Oil Sands Discovery Centre

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Oil Sands Discovery Centre - All You Need to Know BEFORE You Go (2024)

  • Wed - Sun 10:00 AM - 5:00 PM
  • (0.85 mi) Super 8 by Fort McMurray
  • (0.97 mi) Microtel Inn & Suites by Wyndham Fort McMurray
  • (0.91 mi) Travelodge By Wyndham Fort McMurray
  • (1.06 mi) Radisson Hotel & Suites Fort McMurray
  • (7.84 mi) Best Western Plus Sawridge Suites
  • (0.47 mi) The Den
  • (0.50 mi) Sweet Basil
  • (4.15 mi) Mitchell's Cafe
  • (0.83 mi) Brewskies Pub
  • (1.02 mi) Table 63

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Fort McMurray Like You've Never Seen It Before

Experience the side of Fort McMurray you never knew existed. The city offers aerial tours to give you a bird's eye view of the city and oilsands, visit the Oilsands Discovery Centre or see the Northern Lights on a guided tour with a professional photographer.

Flying High

Aerial Tour $374 per package (Thursday to Sundays only)

McMurray Aviation offers aerial tours of the city, oilsands, Boreal forest and float plane adventures.

Learn more by visiting McMurray Aviation's Aerial Adventures website .

Fort McMurray - Aerial View

Oil Sands Discovery Centre

Covering more than 142,000 square kilometers, the Alberta Oil Sands is the world’s largest single oil deposit. The ingenuity and scale that went into tapping into the rich resource is a thrill to experience.

Learn about how the government and corporations are working together to preserve the environment and build a sustainable energy project. The Oil Sands drive a global Canadian economy, so visit the Discovery Centre and learn how the oilsands came to be and how it works today.

Admission includes:

  • Demonstration of the extraction process
  • “Quest for Energy” and “Pay Dirt - Alberta’s Oil Sands: Century in the Making” Films
  • Access to the exhibit halls

Click here to visit their website.

Fort McMurray oilsands

Alta-Can Tour

The northern lights are a marvel to behold, particularly as you move further north. The Alta-Can Aurora tours provide a great opportunity to take in a guided exploration of this natural phenomenon.

  • Guided tour service
  • On staff photographer and astronomer
  • Meals included
  • Optional skiing, oil sands tours and shopping
  • Comfortable accommodations with Sawridge Inn

For more information, view the Alta-Can website at www.altacan.ab.ca

Northern Lights

Experience the Energy Tour

Marvel at the sheer power and technology that goes into one of the world’s biggest industrial projects. Take a guided tour of the Suncor Energy operations and get a firsthand understanding of how this organization is driving the Alberta economy in a sustainable way.

This guided tour is fun and educational, something that is perfect for a family outing. Take a guided Bus tour of Suncor Energy and visit the Oil Sands Discovery Centre for an interactive look into the Athabasca Oil Sands and Heritage Shipyard to experience Fort McMurray’s unique and vibrant past.

Tour Details:

  • Guided tour of Suncor Energy
  • Admission to the Oil Sands Discovery Centre
  • Admission to Heritage Shipyard

Note: The Energy Tours are suspended until further notice.

Fort McMurray Tours

For more information on tours and events in Fort McMurray, visit Fort McMurray Tourism's website .

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suncor tour

Phoenix Heli-Flight offers tours of Fort McMurray, the Oilsands, and the Wood Buffalo region. For custom tour pricing please contact our office at 780-799-0141 or  [email protected] .

Prices listed include flight time, fuel, landing fees, and tax. Charter of entire aircraft only.

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Clearwater River Valley

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Fort McMurray

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Suncor Base Plant

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Syncrude Mildred Lake

suncor tour

Whitemud Falls

EC120 (max. 4 passengers)

Town Tour – 24 minutes – $747

Town & Suncor Tour – 36 minutes – $1,110

Town, Suncor & Syncrude – 42 minutes – $1,291

Clearwater River Valley & Whitemud Falls – 1 hour – $1,836

AS350 ( max. 5 passengers)

Town Tour – 24 minutes – $1,087

Town & Suncor Tour – 36 minutes – $1,621

Town, Suncor & Syncrude – 42 minutes – $1,887

Clearwater River Valley & Whitemud Falls – 1 hour – $2,687

H130 (EC130 T2) (max. 6 passengers)

Town Tour – 24 minutes – $1,366

Town & Suncor Tour – 36 minutes – $2,039

Town, Suncor & Syncrude – 42 minutes – $2,376

Clearwater River Valley & Whitemud Falls – 1 hour – $3,385

Call us at 780-799-0141 or email us at  [email protected]  to make your booking!

