Suncor energy announces 2024 corporate guidance

All financial figures are in canadian dollars, unless noted otherwise upstream production of 770,000 - 810,000 barrels per day, approximately 7% higher than 2023 refining capacity utilization strong at an expected 92% to 96% fort hills three-year improvement plan on target, with opportunities to further increase value capital program to deliver shareholder value, pursuing investments to improve competitiveness focus on continuing to reduce overall cost structure, increasing financial resiliency calgary, alberta--(newsfile corp. - december 5, 2023) - suncor energy (tsx: su) (nyse: su) released its 2024 corporate guidance today which includes annual upstream production of 770,000 - 810,000 barrels per day (bbls/d) and refining utilization of 92% to 96%. suncor's production increase reflects continued strong existing asset performance, 100% ownership of fort hills, changes to the makeup of its exploration & production (e&p) portfolio, including the earlier sale of its u.k. north sea assets, and a full year of production from terra nova.
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