Suncor's 2025 Outlook: Production Growth and Capex Reduction

Suncor Energy Inc. (SU) recently released its 2025 corporate guidance showing consistency in its upstream growth plan. The company targets an upstream production range of 810,000 to 840,000 barrels per day (bbls/d) annually, a 4% rise approximately as compared to projected output for 2024. The growth in production reflects its sustainability of higher performance, and planned turnaround and maintenance activities during the year, including a 91-day outage at Base Plant Upgrader 1 for coke drum replacement.T ...