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NCX Seat Post

NCX Seat Post

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NCX Seat Post

The NCX seat post has been engineered and built for years of comfort and performance.

The SP12 is available in 27.2 and 31.6mm sizes while the SP25 is offered in 30.9mm.

Featuring a 50mm range of travel and stainless steel bushings . The SR SUNTOUR NCX seat post is best in class for performance and value. 

This is a must have accessory for any cyclist looking for the ultimate in comfort. Alleviate back pain and saddle soreness today. 

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  • SP12 & SP25 are identical in design
  • SP12 is 27.2 and 31.6mm 
  • SP25 is 30.9mm 
  • 50mm of travel
  • Stainless steel bushings
  • 25mm offset saddle clamp
  • Patented parallelogram suspension design
  • Preload adjustable 
  • Internal coil spring for the ultimate in comfort
  • Side clamp has a radial detent with wide tilt adjustment range
  • Weight 800g
  • Requires 110mm of exposed seat post to the saddle rails for similar seat height
  • Maximum extension of 300mm height for 350mm length
  • Maximum extension of 350mm height for 400mm  length
  • Stock standard spring is rated for riders of 140-195lbs +/-
  • Optional hard and soft springs sold separately 
  • Optional cover sold separately
  • 7mm rail saddle rail clamp diameter
  • 2 year manufacturers warranty included
  • Made in Taiwan 

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Editorials | Editorial: Suncor’s $10.5 million settlement…

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Editorials | Editorial: Suncor’s $10.5 million settlement was driven by a neighborhood that wants more for the community

Suncor Energy’s Commerce City oil refinery is pictured on April 19, 2022. (Photo by Hyoung Chang, The Denver Post)

For decades Suncor has operated a refinery in Commerce City with little oversight or scrutiny from public officials, the media and the EPA.

That has slowly changed.

The settlement announced last week is a victory for groups and individuals who have put their time and energy into holding Suncor accountable and gaining media attention, which helped shine a light on Suncor operations.

The agreement requires Suncor to spend $8 million to improve its electrical systems so power outages no longer lead to the plant spewing harmful emissions over nearby communities in Denver and Commerce City. Additionally, Suncor will pay a $2.5 million fine for its past pollution. The money will go to environmental justice programs in an attempt to remediate the harm poor air quality has caused in the communities surrounding Suncor.

Suncor also will finally comply – in 2024 — with a state law requiring air quality monitoring at the company’s fence line – a requirement that was passed by the legislature in 2021 but that Suncor challenged with a lawsuit because it disagreed with the way the Colorado Department of Public Health and Environment implemented the new law.

The non-profit organization Cultivando was awarded money from a 2020 settlement with CDPHE to conduct air quality monitoring in the community. The group’s data found troubling spikes in harmful pollution in communities near Suncor .

Suncor and CDPHE say that their data shows that the long-term exposure to harmful pollutants in north Denver does not exceed health and human safety guidelines. The fence line monitoring could finally resolve the question of whether families in the area can blame poor air quality for the increased prevalence of asthma and other poor health outcomes. It is frustrating that Suncor has successfully delayed that testing.

If we are going to give credit to those who have pushed for greater regulation of Suncor we also must listen to what they are saying about this settlement – and it’s not positive.

Earthjustice sent out a scathing press release that included prominent voices in this fight dressing down CDPHE for what they say amounts to a $2.5 million fine for multiple violations on an international company that in 2022 reported $27 billion in gross profits. We agree with Earthjustice that the $8 million is what Suncor should be spending on its own to finally stop exceeding the levels of pollution allowed by Colorado permits.

Renée Chacon called the enforcement attempt “performative.”

Chacon is the executive director and cofounder of Womxn from the Mountain, a group of indigenous advocates formed in 2018 that created a short video called Sundown at Suncor  documenting the environmental injustice in north Denver’s poor air quality and pollution.

“In order to truly move the needle away from Suncor repeatedly evading accountability, there must be increased protections to align with what the community has demanded for generations. The state has failed to protect us again with meaningful enforcement,” she wrote.

Suncor received similar treatment in a $9 million settlement in 2020 . The company paid $2.6 million on environmental projects for the community, $5 million to improve its own facility and hire an outside team to research ways to reduce emissions and comply with the law and a $1.4 million fine to the state.

Ean Thomas Tafoya, who recently ran for Denver mayor and is the state director of GreenLatinos wrote that “while this enforcement action may be the largest in state history, it does not nearly deliver on the health improvements North Denver residents have been working towards.”

Colorado is moving in the right direction when it comes to Suncor regulation, but no one should think that this settlement means any of the problems are solved.

