05:42 PM EST, 02/03/2026 (MT Newswires) -- Suncor Energy ( SU ) (SU.TO, SU.TO) edged up in after-hours New York trading after trade on Tuesday said its fourth-quarter profit and adjusted funds from operations declined year-over-year, and increased its quarterly dividend by about 5%.

The company reported adjusted operating earnings of C$1.33 billion, or C$1.10 per share, down from C$1.57 billion, or C$1.25 per share, a year ago. FactSet expected C$1.04 per share.

Adjusted funds from operations were C$3.22 billion, or C$2.68 per share, down from C$3.5 billion, or C$2.78 per share, in the year-ago quarter.

The company said it achieved record quarterly upstream production of 909,000 barrels per day, up 34,000 bpd from a year earlier, and posted record refining throughput of 504,000 barrels per day, up 18,000 bpd year over year.

The company added that it increased its quarterly dividend by about 5% to $0.60 per common share.

"Suncor's record fourth quarter contributed to another record-breaking year, which also saw the company achieve its 2024 Investor Day targets a full year early, demonstrating our focus on best-ever safety results, best-in-class execution and operational excellence," Chief Executive Rich Kruger said.

The company's shares were last seen up US$0.45 to US$53.91. They closed up $0.87 to $72.85 on the Toronto Stock Exchange.