Suncor Energy Targets Major Production Boost in 2026
Market Intelligence Analysis
AI-PoweredSuncor Energy plans to increase its upstream production by over 100,000 barrels per day in 2026, exceeding its previously outlined targets, driven by investments in in-situ projects in the oil sands patch.
Market impact analysis based on bullish sentiment with 78% confidence.
Article Context
Canada’s oil producer Suncor Energy expects to grow its upstream production next year as it continues to invest in in-situ projects in the oil sands patch. Suncor Energy expects annual upstream production of between 840,000 and 870,000 barrels per day (bpd) in 2026, up by more than 100,000 bpd compared to 2023 and exceeding targets outlined at the 2024 Investor Day. Suncor’s output at oil sands projects only is forecast at 785,000 bpd - 810,000 bpd, the company said in its 2026 corporate guidance. Major economic investments planned…
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