Suncor Energy ( (SU) ) has released its Q2 earnings. Here is a breakdown of the information Suncor Energy presented to its investors.
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Suncor Energy, a leading integrated energy company in Canada, is involved in oil sands development, offshore oil production, petroleum refining, and retail distribution. In its second quarter of 2025, Suncor reported strong operational performance with record upstream production and refinery throughput. The company generated $2.7 billion in adjusted funds from operations and returned $1.45 billion to shareholders through dividends and share repurchases. Key highlights include a record upstream production of 808,000 barrels per day and refinery throughput of 442,000 barrels per day. Despite a decrease in net earnings to $1.134 billion due to lower upstream price realizations, Suncor maintained consistent operating expenses. Looking ahead, Suncor has reduced its 2025 capital guidance, reflecting strong execution and capital discipline, positioning the company for a robust second half of the year.