Suncor Energy Inc. closed 13.3% short of its 52-week high of C$58.58, which the company achieved on January 13th.

Suncor Energy's operational excellence is reflected in record production and refining results. Read why SU stock offers a compelling value opportunity.

Canada's second-largest oil producer Suncor Energy said on Wednesday a recent cost-cutting campaign had set it up well to weather lower global oil prices, but did not rule out reducing capital spending next year if weaker economic conditions persist.

Despite higher production, SU is likely to have faced profitability hurdles due to market fluctuations in the first quarter of 2025.

Suncor Energy Inc. is a high-quality oil company with strong Q1 performance, high utilization rates, and significant cash returns via dividends and buybacks. Read the latest stock analysis.

When the Denver City Council rejected a $25 million contract with Suncor Energy last week, it was just the latest example of local governments in Colorado pushing back against oil and gas.