Welcome to our dedicated page for Suncor Energy news (Ticker: SU), a resource for investors and traders seeking the latest updates and insights on Suncor Energy stock.
Suncor Energy reports news as a Canadian integrated energy company with operations across oil sands mining and in situ production, upgrading, offshore production, petroleum refining in Canada and the U.S., marketing and trading, and Petro-Canada retail and wholesale networks.
Recurring company updates cover quarterly financial and operating results, upstream production, refining throughput, refined product sales, dividends, normal course issuer bid activity, investor day materials, contingent resources reporting, and annual meeting governance matters such as auditor appointment, executive compensation votes, director elections, and climate-related risk oversight proposals.
Elliott Investment Management, a significant investor in Suncor Energy (NYSE: SU), issued a statement on Suncor’s leadership transition. Elliott congratulates Rich Kruger on his planned move from President and CEO to Executive Vice Chair, effective April 2027, and supports Peter Zebedee as his CEO successor.
Elliott credits Kruger with transforming Suncor and backing an ambitious three-year plan announced earlier in 2026. The firm expects Suncor to benefit from Kruger’s continued involvement and highlights Zebedee’s operational expertise and knowledge of the business.
Suncor Energy (TSX/NYSE: SU) announced a planned leadership transition in which current President and CEO Rich Kruger will become Executive Vice Chair in April 2027. Peter Zebedee, now Executive Vice President Upstream, will assume the President and CEO role at that time.
To support succession, Zebedee will be appointed President and Chief Financial Officer on September 14, 2026, overseeing all non-operating functions. On the same date, Adam Albeldawi will become Executive Vice President Upstream, and Shelley Powell will become Executive Vice President Development and Projects. Former CFO Troy Little is no longer with the company.
Suncor Energy (TSX/NYSE: SU) reported Q2 2026 net earnings of $3.7 billion ($3.17 per share), up from $1.1 billion a year earlier. Adjusted operating earnings were $3.8 billion ($3.23 per share) and adjusted funds from operations matched a quarterly record at $5.3 billion ($4.52 per share).
Free funds flow rose to $4.0 billion ($3.38 per share), while net debt declined to $4.5 billion from $7.7 billion in Q2 2025. Suncor returned $1.8 billion to shareholders through over $1.0 billion of share repurchases and more than $700 million in dividends, and plans to increase monthly buybacks to $500 million starting August 2026, projecting $4.7 billion in 2026 repurchases.
Total upstream production was 761,000 bbls/d, below 808,100 bbls/d a year earlier, reflecting planned maintenance and lower non-upgraded bitumen. The downstream segment delivered record Q2 refinery throughput of 471,000 bbls/d and record refined product sales of 655,000 bbls/d, supported by strong margins and higher utilization.
Suncor Energy (TSX: SU, NYSE: SU) declared a quarterly dividend of $0.60 per common share, with all figures in Canadian dollars. The dividend is payable on September 25, 2026, to shareholders of record as of the close of business on September 4, 2026.
Suncor describes itself as a leading integrated energy company with operations across the energy value chain and notes its focus on safety, operational excellence, profitability, and long-term shareholder value. Its common shares trade on both the Toronto and New York stock exchanges under the symbol SU.
Suncor Energy (TSX/NYSE: SU) plans to release its second quarter 2026 financial results on August 4, 2026 before 5:00 p.m. MT (7:00 p.m. ET). A results webcast and analyst Q&A will follow on August 5, 2026 at 7:30 a.m. MT (9:30 a.m. ET).
Suncor Energy (TSX: SU) held its Annual General Meeting on May 5, 2026, with 842,465,674 shares represented (about 71.05% of outstanding common shares).
Shareholders elected ten directors (nine independent) with individual director support ranging from 92.12% to 99.16%, approved management's executive compensation with 94.72% support, appointed KPMG LLP as auditors, and rejected a climate-governance report proposal with 80.39% voting against.
Suncor (TSX: SU, NYSE: SU) reported Q1 2026 results on May 5, 2026: adjusted funds from operations of C$4.03 billion and free funds flow of C$2.91 billion. The company returned C$1.54 billion to shareholders, including C$825 million in buybacks and C$0.60/share dividend.
Operational records included upstream production of 875,200 bbls/d, refinery throughput of 497,800 bbls/d, and refined product sales of 680,900 bbls/d. 2026 share repurchases were increased, targeting nearly C$4 billion for the year.
Suncor Energy (TSX: SU / NYSE: SU) declared a quarterly common share dividend of $0.60 per share, payable June 25, 2026, to shareholders of record at the close of business on June 4, 2026. The announcement reiterates Suncor's integrated energy operations across oil sands, refining, offshore production, marketing and Petro-Canada retail networks.
Shareholder contact and media contact details are provided; more information is available at suncor.com.
Suncor Energy (TSX: SU / NYSE: SU) will release first quarter 2026 financial results on May 5, 2026 before 5:00 p.m. MT (7:00 p.m. ET). A webcast to review the quarter will be held on May 6, 2026 at 7:30 a.m. MT (9:30 a.m. ET) with a follow-up analyst Q&A.
Investors can access the live webcast via the company's investor events page; the event will be archived for 90 days. Contact details for media and investor inquiries are provided on Suncor's website.
Suncor Energy (TSX: SU / NYSE: SU) announced a 3-year improvement plan at its 2026 Investor Day and increased annual share repurchases by over 20% to a projected $4 billion for 2026. Key targets include $2 billion of additional normalized free funds flow by 2028 and a US$5/bbl reduction in WTI breakeven to US$38/bbl by 2028.
Other highlights: 100,000 bpd upstream growth by 2028, 10% refining capacity increase to 511,000 bpd, an 11 billion barrel increase in contingent resources (total 30 billion barrels), and 400,000 bpd future capacity at an average cost of $30,000 per flowing barrel. The presentation is webcast and contingent resources filed on SEDAR+, EDGAR and company website.