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Travelling to site?

Learn about Suncor’s current travel screening processes including new rapid antigen screening and other COVID-19 prevention measures .

MacKay River

Mildred lake.

  • Flight Schedule
  • Check-In & Boarding
  • Safety & Security
  • Airports and Parking
  • Commercial Travel
  • Check-in / Check-out
  • Policies & Guidelines
  • Site Travel Requests
  • Travel Portal

Bussing Schedules & Routes

When you travel and stay with Suncor, we know you might have questions. Whether you are fly in / fly out or an occasional traveller, find the information you need on buses and shuttles.

Quick Links

Download schedules, route information and maps for Base Plant. Times are approximate, so please arrive a few minutes early. For flight information, visit Flights at the top of this page. For lodge information, visit Lodging at the top of this page. If you cannot see the most recent schedules, please press Ctrl-F5 on your keyboard to refresh the page.

Regional Transit System Routes

  • Town to Site Pick-up Schedule (PDF)
  • Route A - Prairie Creek, Gregoire, Beaconhill (PDF)
  • Route B - Waterways, Downtown, Abasand and Greylings (PDF)
  • Route C - Downtown (PDF)
  • Route D - Dickensfield and Real Martin (PDF)
  • Route E - Thickwood (PDF)
  • Route F - Thickwood (PDF)
  • Route G - Timberlea (PDF)
  • Route H - Timberlea (PDF)
  • Route J - Timberlea (PDF)
  • Route K - Timberlea (PDF)
  • Route L - Timberlea (PDF)
  • Route M - Timberlea (PDF)

Regional Transit System On Site Staging & Departures

  • Westside Staging Locations & Departure Times 06:50/18:50 (PDF)
  • Westside Staging Locations & Departure Times 08:05/16:20/20:05 (PDF)
  • East Side Staging Locations and Departure Times 650,1850 and 1620 (PDF)
  • East Staging Locations & Departure Times for 0805 and 2005 (PDF)
  • Mine Ops Staging Locations & Departure Times for 0825 and 2025 (PDF)
  • 18:20 Staging & Departures Westside & Eastside (PDF)

All Site Services/Lodge Services/Training Services - Busing Schedules

Access the regular Suncor Base Plant Site Service Schedule, now with a NEW user-friendly look!

  • Lodge & Training Bus Services Schedule (PDF)
  • Site Services & Daytime On-Site Bus Services Schedule (PDF)

Safe Travel Tips - Rules for Riding

  • Rules for Riding (PDF)

CBR Ledcor - Aerodrome Bus Service

  • CBR Ledcor - Aerodrome to/from FBV Bus Service - MAY 2024 (PDF)
  • CBR Ledcor - MAY 2024 - Aerodrome Bus Service - ATHABASCA & FMV (PDF)

Download schedules, route information and maps for Firebag. Times are approximate, so please arrive a few minutes early. For flight information, visit Flights at the top of this page. For lodge information, visit Lodging at the top of this page. If you cannot see the most recent schedules, please press Ctrl-F5 on your keyboard to refresh the page.

Aerodrome Busing - Firebag

  • Firebag Aerodrome Bus Schedule - May, 2024 (PDF)

Firebag - Site shuttle service

  • Firebag - Site Shuttle Service (PDF)

Download schedules, route information and maps for MacKay River. Times are approximate, so please arrive a few minutes early. For flight information, visit Flights at the top of this page. For lodge information, visit Lodging at the top of this page. If you cannot see the most recent schedules, please press Ctrl-F5 on your keyboard to refresh the page.

MacKay River - Town Bus Routes

  • MacKay River Route 1 - Timberlea and Parsons Creek (PDF)
  • MacKay River Route 2 - Timberlea and Eagle Ridge (PDF)
  • MacKay River Route 3 - Abasand and Thickwood (PDF)

Download schedules, route information and maps for Fort Hills. Times are approximate, so please arrive a few minutes early. For flight information, visit Flights at the top of this page. For lodge information, visit Lodging at the top of this page. If you cannot see the most recent schedules, please press Ctrl-F5 on your keyboard to refresh the page.

