Suncor Energy reports second quarter 2025 results

Second Quarter Highlights

  • Generated $2.7 billion in adjusted funds from operations and $1.0 billion in free funds flow.
  • Returned $1.45 billion to shareholders, with $750 million in share repurchases and $700 million in dividends.
  • Record second quarter upstream production of 808,000 bbls/d and record first half production of 831,000 bbls/d.
  • Record second quarter refinery throughput of 442,000 bbls/d and record first half throughput of 462,000 bbls/d.
  • Executed major upstream and downstream turnaround activity safely and ahead of schedule.
  • Completed the Upgrader 1 coke drum replacement project ahead of schedule in early July.
  • Reduced 2025 capital guidance by $400 million, reflecting strong execution performance and capital discipline.

“What stands out the most about our strong second quarter is the outstanding execution of major upstream and downstream turnaround activities, completed safely and ahead of schedule,” said Rich Kruger, President and Chief Executive Officer. “This performance was a key driver behind Suncor’s record-setting second quarter and first half volumes results and positions us extremely well for a strong second half of the year. The quarter once again demonstrates our unwavering commitment and focus on delivering superior results for our shareholders.”

https://www.barchart.com/story/news/33901964/suncor-energy-reports-second-quarter-2025-results

Comments

Leave a Reply