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Suncor Energy Inc
Symbol SU
Shares Issued 1,244,604,574
Close 2025-01-08 C$ 55.09
Market Cap C$ 68,565,265,982
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Post/CP say Suncor breaks own production record in 2024

2025-01-09 09:27 ET - In the News

The Financial Post reports in its Thursday edition that Suncor Energy says it broke its own record for oil and gas production in 2024. A Canadian Press dispatch to the Post says that the Calgary energy giant says it achieved record annual production of 827,000 barrels per day, a 10.9-per-cent increase from 2023 and 17,000 barrels per day above its own forecast. The company also says it achieved record quarterly production in the fourth quarter of 2024 of 874,000 barrels per day, an increase of 66,000 barrels per day year-over-year. Suncor says it also tied its own quarterly record for refining throughput in the fourth quarter of 2024, at 487,000 barrels per day. Canadian oil-sands giants benefited in 2024 from the opening of the federally owned Trans Mountain pipeline expansion, which gave the industry new export capacity and room to grow their production.

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