you were talking, she was sitting there staring at her ring.” The 'Only Murders In The Building' actress pointed out that for now, they're focused on the upcoming release of their collaborative album 'I Said I Love You First'. She added: “Also, I genuinely feel like this is such a special time that we get to apply it to this album and really just pour our heart into it, and completely translate what we feel and bring it to the world. "That’s my main focus right now, at least.” In December last year, Selena revealed Benny had proposed using an oval-shaped ring with a large diamond. He popped the question during a picnic which featured Taco Bell, but he insisted there wasn't an "elaborate" meaning behind the fast food involvement, He explained: “There’s not this whole elaborate thing. I think we’re very lucky to be surrounded by such great people, and we’ve still just been enjoying so much. “It feels like we got engaged yesterday, but also feels like we got engaged 20 years ago. I’ve known her since she was 18, and so it’s like we got all that stuff out of the way. "By the time we’re dating, it’s like, whoa. My biggest regret is that we didn’t get to do this earlier, like we waited this long to be together. But I know it was perfect and it was right.”
Selena Gomez and Benny Blanco taking wedding planning 'one day at a time'
Ottawa Senators Defeat Philadelphia Flyers 5-2 in Gritty Road Win
The Ottawa Senators got a grand total of two shots in the third period on Tuesday night and scored on both of them to defeat the Philadelphia Flyers 5-2 at Wells Fargo Center.
Ottawa Senators Defeat Philadelphia Flyers 5-2 in Gritty Road Win
People Are Blaming Cheap Shampoo For Causing Male Pattern Baldness
It’s a running joke (and arguably a pretty tired one, at this point) that men don’t know how to take care of themselves. Across the internet, you’ll find loads of videos of young women trying to teach their boyfriends the basics of skin care. Commonly, the men have never heard of moisturizer; some don’t even know to wash their faces. Personal care brands famously sell those 3-in-1 (or 4, or 5…) combo products that combine shampoo, conditioner and body wash — presumably because when you’re a man, you don’t have time to use three different products to serve three discrete purposes, I guess. Never mind that shampoo and conditioner aren’t even meant to go on the same parts of your hair. 
People Are Blaming Cheap Shampoo For Causing Male Pattern Baldness
‘Mother’s Baby’ Review: A Paranoid Postpartum Thriller That Very Nearly Delivers
Johanna Moder’s latest — the thrilling, paranoid, bleakly comedic “Mother’s Baby” — is crafted with masterful tonal control for much of its runtime. It comes achingly close to sticking the landing, undone only in its final minutes by a handful of decisions that rob it of its crucial power: its ability to exist within the chilling unknowns of postpartum depression.
‘Mother’s Baby’ Review: A Paranoid Postpartum Thriller That Very Nearly Delivers
5 Hotspots Where Millennials Are Moving for Affordable Living and Career Growth
Nothing captures the adventurous millennial spirit quite like packing up your life, loading a moving truck, and starting fresh in a new city. But relocating can be expensive—especially when crossing state lines. If you're looking for affordable housing, thriving job markets, and vibrant communities, these five states are attracting millennials in droves.
5 Hotspots Where Millennials Are Moving for Affordable Living and Career Growth
‘Yellowjackets’ Star Melanie Lynskey on Shauna’s Growth in Season 3: She’s ‘Relaxing into Herself’
For Melanie Lynskey, playing cannibalistic crash survivor Shauna Shipman on “Yellowjackets” is about walking the line between comedy and drama.
‘Yellowjackets’ Star Melanie Lynskey on Shauna’s Growth in Season 3: She’s ‘Relaxing into Herself’
Emma Bunton and Mel B 'reunited in South Korea'
Emma Bunton and Mel B reunited in November to take part in a reality TV show. The 49-year-old pop star and Mel secretly flew to Seoul, South Korea, in late 2024, when they sang alongside K-pop idols for a TV show. A source told The Sun newspaper: "A Spice Girls reunion is a way off. "So having Emma and Mel back on stage singing a Spice Girls song together might be the closest fans get to a comeback, even though it will be with K-pop stars rather than Geri Horner, Melanie C and Victoria Beckham. "They flew to South Korea at the end of last year and were on set for quite a few days as they battled it out with other pop veterans. "With them alone on board, it is a big show. But there’s also Boy George and loads of other chart-topping stars, which will be enough to encourage people to tune in." The reality show will air on Apple TV and will also feature the likes of Megan Thee Stallion and Psy, the 'Gangnam Style' singer. Meanwhile, Melanie recently revealed that she's ready to "start planning" a Spice Girls reunion. The 51-year-old singer would love to reunite with her bandmates to mark the 30th anniversary of 'Wannabe', the group's 1996 hit single. Melanie told Rebecca Judd On Apple Music 1: "There has to be something befitting of 30 years since ‘Wannabe’. "Once a Spice Girl, always a Spice Girl. We all feel like that, but we now are getting together because we know if we're going to do anything, we have to start planning things to get things right. "We have to start making the plans right now and putting them into action. So fingers crossed."
