Suncor Energy Inc. (SU)

NYSE: SU · IEX Real-Time Price · USD
38.05
+0.16 (0.42%)
At close: Apr 18, 2024, 4:00 PM
38.48
+0.43 (1.13%)
After-hours: Apr 18, 2024, 7:29 PM EDT
0.42%
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]

Sector Energy
Founded 1917
Employees 16,558
Stock Exchange NYSE
Ticker Symbol SU
Full Company Profile

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 Statements

Analyst 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.

Price Target
$53.5
(40.60% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

23 days ago - Newsfile Corp

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 ...

4 weeks ago - Newsfile Corp

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...

6 weeks ago - Reuters

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 ...

6 weeks ago - Newsfile Corp

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...

7 weeks ago - TechXplore

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...

2 months ago - Reuters

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.

2 months ago - Reuters

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...

2 months ago - Newsfile Corp

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...

2 months ago - Newsfile Corp

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....

2 months ago - Newsfile Corp

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.

2 months ago - Newsfile Corp

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...

2 months ago - Reuters

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.

3 months ago - Reuters

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...

3 months ago - Newsfile Corp

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...

4 months ago - Newsfile Corp

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.

4 months ago - Reuters

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...

4 months ago - Newsfile Corp

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...

5 months ago - Newsfile Corp

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...

5 months ago - Newsfile Corp

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....

5 months ago - Newsfile Corp

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...

5 months ago - Newsfile Corp

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...

5 months ago - Reuters

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.

5 months ago - Reuters

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...

5 months ago - Newsfile Corp

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.

6 months ago - Newsfile Corp