===Suncor Energy (SU) reported earnings on Thur 22 Feb 24 (b/o)

Forward Dividend & Yield	1.64 (4.89%)
Ex-Dividend Date	Mar 01, 2024

Suncor Energy beats by CAD0.18, beats on revs; raises dividend 

• Reports Q4 (Dec) earnings of CAD1.26 per share, CAD0.18 better than the FactSet Consensus of CAD1.08; revenues fell 2.3% year/year to CAD13.6 bln vs the CAD13.15 bln FactSet Consensus.
  • Adjusted funds from operations of CAD4.0 billion, including a one-time tax benefit of CAD880 million.
  • Total upstream production of 808,100 barrels of oil equivalent (boe/d); second highest quarter in company history.
  • Best-ever Oil Sands production of 757,400 barrels per day (bbls/d) with upgrader utilization over 100% outside maintenance period.
  • Strong downstream performance with refining throughput of 455,900 bbls/d and utilization at 98%.
• Quarterly dividend per share increased by approximately 5% to CAD0.545 per share.