View Future GrowthSuncor Energy 과거 순이익 실적과거 기준 점검 3/6Suncor Energy은 연평균 9.7%의 비율로 수입이 증가해 온 반면, Oil and Gas 산업은 수입이 8.4% 증가했습니다. 매출은 연평균 6.4%의 비율로 증가했습니다. Suncor Energy의 자기자본이익률은 13.8%이고 순이익률은 12.4%입니다.핵심 정보9.74%순이익 성장률13.11%주당순이익(EPS) 성장률Oil and Gas 산업 성장률33.67%매출 성장률6.41%자기자본이익률13.83%순이익률12.39%최근 순이익 업데이트31 Mar 2026최근 과거 실적 업데이트Reported Earnings • May 06First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: CA$1.77 (up from CA$1.36 in 1Q 2025). Revenue: CA$14.5b (up 18% from 1Q 2025). Net income: CA$2.10b (up 24% from 1Q 2025). Profit margin: 14% (in line with 1Q 2025). Revenue exceeded analyst estimates by 5.4%. Earnings per share (EPS) missed analyst estimates by 9.5%. Revenue is forecast to stay flat during the next 3 years compared to a 3.3% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings.공시 • Apr 22Suncor Energy Inc. to Report Q1, 2026 Results on May 05, 2026Suncor Energy Inc. announced that they will report Q1, 2026 results at 7:00 PM, US Eastern Standard Time on May 05, 2026Reported Earnings • Mar 02Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: CA$4.86. Revenue: CA$48.9b (down 3.5% from FY 2024). Net income: CA$5.92b (down 1.6% from FY 2024). Profit margin: 12% (in line with FY 2024). Oil reserves Proven reserves: 4125 MMbbls Combined production Oil equivalent production: 313.973 MMboe (302.074 MMboe in FY 2024) Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.1%. Revenue is forecast to stay flat during the next 3 years compared to a 4.1% growth forecast for the Oil and Gas industry in the US.공시 • Jan 21Suncor Energy Inc. to Report Q4, 2025 Results on Feb 03, 2026Suncor Energy Inc. announced that they will report Q4, 2025 results at 7:00 PM, US Eastern Standard Time on Feb 03, 2026Reported Earnings • Nov 06Third quarter 2025 earnings: EPS exceeds analyst expectationsThird quarter 2025 results: EPS: CA$1.34 (down from CA$1.59 in 3Q 2024). Revenue: CA$12.6b (down 2.6% from 3Q 2024). Net income: CA$1.62b (down 20% from 3Q 2024). Profit margin: 13% (down from 16% in 3Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 15%. Revenue is forecast to stay flat during the next 3 years compared to a 3.2% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.공시 • Oct 22Suncor Energy Inc. to Report Q3, 2025 Results on Nov 04, 2025Suncor Energy Inc. announced that they will report Q3, 2025 results on Nov 04, 2025모든 업데이트 보기Recent updatesDeclared Dividend • May 11First quarter dividend of CA$0.60 announcedShareholders will receive a dividend of CA$0.60. Ex-date: 4th June 2026 Payment date: 25th June 2026 Dividend yield will be 2.9%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is well covered by both earnings (45% earnings payout ratio) and cash flows (39% cash payout ratio). The dividend has increased by an average of 7.5% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 26% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • May 06First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: CA$1.77 (up from CA$1.36 in 1Q 2025). Revenue: CA$14.5b (up 18% from 1Q 2025). Net income: CA$2.10b (up 24% from 1Q 2025). Profit margin: 14% (in line with 1Q 2025). Revenue exceeded analyst estimates by 5.4%. Earnings per share (EPS) missed analyst estimates by 9.5%. Revenue is forecast to stay flat during the next 3 years compared to a 3.3% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings.공시 • Apr 22Suncor Energy Inc. to Report Q1, 2026 Results on May 05, 2026Suncor Energy Inc. announced that they will report Q1, 2026 results at 7:00 PM, US Eastern Standard Time on May 05, 2026Seeking Alpha • Apr 21Suncor: Moving My Buy Target Up To $55/Share On Post-Conflict FundamentalsSummary Suncor remains my largest holding, with a raised buy target of $55/share, reflecting a structurally tighter oil market outlook. SU benefits from ample reserves and operational efficiency, supporting sustained production growth and robust shareholder returns through buybacks and dividends. Global oil supply constraints, especially outside North America, and ongoing Middle East disruptions underpin a bullish long-term thesis for Suncor. I limit profit-taking above $65/share and plan incremental purchases on dips below $55, given the persistent supply/demand tightness. Read the full article on Seeking AlphaNew Risk • Mar 30New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.04% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.04% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Mar 02Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: CA$4.86. Revenue: CA$48.9b (down 3.5% from FY 2024). Net income: CA$5.92b (down 1.6% from FY 2024). Profit margin: 12% (in line with FY 2024). Oil reserves Proven reserves: 4125 MMbbls Combined production Oil equivalent production: 313.973 MMboe (302.074 MMboe in FY 2024) Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.1%. Revenue is forecast to stay flat during the next 3 years compared to a 4.1% growth forecast for the Oil and Gas industry in the US.Upcoming Dividend • Feb 25Upcoming dividend of CA$0.60 per shareEligible shareholders must have bought the stock before 04 March 2026. Payment date: 25 March 2026. