Suncor Energy, Canada's second-largest oil producer, has exceeded expectations in its first quarter adjusted operating earnings of C$1.41 per share (C$1.8 billion) for the quarter ended March 31, compared with analysts' average estimate of C$1.29 per share, according to LSEG data. The Calgary-based company saw an increase in adjusted funds from operations, reaching C$3.169 billion compared to C$3.002 billion in the same period last year. Additionally, cash flow provided by operating activities also showed a growth, reaching C$2.787 billion from C$1.039 billion in the same period last year.