News and Updates (FHO)

  • FHO - Departure Day Process (PDF)
  • FHO - Lost and Found (PDF)
  • FH New On Demand App (DOT) (PDF)

Lodge and On-Site Route Schedules

  • Logan Lodge to Site Schedule (PDF)
  • Fort Hills - Bus Stop Maps (PDF)
  • Route 2 & 3 On Site (PDF)
  • Projects - Beaver To Site Schedule (PDF)
  • Beaver To Fort Hills Site Schedule (PDF)
  • New Hire/No Badge Bus Schedule (PDF)
  • Willow Lodge to Site Schedule (PDF)

Operations Airport Schedules (YFI)

  • Main Admin Airport Bus Schedule - Fort Hills (PDF)
  • Stop 15 Airport Bus Schedule - Fort Hills (PDF)
  • Mount Logan Airport Bus Schedule - Fort Hills (PDF)
  • Mount Robson Airport Bus Schedule - Fort Hills (PDF)

Operations - Bus In / Bus out -Schedule (BIBO)

  • BIBO (Bus In_Bus Out) Service (PDF)

Luggage Transfer - Fly Day

  • Willow Lodge Luggage Transfer Information (PDF)
  • Beaver River Lodge Luggage Transfer Information (PDF)

Download schedules, route information and maps for the Syncrude Aurora Site. Times are approximate so please arrive a few minutes early.

Regional Transit System

  • Fort McMurray to Aurora Site Timetable (PDF)
  • Aurora Site to Fort McMurray Timetables (PDF)

Regional Transit System (Aurora)

  • ROUTE 01 PRAIRE CREEK_GREGOIRE (PDF)
  • ROUTE 02 BEACON HILL (PDF)
  • ROUTE 03 ABASAND (PDF)
  • ROUTE 04 WATERWAYS_DOWNTOWN (PDF)
  • ROUTE 05 DOWNTOWN (PDF)
  • ROUTE 06 DOWNTOWN (PDF)
  • ROUTE 07 WOOD BUFFALO_THICKWOOD (PDF)
  • ROUTE 08 THICKWOOD (PDF)
  • ROUTE 09 THICKWOOD (PDF)
  • ROUTE 10 DICKINSFIELD_THICKWOOD (PDF)
  • ROUTE 11 THICKWOOD (PDF)
  • ROUTE 12 TIMBERLEA (PDF)
  • ROUTE 13 TIMBERLEA (PDF)
  • ROUTE 14 TIMBERLEA (PDF)
  • ROUTE 15 TIMBERLEA (PDF)
  • ROUTE 16 TIMBERLEA (PDF)
  • ROUTE 17 TIMBERLEA (PDF)
  • ROUTE 18 TIMBERLEA (PDF)

16:10 Service from Aurora

  • Zone 1 (PDF)
  • Zone 2 (PDF)
  • Zone 3 (PDF)
  • Zone 4 (PDF)
  • Zone 5 (PDF)
  • Zone 6 (PDF)

18:10 Service from 41B (Aurora)

  • See Aurora Site to Fort McMurray Timetable for shuttle service information (PDF)

7:40 / 19:40 Service from Aurora

  • ZONE 1A (PDF)
  • ZONE 1B (PDF)
  • ZONE 2A (PDF)
  • ZONE 2B (PDF)
  • ZONE 3A (PDF)
  • ZONE 4A (PDF)
  • ZONE 4B (PDF)
  • ZONE 5A (PDF)
  • ZONE 5B (PDF)
  • ZONE 6A (PDF)
  • ZONE 6B (PDF)
  • ZONE 3B (PDF)

8:10 / 20:10 Service from Aurora

Fort mckay (aurora).

  • Fort McKay Busing Service Aurora (PDF)

Lodge Busing Schedules (Aurora)

  • Grey Wolf to Aurora Schedule - June 16th (PDF)

April 1st - Bus Staging Change Aurora

  • April 1st - Bus Staging Change Aurora (PDF)

Download schedules, route information and maps for the Syncrude Mildred Lake Site. Times are approximate so please arrive a few minutes early.

  • Fort McMurray to Mildred Lake Site Timetable 7:30_19:30 Shift Start (PDF)
  • Mildred Lake Site to Fort McMurray Timetable (PDF)

Regional Transit System (Mildred Lake)

  • ROUTE 01 PRAIRIE CREEK_GREGOIRE (PDF)
  • ROUTE 07 THICKWOOD_WOOD BUFFALO (PDF)

18:10 Service from 41B

7:40 / 16:10 / 19:40 service from 41b, 7:40/19:40 service from 41a, 8:10 / 20:10 service from 41a, 6:30/18:30 shift service.

