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S&P 500   4,283.85
DOW   33,573.28
QQQ   354.84
High Dividend REITs: Are They an Ideal Way to Diversify?
Nevada Desert more Valuable than Wall Street or Silicon Valley? (Ad)
Is Frontline's 20% Dividend Too Good To Be True?
Stock market today: World stocks mixed as Wall St inches toward bull market
The $193 Billion US-China War You Don't Know About (Ad)
Here’s What’s Driving the Price of Carvana Higher
Wheat prices jump following collapse of major dam in southern Ukraine
The $193 Billion US-China War You Don't Know About (Ad)
Tesla: How and Why It Gets To $300
It Is Not Too Late To “Git” On Board With GitLab 
S&P 500   4,283.85
DOW   33,573.28
QQQ   354.84
High Dividend REITs: Are They an Ideal Way to Diversify?
Nevada Desert more Valuable than Wall Street or Silicon Valley? (Ad)
Is Frontline's 20% Dividend Too Good To Be True?
Stock market today: World stocks mixed as Wall St inches toward bull market
The $193 Billion US-China War You Don't Know About (Ad)
Here’s What’s Driving the Price of Carvana Higher
Wheat prices jump following collapse of major dam in southern Ukraine
The $193 Billion US-China War You Don't Know About (Ad)
Tesla: How and Why It Gets To $300
It Is Not Too Late To “Git” On Board With GitLab 
S&P 500   4,283.85
DOW   33,573.28
QQQ   354.84
High Dividend REITs: Are They an Ideal Way to Diversify?
Nevada Desert more Valuable than Wall Street or Silicon Valley? (Ad)
Is Frontline's 20% Dividend Too Good To Be True?
Stock market today: World stocks mixed as Wall St inches toward bull market
The $193 Billion US-China War You Don't Know About (Ad)
Here’s What’s Driving the Price of Carvana Higher
Wheat prices jump following collapse of major dam in southern Ukraine
The $193 Billion US-China War You Don't Know About (Ad)
Tesla: How and Why It Gets To $300
It Is Not Too Late To “Git” On Board With GitLab 
TSE:SU

Suncor Energy (SU) Stock Forecast, Price & News

C$39.79
+0.44 (+1.12%)
(As of 06/6/2023 ET)
Compare
Today's Range
C$38.66
C$39.84
50-Day Range
C$37.96
C$44.30
52-Week Range
C$36.38
C$53.62
Volume
18.73 million shs
Average Volume
10.70 million shs
Market Capitalization
C$52.12 billion
P/E Ratio
6.62
Dividend Yield
5.23%
Price Target
C$53.50

Suncor Energy MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.56 Rating Score
Upside/​Downside
34.5% Upside
C$53.50 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.46mentions of Suncor Energy in the last 14 days
Based on 20 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.68 out of 5 stars


SU stock logo

About Suncor Energy (TSE:SU) Stock

Suncor Energy Inc. operates as an integrated energy company. The company primarily focuses on developing petroleum resource basins in Canada's Athabasca oil sands; explores, acquires, develops, produces, transports, refines, and markets crude oil in Canada and internationally; markets petroleum and petrochemical products under the Petro-Canada name primarily in Canada. It operates through Oil Sands; Exploration and Production; Refining and Marketing; and Corporate and Eliminations segments. The Oil Sands segment recovers bitumen from mining and in situ operations, and upgrades it into refinery feedstock and diesel fuel, or blends the bitumen with diluent for direct sale to market. The Exploration and Production segment is involved in offshore operations off the east coast of Canada and in the North Sea; and operating onshore assets in Libya and Syria. The Refining and Marketing segment refines crude oil and intermediate feedstock into various petroleum and petrochemical products; and markets refined petroleum products to retail, commercial, and industrial customers through its other retail sellers. The Corporate and Eliminations segment operates four wind farms in Ontario and Western Canada. The company also markets and trades in crude oil, natural gas, byproducts, refined products, and power. The company was formerly known as Suncor Inc. and changed its name to Suncor Energy Inc. in April 1997. Suncor Energy Inc. was founded in 1917 and is headquartered in Calgary, Canada.

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SU Stock News Headlines

Nevada Desert more Valuable than Wall Street or Silicon Valley?
It could be true, according to Nevada Governor Steve Sisolak. The state's desert flats contain more lithium than any other geography in the world. And with electric vehicles driving a global boom in demand for lithium-ion batteries, Nevada should be on every investor's radar.
Suncor's Spring-Giving With Local Non-Profits
1 Cheap TSX Bank Stock I’d Buy Over Suncor Right Now
146 Pounds of Graphite Needed for Each EV
Graphite - not lithium - is the largest component of lithium-ion batteries used in electric vehicles. That's why 97 more graphite mines will be needed by 2035 just to keep up with battery demand for the $7 trillion EV market.
Suncor to cut 1,500 jobs by end of year - report
Suncor Energy (TSE:SU) Price Target Cut to C$61.00
Suncor Energy (TSE:SU) PT Lowered to C$60.00
See More Headlines

