SU News & Events

Suncor Energy published its 2026 Investor Day presentation which outlines a new 3-year improvement plan. As a result, Suncor is increasing its annual share repurchases by over 20% to a revised projection of C$4B for 2026. Investor Day Highlights: C$2B increase in normalized free funds flow by 2028; US$5 per barrel reduction in corporate WTI breakeven to US$38 per barrel by 2028 100,000 barrels per day of upstream production growth by 2028; 10% increase in refining network nameplate capacity to 511,000 barrels per day; 11 billion barrel increase to contingent resources, total of 30 billion barrels with no exploration risk; 400,000 barrels per day of future production capacity at an average cost of $30,000 per flowing barrel.

Suncor Energy published its 2026 Investor Day presentation which outlines a new 3-year improvement plan. As a result, Suncor is increasing its annual share repurchases by over 20% to a revised projection of $4B for 2026. Investor Day Highlights: $2B increase in normalized free funds flow by 2028; $5 per barrel reduction in corporate WTI breakeven to $38 per barrel by 2028 100,000 barrels per day of upstream production growth by 2028; 10% increase in refining network nameplate capacity to 511,000 barrels per day; 11 billion barrel increase to contingent resources, total of 30 billion barrels with no exploration risk; 400,000 barrels per day of future production capacity at an average cost of $30,000 per flowing barrel.