Latest news with #KrisSmith
Globe and Mail
15 hours ago
- Business
- Globe and Mail
Suncor Energy to release second quarter 2025 financial results
Calgary, Alberta--(Newsfile Corp. - July 22, 2025) - Suncor Energy (TSX: SU) (NYSE: SU) will release its second quarter financial results on August 5, 2025 before 5:00 p.m. MT (7:00 p.m. ET). A webcast to review the second quarter will be held on August 6, 2025 at 7:30 a.m. MT (9:30 a.m. ET). Representing management will be Rich Kruger, President and Chief Executive Officer and Kris Smith, Chief Financial Officer. A question and answer period with analysts will follow brief remarks from management. Troy Little, Senior Vice President, External Affairs will host the call. To listen to the webcast please follow the instructions provided at The event will be archived for 90 days. Suncor Energy is Canada's leading integrated energy company. Suncor's operations include oil sands development, production and upgrading; offshore oil production; petroleum refining in Canada and the U.S.; and the company's Petro-Canada TM retail and wholesale distribution networks (including Canada's Electric Highway TM, a coast-to-coast network of fast-charging EV stations). Suncor is developing petroleum resources while advancing the transition to a lower-emissions future through investments in lower emissions intensity power, renewable feedstock fuels and projects targeting emissions intensity. Suncor also conducts energy trading activities focused primarily on the marketing and trading of crude oil, natural gas, byproducts, refined products and power. Suncor's common shares (symbol: SU) are listed on the Toronto and New York stock exchanges. For more information about Suncor, visit our website at
Yahoo
15 hours ago
- Business
- Yahoo
Suncor Energy to release second quarter 2025 financial results
Calgary, Alberta--(Newsfile Corp. - July 22, 2025) - Suncor Energy (TSX: SU) (NYSE: SU) will release its second quarter financial results on August 5, 2025 before 5:00 p.m. MT (7:00 p.m. ET). A webcast to review the second quarter will be held on August 6, 2025 at 7:30 a.m. MT (9:30 a.m. ET). Representing management will be Rich Kruger, President and Chief Executive Officer and Kris Smith, Chief Financial Officer. A question and answer period with analysts will follow brief remarks from management. Troy Little, Senior Vice President, External Affairs will host the call. To listen to the webcast please follow the instructions provided at The event will be archived for 90 days. Suncor Energy is Canada's leading integrated energy company. Suncor's operations include oil sands development, production and upgrading; offshore oil production; petroleum refining in Canada and the U.S.; and the company's Petro-CanadaTM retail and wholesale distribution networks (including Canada's Electric HighwayTM, a coast-to-coast network of fast-charging EV stations). Suncor is developing petroleum resources while advancing the transition to a lower-emissions future through investments in lower emissions intensity power, renewable feedstock fuels and projects targeting emissions intensity. Suncor also conducts energy trading activities focused primarily on the marketing and trading of crude oil, natural gas, byproducts, refined products and power. Suncor's common shares (symbol: SU) are listed on the Toronto and New York stock exchanges. For more information about Suncor, visit our website at Media inquiries: (833) 296-4570 media@ Investor inquiries: invest@ To view the source version of this press release, please visit
Daily Mail
03-07-2025
- Entertainment
- Daily Mail
Kris Smith does not look like this anymore! Former Myer model reveals his wild new appearance during stroll with wife Sarah Boulazeris
Kris Smith looked almost unrecognisable this week when he stepped out with his wife Sarah Boulazeris. The couple, who have been married for nearly three years, were enjoying some quality time in Melbourne with their faithful pooch. The former rugby league star, 46, was just as well known for his modelling talent as he was for his on-field abilities. As a long-serving ambassador for Myer, Kris often flaunted his sartorial style at various events for the department store chain. But Kris was a far cry from the catwalk on Wednesday, going rather casual for the couple's outing. From A-list scandals and red carpet mishaps to exclusive pictures and viral moments, subscribe to the DailyMail's new showbiz newsletter to stay in the loop. Fans would almost have to do a double-take if they passed