Third Point LLC is an SEC-registered investment adviser founded in 1995 and based in New York City. Led by Chief Executive Officer Daniel S. Loeb, the firm specializes in event-driven, value-oriented investing, focusing on situations where anticipated catalysts can unlock value. With approximately $5 billion in assets under management, Third Point employs a team of professionals dedicated to investment activity, risk management, and trading, supported by experts in accounting, operations, investor relations, and compliance. The firm also has a venture capital arm, Third Point Ventures, which was established in 2000 and operates from Menlo Park, California. Third Point Ventures focuses on early-stage investments and growth capital across various sectors, including consumer technology, fintech, healthcare, and more, aiming to support innovative companies in their development.
Suncor Energy Inc. is an integrated energy company based in Canada, primarily focused on developing the petroleum resources of the Athabasca oil sands, one of the largest petroleum basins in the world. Founded in 1917, Suncor specializes in the production of synthetic crude oil and operates in several segments, including Oil Sands, Exploration and Production, and Refining and Marketing. The Oil Sands segment involves the recovery and upgrading of bitumen, while the Exploration and Production segment encompasses offshore operations in the North Sea and the east coast of Canada, as well as onshore assets in Libya and Syria. Additionally, the company refines crude oil into various petroleum and petrochemical products and markets them through its Petro-Canada retail and wholesale networks. Suncor is also committed to transitioning towards a low-emissions future, investing in renewable energy sources, including wind power, and engaging in energy trading activities.
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