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of American dividend payers (4.2%). In line with average of industry peers (3.4%).Declared Dividend • Feb 06Fourth quarter dividend of CA$0.60 announcedShareholders will receive a dividend of CA$0.60. Ex-date: 4th March 2026 Payment date: 25th March 2026 Dividend yield will be 3.5%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is well covered by both earnings (48% earnings payout ratio) and cash flows (41% cash payout ratio). The dividend has increased by an average of 7.9% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 17% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • Feb 05Suncor Energy Inc., Annual General Meeting, May 05, 2026Suncor Energy Inc., Annual General Meeting, May 05, 2026.공시 • Feb 04+ 1 more updateSuncor Energy Inc. Announces Appointment of Jennifer Kneale to Suncor's Board of Directors on February 3, 2026Suncor Energy Inc. announced that Jennifer Kneale was appointed to Suncor’s Board of Directors on February 3, 2026 and is a member of both the audit committee and the environment, health, safety and sustainable development committee. She is currently the President of Targa Resources Corp., an integrated midstream company headquartered in Houston, Texas. Prior to joining Targa, Ms. Kneale spent more than 10 years in the financial services industry, primarily in roles in private equity, asset management and investment banking.공시 • Jan 21Suncor Energy Inc. to Report Q4, 2025 Results on Feb 03, 2026Suncor Energy Inc. announced that they will report Q4, 2025 results at 7:00 PM, US Eastern Standard Time on Feb 03, 2026공시 • Dec 14Suncor Energy Inc. Provides Production Guidance for 2026Suncor Energy Inc. provided production guidance for 2026. For the year, the company expects total production to be 840,000 bbls/d to 870,000 bbls/d.Upcoming Dividend • Nov 26Upcoming dividend of CA$0.60 per shareEligible shareholders must have bought the stock before 03 December 2025. Payment date: 24 December 2025. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of American dividend payers (4.5%). In line with average of industry peers (4.1%).Declared Dividend • Nov 07Third quarter dividend of CA$0.60 announcedShareholders will receive a dividend of CA$0.60. Ex-date: 3rd December 2025 Payment date: 24th December 2025 Dividend yield will be 4.3%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (53% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 7.9% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 11% over the next 3 years, which should provide support to the dividend and adequate earnings cover.New Risk • Nov 06New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 11% Last year net profit margin: 16% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.7% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (11% net profit margin).Reported Earnings • Nov 06Third quarter 2025 earnings: EPS exceeds analyst expectationsThird quarter 2025 results: EPS: CA$1.34 (down from CA$1.59 in 3Q 2024). Revenue: CA$12.6b (down 2.6% from 3Q 2024). Net income: CA$1.62b (down 20% from 3Q 2024). Profit margin: 13% (down from 16% in 3Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 15%. Revenue is forecast to stay flat during the next 3 years compared to a 3.2% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.공시 • Nov 05+ 1 more updateSuncor Energy Inc. Approves Quarterly Dividend, Payable on December 24, 2025The Board of Directors of Suncor Energy Inc. has approved a quarterly dividend of CAD 0.60 per common share, representing an approximate 5% increase over the prior quarterly dividend. The dividend will be payable December 24, 2025 to shareholders of record at the close of business on December 3, 2025.