SU Price History

SU Company Calendar

Last Earnings
7/26/2017
Ex-Dividend for 3/24 Dividend
3/02/2023
Dividend Payable
3/24/2023
Ex-Dividend for 6/26 Dividend
6/02/2023
Today
6/06/2023
Dividend Payable
6/26/2023
Next Earnings (Estimated)
8/03/2023

Industry, Sector and Symbol

Industry
Major Integrated Oil & Gas
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
16,922
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$53.50
High Stock Price Forecast
C$61.00
Low Stock Price Forecast
C$42.00
Forecasted Upside/Downside
+34.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.56
Research Coverage
9 Analysts

Profitability

Net Income
C$8.18 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$56.91 billion
Cash Flow
C$3.38 per share
Book Value
C$30.30 per share

Miscellaneous

Outstanding Shares
1,310,000,000
Free Float
N/A
Market Cap
C$52.12 billion
Optionable
Optionable
Beta
1.66

Key Executives

  • Mr. Kristopher P. Smith
    CEO & Interim Pres
  • Mr. Alister Cowan
    Chief Financial Officer
  • Mr. Bruno Y. Francoeur
    Exec. VP of Bus. & Operations Services
  • Mr. Trevor Bell
    VP of Investor Relations
  • Troy Little
    VP of IR
  • Ms. Arlene Joyce Strom
    Chief Sustainability Officer, Gen. Counsel & Corp. Sec.
  • Mr. Paul Douglas Gardner
    Chief People Officer
  • Ms. Shelley Powell
    Sr. VP of Exploration & Production and In Situ
  • Mr. Peter Zebedee
    Exec. VP of Mining & Upgrading
  • Mr. Arnel Lamco Santos (Age 51)
    Sr. VP of Refining & Logistics













SU Stock - Frequently Asked Questions

Should I buy or sell Suncor Energy stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Suncor Energy in the last year. There are currently 4 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" SU shares.
View SU analyst ratings
or view top-rated stocks.

What is Suncor Energy's stock price forecast for 2023?

9 analysts have issued 12 month price objectives for Suncor Energy's shares. Their SU share price forecasts range from C$42.00 to C$61.00. On average, they expect the company's share price to reach C$53.50 in the next year. This suggests a possible upside of 34.5% from the stock's current price.
View analysts price targets for SU
or view top-rated stocks among Wall Street analysts.

How have SU shares performed in 2023?

Suncor Energy's stock was trading at C$42.95 on January 1st, 2023. Since then, SU shares have decreased by 7.4% and is now trading at C$39.79.
View the best growth stocks for 2023 here
.

When is Suncor Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our SU earnings forecast
.

How were Suncor Energy's earnings last quarter?

Suncor Energy Inc. (TSE:SU) released its quarterly earnings results on Wednesday, July, 26th. The company reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.23 by $0.11. The company earned $7.26 billion during the quarter, compared to analyst estimates of $7.41 billion. Suncor Energy had a trailing twelve-month return on equity of 20.92% and a net margin of 14.37%.

How often does Suncor Energy pay dividends? What is the dividend yield for Suncor Energy?

Suncor Energy declared a quarterly dividend on Friday, June 2nd. Shareholders of record on Monday, June 26th will be given a dividend of 0.52 per share on Monday, June 26th. This represents a $2.08 dividend on an annualized basis and a yield of 5.23%. The ex-dividend date is Friday, June 2nd.
Read our dividend analysis for SU
.

Is Suncor Energy a good dividend stock?

Suncor Energy (TSE:SU) pays an annual dividend of C$2.08 per share and currently has a dividend yield of 5.35%. SU has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 34.61%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for SU.

What other stocks do shareholders of Suncor Energy own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Suncor Energy investors own include Enbridge (ENB), Bank of Nova Scotia (BNS), Toronto-Dominion Bank (TD), Canadian Natural Resources (CNQ), Air Canada (AC), Royal Bank of Canada (RY), BCE (BCE), Pembina Pipeline (PPL), Manulife Financial (MFC) and Bank of Montreal (BMO).

What is Suncor Energy's stock symbol?

Suncor Energy trades on the Toronto Stock Exchange (TSX) under the ticker symbol "SU."

How do I buy shares of Suncor Energy?

Shares of SU stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What is Suncor Energy's stock price today?

One share of SU stock can currently be purchased for approximately C$39.79.

How much money does Suncor Energy make?

Suncor Energy (TSE:SU) has a market capitalization of C$52.12 billion and generates C$56.91 billion in revenue each year. The company earns C$8.18 billion in net income (profit) each year or C$6.01 on an earnings per share basis.

How many employees does Suncor Energy have?

The company employs 16,922 workers across the globe.

How can I contact Suncor Energy?

Suncor Energy's mailing address is 150 6th Avenue S.W., Stn M PO Box 2844, CALGARY, AB T2P 3E3, Canada. The official website for the company is www.suncor.com. The company can be reached via phone at +1-403-2968000.

This page (TSE:SU) was last updated on 6/7/2023 by MarketBeat.com Staff

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