
Suncor reports Q1 FFO C$2.46 vs. C$2.46 last year
The company states: 'Total Oil Sands bitumen production increased to 937,300 bbls/d in the first quarter of 2025, compared to 932,100 bbls/d in the prior year quarter, and included record first quarter Firebag production.' 'Our strong first quarter financial and operating performance maintained the momentum established in 2024, as we remain laser focused on continuing to deliver safe, reliable, and cost-effective operations. Our results demonstrate this commitment, as represented by record performance across both the upstream and downstream,' said Rich Kruger, Suncor's (SU) CEO. 'Our focus on the fundamentals, integrated business model, and continually improving cost structure enable us to deliver free funds flow and shareholder value despite the current volatile business environment.'
Protect Your Portfolio Against Market Uncertainty

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Bloomberg
a day ago
- Bloomberg
Canada's Oil Sands Emissions Intensity Falls for Sixth Year
Canada's oil sands industry reduced its emissions per barrel for the sixth straight year in 2023, even as one growing portion of the sector moved in the opposite direction, according to new Alberta government data released Thursday. The emissions intensity of all oil sands sites fell to the equivalent of 0.399 metric tons of carbon dioxide per cubic meter of bitumen produced, down from 0.404 in 2022, the data show. The gain reflects improvements at oil sands mines, where bitumen is dug from the ground. However, in situ oil sands, which use wells similar to traditional oil producers, saw emissions per barrel rise.


Bloomberg
2 days ago
- Bloomberg
Alberta Wildfire Danger Eases With Rain as Oil Output Restored
A second day of rain slowed the spread of wildfires in Alberta, allowing some oil sands production to be restored. Conditions Wednesday were a stark contrast to the explosive spread of blazes last week that forced evacuations and at one point shut about 7% of Canada's daily oil production.

Yahoo
5 days ago
- Yahoo
MT Newswires Canada Stocks To Watch: Cenovus; Digi Power; First Quantum; Stantec
Cenovus Energy Inc. (TSX and NYSE: CVE) provided an update on its Oil Sands operations following ong Sign in to access your portfolio