공시 • Oct 22Suncor Energy Inc. to Report Q3, 2025 Results on Nov 04, 2025Suncor Energy Inc. announced that they will report Q3, 2025 results on Nov 04, 2025공시 • Oct 15+ 1 more updateSuncor Energy Inc. Announces CFO ChangesSuncor Energy announced that Kris Smith, the company's Chief Financial Officer, will retire on December 31, 2025, after more than 25 years of service. During his tenure at the Company, Kris has held several roles prior to his current role, including Executive Vice President, Downstream and Interim Chief Executive Officer. As a result, effective November 1, 2025: Kris Smith will take on an executive advisory role at the Company to ensure a smooth transition leading up to his retirement at year-end. Troy Little, currently Senior Vice President, External Affairs, will be appointed Chief Financial Officer. He will be responsible for all financial functions including controllers, treasury, tax, internal audit and enterprise risk management as well as information technology. Troy is a Chartered Professional Accountant and Chartered Financial Analyst and has over 25 years of financial experience gained in investment banking, equity research, accounting and financial management.Upcoming Dividend • Aug 28Upcoming dividend of CA$0.57 per shareEligible shareholders must have bought the stock before 04 September 2025. Payment date: 25 September 2025. Payout ratio is a comfortable 49% and this is well supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of American dividend payers (4.4%). In line with average of industry peers (4.0%).Declared Dividend • Aug 08Second quarter dividend of CA$0.57 announcedShareholders will receive a dividend of CA$0.57. Ex-date: 4th September 2025 Payment date: 25th September 2025 Dividend yield will be 4.6%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (49% earnings payout ratio) and cash flows (33% cash payout ratio). The dividend has increased by an average of 7.4% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 10% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Aug 06Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: CA$0.93 (down from CA$1.22 in 2Q 2024). Revenue: CA$12.0b (down 7.0% from 2Q 2024). Net income: CA$1.13b (down 28% from 2Q 2024). Profit margin: 9.5% (down from 12% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 7.4%. Earnings per share (EPS) also surpassed analyst estimates by 23%. Revenue is expected to decline by 1.7% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in the US are expected to grow by 3.7%. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.공시 • Jul 23Suncor Energy Inc. to Report Q2, 2025 Results on Aug 05, 2025Suncor Energy Inc. announced that they will report Q2, 2025 results at 7:00 PM, US Eastern Standard Time on Aug 05, 2025Upcoming Dividend • May 28Upcoming dividend of CA$0.57 per shareEligible shareholders must have bought the stock before 04 June 2025. Payment date: 25 June 2025. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 4.7%. Within top quartile of American dividend payers (4.7%). Higher than average of industry peers (4.2%).Declared Dividend • May 09First quarter dividend of CA$0.57 announcedShareholders will receive a dividend of CA$0.57. Ex-date: 4th June 2025 Payment date: 25th June 2025 Dividend yield will be 5.1%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is well covered by both earnings (46% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 7.4% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 7.5% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • May 09Suncor Energy Declares Quarterly Dividend, Payable on June 25, 2025Suncor Energy’s Board of Directors has approved a quarterly dividend of $0.57 per share on its common shares, payable June 25, 2025 to shareholders of record at the close of business on June 4, 2025.Reported Earnings • May 07First quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2025 results: EPS: CA$1.36 (up from CA$1.25 in 1Q 2024). Revenue: CA$12.3b (flat on 1Q 2024). Net income: CA$1.69b (up 4.9% from 1Q 2024). Profit margin: 14% (in line with 1Q 2024). Revenue missed analyst estimates by 6.7%. Earnings per share (EPS) exceeded analyst estimates by 9.1%. Revenue is expected to decline by 2.1% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in the US are expected to grow by 3.6%. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 2% per year.공시 • Apr 23Suncor Energy Inc. to Report Q1, 2025 Results on May 06, 2025Suncor Energy Inc. announced that they will report Q1, 2025 results at 7:00 PM, US Eastern Standard Time on May 06, 2025Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to US$31.54, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 9x in the Oil and Gas industry in the US. Total returns to shareholders of 10% over the past three years.Seeking Alpha • Mar 26Suncor Energy: Well Positioned To Survive U.S. TariffsSummary Suncor Energy, an integrated oil company, excels in oil sands, E&P, and refining/marketing, with significant investments in low-carbon operations. Despite challenges like high costs and geopolitical risks, Suncor remains competitive with strong sales, a low valuation, and a robust dividend yield. The Trans Mountain Pipeline reduces U.S. reliance, opening new markets and improving WCS pricing relative to WTI. Suncor's profitability and growth metrics are solid, making it potentially undervalued compared to peers, with a 13.8% FCF yield and a 4.37% dividend yield. Read the full article on Seeking AlphaUpcoming Dividend • Feb 25Upcoming dividend of CA$0.57 per shareEligible shareholders must have bought the stock before 04 March 2025. Payment date: 25 March 2025. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 4.1%. Lower than top quartile of American dividend payers (4.5%). In line with average of industry peers (4.0%).Seeking Alpha • Feb 15Suncor: Prepare For Even Better ReturnsSummary Suncor Energy has achieved its net debt target, enabling it to return more money to shareholders through dividends and buybacks, making it an attractive investment. Despite lower oil prices, Suncor reported strong Q4 results, with record production levels and impressive free funds flow, highlighting its operational efficiency. The macro environment appears moderately bullish, with postponed tariffs, potential favorable Canadian elections, and declining global oil inventories supporting a positive outlook for Suncor. Trading at a significant discount to its historical valuation, Suncor offers compelling dividend growth and total return opportunities, barring unlikely risks like oil price crashes or new tariffs. Read the full article on Seeking AlphaDeclared Dividend • Feb 09Fourth quarter dividend of CA$0.57 announcedShareholders will receive a dividend of CA$0.57. Ex-date: 4th March 2025 Payment date: 25th March 2025 Dividend yield will be 4.6%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (47% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 9.5% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 14% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • Feb 08+ 1 more updateSuncor Energy Inc. Provides Production Guidance for the Year 2025Suncor Energy Inc. provided production guidance for the year 2025. The company expects upstream production to average 810,000 barrels per day to 840,000 barrels per day with continued strong production performance across assets, including increased bitumen sales to market and factoring in planned maintenance, specifically planned downtime at base plant with the 91-day coke drum replacement project scheduled to start in the second quarter, annual coker turnaround at both Upgrader 2 at Base Plant and Syncrude, both of which will be starting in the third quarter. And Fort Hills has small planned turnarounds in both the second and fourth quarters. Downstream, we're guiding to an average refinery utilization of 93% to 97%, which is higher than its 2024 guidance to reflect higher reliability, offset by planned maintenance activities at its Sarnia refinery starting in first quarter and Edmonton refinery starting in second quarter.Reported Earnings • Feb 06Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: CA$4.72 (down from CA$6.34 in FY 2023). Revenue: CA$51.1b (up 4.2% from FY 2023). Net income: CA$6.02b (down 28% from FY 2023). Profit margin: 12% (down from 17% in FY 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 10.0%. Revenue is expected to decline by 3.0% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in the US are expected to grow by 3.8%. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 10% per year.공시 • Feb 06Suncor Energy Inc., Annual General Meeting, May 06, 2025Suncor Energy Inc., Annual General Meeting, May 06, 2025.공시 • Jan 23Suncor Energy Inc. to Report Q4, 2024 Results on Feb 05, 2025Suncor Energy Inc. announced that they will report Q4, 2024 results After-Market on Feb 05, 2025Seeking Alpha • Jan 13Suncor Sets New Records, Here's Why You Should InvestSummary Suncor Energy Inc., a $50 billion Canadian integrated energy company, boasts reliable assets with a low decline rate, ensuring decades of reserves. The company plans $6.4 billion in 2024 capital expenditures, with production expected at 790k barrels/day and 94% refinery utilization. Suncor's low operating expenses and minimal maintenance needs enable strong cash flow and impressive shareholder returns. The main risk is oil price volatility, which could impact SU cash flow and shareholder returns, as seen during the 2020 downturn. Read the full article on Seeking AlphaSeeking Alpha • Dec 20Suncor: Maybe The Best Buying Opportunity One Might Get For A WhileSummary Suncor's strong financials and ample oil reserves make it a buy at $35/share, with potential upside from higher oil prices and production growth. Canada's proposed emissions cap is unlikely to be implemented, reducing regulatory risks and potentially boosting