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Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Asian shares gain despite Wall Street's tech-led retreat
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Asian shares gain despite Wall Street's tech-led retreat
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Asian shares gain despite Wall Street's tech-led retreat
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
TSE:SU

Suncor Energy (SU) Stock Price, News & Analysis

C$52.18
+0.26 (+0.50%)
(As of 04/17/2024 ET)
Today's Range
C$51.57
C$52.78
50-Day Range
C$42.70
C$53.76
52-Week Range
C$37.09
C$53.78
Volume
2.48 million shs
Average Volume
8.17 million shs
Market Capitalization
C$67.31 billion
P/E Ratio
8.24
Dividend Yield
4.18%
Price Target
C$55.04

Suncor Energy MarketRank™ Stock Analysis

Analyst Rating
Hold
2.45 Rating Score
Upside/​Downside
5.5% Upside
C$55.04 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.39mentions of Suncor Energy in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
C$1.30 M Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.64 out of 5 stars

SU stock logo

About Suncor Energy Stock (TSE: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 Marketing segment engages in the refining of crude oil products; and distribution, marketing, transportation, and risk management of refined and petrochemical products, and other purchased products through the retail and wholesale networks. This segment is also involved in the trading of crude oil, refined products, 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. Suncor Energy Inc.

SU Stock Price History

SU Stock News Headlines

Is Suncor a Buy, Sell, or Hold?
Forget Nvidia, buy this A.I. Stock Now
Forget Nvidia, Microsoft or Google. Our tech expert and venture capitalist Luke Lango believes this is Elon Musk’s favorite A.I. stock. Why? Because this company is supplying Elon Musk with a key piece of advanced tech for his new A.I. venture.
Forget Nvidia, buy this A.I. Stock Now
Forget Nvidia, Microsoft or Google. Our tech expert and venture capitalist Luke Lango believes this is Elon Musk’s favorite A.I. stock. Why? Because this company is supplying Elon Musk with a key piece of advanced tech for his new A.I. venture.
RBC analyst’s top picks in soaring energy sector
Who wants to buy gas stations these days?
Stocks in play: Loop Energy Inc.
Suncor price target raised by C$1 at RBC Capital
Suncor Stock: A Millionaire Maker?
Suncor Energy: Strong Turnaround and Positive Outlook Prompt Buy Rating
See More Headlines
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Company Calendar

Last Earnings
2/21/2024
Ex-Dividend for 3/25 Dividend
3/01/2024
Dividend Payable
3/25/2024
Today
4/17/2024
Next Earnings (Estimated)
5/13/2024

Industry, Sector and Symbol

Sector
Energy
Industry
Oil & Gas Integrated
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
14,906
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$55.04
High Stock Price Target
C$74.00
Low Stock Price Target
C$47.00
Potential Upside/Downside
+5.5%
Consensus Rating
Hold
Rating Score (0-4)
2.45
Research Coverage
11 Analysts

Profitability

Net Income
C$8.30 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$49.09 billion
Cash Flow
C$4.43 per share
Book Value
C$33.55 per share

Miscellaneous

Outstanding Shares
1,290,000,000
Free Float
N/A
Market Cap
C$67.31 billion
Optionable
Not Optionable
Beta
1.52
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Key Executives

  • Mr. Richard M. Kruger (Age 64)
    President, CEO & Director
    Comp: $2.65M
  • Mr. Kristopher P. Smith
    Chief Financial Officer
  • Ms. Shelley Powell
    Senior VP of Operational Improvement & Support Services
  • Mr. Peter D. Zebedee
    Executive Vice President of Oil Sands
  • Mr. David Oldreive
    Executive Vice President of Downstream
  • Troy Little
    Vice President of IR
  • Ms. Jacqueline S. Moore
    General Counsel & Corporate Secretary
  • Mr. Kent Ferguson
    Senior Vice President of Strategy, Sustainability & Corporate Development
  • Ms. Karen L. Keegans (Age 58)
    Chief Human Resources Officer
  • Mr. Arnel Lamco Santos (Age 52)
    Senior Vice President of Refining & Logistics

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

Pros

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

  • Suncor Energy Inc. operates as an integrated energy company with a strong presence in Canada, the United States, and internationally, providing geographic diversification for investors.
  • The company has a long history dating back to 1917, showcasing stability and experience in the energy sector.
  • Suncor Energy Inc. engages in various segments such as Oil Sands, Exploration and Production, and Refining and Marketing, allowing for diversified revenue streams.
  • Recent developments in the company's Oil Sands segment involving exploration, development, and production of bitumen and synthetic crude oil indicate growth potential.
  • Considering the current stock price and market conditions, Suncor Energy Inc. may present a value investment opportunity for investors seeking long-term growth.

Cons

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

  • The oil and gas industry, in which Suncor Energy Inc. operates, is subject to volatility due to factors like geopolitical tensions, supply-demand dynamics, and regulatory changes.
  • Fluctuations in commodity prices, especially crude oil, can significantly impact the company's financial performance and stock price.
  • Environmental concerns related to oil sands mining and refining activities may pose long-term risks to the company's operations and reputation.
  • Market competition and technological advancements in the energy sector could affect Suncor Energy Inc.'s market position and profitability.
  • Investors should carefully assess the company's debt levels, capital structure, and cash flow management to evaluate the financial health and sustainability of their investment in Suncor Energy Inc.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, April 13, 2024. Please send any questions or comments about these Suncor Energy pros and cons to contact@marketbeat.com.

SU Stock Analysis - Frequently Asked Questions

Should I buy or sell Suncor Energy stock right now?

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Suncor Energy in the last year. There are currently 6 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities 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?

11 Wall Street research analysts have issued 12-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 predict the company's share price to reach C$55.04 in the next year. This suggests a possible upside of 5.5% 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 2024?

Suncor Energy's stock was trading at C$42.45 at the start of the year. Since then, SU shares have increased by 22.9% and is now trading at C$52.18.
View the best growth stocks for 2024 here
.

When is Suncor Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 2024.
View our SU earnings forecast
.

How were Suncor Energy's earnings last quarter?

Suncor Energy Inc. (TSE:SU) announced its earnings results on Wednesday, February, 21st. The company reported $1.26 EPS for the quarter, topping the consensus estimate of $1.05 by $0.21. The company had revenue of $14.14 billion for the quarter, compared to analysts' expectations of $11.33 billion. Suncor Energy had a trailing twelve-month return on equity of 20.07% and a net margin of 16.90%.

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

Suncor Energy declared a quarterly dividend on Wednesday, February 21st. Stockholders of record on Monday, March 4th will be given a dividend of 0.545 per share on Monday, March 25th. This represents a $2.18 dividend on an annualized basis and a dividend yield of 4.18%. The ex-dividend date is Friday, March 1st.
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 4.20%. SU has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 34.44%. 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 4/17/2024 by MarketBeat.com Staff

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