US EditionSuncor 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.
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The Peterborough Examiner+11 Reposted by 11 other sources
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.
·Peterborough, Canada
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