Suncor Energy reports third quarter 2025 results
Press Release
Calgary, Alberta (November 4, 2025)
Third Quarter Highlights
⦁ Generated $3.8 billion in adjusted funds from operations and $2.3 billion in free funds flow.
⦁ Returned over $1.4 billion to shareholders, with $750 million in share repurchases and $700 million in dividends.
⦁ Achieved record refinery throughput of 492,000 barrels per day (bbls/d) and record quarterly refined product sales of 647,000 bbls/d.
⦁ Achieved record third quarter upstream production of 870,000 bbls/d, 41,000 bbls/d higher than third quarter 2024.
⦁ Asset utilization at record setting levels, with upgraders at 102% and refineries at 106%.
⦁ Revised 2025 guidance with increases to upstream production, refinery throughput and refined product sales.
⦁ Subsequent to the third quarter, the quarterly dividend per share increased by approximately 5% to $0.60 per share.
“Once again we achieved record quarterly results across our businesses, reflecting an unwavering commitment to operational excellence and high performance,” said Rich Kruger, President and Chief Executive Officer. “Our people continue to deliver shareholder value with a culture that every barrel and every dollar matters. Underpinned by our integrated business model, we are elevating overall performance and generating higher, more reliable, and more ratable free cash flow with less volatility and dependence on the external business environment.”
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