Description
SWOT ANALYSIS OF SUNCOR ENERGY

Suncor Energy

Parent Company

Petro-Canada

Category

Oil and Gas

Sector

Energy

Tagline/ Slogan

We create energy for better world

Pioneered commercial development of Canada's oil sands — one of USP the largest petroleum resource basins in the world STP

Corporates and individuals in North America, Libya and Syria Segment looking to fulfill energy needs

Enterprises looking to produce energy , people who depend on Target Group petrol, diesel for vehicles in North America, Libya and Syria

Positioning

Full filing the energy needs of Corporates and individuals SWOT Analysis

1.Integrated energy operations in which crude production, upgrading, refining, and marketing operations are all connected to a single strategy 2.Ranks in the Forbes Global 2000 list 3.Collaboration with strong brands like PetroCanada to strengthen its Strength operations 4.Strong transportation network 5.Working collaboratively with vendors on technological innovations and to improve equipment performance 6.Efficient Oil sand production 7.Globally competitive integrated energy company with a balanced portfolio of high.quality assets, a strong balance sheet and significant

growth prospects

Weakness

1.High dependence on the Canadian market is a concern 2.Nature of operations invite environmental compliance

1.Ten year growth strategy plan which include continued development of stages four through six of the company's Firebag in.situ project, development of a second stage of the MacKay River in.situ project, and investments and ongoing production in Opportunity international and offshore operations 2.Development of alternate energy sources 3.Develoment of Firebag oil sands project to increase bitumen supply while reducing costs and an impact on the environment.

1.Environmental, health, and safety (EHS) regulatory non.compliance Threats 2.Commodity price volatility 3.Change in government regulations has a direct impact on Suncor's business, financial condition, results of operations, and cash flow Competition

1.BP Plc 2.Chevron Corporation Competitors 3.ConocoPhillips 4.EnCana Corporation 5.ExxonMobil Corporation



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