Suncor Energy Future Growth

Future criteria checks 0/6

Suncor Energy's earnings are forecast to decline at 13.2% per annum while its annual revenue is expected to grow at 0.3% per year. EPS is expected to decline by 7.8% per annum. Return on equity is forecast to be 11.6% in 3 years.

Key information

-13.2%

Earnings growth rate

-7.8%

EPS growth rate

Oil and Gas earnings growth	1.5%
Revenue growth rate	0.3%
Future return on equity	11.6%
Analyst coverage	Good
Last updated	26 Apr 2024

Recent future growth updates

Recent updates

Global Crude Production Peaked In 2018, Which Is Why Suncor Makes Up A Fifth Of My Portfolio

Nov 10

Suncor Energy Non-GAAP EPS of $1.88 beats by $0.43; reaffirms FY22 production guidance

Nov 03

Suncor to buy additional stake in Fort Hills project from Teck in C$1B deal

Oct 27

Suncor Energy: Disgustingly Cheap While Performing At Par With Larger Peers

Oct 10

My Top Blue-Chip Pick In Oil/Gas: Suncor

Sep 21

Suncor Energy: Too Soon To Pull The Buy Trigger

Sep 08

Suncor Energy: A Low Share Price Is Not Your Enemy

Aug 22

Suncor Energy reports Q2 earnings; narrows FY22 production guidance

Aug 05

Revisiting Suncor Energy Amid Volatile Energy Prices

Jul 13

Suncor: The Last Man Standing

Jun 29

Earnings and Revenue Growth Forecasts

NYSE:SU - Analysts future estimates and past financials data (CAD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	49,620	5,889	5,650	12,206	4
12/31/2025	49,812	5,658	6,560	13,371	7
12/31/2024	50,554	6,406	6,578	13,548	7
12/31/2023	49,092	8,295	6,408	12,344	N/A
9/30/2023	50,202	8,216	6,224	11,950	N/A
6/30/2023	52,497	6,063	6,649	12,215	N/A
3/31/2023	56,913	8,180	8,429	13,647	N/A
12/31/2022	58,336	9,077	10,560	15,680	N/A
9/30/2022	55,565	7,889	9,409	14,371	N/A
6/30/2022	50,766	9,375	9,874	14,640	N/A
3/31/2022	43,790	6,247	7,709	12,491	N/A
12/31/2021	39,132	4,119	7,209	11,764	N/A
9/30/2021	34,598	2,398	5,625	9,963	N/A
6/30/2021	30,880	1,509	2,432	6,490	N/A
3/31/2021	25,950	27	227	3,636	N/A
12/31/2020	24,662	-4,319	-1,251	2,675	N/A
9/30/2020	27,534	-6,486	-569	4,165	N/A
6/30/2020	30,910	-5,439	747	6,056	N/A
3/31/2020	36,752	-2,096	4,282	10,257	N/A
12/31/2019	38,344	2,899	4,863	10,421	N/A
9/30/2019	37,418	4,954	6,227	11,157	N/A
6/30/2019	38,462	5,731	7,771	12,391	N/A
3/31/2019	38,718	3,974	6,386	11,404	N/A
12/31/2018	38,542	3,293	5,174	10,580	N/A
9/30/2018	38,954	4,955	4,415	10,295	N/A
6/30/2018	36,070	4,432	2,468	8,837	N/A
3/31/2018	32,974	3,895	1,600	8,062	N/A
12/31/2017	31,954	4,458	2,415	8,966	N/A
9/30/2017	30,821	3,607	N/A	9,002	N/A
6/30/2017	30,267	2,710	N/A	8,069	N/A
3/31/2017	28,950	1,540	N/A	7,260	N/A
12/31/2016	26,807	434	N/A	5,680	N/A
9/30/2016	25,466	-2,104	N/A	4,332	N/A
6/30/2016	25,542	-2,872	N/A	5,124	N/A
3/31/2016	27,723	-1,408	N/A	6,056	N/A
12/31/2015	29,208	-1,995	N/A	6,884	N/A
9/30/2015	31,608	96	N/A	7,456	N/A
6/30/2015	34,298	1,391	N/A	7,590	N/A
3/31/2015	36,649	873	N/A	8,079	N/A
12/31/2014	39,862	2,699	N/A	8,936	N/A
9/30/2014	40,777	3,058	N/A	9,257	N/A
6/30/2014	40,890	3,833	N/A	8,872	N/A
3/31/2014	40,092	4,302	N/A	9,259	N/A
12/31/2013	39,593	3,911	N/A	10,100	N/A
9/30/2013	39,175	2,894	N/A	8,940	N/A
6/30/2013	38,375	2,744	N/A	8,803	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SU's earnings are forecast to decline over the next 3 years (-13.2% per year).

Earnings vs Market: SU's earnings are forecast to decline over the next 3 years (-13.2% per year).

High Growth Earnings: SU's earnings are forecast to decline over the next 3 years.

Revenue vs Market: SU's revenue (0.3% per year) is forecast to grow slower than the US market (8.1% per year).

High Growth Revenue: SU's revenue (0.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: SU's Return on Equity is forecast to be low in 3 years time (11.6%).

