Michael MacSween - Suncor Energy Executive Vice President - Upstream

SU Stock  CAD 54.83  0.47  0.85%   

President

Mr. Michael R. MacSween is an Executive Vice President Upstream of the Company. Mr. MacSween was appointed Suncors Executive Vice President, Upstream in December 2017. In this role, he leads all of Suncors operated and nonoperated oil sands, in situ, and exploration and production assets. Mr. MacSween most recently served as Executive Vice President, Major Projects where he was accountable for the safe and costeffective engineering, procurement and construction activities for Suncors growth projects in the upstream, downstream and renewable energy portfolios. since 2017.
Tenure 8 years
Professional MarksMBA
Address 6th Avenue S.W, Calgary, AB, Canada, T2P 3E3
Phone403 296 8000
Webhttps://www.suncor.com
is Executive Vice President Major Projects of Suncor Energy Inc. He leads engineering, procurement and construction for growth projects across the company in the upstream, downstream and renewable energy portfolios. Since joining Suncor in 1996, Mike has held a variety of leadership roles including vicepresident, Upgrading, and vicepresident, Strategy and Development. Mike most recently served as senior vicepresident, In Situ. Prior to joining Suncor he held positions at Betz Process Chemicals Inc. and Shell Canada Inc. He holds a bachelor of science degree in chemical engineering from the University of New Brunswick and a master of business administration from Queen’s University in Kingston, Ontario.

Suncor Energy Management Efficiency

The company has return on total asset (ROA) of 0.0706 % which means that it generated a profit of $0.0706 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1371 %, meaning that it generated $0.1371 on every $100 dollars invested by stockholders. Suncor Energy's management efficiency ratios could be used to measure how well Suncor Energy manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Suncor Energy's Return On Tangible Assets are very stable compared to the past year. As of the 27th of February 2025, Return On Assets is likely to grow to 0.09, while Return On Capital Employed is likely to drop 0.12. At this time, Suncor Energy's Return On Tangible Assets are very stable compared to the past year. As of the 27th of February 2025, Return On Assets is likely to grow to 0.09, while Other Assets are likely to drop about 760 M.
Suncor Energy has accumulated 15.8 B in total debt with debt to equity ratio (D/E) of 0.58, which is about average as compared to similar companies. Suncor Energy has a current ratio of 0.96, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Suncor Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Suncor Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Suncor Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Suncor to invest in growth at high rates of return. When we think about Suncor Energy's use of debt, we should always consider it together with cash and equity.

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Suncor Energy Inc. operates as an integrated energy company. Suncor Energy Inc. was founded in 1917 and is headquartered in Calgary, Canada. SUNCOR ENERGY operates under Oil Gas Integrated classification in Canada and is traded on Toronto Stock Exchange. It employs 12889 people. Suncor Energy (SU) is traded on Toronto Exchange in Canada and employs 31 people. Suncor Energy is listed under Oil, Gas & Consumable Fuels category by Fama And French industry classification.

Management Performance

Suncor Energy Leadership Team

Elected by the shareholders, the Suncor Energy's board of directors comprises two types of representatives: Suncor Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Suncor. The board's role is to monitor Suncor Energy's management team and ensure that shareholders' interests are well served. Suncor Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Suncor Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Mark Little, President, Chief Executive Officer, Director
Michael Wilson, Independent Chairman of the Board
Shawn Poirier, Assistant Sec
Richard Kruger, CEO President
Jacqueline Moore, General Secretary
Kristopher Smith, Executive Vice President - Downstream
Dennis Houston, Independent Director
Karen Keegans, Chief Officer
Kent Ferguson, Sustainability Strategy
Brian MacDonald, Independent Director
Michael MacSween, Executive Vice President - Upstream
Trevor Bell, VP Relations
Patricia Bedient, Independent Director
David Oldreive, Executive Downstream
Arnel Santos, Senior Logistics
Paul Gardner, Senior Vice President - Human Resources
Troy Little, Senior Affairs
Peter Zebedee, Executive Sands
John Gass, Independent Director
Alister Cowan, Chief Financial Officer, Executive Vice President
Adam Albeldawi, Chief Officer
Martha Findlay, Chief Sustainability Officer
Eira Thomas, Independent Director
Stephen Reynish, Executive Vice President - Strategy & Operations Services
Mel Benson, Independent Director
Shelley Powell, Senior Services
Dave Oldreive, Executive Downstream
Arlene Strom, Senior Vice President General Counsel and Corporate Secretary
Bruno Francoeur, Chief Transformation Officer
Maureen McCaw, Independent Director
Lorraine Mitchelmore, Independent Director

Suncor Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Suncor Energy a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Suncor Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Suncor Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Suncor Energy will appreciate offsetting losses from the drop in the long position's value.

Moving against Suncor Stock

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The ability to find closely correlated positions to Suncor Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Suncor Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Suncor Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Suncor Energy to buy it.
The correlation of Suncor Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Suncor Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Suncor Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Suncor Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Suncor Energy is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Suncor Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Suncor Energy Stock. Highlighted below are key reports to facilitate an investment decision about Suncor Energy Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Suncor Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Suncor Stock, please use our How to Invest in Suncor Energy guide.
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Please note, there is a significant difference between Suncor Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Suncor Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Suncor Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.