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Subsidiaries (Tables)
12 Months Ended
Dec. 31, 2023
Subsidiaries  
Schedule of material subsidiaries

Material subsidiaries, either directly or indirectly, by the company as at December 31, 2023 are shown below:

Material Subsidiaries

Principal Activity

 

Canadian Operations

Suncor Energy Oil Sands Limited Partnership

This partnership holds most of the company’s Oil Sands operations assets.

Suncor Energy Ventures Corporation

A subsidiary which indirectly owns a 36.74% ownership in the Syncrude joint operation.

Suncor Energy Ventures Partnership

A subsidiary which owns a 22% ownership in the Syncrude joint operation.

Suncor Energy Products Partnership

This partnership holds substantially all of the company’s Canadian refining and marketing assets.

Suncor Energy Marketing Inc.

This subsidiary markets production from the upstream Canadian businesses. It also administers Suncor’s energy trading activities and power business, markets certain third-party products, procures crude oil feedstock and natural gas for its downstream business, and procures and markets natural gas liquids (NGLs) and liquefied petroleum gas (LPG) for its downstream business.

U.S. Operations

Suncor Energy (U.S.A.) Marketing Inc.

A subsidiary that procures, markets and trades crude oil, in addition to procuring crude oil feedstock for the company’s refining operations.

Suncor Energy (U.S.A.) Inc.

A subsidiary through which the company’s U.S. refining and marketing operations are conducted.