  • 6:30/18:30 Shift Service Timetable (PDF)

6:30/18:30 Shift Service Zone Maps to Site

  • ZONE 1A Town to Site (PDF)
  • ZONE 1B Town to Site (PDF)
  • ZONE 2A Town to Site (PDF)
  • ZONE 2B Town to Site (PDF)
  • ZONE 3A Town to Site (PDF)
  • ZONE 3B Town to Site (PDF)
  • ZONE 4A Town to Site (PDF)
  • ZONE 4B Town to Site (PDF)
  • ZONE 5A Town to Site (PDF)
  • ZONE 5B Town to Site (PDF)
  • ZONE 6A Town to Site (PDF)
  • ZONE 6B Town to Site (PDF)

6:30/18:30 Shift Service Zone Maps from Site

  • ZONE 1A Site to Town (PDF)
  • ZONE 1B Site to Town (PDF)
  • ZONE 2A Site to Town (PDF)
  • ZONE 2B Site to Town (PDF)
  • ZONE 3A Site to Town (PDF)
  • ZONE 3B Site to Town (PDF)
  • ZONE 4A Site to Town (PDF)
  • ZONE 4B Site to Town (PDF)
  • ZONE 5A Site to Town (PDF)
  • ZONE 5B Site to Town (PDF)
  • ZONE 6A Site to Town (PDF)
  • ZONE 6B Site to Town (PDF)

Shift Change Buses

  • AM Route Map (PDF)
  • PM Route Map (PDF)
  • AM & PM Schedule - Arriving On Site (PDF)
  • AM & PM Schedule - Departing Site (PDF)

On-Site Shuttle Schedules

  • On Site Shuttle Schedule (PDF)

Fort McKay (Mildred Lake)

  • Fort McKay Busing Service Mildred Lake (PDF)

Lodge Busing Schedules (Mildred Lake)

  • Grey Wolf - MLV busing Schedule Effective Apr 21 (PDF)
  • FMV Busing Schedule - Effective Apr 18 (PDF)

2024 Manachihta Turnaround Busing Services

  • Manachihta Busing Locations (PDF)
  • Borealis Bus Corral Zones (PDF)
  • TA Busing to Town - 8:15 and 20:15 - March 25th (PDF)
  • TA Rec Runs - Borealis Hudson and FMV Lodges - Apr 12 (PDF)
  • Borealis Bus Schedule - April 8th (PDF)
  • Fort McMurray Village - Bus Corral (PDF)
  • FMV Busing Schedule - Base Business - April 8th (PDF)
  • Fort McMurray Village - TA Bus Schedule - April 8th (PDF)
  • Syncrude Busing Notes - FMV - April 2024 (PDF)
  • MLV to 1071 Busing Schedule - April 15th (PDF)
  • Hudson Bus Schedule - April 15th (PDF)
  • FMV Base Business Busing Schedule - Effective Apr 18 (PDF)

April 1st - Mildred Lake - Busing Changes

  • Mildred Lake Busing Changes - April 1st (PDF)
  • Mildred Lake to Fort McMurray Timetable - April 1st (PDF)
  • Fort McMurray to Mildred Lake Timetable - April 1st (PDF)

April 1st - AM Service Route Changes

  • AM Service - Route 3 - April 1st Change (PDF)
  • AM Service - Route 7 - April 1st Change (PDF)
  • AM Service - Route 8 - April 1st Change (PDF)
  • AM Service - Route 9 - April 1st Change (PDF)
  • AM Service - Route 10 - April 1st Change (PDF)
  • AM Service - Route 14 - April 1st Change (PDF)
  • AM Service - Route 15 - April 1st Change (PDF)

April 1st - 16:10 Service from 41B - Route Changes

  • Zone 1A Site to Town - April 1st (PDF)
  • Zone 1B Site to Town - April 1st (PDF)
  • Zone 2A Site to Town - April 1st (PDF)
  • Zone 2B Site to Town - April 1st (PDF)
  • Zone 3A Site to Town - April 1st (PDF)
  • Zone 3B Site to Town - April 1st (PDF)
  • Zone 4A Site to Town - April 1st (PDF)
  • Zone 4B Site to Town - April 1st (PDF)
  • Zone 5A Site to Town - April 1st (PDF)
  • Zone 5B Site to Town - April 1st (PDF)
  • Zone 6A Site to Town - April 1st (PDF)
  • Zone 6B Site to Town - April 1st (PDF)

Travel Advisories

Apr 3, 2024.

WestJet Group Negotiations Update

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Feb 23, 2024

Travel Services – New Hours Starting March 3, 2024

Oct 14, 2023

Fort Hills Route 5- 15 Min Frequency Start Oct 16

Aug 5, 2023

Athabasca and Beaver River Luggage Service

Suncor Energy earnings: here's what Wall Street expects

  • On May 7, Suncor Energy will release figures for the most recent quarter.
  • Analysts predict Suncor Energy will report earnings per share of CAD 1.24.
  • Go here to watch Suncor Energy stock price in real-time ahead of earnings.

