TSX:SUOil and Gas
Did Suncor’s 2026 Output Boost and C$3.3B Buyback Just Shift Its (TSX:SU) Investment Narrative?
Suncor Energy has released its 2026 corporate guidance, forecasting total production of 840,000 to 870,000 barrels per day, alongside lower capital spending and high refinery utilization of 99% to 102%.
The company is pairing this planned production growth with a 10% increase in monthly share buybacks to C$275 million, targeting C$3.30 billion of repurchases in 2026 to reinforce its focus on shareholder returns.
Next, we’ll examine how Suncor’s higher 2026 production targets and expanded...