| Suncor Energy is an energy company. Co.'s operations include oil sands development, production and upgrading; offshore oil and gas; petroleum refining in Canada and the U.S.; and Co.'s Petro-Canada retail and wholesale distribution networks (including Canada's Electric Highway, a coast-to-coast network of fast-charging electric vehicle stations). Co. also conducts energy trading activities focused principally on the marketing and trading of crude oil, natural gas, byproducts, refined products and power. Co. has classified its operations into the following segments: Oil Sands, Exploration and Production, Refining and Marketing, and Corporate and Eliminations. We show 14 historical shares outstanding datapoints in our SU shares outstanding history coverage, used to compute SU market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SU market cap history over the course of time is important for investors
interested in comparing SU's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of SU versus a peer is one thing; comparing
SU market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like SU can fluctuate over the course of history.
With this page we aim to empower investors researching SU by allowing them to research the SU market cap history.