Suncor Energy will be reporting Q1 earnings on May 7.

11 analysts are estimating earnings of CAD 1.24 per share as opposed to earnings of CAD 1.54 per share in the same quarter of the previous year.

Wall Street is expecting the company to report CAD 13.02 billion, an increase of 9.28% over the prior year quarter.

Looking at the full year, analysts expect a profit of CAD 5.43 per share. In the previous year there was a loss of CAD 6.34 per share.

This story was written by Markets Insider's RoboEddy, which automatically writes these stories based on data provided by our partners.

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  • Tech Stocks What are tech stocks?  Tech stocks represent partial ownership in companies that produce, distribute, manufacture, and research new technology. The sector is vast and ever-changing with plenty of exciting opportunities for growth. Some examples of tech companies include:  Artificial intelligence Blockchain Cybersecurity Computers and software Cloud services The internet The internet-of-things (IoT) Self-driving technologies Semiconductors Smartphones Why invest in tech stocks?  The tech sector isn’t as stable as, say, banking. But that’s not always a bad thing. Tech companies, from startups to big corporations, often promise significant growth. And with new technologies moving as fast as they have in the last few decades, that growth could be exponentially large.  Tech stocks can also help you diversify your investment portfolio. Investing in tech companies exposes you to a different sector in the market, helping you capitalize on gains, as well as minimize overall losses when market downturns affect other sectors. One example of diversification in action: tech stocks performed fairly well during the recent pandemic-induced recession, whereas other sectors, such as banking and energy, took a hit.  Finally, with the sheer amount of great Canadian tech companies, you have plenty of choices between value and growth. If you lean more on…
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Suncor Energy Stock Has Surged 25% in Just 75 Days: Is It Still a Buy?

Suncor stock has surged 25% to above $53 in the last 75 days. Is there more upside or correction for the stock?

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Just when you thought oil prices would ease, Middle East geopolitical tensions have escalated, driving up oil prices. WTI crude that traded below US$77 a barrel at the start of the year went up to US$83.85 a barrel in April. Behind this surge are developments in the Middle East war situation. On April 1, Israel bombed the Iranian embassy. In retaliation, Iran attacked Israel on April 13. This spillover of the Israel-Hamas war sent oil prices on an upward trajectory once again.  Suncor Energy  ( TSX:SU ) stock has surged 25% since February 14, surpassing its June 2022 high, when oil prices surged due to the Russia-Ukraine war. 

How high can Suncor Energy stock go?

These escalations in oil prices increased the U.S. March 2024 inflation to 3.5%, dimming hopes of an interest rate cut any time soon. The World Bank, in its recent press release, warned against an escalation in oil prices. Below are the World Bank’s  expectations  for the average Brent crude price in 2024: 

  • US$84 a barrel, assuming no conflict-related supply disruptions.
  • US$92 a barrel, assuming moderate conflict-related supply disruptions.
  • More than US$100 a barrel, assuming severe conflict-related supply disruptions.

In another development, Saudi Arabia, the world’s largest oil exporter, wants higher oil prices to fund its economic growth. The oil-dependent nation unveiled a plan known as Vision 2030, under which the economy is looking to diversify into non-oil activities such as tourism and industry. 

If you are a football fan, you must have heard about Saudi Arabia  hosting  the FIFA Club World Cup 2023, and the country is now the only bidder for the 2034 Cup. The International Monetary Fund (IMF) forecasts  Saudi Arabia will need oil at US$96.20 to balance its 2024 budget. All this points to one direction, that is high oil prices. 

Suncor stock is trading above $53, a price it reached when the oil price peaked at US$125 a barrel in June 2022. How high can the stock go this time? 

It would be fair to assume that investors are shifting to  oil stocks  like Suncor and  Cenovus Energy  ( TSX:CVE ),   which surged 33% since February 14, to combat inflation. The oil stocks have already priced in the supply shocks. Yet, there is the possibility of more upside if the US Fed delays rate cuts beyond June.

Should you buy, hold, or sell? 

Suncor is a  cyclical stock . There is no point in buying Suncor stock at its high. However, if you own the stock, you might want to hold it till the end of the year, as 2024 is the year of oil price volatility. If you want to combat inflation and any volatility in energy and commodity prices,  Barrick Gold  ( TSX:ABX ) is a better option. Gold prices tend to rise in times of crisis. If geopolitical tensions escalate and create a supply shock, gold prices could surge as investors consider it a safe haven. 

Even though the currency we use today is not backed by gold, inflation positively impacts gold prices. The yellow metal still has an exchange value worldwide. Alongside oil stocks, Barrick Gold’s stock price has surged as much as 29% since February 14. 

