CALGARY — Oilsands giant Suncor Energy Inc. has reported net earnings of $3.7 billion for the second quarter, up from a profit of $2.1 billion a year earlier.
That amounted to a profit of $3.17 per share for the quarter ended June 30, up from $1.77 a year earlier.
Adjusted operating earnings, which Suncor considers a better gauge of its underlying performance because it filters out the effects of unusual items, were $3.8 billion, or $3.23 per share.
That’s up from the prior-year quarter, when Suncor had adjusted operating earnings of $2.3 billion, or $1.93 per share.
Operating revenues, net of royalties, were $7.8 billion for the period, up from $5.8 billion from a year ago.
Total upstream production was 760,900 barrels per day in the second quarter, down from 808,000 in the same 2025 period.
This report by The Canadian Press was first published Aug. 5, 2026.
