SUNCOR ENERGY INC

Suncor Energy announced a planned executive leadership transition. Current President and CEO Rich Kruger will move to Executive Vice Chair in April 2027. Peter Zebedee, currently Executive Vice President Upstream, will succeed Kruger as President and CEO at that time. To facilitate this, Zebedee will be appointed President and Chief Financial Officer on September 14, 2026. Additionally, Adam Albeldawi will become Executive Vice President Upstream and Shelley Powell will become Executive Vice President Development and Projects, effective September 14, 2026. Former CFO Troy Little has departed the company.

Suncor Energy reported strong second-quarter 2026 results, with adjusted funds from operations reaching a record $5.3 billion and free funds flow quadrupling to $4.0 billion compared to the prior year. The company returned nearly $1.8 billion to shareholders through share repurchases and dividends, and announced plans to increase monthly share repurchases to $500 million starting August 2026. Operational highlights included record second-quarter refining throughput and refined product sales, alongside strong upstream production. Additionally, Suncor announced a new loyalty program partnership between Petro-Canada and WestJet.

Suncor Energy reported strong second-quarter 2026 results, with adjusted operating earnings soaring to $3.804 billion and adjusted funds from operations reaching $5.329 billion. The company announced an increase in monthly share repurchases to $500 million, projecting $4.7 billion for 2026, and returned $1.756 billion to shareholders through buybacks and dividends. Operational highlights included record refinery crude oil throughput and refined product sales, alongside strong net synthetic crude oil production.

Suncor Energy Inc.'s Board of Directors has approved a quarterly dividend of $0.60 per common share. The dividend is scheduled to be paid on September 25, 2026, to shareholders who are on record at the close of business on September 4, 2026. Suncor Energy is Canada's leading integrated energy company, involved in oil sands, refining, and retail networks.

Suncor Energy Inc. announced that it will release its second quarter 2026 financial results on August 4, 2026, before 5:00 p.m. MT. The company will also host a webcast on August 5, 2026, at 7:30 a.m. MT to review the results, which will include a question and answer period with analysts.

Suncor Energy Inc. has filed a Short Form Base Shelf Prospectus outlining its intention to offer and sell various securities, including debt securities, common shares, preferred shares, and other instruments, over a 37-month period. The prospectus details the potential use of proceeds for general corporate purposes, such as reducing debt and supporting capital expenditures. Notably, the company recently repaid US$275 million in maturing debentures and has been actively repurchasing its common shares.

Suncor Energy Inc. filed its Extractive Sector Transparency Measures Act (ESTMA) Report for the fiscal year spanning January 1, 2025, to December 31, 2025. The report, certified by CFO Troy Little, details payments to governments and covers several key subsidiaries including Petro-Canada and Suncor Energy partnerships, ensuring compliance with Canadian transparency regulations for the mining, oil, and gas industries.

Suncor Energy Inc. held its Annual General Meeting on May 5, 2026, with approximately 71.05% of outstanding common shares represented. Shareholders elected ten board members, appointed KPMG LLP as auditors, and approved management's executive compensation approach. A shareholder proposal requesting a report on climate-related risks was denied, aligning with management's recommendation.

Suncor Energy reported strong first quarter 2026 results, generating over $4.0 billion in adjusted funds from operations and $2.9 billion in free funds flow. The company achieved record first quarter upstream production, refining throughput, and refined product sales, demonstrating robust operational performance. Suncor returned over $1.5 billion to shareholders through dividends and share repurchases, and subsequently increased its planned monthly share repurchases for 2026 by over 30%, projecting nearly $4 billion in total repurchases.

Suncor Energy reported strong first quarter 2026 financial results, with adjusted funds from operations increasing to $4.03 billion and adjusted operating earnings reaching $2.30 billion. The company also announced a significant increase in its planned monthly share repurchases, projecting nearly $4 billion for 2026, over 30% higher than 2025. Operational highlights included record first quarter upstream production, refining throughput, and refined product sales, demonstrating robust performance across its integrated energy value chain.