Overview

* Suncor Q3 adjusted funds from operations at C$3.8 bln, reflecting strong operational performance

* Net earnings for Q3 were C$1.619 bln, down from C$2.020 bln last year

* Company achieved record refinery throughput and upstream production in Q3 2025

Outlook

* Suncor raises 2025 upstream production guidance to 845,000-855,000 bbls/d

* Company increases 2025 refinery throughput guidance to 470,000-475,000 bbls/d

* Suncor ups 2025 refined product sales guidance to 610,000-620,000 bbls/d

Result Drivers

* RECORD PRODUCTION - Achieved record upstream production of 870,000 bbls/d, 41,000 bbls/d higher than Q3 2024

* REFINERY THROUGHPUT - Record quarterly refinery throughput of 492,000 bbls/d due to strong operating performance

* MAINTENANCE INTERVAL EXTENSION - Extended maintenance intervals leading to lower costs and higher utilization rates

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Net C$1.61

earnings bln

Q3 C$1.79

Adjusted bln

Operatin

g

Earnings

Q3 Net C$7.14

Debt bln

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)