SU Stock - Suncor Energy Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $50.69B | $49.09B | $58.34B | $39.13B | $24.66B |
| Gross Profit | $19.85B | $19.54B | $24.83B | $15.28B | $4.30B |
| Gross Margin | 39.2% | 39.8% | 42.6% | 39.0% | 17.4% |
| Operating Income | $9.04B | $8.68B | $13.93B | $6.29B | $-3,589,000,000 |
| Net Income | $6.02B | $8.29B | $9.08B | $4.12B | $-4,319,000,000 |
| Net Margin | 11.9% | 16.9% | 15.6% | 10.5% | -17.5% |
| EPS | $4.72 | $6.34 | $6.54 | $2.77 | $-2.83 |
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.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| November 6th 2025 | Raymond James | Upgrade | Outperform | - |
| October 17th 2025 | Wells Fargo | Initiation | Equal Weight | - |
| February 26th 2025 | BofA Securities | Resumed | Neutral | - |
| February 10th 2025 | Tudor, Pickering, Holt & Co. | Upgrade | Buy | - |
| December 16th 2024 | Morgan Stanley | Downgrade | Equal Weight | - |
| November 14th 2024 | Desjardins | Upgrade | Buy | - |
| August 7th 2024 | BMO Capital Markets | Upgrade | Outperform | - |
| August 7th 2024 | TD Securities | Upgrade | Buy | - |
| July 18th 2024 | Wolfe Research | Resumed | Outperform | $68 |
| September 28th 2023 | TD Securities | Downgrade | Hold | - |
| September 18th 2023 | Desjardins | Downgrade | Hold | - |
| August 23rd 2023 | Wells Fargo | Upgrade | Overweight | - |
| July 13th 2023 | BMO Capital Markets | Downgrade | Market Perform | - |
| July 12th 2023 | UBS | Initiation | Buy | - |
| April 28th 2023 | National Bank Financial | Upgrade | Outperform | - |
Earnings History & Surprises
SUEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 4, 2026 | — | — | — | — |
Q1 2026 | Feb 4, 2026 | $0.72 | — | — | — |
Q4 2025 | Nov 4, 2025 | $0.85 | $1.07 | +25.9% | ✓ BEAT |
Q3 2025 | Aug 5, 2025 | $0.50 | $0.51 | +2.0% | ✓ BEAT |
Q2 2025 | May 6, 2025 | $0.86 | $0.91 | +5.8% | ✓ BEAT |
Q1 2025 | Feb 5, 2025 | $0.82 | $0.89 | +8.5% | ✓ BEAT |
Q4 2024 | Nov 12, 2024 | $0.88 | $1.08 | +22.7% | ✓ BEAT |
Q3 2024 | Aug 6, 2024 | $0.76 | $0.93 | +22.4% | ✓ BEAT |
Q2 2024 | May 7, 2024 | $0.90 | $1.05 | +16.7% | ✓ BEAT |
Q1 2024 | Feb 21, 2024 | $0.79 | $0.93 | +17.7% | ✓ BEAT |
Q4 2023 | Nov 8, 2023 | $0.88 | $1.13 | +28.4% | ✓ BEAT |
Q3 2023 | Aug 14, 2023 | $0.59 | $0.71 | +20.3% | ✓ BEAT |
Q2 2023 | May 8, 2023 | $0.93 | $1.01 | +8.6% | ✓ BEAT |
Q1 2023 | Feb 14, 2023 | $1.26 | $1.33 | +5.6% | ✓ BEAT |
Q4 2022 | Nov 2, 2022 | $1.40 | $1.44 | +2.9% | ✓ BEAT |
Q3 2022 | Aug 4, 2022 | $2.51 | $2.71 | +8.0% | ✓ BEAT |
Q2 2022 | May 9, 2022 | $1.57 | $1.92 | +22.3% | ✓ BEAT |
Q1 2022 | Feb 2, 2022 | $0.94 | $0.89 | -5.3% | ✗ MISS |
Q4 2021 | Oct 27, 2021 | $0.58 | $0.56 | -3.4% | ✗ MISS |
Q3 2021 | Jul 28, 2021 | $0.49 | $0.48 | -2.0% | ✗ MISS |
Latest News
TD Securities Maintains Buy on Suncor Energy, Raises Price Target to C$73
📈 PositiveSuncor Maps 2026 Outlook With Strong Production, High Refining Utilization, Reaffirms Cash Flow Strength as It Targets $3.3B in Buybacks for 2026
📈 PositiveUBS Maintains Buy on Suncor Energy, Raises Price Target to C$65
📈 PositiveTD Securities Maintains Buy on Suncor Energy, Raises Price Target to C$71
📈 PositiveSuncor surges after posting strong Q3 earnings beat, record production
📈 PositiveSuncor Energy Q3 Adj. EPS $1.07 Beats $0.85 Estimate, Sales $9.200B Beat $8.280B Estimate
📈 PositiveSuncor Energy Announces Quarterly Dividend Increase From $0.57 Per Share to $0.60 Per Share
📈 PositiveSuncor Energy Reports An External Power Outage Occurred Affected Montreal Refinery; Reports Incident Triggered A Shutdown Of Facilities At Montreal Refinery
📉 NegativeWells Fargo Initiates Coverage On Suncor Energy with Equal-Weight Rating, Announces Price Target of C$57
➖ NeutralSuncor CFO Kris Smith To Retire At Year-End; Troy Little Will Be Appointed CFO, Effective November 1, 2025
➖ NeutralRBC Capital Reiterates Outperform on Suncor Energy, Maintains C$65 Price Target
📈 PositiveRBC Capital Reiterates Outperform on Suncor Energy, Maintains $65 Price Target
📈 PositiveShares of energy stocks are trading higher amid overall market strength after Fed Chair Powell said restrictive policy and shifting risks may warrant adjusting the Fed's stance.
📈 PositiveFrequently Asked Questions about SU
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