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Suncor Energy’s Record-Breaking First Quarter

Suncor Energy’s Record-Breaking First Quarter

Suncor Energy (TSE:SU) has released an update.

Suncor Energy has reported a strong first quarter in 2024, with $3.2 billion in adjusted funds from operations and a record upstream production of 835,000 barrels per day. The company also achieved its highest ever first-quarter refining throughput at 455,000 barrels per day with 98% overall utilization. Additionally, Suncor returned $1.0 billion to shareholders through dividends and share repurchases.

For further insights into TSE:SU stock, check out TipRanks’ Stock Analysis page.

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