TSX:SUOil and Gas
Did Record Production and Buybacks Just Shift Suncor Energy's (TSX:SU) Investment Narrative?
In the past week, Suncor Energy Inc. reported its second quarter 2025 earnings, revealing sales of CA$12.75 billion and net income of CA$1.13 billion, alongside record upstream production of 808,100 barrels per day for the first half of the year.
The company also affirmed a quarterly dividend and completed a repurchase of over 24.3 million shares, marking a 1.95% reduction in shares outstanding for CA$1.25 billion, highlighting its ongoing commitment to shareholder returns amid fluctuating...