him in the street, with Kris now sporting a shock of salt-and-pepper facial hair. His beard was also a tad longer than the Jason Statham-esque 'designer stubble' he was previously known for. Kris rugged up against the inclement Melbourne weather in a dark blue sweatshirt. He also wore a pair of plain white shorts that finished just above the knee, exposing his chiselled and well-toned legs. Kris finished his ensemble with a pair of white joggers and a pair of white Adidas socks that were pulled up to his shin. Sarah, 34, meanwhile, also cut quite a casual and comfortable figure in a light-grey sweatshirt. The former Australia's Next Top Model star also wore a pair of form-fitting, navy blue leggings and a pair of well-worn joggers. She wore her raven locks back for the occasion, tying her hair back in a ponytail. The couple looked happy to be in each other's company on the child-free outing, smiling as Kris dutifully held on to the equally happy pooch's lead. Kris and Sarah began dating in 2017, and became the proud parents of daughter Mila in 2018, before welcoming Frankie the following year. Kris proposed to his long-time partner in December 2020. The pair were celebrating their daughter Frankie's first birthday with a party in their backyard when Kris asked for Sarah for her hand in marriage. At the time, he captioned a gallery of charming photos on Instagram: '2020 wasn't all bad... she said yes.' The pair eventually tied the knot in Melbourne's Yarra Valley in October 2022. Ahead of the wedding, Kris told the Herald Sun the couple's three children would be taking part in the ceremony. 'Ethan is going to be in a beautiful suit and my girls will have their wedding dresses made which will be very similar to their mum's,' he said. He added it would be an emotional event and there was no way he would be able to 'keep a dry eye'. The fact that Kris was the one who proposed may have surprised fans, as earlier this year he'd insisted he would not marry Sarah unless she was the one to propose. He told fans during an Instagram Q&A session: 'I get asked this a lot... When will I marry Sarah? 'When she gets off her a** and proposes! It's 2020 now, she needs to propose, put a ring on it.' Kris also shares a son, Ethan with ex Danni Minogue, who he was in a long-term relationship with from 2008 to 2012. In 2019, the couple decided to move their family to Melbourne from Sydney after residing in the city for years. 'We did it, we uprooted the whole family our whole life's and we moved back to Melbourne,' Kris told his fans at the time. 'It was hard to leave the beautiful Sydney beaches and weather, but Melbourne is now to be our home... Looking forward to this new chapter,' he added. The couple shared a photo of Sarah at the airport with a stack of suitcases as she carried their little girl in a baby carrier on her chest.
Yahoo
10-05-2025
- Business
- Yahoo
Suncor, MEG Energy CEOs strike confident note even as oil falls to US$50-range
Top executives at Canadian oil producers Suncor Energy ( and MEG Energy ( say 2025 is off to a strong start despite falling commodity prices. The Calgary-based companies reported first-quarter financial results after Tuesday's closing bell. West Texas Intermediate (WTI) oil averaged US$71.54 per barrel in the first three months of 2025. Since then, the U.S. benchmark price has tumbled into the US$50-range amid accelerated OPEC+ output hikes, and recession fears linked to U.S.-China trade disputes. WTI has fallen over 20 per cent since early April. Speaking on a post-earnings conference call on Wednesday, Suncor chief executive officer Rich Kruger boasted that Suncor is 'rebuilt for this business environment,' with a stronger balance sheet and lower breakeven costs, following his overhaul of the company beginning in 2023. 'There was obviously a lot of uncertainty around the impact of U.S. tariffs,' chief finance officer Kris Smith added. 'But in the end, commodity prices across the quarter remained constructive.' '2024 was a good year,' Kruger said. '2025 is off to a good start.' Suncor's first-quarter financial results topped analyst estimates, booking a nearly five per cent annualized increase in net earnings, and stronger upstream production. Toronto-listed shares closed 2.83 per cent lower at $46.99 on Wednesday. Meanwhile, MEG Energy reported its first-quarter profit more than doubled from a year earlier, after Tuesday's closing bell. CEO Darlene Gates says her company has the "agility" to navigate tough oil markets while continuing to reward shareholders. 