Suncor Energy (TSE:SU) has released an update.
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Suncor Energy Inc. has reported a strong first quarter in 2024, with a record-breaking Oil Sands production and the highest first quarter refinery throughput in its history. Financially, the company saw an increase in adjusted funds from operations to $3.169 billion and adjusted operating earnings to $1.817 billion. Additionally, Suncor enhanced shareholder value by returning $1.0 billion through dividends and share repurchases and launched a new loyalty partnership with Canadian Tire Corporation.
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