Suncor Energy (TSE:SU) has released an update.
Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
Suncor Energy has reported a strong first quarter in 2024, with $3.2 billion in adjusted funds from operations and a record upstream production of 835,000 barrels per day. The company also achieved its highest ever first-quarter refining throughput at 455,000 barrels per day with 98% overall utilization. Additionally, Suncor returned $1.0 billion to shareholders through dividends and share repurchases.
For further insights into TSE:SU stock, check out TipRanks’ Stock Analysis page.