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Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
Last chance to set up your portfolio for OPEC cuts
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S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
Last chance to set up your portfolio for OPEC cuts
What does consumer price index measure?
S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
Last chance to set up your portfolio for OPEC cuts
What does consumer price index measure?
S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
Last chance to set up your portfolio for OPEC cuts
What does consumer price index measure?

Suncor Energy Stock Price, News & Analysis (TSE:SU)

C$41.13
-2.40 (-5.51%)
(As of 12/6/2023 ET)
Compare
Today's Range
C$41.11
▼
C$43.34
50-Day Range
C$41.13
▼
C$47.52
52-Week Range
C$37.09
▼
C$48.26
Volume
12.59 million shs
Average Volume
9.56 million shs
Market Capitalization
C$53.47 billion
P/E Ratio
6.64
Dividend Yield
5.30%
Price Target
C$55.53
Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades

Suncor Energy MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
35.3% Upside
C$55.65 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.64mentions of Suncor Energy in the last 14 days
Based on 7 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.

3.10 out of 5 stars

See Top Rated MarketRank™ Stocks Here

SU stock logo

About Suncor Energy Stock (TSE:SU)

Suncor Energy Inc. operates as an integrated energy company in Canada 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 syncrude oil sands mining and upgrading operations; and marketing, supply, transportation, and risk management of crude oil, natural gas, power, and byproducts. The Exploration and Production segment is involved in offshore operations in the East Coast of Canada. The Refining and Marketing segment refines crude oil and petrochemical products; and markets, transports, and manages refined and petrochemical products, and other purchased products through the retail and wholesale networks. This segment also involved in trading of crude oil, natural gas, 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.

SU Stock Price History

SU Stock News Headlines

December 7, 2023 | americanbankingnews.com
Suncor Energy (TSE:SU) Price Target Cut to C$51.00 by Analysts at Desjardins
December 6, 2023 | markets.businessinsider.com
Analysts Offer Insights on NA Companies: AltaGas (OtherATGFF) and Suncor Energy (SU)
December 7, 2023 | Autonomix (Ad)
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity
Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
December 6, 2023 | msn.com
Suncor (SU) Anticipates Increased Production, CapEx for 2024
December 6, 2023 | msn.com
Suncor Energy sees higher production, capex in 2024
December 1, 2023 | finanznachrichten.de
Suncor Energy Inc.: Suncor Energy Reports Third Quarter 2023 Results
December 1, 2023 | finance.yahoo.com
How Will the OPEC Supply Cuts and Brazil's Entry Impact Oil?
November 29, 2023 | finance.yahoo.com
Eni (E) to Ensure Continuous Gas Supply to Switzerland & Italy
December 7, 2023 | Autonomix (Ad)
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity
Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
November 28, 2023 | msn.com
Suncor’s Terra Nova FPSO restarts production offshore Canada
November 28, 2023 | msn.com
Vapor leak from unused pump caused Christmas Eve explosion and fire at Suncor refinery, OSHA finds
November 27, 2023 | theglobeandmail.com
Suncor Energy restarts production at Terra Nova oil platform off Newfoundland and Labrador
November 27, 2023 | msn.com
Suncor restarts production at Terra Nova after work to extend life of project
November 27, 2023 | finance.yahoo.com
Is Suncor Energy (SU) Stock Undervalued Right Now?
November 27, 2023 | finance.yahoo.com
Are Oils-Energy Stocks Lagging Constellation Energy Corporation (CEG) This Year?
November 27, 2023 | marketwatch.com
Suncor Energy Restarting Production at Terra Nova
November 27, 2023 | reuters.com
Suncor restarts production at Terra Nova in Canada
November 27, 2023 | finance.yahoo.com
Suncor Energy Announces Restart of Production at Terra Nova
November 25, 2023 | finanznachrichten.de
Suncor Energy Inc.: Suncor Energy Closes Purchase of TotalEnergies' Canadian Operations
November 25, 2023 | finance.yahoo.com
There's A Lot To Like About Suncor Energy's (TSE:SU) Upcoming CA$0.55 Dividend
November 24, 2023 | msn.com
Suncor exec, former MP to assume director role for U of C School of Public Policy
November 23, 2023 | msn.com
Alberta Energy Regulator won't reconsider approval for Suncor expansion into wetland
November 21, 2023 | msn.com
Suncor Energy (SU) Q3 Earnings Fall Y/Y, Sales Beat Estimates
November 20, 2023 | finance.yahoo.com
Suncor Energy Closes Purchase of TotalEnergies' Canadian Operations
November 18, 2023 | finance.yahoo.com
Suncor Energy's (TSE:SU) Shareholders Will Receive A Bigger Dividend Than Last Year
November 15, 2023 | msn.com
Suncor Energy raises dividend by about 5% to CAD 0.545 a share
November 10, 2023 | msn.com
Suncor Energy announces C$1.5 billion medium-term note offering
See More Headlines
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Company Calendar

Ex-Dividend for 9/25 Dividend
8/31/2023
Dividend Payable
9/25/2023
Last Earnings
11/08/2023
Ex-Dividend for 12/22 Dividend
11/30/2023
Today
12/06/2023
Dividend Payable
12/22/2023
Next Earnings (Estimated)
2/13/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
TSE
Industry
Oil & Gas Integrated
Sub-Industry
N/A
Sector
Energy
Current Symbol
TSE:SU
CUSIP
N/A
CIK
N/A
Web
www.suncor.com
Phone
+1-403-2968000
Fax
N/A
Employees
16,558
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$55.65
High Stock Price Target
C$74.00
Low Stock Price Target
C$47.00
Potential Upside/Downside
+35.0%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
12 Analysts

