Suncor Energy Suncor Energy Unveils 3-Year Improvement Plan, Raises 2026 Share Repurchases By Over 20% To C$4 Billion, Targets 100,000 bpd Production Growth By 2028

Suncor Energy has announced a new 3-year improvement plan during its 2026 Investor Day, which includes raising its annual share repurchases by over 20% to C$4 billion. The company targets a production growth of 100,000 barrels per day by 2028 and aims to increase its normalized free funds flow by C$2 billion by the same year. Additionally, Suncor plans to reduce its corporate WTI breakeven price by US$5 to US$38 per barrel and increase its refining network capacity by 10% to 511,000 barrels per day.