Suncor Energy Inc. (SU)
Market Cap | 48.97B |
Revenue (ttm) | 38.15B |
Net Income (ttm) | 6.24B |
Shares Out | 1.29B |
EPS (ttm) | 4.59 |
PE Ratio | 8.28 |
Forward PE | 7.82 |
Dividend | $1.61 (4.23%) |
Ex-Dividend Date | Mar 1, 2024 |
Volume | 4,337,834 |
Open | 38.03 |
Previous Close | 37.89 |
Day's Range | 37.85 - 38.41 |
52-Week Range | 27.59 - 39.32 |
Beta | 1.52 |
Analysts | Buy |
Price Target | 53.50 (+40.6%) |
Earnings Date | May 6, 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 4 analysts, the average rating for SU stock is "Buy." The 12-month stock price forecast is $53.5, which is an increase of 40.60% from the latest price.
News
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 Declares Dividend
All financial figures are in Canadian dollars. Calgary, Alberta--(Newsfile Corp. - February 21, 2024) - Suncor Energy's (TSX: SU) (NYSE: SU) Board of Directors has approved a quarterly dividend of $0....
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...
Suncor Energy Announces Kent Ferguson as New Senior Vice President of Strategy, Sustainability and Corporate Development
Calgary, Alberta--(Newsfile Corp. - December 7, 2023) - Suncor (TSX: SU) (NYSE: SU) announced today that Kent Ferguson will be joining the company in January 2024 as Senior Vice President, Strategy, S...
Suncor Energy expects higher production in 2024
Canada's Suncor Energy on Tuesday forecast higher production in 2024 compared with 2023, as the energy firm bets on strong performance from its Fort Hills asset.
Suncor Energy Announces 2024 Corporate Guidance
All financial figures are in Canadian dollars, unless noted otherwise Upstream production of 770,000 - 810,000 barrels per day, approximately 7% higher than 2023 Refining capacity utilization strong a...
Suncor Energy Announces Restart of Production at Terra Nova
Calgary, Alberta--(Newsfile Corp. - November 27, 2023) - Suncor Energy (TSX: SU) (NYSE: SU) today announced that the Terra Nova Floating, Production, Storage and Offloading vessel has safely restarted...
Suncor Energy Closes Purchase of TotalEnergies' Canadian Operations
All financial figures are in Canadian dollars, unless noted otherwise Calgary, Alberta--(Newsfile Corp. - November 20, 2023) - Suncor Energy (TSX: SU) (NYSE: SU) announced today it has closed the tran...
Suncor Energy Increases Quarterly Dividend
All financial figures are in Canadian dollars. Calgary, Alberta--(Newsfile Corp. - November 14, 2023) - Suncor Energy's (TSX: SU) (NYSE: SU) Board of Directors has approved a quarterly dividend of $0....
Suncor Energy Announces $1.5 Billion Medium Term Note Offering
All financial figures are in Canadian dollars, unless noted otherwise Calgary, Alberta--(Newsfile Corp. - November 9, 2023) - Suncor Energy (TSX: SU) (NYSE: SU) announced today that it has priced an o...
Canada's Suncor reports progress fixing operational, safety issues
Suncor Energy on Thursday said it is making progress on fixing a number of safety and operational issues that caused the share price of Canada's second-largest oil producer to lag its rivals and spurr...
Suncor's quarterly profit tops estimates on stable demand for refined products
Canada's Suncor Energy beat market estimates for third-quarter profit on Wednesday, helped by sustained demand for refined products amid tight supply.
Suncor Energy Reports Third Quarter 2023 Results
Unless otherwise noted, all financial figures are unaudited, presented in Canadian dollars (Cdn$), and derived from the company's condensed consolidated financial statements which are based on Canadia...
Suncor Energy to Release Third Quarter 2023 Financial Results
Calgary, Alberta--(Newsfile Corp. - October 31, 2023) - Suncor (TSX: SU) (NYSE: SU) will release its third quarter financial results on November 8, 2023 before 8:00 p.m. MT (10:00 p.m.