Suncor Energy Inc. (SU)
| Market Cap | 49.82B |
| Revenue (ttm) | 37.51B |
| Net Income (ttm) | 5.77B |
| Shares Out | 1.28B |
| EPS (ttm) | 4.41 |
| PE Ratio | 8.79 |
| Forward PE | 7.21 |
| Dividend | $1.59 (4.11%) |
| Ex-Dividend Date | Jun 4, 2024 |
| Volume | 2,286,580 |
| Open | 38.47 |
| Previous Close | 38.22 |
| Day's Range | 38.31 - 38.78 |
| 52-Week Range | 28.26 - 41.50 |
| Beta | 1.50 |
| Analysts | Buy |
| Price Target | 53.00 (+36.7%) |
| Earnings Date | Aug 12, 2024 |
About SU
Suncor Energy Inc. operates as an integrated energy company in Canada, the United States, and internationally. It operates through Oil Sands; Exploration and Production; and Refining and Marketing segments. The Oil Sands segment explores, develops, and produces bitumen, synthetic crude oil, and related products. This segment also engages in oil sands mining. The Exploration and Production segment is involved in offshore operations in the East Coast of Canada; and marketing and risk management of crude oil and natural gas. The Refining and Marke... [Read more]
Financial Performance
In 2023, Suncor Energy's revenue was 50.75 billion, a decrease of -13.21% compared to the previous year's 58.47 billion. Earnings were 8.30 billion, a decrease of -8.62%.
Financial numbers in CAD Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for SU stock is "Buy." The 12-month stock price forecast is $53.0, which is an increase of 36.70% from the latest price.
News
Competition Act Amendments Silence Canadian Businesses Taking Climate Action
Calgary, Alberta--(Newsfile Corp. - June 20, 2024) - Suncor Energy (TSX: SU) (NYSE: SU), one of the largest oil sands companies in Canada, and a member of the Pathways Alliance, is steadfast in our co...
Suncor Energy's Rich Kruger Urges Canada to Seize the Opportunity Its Energy Resources Provide
Calgary, Alberta--(Newsfile Corp. - June 6, 2024) - Suncor (TSX: SU) (NYSE: SU) President and Chief Executive Officer Rich Kruger says Canada can increase its prosperity for the benefit of all Canadia...
Canada's oil sands CEOs push back against proposed oil and gas emissions cap
Canada's biggest oil sands producers support a paying a tax on carbon but see a proposed federal oil and gas emissions cap as unnecessary legislation, the companies' CEOs told lawmakers in Ottawa on T...
Environmental groups to sue Canada's Suncor over Colorado refinery emissions
Environmental groups filed notice on Wednesday to sue Canadian oil producer Suncor Energy under the U.S. Clean Air Act for repeated air pollution violations at its Commerce City, Colorado, refinery.
Canada's Suncor leasing Aframax vessels, selling Trans Mountain crude direct
Canada's Suncor Energy is leasing Aframax vessels in the Pacific and selling direct to customers, seeking to maximise profits on oil being shipped on the newly completed Trans Mountain pipeline expans...
Suncor Energy beats first quarter profit estimates on refined products demand
Canada's Suncor Energy beat first-quarter profit estimates on Tuesday as the integrated oil and gas firm benefited from demand for refined products and higher oil production.
Suncor Energy Reports First Quarter 2024 Results
Unless otherwise noted, all financial figures are unaudited, presented in Canadian dollars (Cdn$), and derived from the company's condensed consolidated financial statements which are based on Canadia...
Suncor Energy Declares Dividend
All financial figures are in Canadian dollars. Calgary, Alberta--(Newsfile Corp. - May 7, 2024) - Suncor Energy's (TSX: SU) (NYSE: SU) Board of Directors has approved a quarterly dividend of $0.545 pe...
Suncor Energy Reports Voting Results from Annual General Meeting
Calgary, Alberta--(Newsfile Corp. - May 7, 2024) - Suncor (TSX: SU) (NYSE: SU) held its Annual General Meeting in Calgary today. A total of 877,654,867 shares (approximately 68.19% of outstanding comm...
Suncor Energy to Release First Quarter 2024 Financial Results, and Hold Annual General Meeting of Shareholders
Calgary, Alberta--(Newsfile Corp. - April 30, 2024) - Suncor (TSX: SU) (NYSE: SU) will release its first quarter financial results on May 7, 2024 before 5:00 p.m. MT (7:00 p.m.