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  3. Suncor oil sand and Syncrude tour

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  4. Suncor looks to 2022 as Fort Hills ramps up

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COMMENTS

  1. All You Need to Know BEFORE You Go (2024)

    The tour was informative, and focused on what Suncor and other operators are doing to restore these lands to their original condition, as required by the provincial mining permits. These companies get a lot of criticism from environmentalists, and this is one of the forums that they use to respond to some of these negative comments.

  2. Mining the Oil Sands: A tour of Alberta's nine mining pits

    HOW IT STARTED. Suncor's Lease 86 was the very first mining pit in the oil sands, located just north of Fort McMurray on the west side of the Athabsca River. Bucket-wheel excavators loaded the oil sands onto conveyors, which transported the ore into rotating drum called tumblers. The tumblers used hot water and live steam to produce a slurry ...

  3. Ft McMurray Aerial Oil Field Tours

    This guided tour is fun and educational, something that is perfect for a family outing. Take a guided Bus tour of Suncor Energy and visit the Oil Sands Discovery Centre for an interactive look into the Athabasca Oil Sands and Heritage Shipyard to experience Fort McMurray's unique and vibrant past. Tour Details: Guided tour of Suncor Energy

  4. Oil sands

    Suncor extracts bitumen in two ways: mining and in situ. Mining. About 20% of Canada's oil sands is close enough to the surface to be mined. Suncor uses large trucks and shovels to extract the oil sands that are near the surface (approx. 130-200 ft deep). ... This step-by-step tour video will take you behind the scenes to find out about our ...

  5. Tours

    Town & Suncor Tour - 36 minutes - $2,039. Town, Suncor & Syncrude - 42 minutes - $2,376. Clearwater River Valley & Whitemud Falls - 1 hour - $3,385. Call us at 780-799-0141 or email us at [email protected] to make your booking! 1001 Saline Creek Pkwy, Fort McMurray, AB T9H 0H8

  6. SR SUNTOUR SP12 NCX Suspension Seatpost

    The SP12 is available in 27.2 and 31.6mm sizes while the SP25 is offered in 30.9mm. Featuring a 50mm range of travel and stainless steel bushings. The SR SUNTOUR NCX seat post is best in class for performance and value. This is a must have accessory for any cyclist looking for the ultimate in comfort. Alleviate back pain and saddle soreness today.

  7. Base Plant operations

    Coke boiler replacement project. In 2019, we announced plans to replace the coke-fired boilers at Base Plant with two highly efficient, natural gas-fired cogeneration units. These units will produce reliable steam for our operations, reduce emissions reduction by 5.1 MT/yr and will generate approximately 800 megawatts (MW) of low-carbon power.

  8. Nobel Prize winner arrives in Fort McMurray before touring pipeline

    Tuesday's itinerary includes a tour of Suncor's oilsands operations near Fort McMurray, and one of the group's early meetings is with Melissa Blake, who's the mayor of the Municipality of ...

  9. Canada: Aerial drone tour of the Montreal Suncor oil refinery

    Like and send your video: facebook.com/the4kguy Air tour of the oil refineries in Montreal, Quebec, Canada in the areas of Riviere des Prairies, Pointe-aux-T...

  10. Suncor Energy

    Suncor Energy (French: Suncor Énergie) is a Canadian integrated energy company based in Calgary, Alberta.It specializes in production of synthetic crude from oil sands.In the 2020 Forbes Global 2000, Suncor Energy was ranked as the 48th-largest public company in the world.. Suncor was created by Sun Oil in 1979 by the merger of its Canadian conventional and heavy oil companies, the Sun Oil ...

  11. Sunlink: Suncor Energy's Travel Hub

    SunLink is designed to help travellers find the information they need for easy, seamless travel with Suncor. This site includes updated information on bus and flight schedules, and lodges for Suncor Base Plant, Firebag, Fort Hills and Syncrude.

  12. Suncor

    Suncor is a unique and sustainable energy company dedicated to vigorous growth in worldwide markets through meeting or exceeding the changing expectations of our current and future stakeholders. Skip to main content What we do What we do. At Suncor, we extract, produce and provide energy from a mix of sources, ranging from oil sands to ...

  13. Suncor Tour Clip

    Suncor is a big place. If you have never been then this video tour will help you get a better understanding of it. Produced by Freshwater Creative.

