Canada’s Suncor Energy beat Q4 quarterly earnings estimates as its oil sands production jumped to an all-time high and total upstream production was the second highest in company history. Suncor Energy (NYSE: SU) reported late on Wednesday adjusted operating earnings of US$1.21 billion (C$1.635 billion) for the fourth quarter of 2023, down year-on-year due to lower crude and products realizations. But the adjusted operating earnings of US$0.94 (C$1.26) per common share were above the US$0.78 (C$1.05) expected in the average analyst…
