Setting records will grab attention, and the Canadian oil sector is putting up some mighty big numbers to jump-start 2026.

Canadian oilsands giant Suncor Energy released its fourth-quarter results on Tuesday, reporting daily production of 909,000 barrels (bpd) during the final three months of the year, 34,000 bpd higher than its previous quarterly record.

Analysts expect Cenovus Energy could eclipse the production mark of one million bpd in 2027, following its November takeover of MEG Energy and ongoing growth initiatives.

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And Canadian Natural Resources recently released production guidance of 1.62 million boe per day in 2026, which would be up three per cent from 2025 levels.

At Suncor, the company continues to set upstream and downstream records, as it prepares for its next investor day in March.

It’s planning to release a new “value improvement plan,” with three- and 15-year objectives — with the longer term focusing on bitumen supply and development options, Suncor CEO Rich Kruger said Wednesday on a call with analysts.

“We have been constructing a longer-term plan where we can have........

© Calgary Herald