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Suncor Energy Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Suncor Energy Inc. Updates Production Guidance for 2023

Suncor Energy Inc. Provides Production Guidance for the Year 2023

Suncor Energy Inc. Provides Production Guidance for the Year 2022

Recent updates

Suncor Energy Inc. to Report Q1, 2024 Results on May 07, 2024

Suncor Energy: Turnaround Story Not Reflected In The Share Price

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Suncor Digs Out Strong Total Return With 6% Production Growth

Fourth quarter dividend of CA$0.55 announced

Suncor Energy Inc., Annual General Meeting, May 07, 2024

Suncor Energy Looks Undervalued Against Peers

3 Reasons Why We Prefer Whitecap Resources Over Suncor Energy Today

Suncor Energy: Integrated Model Makes Shares Attractive

Suncor Energy Inc. to Report Q4, 2023 Results on Feb 21, 2024

Suncor Energy: An FCF Rockstar

Suncor Appoints Kent Ferguson as Senior Vice President, Strategy, Sustainability and Corporate Development, Effective January 2024

Suncor Energy: Navigating Oil And Gas Challenges With Strong Fundamentals

Upcoming dividend of CA$0.55 per share at 4.8% yield

Suncor Energy Inc. (TSX:SU) completed the acquisition of Total E&P Canada Ltd. from TotalEnergies SE (ENXTPA:TTE).

Suncor Energy Inc. Approves Quarterly Dividend, Payable December 22, 2023

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Suncor Energy's Shareholder Return Potential Is Impressive - 13% At $80 WTI

Suncor Energy: Oil Prices Spiking As This 4.5% Yield Beast Becomes A Buy

Suncor Energy: 5 Reasons It's Going Higher

Suncor Energy Inc. to Report Q3, 2023 Results on Nov 08, 2023

Suncor Energy Looks Golden

Suncor Energy: Ride The Potential Global Oil Price Spike

Suncor Energy Inc. Appoints Jane Peverett to the Board Effective September 1, 2023

Upcoming dividend of CA$0.52 per share at 4.7% yield

Upcoming dividend of CA$0.52 per share at 4.7% yield

New minor risk - Earnings quality

Suncor: A 5% Yield, Massive Buyback Potential, And Way Undervalued

Suncor Continues Talks to Buy TotalEnergies Fort Hills Oil Sands Stake

New minor risk - Profit margin trend

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Suncor Energy: A Dividend Stalwart With Staying Power

Suncor Energy: Canadian Oil Has Strength

Now 20% undervalued after recent price drop

Suncor Energy: It Is Not The Right Time To Buy

Suncor Appoints Dave Oldreive as Executive Vice President, Downstream

Suncor Energy Inc. to Report Q2, 2023 Results on Aug 01, 2023

Upcoming dividend of CA$0.52 per share at 5.4% yield

Chief Sustainability Officer recently bought US$287k worth of stock

Suncor Energy Inc. Approves Quarterly Dividend, Payable on June 26, 2023

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Now 20% undervalued after recent price drop

Upcoming dividend of CA$0.52 per share at 4.7% yield

Suncor Energy Approves Quarterly Dividend on its Common Shares, Payable March 24, 2023

Full year 2022 earnings: EPS exceeds analyst expectations

Suncor Energy Inc. Updates Production Guidance for 2023

Suncor Energy declares CAD 0.52 dividend

Suncor Energy Inc., Annual General Meeting, May 09, 2023

Suncor Energy Inc. (TSX:SU) completed the acquisition of an additional 14.65% equity stake in Fort Hills Energy Limited Partnership from Teck Resources Limited (TSX:TECK.B) for approximately CAD 690 million.

Suncor: Very Cheap And Offering A High Yield

Canadian Utilities Limited (TSX:CU) acquired Portfolio of Wind and Solar Assets and Projects Located in Alberta and Ontario from Suncor Energy Inc. (TSX:SU) for approximately CAD 710 million.

Suncor Energy Inc. to Report Q4, 2022 Results on Feb 14, 2023

Suncor Energy: Getting Left Behind By Its Energy Peers

Suncor Energy Inc. Provides Production Guidance for the Year 2023

Upcoming dividend of CA$0.52 per share

Suncor Energy Increases Quarterly Dividend, Payable on December 23, 2022

Suncor Energy raises dividend by 11% to C$0.52

Global Crude Production Peaked In 2018, Which Is Why Suncor Makes Up A Fifth Of My Portfolio

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Suncor Energy Non-GAAP EPS of $1.88 beats by $0.43; reaffirms FY22 production guidance

Suncor Energy Inc. (TSX:SU) agreed to acquire additional 21.3% equity stake in Fort Hills Energy Limited Partnership from Teck Resources Limited (TSX:TECK.B) for approximately CAD 1 billion.

Suncor Energy Inc. (TSX:SU) agreed to acquire additional 21.3% equity stake in Fort Hills Energy Limited Partnership from Teck Resources Limited (TSX:TECK.B) for approximately CAD 1 billion.

Suncor to buy additional stake in Fort Hills project from Teck in C$1B deal

Suncor Energy: Disgustingly Cheap While Performing At Par With Larger Peers

Canadian Utilities Limited (TSX:CU) entered into a definitive agreement to acquire a Portfolio of Wind and Solar Assets and Projects Located in Alberta and Ontario of Suncor Energy Inc. (TSX:SU) for approximately $730 million.

Investor sentiment improved over the past week

Suncor Energy Inc Commences Tender Offers for Ten Series of Notes

Suncor Energy Inc. to Report Q3, 2022 Results on Nov 02, 2022

My Top Blue-Chip Pick In Oil/Gas: Suncor

Independent Director recently bought US$114k worth of stock

Suncor Energy: Too Soon To Pull The Buy Trigger

Suncor Energy: A Low Share Price Is Not Your Enemy