Published in Energy & Power category by MBA Skool Team
Suncor Energy is one of the leading brands in the energy & power sector. Suncor Energy SWOT analysis evaluates the brand by its strengths & weaknesses which are the internal factors along with opportunities & threats which are the external factors. Let us start the SWOT Analysis of Suncor Energy:
Integrated energy operations in which crude production, upgrading, refining, and marketing operations are all connected to a single strategy
Ranks in the Forbes Global 2000 list
Collaboration with strong brands like PetroCanada to strengthen its operations
Strong transportation network
Working collaboratively with vendors on technological innovations and to improve equipment performance
Efficient Oil sand production
Globally competitive integrated energy company with a balanced portfolio of high.quality assets, a strong balance sheet and significant growth prospects
Above are the strengths in the SWOT Analysis of Suncor Energy. The strengths of Suncor Energy looks at the key internal factors of its business which gives it competitive advantage in the market and strengthens its position.
Suncor Energy Weaknesses
High dependence on the Canadian market is a concern
Nature of operations invite environmental compliance
These were the weaknesses in the Suncor Energy SWOT Analysis. The weaknesses of a brand are certain aspects of its business which it can improve.
Suncor Energy Opportunities
Ten year growth strategy plan whichinclude 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 international and offshore operations
Development of alternate energy sources
Develoment of Firebag oil sands project to increase bitumen supply while reducing costs and an impact on the environment.
Above we covered the opportunities in Suncor Energy SWOT Analysis. The opportunities for any brand can include prospects of future growth.
Suncor Energy Threats
Environmental, health, and safety (EHS) regulatory non.compliance
Commodity price volatility
Change in government regulations has a direct impact on Suncor's business, financial condition, results of operations, and cash flow
The threats in the SWOT Analysis of Suncor Energy are as mentioned above. The threats for any business can be external factors which can negatively impact its business.
Pioneered commercial development of Canada's oil sands — one of the largest petroleum resource basins in the world
Suncor Energy STP
Corporates and individuals in North America, Libya and Syria looking to fulfill energy needs
Enterprises looking to produce energy , people who depend on petrol, diesel for vehicles in North America, Libya and Syria
Full filing the energy needs of Corporates and individuals
This article has been researched & authored by the Content & Research Team. It has been reviewed & published by the MBA Skool Team. The content on MBA Skool has been created for educational & academic purpose only.
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