Suncor's stock price. Suncor's profitability and production gains position it well against peers, despite current depressed oil prices and market volatility. I plan to buy Suncor shares at $35/share or under and sell incrementally if the price exceeds $45/share, with a solid 4.5% dividend making the wait for my thesis to play out more pleasant. Read the full article on Seeking Alpha공시 • Dec 14Suncor Energy Inc. Provides Production Guidance for the Full Year 2025Suncor Energy Inc. provided production guidance for the full year 2025. For the year, the company expects total production to be in range of 810,000 boe/d - 840,000 boe/d.Declared Dividend • Nov 15Third quarter dividend of CA$0.57 announcedShareholders will receive a dividend of CA$0.57. Ex-date: 3rd December 2024 Payment date: 24th December 2024 Dividend yield will be 4.4%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (35% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 25% over the next 3 years. However, it would need to fall by 61% to increase the payout ratio to a potentially unsustainable range.Reported Earnings • Nov 13Third quarter 2024 earnings: EPS exceeds analyst expectationsThird quarter 2024 results: EPS: CA$1.59 (up from CA$1.19 in 3Q 2023). Revenue: CA$13.1b (up 3.3% from 3Q 2023). Net income: CA$2.02b (up 31% from 3Q 2023). Profit margin: 16% (up from 12% in 3Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 29%. Revenue is expected to decline by 3.4% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in the US are expected to grow by 3.1%. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 16% per year.Seeking Alpha • Nov 13Suncor Energy: Significant FCF Generation In Q3, Supported By Decline Rates In The IndustrySummary Suncor just reported the highest refining throughput in the company's history at 488,000 barrels per day, and the upstream segment also reported its best third quarter ever. The management change that occurred in 2023 led to a strategic review of the portfolio, and the improvements in operational efficiency are clearly visible by now. Suncor's asset base is characterized by a high level of integration along with a compelling concentration around low-decline oil sand mining assets. Using a free cash flow estimate of CAD$6.5 billion in 2024, Suncor is currently trading at a free cash flow yield of around 8.5%. Read the full article on Seeking Alpha공시 • Oct 23Suncor Energy Inc. to Report Q3, 2024 Results on Nov 12, 2024Suncor Energy Inc. announced that they will report Q3, 2024 results at 7:00 PM, US Eastern Standard Time on Nov 12, 2024Seeking Alpha • Oct 16Suncor Energy: The Best Is Yet To ComeSummary Suncor Energy is a high-quality Canadian oil company with strong results, a nice starting yield, and an undemanding valuation. Despite macroeconomic uncertainties, Suncor's operational performance is robust, with increasing production and significant cash flow generation. Suncor is reducing its debt and plans to enhance shareholder returns through dividends and aggressive buybacks. Suncor's low valuation and strong free cash flow yield make it an attractive investment for those seeking energy exposure and solid shareholder returns. Read the full article on Seeking AlphaSeeking Alpha • Sep 12Cashing In On Suncor: A High-Yield Oil Play Too Good To IgnoreSummary Despite current oil price pressure, Suncor's integrated business model and cost efficiencies position it well for long-term success and substantial returns. Suncor is aggressively returning capital to shareholders through dividends and buybacks, supported by robust free cash flow and debt reduction. The company trades at an attractive valuation, offering a deep-value opportunity with significant upside potential as oil prices stabilize. Operational efficiencies, including advanced technologies and optimized production, enhance profitability, making Suncor a strong buy in the energy sector. Read the full article on Seeking AlphaUpcoming Dividend • Aug 28Upcoming dividend of CA$0.55 per shareEligible shareholders must have bought the stock before 04 September 2024. Payment date: 25 September 2024. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of American dividend payers (4.3%). In line with average of industry peers (4.0%).Seeking Alpha • Aug 11Suncor's Growing Buybacks Can Push Shares HigherSummary Suncor Energy shares have risen 28% in the past year, driven by strong capital returns and low-cost oil sands operations, as well as efficiency gains. Suncor reported solid Q2 earnings, beating expectations and benefiting from increased commodity prices and strong cost controls. Suncor's integrated business model, strong balance sheet, and increased buybacks make it an attractive investment with potential for share price growth. Read the full article on Seeking AlphaDeclared Dividend • Aug 09Second quarter dividend of CA$0.55 announcedShareholders will receive a dividend of CA$0.55. Ex-date: 4th September 2024 Payment date: 25th September 2024 Dividend yield will be 4.4%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (37% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 11% over the next 3 years. However, it would need to fall by 59% to increase the payout ratio to a potentially unsustainable range.