Emma Bunton and Mel B 'reunited in South Korea'
Selkirk residents weigh impacts on Manitoba steel city on the eve of U.S. tariffs
Some residents of a small, steel-producing city in Manitoba are on edge as the U.S. is yet again poised to impose tariffs on Canadian goods — this time on aluminum and steel.
Selkirk residents weigh impacts on Manitoba steel city on the eve of U.S. tariffs
Jennifer Hudson Hit in the Face by a Ball While Sitting Courtside at Knicks Game
Todd Williamson/NBC/NBC via Getty
Jennifer Hudson Hit in the Face by a Ball While Sitting Courtside at Knicks Game
‘Bookie’ Canceled By Max After Two Seasons
Bookie, the comedy series Chuck Lorre and Nick Bakay created, has been canceled at Max after two seasons.
‘Bookie’ Canceled By Max After Two Seasons
This Woman Asked How To Split The Hospital Bill For Her Baby's Birth With Her Husband, And The Internet Is NOT Having It
Recently, a post from the BabyBumps subreddit went viral after a woman asked how she should approach her husband about contributing to the hospital bill for the birth of their baby.
This Woman Asked How To Split The Hospital Bill For Her Baby's Birth With Her Husband, And The Internet Is NOT Having It
Indonesia Forces Exporters to Keep FX Earnings Onshore
(Bloomberg) -- Indonesia is pushing ahead with a plan to force natural resource exporters to keep more foreign exchange earnings onshore in Southeast Asia’s largest economy, aiming to bolster central bank reserves by $80 billion and reverse a slide in the country’s beleaguered currency.
Indonesia Forces Exporters to Keep FX Earnings Onshore
外国人観光客への不満が拡大 マナー違反や文化摩擦でストレス増大
外国人観光客への不満が拡大 マナー違反や文化摩擦でストレス増大
The Doughty Effect
The return of Drew Doughty to the Los Angeles Kings lineup ignited fans and teammates alike with a wave of excitement and renewed hope. With their star defenseman back at the helm, the Kings felt like a complete team again, ready to face any challenge. As the 6-foot-1 Canadian participated in the 4 Nations Face-Off against teammate Adrian Kempe, there's potential of him improving his playmaking abilities and returning to the star defenseman form we all know and appreciate.
The Doughty Effect
From Exotic to Everyday: People Recall Foods That Were Once Rare But Now Commonplace
As the times have changed, the kinds of foods that we have readily available have expanded exponentially. From being able to buy certain fruits and vegetables year-round to being exposed to foods from other cultures, older adults on Reddit shared the foods that they once thought of as very special and exotic that you can get in any supermarket now, and it's pretty darn eye-opening. Here are some of the top comments:
From Exotic to Everyday: People Recall Foods That Were Once Rare But Now Commonplace
Dexus pitches Australia as safe haven, plans A$2 billion asset sale
By Byron Kaye and Roshan Thomas
Dexus pitches Australia as safe haven, plans A$2 billion asset sale
Panthers return to South Florida mid-road trip after dropping 3 of past 4 games
The Florida Panthers are working their way through a tough stretch.
Panthers return to South Florida mid-road trip after dropping 3 of past 4 games
Housing Market Alert: Why a 5% Mortgage Rate Could Spark a Buying Frenzy
If you're among the millions of Americans planning to buy a home this year — particularly if it's your first — you're probably keeping a close eye on the housing market. Like an eagle scanning for prey, you wait patiently for that perfect four-bedroom in the top school district to appear within striking distance before making your move.
Housing Market Alert: Why a 5% Mortgage Rate Could Spark a Buying Frenzy
'Significant upside': Jefferies joins a growing crowd covering Equitable Bank
Highlighting the “prospect of outsized growth at a discounted valuation,” Jefferies Financial Group initiated coverage of Equitable Bank and EQ Bank parent EQB (EQB.TO) on Thursday, adding its “Buy” rating to a largely positive analyst outlook for the stock.
'Significant upside': Jefferies joins a growing crowd covering Equitable Bank
休みが多くて給料がいい仕事10選!メリットや就職するコツ
この記事では、休みが多くて給料がいい仕事の基準や高待遇の業界またその条件を満たす可能性の高い仕事を10選にして解説します。詳細は以下のリンクからご覧ください。
休みが多くて給料がいい仕事10選!メリットや就職するコツ

Advertisement