Suncor reports highest-ever Q1 production and refinery throughput
- Suncor Energy Inc. Reported its highest-ever first-quarter production, refining, and product sales for Q1 2025 on May 6, 2025.
- This performance followed continued focus on fundamentals, an integrated business model, and cost improvements despite volatility in the business environment.
- Suncor produced 853,000 barrels of oil, refined 483,000 barrels, and sold 605,000 barrels daily in the first quarter, marking record segment outputs.
- CEO Rich Kruger emphasized that the company's solid results in the first quarter built upon the progress made throughout 2024, reporting adjusted operating earnings of $1.63 billion and net earnings of $1.69 billion.
- Despite lower crude oil sales causing a slight adjusted earnings decrease, Suncor achieved higher net earnings and shareholder value with gross revenues of $13.33 billion.
19 Articles
19 Articles

Suncor reports highest-ever Q1 production and refinery throughput
CALGARY - Oilsands giant Suncor Energy Inc. says said it had its strongest-ever first-quarter performance in its production, refining and refined product sales segments.
Suncor Achieves Record-Setting First-Quarter Production and Strong Earnings
Suncor posts strong first-quarter earnings and record production results CALGARY — Suncor Energy Inc. is reporting strong financial and operational performance in the first quarter of 2025, highlighted by record upstream production and refining throughput. The Calgary-based energy company generated more than $3 billion in adjusted funds from operations and $1.9 billion in free funds flow during the quarter. Shareholder returns totalled $1.5 bill…
Canada’s Suncor says it could cut 2026 capital spending if low oil prices persist – Oil & Gas 360
(BOE Report) – Canada’s second-largest oil producer Suncor Energy said on Wednesday a recent cost-cutting campaign had set it up well to weather lower global oil prices, but did not rule out reducing capital spending next year if weaker economic conditions persist. CEO Rich Kruger told analysts on a conference call that Suncor has not changed its 2025 capital budget range of C$6.1 billion ($4.43 billion) to C$6.3 billion, and already planned to s
Coverage Details
Bias Distribution
- 90% of the sources lean Left
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage