Is Suncor Energy (SU) One of the Best Canadian Stocks to Invest In According to Billionaires?
Key takeaways
- Is Suncor Energy (SU) One of the Best Canadian Stocks to Invest In According to Billionaires?
- The quarter was defined by record-setting operational performance, including upstream production of 875,000 barrels per day (bbls/d).
- CEO Rich Kruger attributed this success to the company’s focus on high-performance execution and meeting its strategic commitments.
Is Suncor Energy (SU) One of the Best Canadian Stocks to Invest In According to Billionaires? Maham Fatima Thu, June 11, 2026 at 10:14 PM GMT+7 2 min read SU Suncor Energy Inc. (NYSE:SU) is one of the best Canadian stocks to invest in according to billionaires. On May 5, Suncor Energy reported strong results for FQ1 2026, generating over $4.0 billion in adjusted funds from operations and $2.9 billion in free funds flow. The company returned more than $1.5 billion to shareholders, consisting of $825 million in share repurchases and over $700 million in dividends. Management noted that these results were achieved while maintaining a disciplined capital spending program and a robust balance sheet.
The quarter was defined by record-setting operational performance, including upstream production of 875,000 barrels per day (bbls/d). Additionally, the company achieved its highest-ever Q1 refining throughput at 498,000 bbls/d and a record-breaking 681,000 bbls/d in refined product sales. These figures represent notable increases over the same period in the previous year.
CEO Rich Kruger attributed this success to the company’s focus on high-performance execution and meeting its strategic commitments. Building on this momentum, CFO Troy Little confirmed that the company has increased its monthly share repurchases for the second time in four months, underscoring Suncor Energy Inc.’s (NYSE:SU) dedication to generating sustainable returns for its shareholders.