Profitability

EPS (Most Recent Fiscal Year)
C$6.19
Trailing P/E Ratio
6.64
Forward P/E Ratio
6.54
P/E Growth
0.15
Net Income
C$8.22 billion
Net Margins
16.37%
Pretax Margin
N/A
Return on Equity
20.56%
Return on Assets
8.08%

Debt

Debt-to-Equity Ratio
36.93
Current Ratio
1.24
Quick Ratio
0.83

Sales & Book Value

Annual Sales
C$50.20 billion
Price / Sales
1.07
Cash Flow
C$3.49 per share
Price / Cash Flow
11.77
Book Value
C$32.19 per share
Price / Book
1.28

Miscellaneous

Outstanding Shares
1,300,000,000
Free Float
N/A
Market Cap
C$53.47 billion
Optionable
Not Optionable
Beta
1.60
12 Stocks Corporate Insiders are Abandoning Cover
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Key Executives

  • Mr. Kristopher P. Smith
    Chief Financial Officer
  • Mr. Alister Cowan B.A.
    C.A., Executive Officer
  • Ms. Arlene Joyce Strom
    Chief Sustainability Officer
  • Mr. Peter D. Zebedee
    Executive Vice President of Oil Sands
  • Mr. Richard M. Kruger (Age 63)
    President, CEO & Director
  • Troy Little
    Vice President of IR
  • Ms. Jacqueline S. Moore
    General Counsel & Corporate Secretary
  • Ms. Karen L. Keegans (Age 57)
    Chief Human Resources Officer
  • Ms. Shelley Powell
    Senior VP of Operational Improvement & Support Services
  • Mr. Arnel Lamco Santos (Age 51)
    Senior Vice President of Refining & Logistics

Key Competitors

View All Competitors

Should I Buy Suncor Energy Stock? SU Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Suncor Energy was last updated on Monday, November 27, 2023 at 10:11 AM.

Pros

Here are some ways that investors could benefit from investing in Suncor Energy Inc.:

  • Suncor Energy Inc. operates as an integrated energy company in Canada and internationally, which provides diversification and exposure to different markets.
  • The company operates through various segments, including Oil Sands, Exploration and Production, and Refining and Marketing, which allows for multiple revenue streams.
  • Suncor Energy Inc. engages in syncrude oil sands mining and upgrading operations, which can be a profitable venture in the oil and gas industry.
  • The company has a long history, being founded in 1917, which demonstrates its stability and experience in the industry.
  • Recent developments in the company's offshore operations in the East Coast of Canada can provide growth opportunities.

Cons

Investors should be bearish about investing in Suncor Energy Inc. for these reasons:

  • The current stock price of Suncor Energy Inc. should be considered, as it is an important factor in investment decisions.
  • The oil and gas industry can be volatile, and fluctuations in oil prices can impact the company's profitability.
  • Market conditions and regulatory changes in the petroleum refining industry can affect Suncor Energy Inc.'s operations and financial performance.
  • Investors should be aware of the risks associated with trading crude oil, natural gas, and power, as these activities are part of the company's operations.
  • It is important to consider the company's financial health and debt levels, as these factors can impact its ability to weather economic downturns.














SU Stock Analysis - Frequently Asked Questions

Should I buy or sell Suncor Energy stock right now?

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Suncor Energy in the last twelve months. There are currently 8 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" SU shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SU, but not buy additional shares or sell existing shares.
View SU analyst ratings or view top-rated stocks.

What is Suncor Energy's stock price target for 2024?

12 equities research analysts have issued twelve-month price targets for Suncor Energy's shares. Their SU share price targets range from C$47.00 to C$74.00. On average, they expect the company's stock price to reach C$55.65 in the next year. This suggests a possible upside of 35.3% 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 at the beginning of the year. Since then, SU shares have decreased by 4.2% and is now trading at C$41.13.
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 Tuesday, February 13th 2024.
View our SU earnings forecast.

How were Suncor Energy's earnings last quarter?

Suncor Energy Inc. (TSE:SU) posted its quarterly earnings results on Wednesday, November, 8th. The company reported $1.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.19 by $0.33. The business had revenue of $12.64 billion for the quarter, compared to analyst estimates of $10.93 billion. Suncor Energy had a net margin of 16.37% and a trailing twelve-month return on equity of 20.56%.

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

Suncor Energy announced a quarterly dividend on Thursday, November 30th. Stockholders of record on Friday, December 22nd will be paid a dividend of 0.545 per share on Friday, December 22nd. This represents a $2.18 dividend on an annualized basis and a yield of 5.30%. The ex-dividend date is Thursday, November 30th. This is an increase from the stock's previous quarterly dividend of C$0.52.
Read our dividend analysis for SU.

Is Suncor Energy a good dividend stock?

Suncor Energy (TSE:SU) pays an annual dividend of C$2.18 per share and currently has a dividend yield of 4.90%. SU has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 35.22%. 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).

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.

This page (TSE:SU) was last updated on 12/7/2023 by MarketBeat.com Staff

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