  14. PDF Base Mine Extension Project update

    As part of the tour of the project footprint, Suncor demonstrated data collection monitoring techniques to share information with the attendees about the baseline study field program. This included information on air quality, aquatic health, fish and fish habitat, hydrology, and wildlife and wildlife habitat. Rollo

  15. Suncor Energy: Turnaround Story Not Reflected In The Share Price

    Suncor Energy. Though incorporated in 1979, Suncor has a history in oil sands since 1967, when it was still a part of Sun Oil. A Canadian integrated oil company, which even Warren Buffett included ...

  16. Editorial: Suncor's $10.5 million settlement was driven by a

    Suncor received similar treatment in a $9 million settlement in 2020. The company paid $2.6 million on environmental projects for the community, $5 million to improve its own facility and hire an ...

  17. Bussing Schedules & Routes

    Town to Site Pick-up Schedule (PDF) Route A - Prairie Creek, Gregoire, Beaconhill (PDF) Route B - Waterways, Downtown, Abasand and Greylings (PDF) Route C - Downtown (PDF) Route D - Dickensfield and Real Martin (PDF) Route E - Thickwood (PDF) Route F - Thickwood (PDF) Route G - Timberlea (PDF) Route H - Timberlea (PDF)

  18. Suncor Energy earnings: here's what Wall Street expects

    Suncor Energy will be reporting Q1 earnings on May 7. 11 analysts are estimating earnings of CAD 1.24 per share as opposed to earnings of CAD 1.54 per share in the same quarter of the previous ...

  19. PDF Suncor Energy announces 2023 production outlook and capital program

    Calgary, Alberta (Nov. 29, 2022) - Suncor Energy (TSX: SU) (NYSE: SU) released its 2023 corporate guidance today. "Over the past several months, our new mining leadership has done an in-depth review of our assets and developed a multi-year plan that will deliver marked improvements in safety, reliability and operational performance," said ...

  20. Suncor Energy Announces 2023 Production Outlook and Capital Program

    Syncrude cash operating costs of $39.00 - $43.00 (US $29.60 - $32.70) per barrel is based on the assumptions that: (i) Syncrude will produce 175,000 - 190,000 bbls/d of synthetic crude oil (net to ...

  21. Suncor's $4 Billion Deal May Spell End of Base Plant Project

    Suncor's C$5.5 billion ($4 billion) purchase of the French company's 31% interest in the Fort Hills oil sands mine and 50% interest in the Surmont oil site will provide Suncor with as much as ...

  22. Commerce City Refinery

    Suncor has owned and operated the integrated Commerce City Refinery (CCR) in full since 2005. We are the only facility of this kind in Colorado and the largest in the Rocky Mountain Region, processing 98,000 barrels-per-day, and contributing $2.5 billion to the economy annually, along with significant tax revenues in the Commerce City area.

  23. Is Now the Time to Buy Suncor Stock?

    Another thing Suncor Energy has going for it is high dividend income. The company pays a $0.55 quarterly dividend. That works out to $2.20 per year. At today's stock price of $53.87, the yield ...

  24. Suncor Energy Stock Has Surged 25% in Just 75 Days: Is It Still a Buy?

    In retaliation, Iran attacked Israel on April 13. This spillover of the Israel-Hamas war sent oil prices on an upward trajectory once again. Suncor Energy ( TSX:SU) stock has surged 25% since ...

  25. Welcome to 'the Tepid Twenties'? The US economy's strength won't be

    The global economy is at risk of stagnating in the coming years — and America's robust economic strength may not be enough to save it. "Without a course correction, we are indeed heading for ...

  26. Suncor Energy to Release First Quarter 2024 Financial Results, and Hold

    Calgary, Alberta--(Newsfile Corp. - April 30, 2024) - Suncor (TSX: SU) (NYSE: SU) will release its first quarter financial results on May 7, 2024 before 5:00 p.m. MT (7:00 p.m. ET).A webcast to ...

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  28. Suncor Energy Stock Has Surged 25% in Just 75 Days: Is It Still a Buy?

    On April 1, Israel bombed the Iranian embassy. In retaliation, Iran attacked Israel on April 13. This spillover of the Israel-Hamas war sent oil prices on an upward trajectory once again. Suncor Energy ( TSX:SU) stock has surged 25% since February 14, surpassing its June 2022 high, when oil prices surged due to the Russia-Ukraine war.

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    We're here when you need us. Corporate head office. 1-866-SUNCOR-1 (1-866-786-2671) [email protected]. Location. P.O. Box 2844,

  30. Exploration and production

    Oil sands. Refining. Supply and trading. Our Exploration and production (E&P) business consists of offshore operations off the east coast of Canada and onshore assets in Libya and Syria. The exploration and production business provides portfolio diversity with low-cost conventional production, which helps balance against higher cost oil sands ...