Suncor Energy To Hold Business Update Webcast
Calgary, Alberta--(Newsfile Corp. - April 29, 2024) - Suncor (TSX: SU) (NYSE: SU) will host a webcast to provide investors with a Business Update on May 21, 2024 at 7:30 a.m. MT (9:30 a.m.
Trans Mountain oil shippers raise concerns about risk of delay to full service
Some shippers on Canada's Trans Mountain expansion project are raising concerns that the long-delayed oil pipeline will not be fully in service by its projected start date of May 1, according to a let...
Canadian Tire Corporation and Petro-Canada(TM) Fuel New Adventures with Loyalty Partnership Launch
Earn more rewards to redeem more frequently by linking Triangle Rewards(R) and Petro-Points(TM) Calgary, Alberta and Toronto, Ontario--(Newsfile Corp. - March 26, 2024) - Canadian Tire Corporation, Li...
Suncor Energy Files Annual Disclosure Documents
Calgary, Alberta--(Newsfile Corp. - March 21, 2024) - Suncor Energy (TSX: SU) (NYSE: SU) has filed its 2023 Annual Report, 2023 Annual Information Form and 2024 Management Proxy Circular. To view the ...
Suncor signs agreement on potential Canadian oil lease with First Nation
Canada's second-biggest oil producer, Suncor Energy , has signed a memorandum of understanding with Fort McKay First Nation to assess a potential oil sands lease on the Indigenous community's land, th...
Fort McKay First Nation and Suncor Energy to Partner on Prospective Oil Sands Development Opportunity on Reserve Lands
Calgary, Alberta--(Newsfile Corp. - March 7, 2024) - Fort McKay First Nation (FMFN) and Suncor (TSX: SU) (NYSE: SU) today announced the signing of a Memorandum of Understanding (MOU) on a prospective ...
Colorado's air-monitoring settlement with Suncor is flawed prioritizes energy company's interests, environmentalists say
Six environmental groups on Feb. 27 filed a legal brief saying they do not support a recent settlement between Colorado and Suncor Energy over an air-quality monitoring program at the company's Commer...
Canada's Suncor looks to cut high oil sands mine operating costs
Suncor Energy , Canada's second-largest oil producer, will focus this year on cutting operating costs in its oil sands mining business, CEO Rich Kruger said on Thursday, as the company continues effor...
Suncor Energy beats quarterly profit estimates aided by higher production
Canada's Suncor Energy beat Wall Street estimates for fourth-quarter profit on Wednesday, as the oil and gas producer was helped by higher production.
Suncor Energy Reports Fourth Quarter 2023 Results
Unless otherwise noted, all financial figures are unaudited, presented in Canadian dollars (Cdn$), and derived from the company's condensed consolidated financial statements which are based on Canadia...
Suncor Energy Announces Upcoming Changes to its Board of Directors
Michael Wilson and Dennis Houston to retire from the Board Russell Girling to be appointed Chair of the Board Calgary, Alberta--(Newsfile Corp. - February 21, 2024) - Suncor Energy (TSX: SU) (NYSE: SU...
Suncor Energy to Release Fourth Quarter 2023 Financial Results
Calgary, Alberta--(Newsfile Corp. - February 15, 2024) - Suncor (TSX: SU) (NYSE: SU) will release its fourth quarter financial results on February 21, 2024 before 5:00 p.m. MT (7:00 p.m.
Suncor faces penalty on air pollution violations at Colorado refinery
The Colorado Department of Public Health and Environment on Monday imposed a penalty of $10.5 million, on Suncor for air pollution violations from July 2019 through June 2021 at its 103,000 barrels-pe...
Suncor sees record fourth-quarter oil production
Canadian energy company Suncor said on Wednesday it saw record upstream production in the fourth quarter, supported by strong output at its Firebag and Fort Hills assets.
Suncor Energy Achieves 2023 Upstream Production Corporate Guidance
(All figures are approximate) Calgary, Alberta--(Newsfile Corp. - January 3, 2024) - Suncor (TSX: SU) (NYSE: SU) today provided an operational update for the fourth quarter of 2023, highlighting upstr...