'OPEC+ production management decisions and geopolitical tensions are driving market volatility, creating uncertainty, and exerting downward pressure on oil prices. We've successfully navigated these cycles before,' Gates told analysts on a conference call on Wednesday. 'With oil prices under pressure, we remain focused on maintaining flexibility and discipline. Our low breakeven price ensures we are well-positioned, and we have the ability to adjust spending as needed.' On Tuesday, TD Bank economist Marc Ercolao called for WTI to trade between US$55 and US$60 per barrel until there is more clarity around the tariff picture and OPEC supply plans for the second half of the year. TD Bank cut its 2025 WTI forecast to an average of US$62 per barrel, versus its US$67 per barrel prediction in March. The move tracks expectations of other observers lowering their price estimates for crude this year. 'Canada's energy sector is not immune to the current economic headwinds, but it is still decently positioned for continued output growth and increased capital spending, albeit at a more moderate pace,' Ercolao wrote in a research note. "Canadian producers will still face difficulties in production planning, especially if U.S. demand begins to ease, but a lower breakeven advantage – estimated at under US$50 per barrel – should keep activity moving in the oilpatch." Jeff Lagerquist is a senior reporter at Yahoo Finance Canada. Follow him on Twitter @jefflagerquist. Download the Yahoo Finance app, available for Apple and Android. Sign in to access your portfolio
Calgary Herald
07-05-2025
- Business
- Calgary Herald
Suncor production hits record high, but sales volumes slow as inventory builds
A strong performance from Suncor Energy Inc.'s downstream operations, including record refinery throughputs and refined product sales, helped it beat analysts' first-quarter earnings expectations. Article content Article content The Calgary-based oilsands major 's adjusted operating earnings of $1.6 billion in the three months ending March 31 were down from $1.8 billion a year ago, but still beat analysts' expectations. Article content Article content Boasting about Suncor's ability to capture margin opportunities in the refining business relative to its peers, chief executive Rich Kruger said the company has emphasized running facilities at full capacity, driving down unit costs and trusting marketing teams to sell the product rather than throttling throughputs to meet anticipated demand. Article content Article content 'Last time I checked, I can never sell a barrel that I don't produce or refine,' he said on a conference call on Wednesday. 'We've turned that around and said, 'Get after it and we'll find valuable homes.' And I think our teams have risen to that opportunity.' Article content Suncor achieved record refined product sales of 604,900 bbls/day in the first quarter, compared to 581,000 bbls/d in the same period last year, driven by higher refinery throughputs and fuel sales across the company's retail Petro-Canada network. Article content For the third consecutive quarter, the company's refining utilization was above 100 per cent, with Suncor's refineries processing a record 483,000 bbl/d during the quarter, compared to 455,300 bbls/d a year ago, equating to a 104 per cent utilization rate. Article content Article content The company also had record upstream production of 853,200 barrels per day (bbls/d), marking a new high for the company, in part due to record-setting bitumen production at its Firebag in-situ mining facility and the resumption of offshore production at its White Rose facility in Newfoundland and Labrador. Article content Article content Capital spending was $1.09 billion, which was below analysts' estimates for the first quarter, but in line with Suncor's 2025 guidance that targeted a midpoint capital spending program of $6.2 billion, according to RBC Capital Markets. Article content Despite the upbeat tone on Wednesday's earnings call with investors, the company acknowledged there are headwinds on the horizon, with prices currently bouncing around US$60 per barrel for benchmark West Texas Intermediate. Suncor said WTI averaged around US$71.40/bbl during the first quarter of 2025. Article content 'I'm very pleased that the significant strides we've made over the last two years to improve our operational and financial performance significantly reduce our WTI break-even and strengthen our balance sheet,' chief financial officer Kris Smith said on the call.
