Suncor Energy announces 2021 production outlook and capital allocation

CALGARY, Alberta – Suncor released its 2021 corporate guidance today which reflects its capital allocation framework and includes: average upstream production of 740,000 to 780,000 barrels of oil equivalent per day (boe/d); expected debt repayment in 2021 of between $500 million and $1.0 billion; a capital program of between $3.8 and $4.5 billion (sustaining capital [Read more]

Source: BOE Report