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TSE:SU

Suncor Energy (SU) Stock Price, News & Analysis

C$53.23
+0.03 (+0.06%)
(As of 07/26/2024 ET)
Today's Range
C$52.68
C$53.49
50-Day Range
C$49.97
C$56.03
52-Week Range
C$39.52
C$56.69
Volume
1.72 million shs
Average Volume
7.93 million shs
Market Capitalization
C$68.13 billion
P/E Ratio
8.77
Dividend Yield
4.10%
Price Target
C$61.75

Suncor Energy MarketRank™ Stock Analysis

Analyst Rating
Hold
2.46 Rating Score
Upside/​Downside
16.0% Upside
C$61.75 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.90mentions of Suncor Energy in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
C$5.17 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.

4.05 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

Nvidia’s Quiet $1 Trillion Pivot
Nvidia recently added $277 billion in market cap … IN ONE DAY.
Is it Too Late to Buy Suncor Stock?
Nvidia’s Quiet $1 Trillion Pivot
Nvidia recently added $277 billion in market cap … IN ONE DAY.
See More Headlines
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Company Calendar

Last Earnings
5/07/2024
Ex-Dividend for 6/25 Dividend
6/04/2024
Dividend Payable
6/25/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/06/2024

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$61.75
High Stock Price Target
C$79.00
Low Stock Price Target
C$51.00
Potential Upside/Downside
+16.0%
Consensus Rating
Hold
Rating Score (0-4)
2.46
Research Coverage
13 Analysts

Profitability

Net Income
C$7.85 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$49.56 billion
Cash Flow
C$4.52 per share
Book Value
C$34.43 per share

Miscellaneous

Outstanding Shares
1,280,000,000
Free Float
N/A
Market Cap
C$68.13 billion
Optionable
Not Optionable
Beta
1.50
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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 stock has passed above its 200-day moving average, indicating a potential uptrend in the stock price.
  • Analysts have given Suncor Energy an average price target of C$61.61, suggesting potential for price appreciation.
  • Suncor Energy reported earnings per share of C$1.41 for the quarter, beating analyst estimates by C$0.18, showcasing strong financial performance.
  • The company has a healthy return on equity of 18.64%, indicating efficient use of shareholder funds.
  • Suncor Energy has a low price-to-earnings ratio of 8.80, which may indicate the stock is undervalued compared to its earnings.

Cons

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

  • Suncor Energy stock is currently trading down 0.3%, which may indicate short-term weakness in the stock price.
  • The company has a high debt-to-equity ratio of 36.00, which could pose risks in times of economic uncertainty.
  • Suncor Energy's beta of 1.50 indicates the stock is relatively more volatile compared to the market average.
  • The stock's 12-month high of C$56.69 may suggest limited potential for significant short-term price growth.
  • With a market cap of C$66.87 billion, Suncor Energy is a large-cap stock, which may limit rapid growth opportunities.
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 Monday, July 22, 2024. Please send any questions or comments about these Suncor Energy pros and cons to contact@marketbeat.com.

SU Stock Analysis - Frequently Asked Questions

How have SU shares performed this year?

Suncor Energy's stock was trading at C$42.45 at the beginning of the year. Since then, SU stock has increased by 25.4% and is now trading at C$53.23.
View the best growth stocks for 2024 here
.

How were Suncor Energy's earnings last quarter?

Suncor Energy Inc. (TSE:SU) released its quarterly earnings results on Tuesday, May, 7th. The company reported $1.41 EPS for the quarter, topping analysts' consensus estimates of $1.23 by $0.18. The company earned $12.53 billion during the quarter, compared to analysts' expectations of $11.81 billion. Suncor Energy had a trailing twelve-month return on equity of 18.64% and a net margin of 15.85%.

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 other stocks do shareholders of Suncor Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that 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) and BCE (BCE).

This page (TSE:SU) was last updated on 7/27/2024 by MarketBeat.com Staff

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