공시 • Aug 08Suncor Energy Inc. announces Quarterly dividend, payable on September 25, 2024Suncor Energy Inc. announced Quarterly dividend of CAD 0.5450 per share payable on September 25, 2024, ex-date on September 04, 2024 and record date on September 04, 2024.Reported Earnings • Aug 07Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: CA$1.22 (down from CA$1.44 in 2Q 2023). Revenue: CA$13.0b (up 11% from 2Q 2023). Net income: CA$1.57b (down 17% from 2Q 2023). Profit margin: 12% (down from 16% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.8%. Earnings per share (EPS) also surpassed analyst estimates by 8.5%. Revenue is expected to decline by 2.8% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in the US are expected to grow by 1.9%. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.공시 • Jul 24Suncor Energy Inc. to Report Q2, 2024 Results on Aug 06, 2024Suncor Energy Inc. announced that they will report Q2, 2024 results at 7:00 PM, US Eastern Standard Time on Aug 06, 2024Seeking Alpha • Jul 06Suncor Energy: Soaring Buybacks And DividendsSummary Suncor Energy Inc. offers appealing shareholder returns that continue to grow. Recent business performance shows strong profits and cash flows, with growth capital spending leading to record-high production levels. Suncor Energy's updated shareholder return framework includes an increased buyback pace and massive expected free cash flow per share growth in the coming years. Read the full article on Seeking AlphaUpcoming Dividend • May 28Upcoming dividend of CA$0.55 per shareEligible shareholders must have bought the stock before 04 June 2024. Payment date: 25 June 2024. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of American dividend payers (4.7%). In line with average of industry peers (4.0%).Seeking Alpha • May 19Dividend Growth And Buybacks - Why Suncor Remains One Of My Best Ideas In EnergySummary Canada's role in the global energy sector is essential due to its large reserves and low decline rates. Suncor Energy is a standout company in the sector with efficient operations, deep reserves, and impressive production growth. Shareholders can expect strong cash flow, rising dividends, and aggressive buybacks as debt levels decrease, making Suncor an attractive investment opportunity. Read the full article on Seeking AlphaDeclared Dividend • May 10First quarter dividend of CA$0.55 announcedShareholders will receive a dividend of CA$0.55. Ex-date: 4th June 2024 Payment date: 25th June 2024 Dividend yield will be 4.3%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (35% earnings payout ratio) and cash flows (35% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 22% over the next 3 years. However, it would need to fall by 61% to increase the payout ratio to a potentially unsustainable range.Reported Earnings • May 08First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2024 results: EPS: CA$1.25 (down from CA$1.54 in 1Q 2023). Revenue: CA$12.5b (up 5.2% from 1Q 2023). Net income: CA$1.61b (down 22% from 1Q 2023). Profit margin: 13% (down from 17% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) exceeded analyst estimates by 6.4%. Revenue is forecast to stay flat during the next 3 years compared to a 2.1% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • May 01Now 20% undervaluedOver the last 90 days, the stock has risen 15% to US$37.65. The fair value is estimated to be US$47.07, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 0.4% per annum. Earnings are forecast to decline by 13% per annum over the same time period.Seeking Alpha • Apr 29Suncor Energy: Still Not Too Late To BuySummary Suncor Energy stock is still attractive despite trading near a 52-week high. It trades at ~10x FWD P/E only, yet offers many profit catalysts. I expect increases in oil prices, improved capacity utilization rates, and contributions from recent acquisitions and capital improvement projects. Read the full article on Seeking Alpha공시 • Apr 24Suncor Energy Inc. to Report Q1, 2024 Results on May 07, 2024Suncor Energy Inc. announced that they will report Q1, 2024 results on May 07, 2024Seeking Alpha • Apr 17Suncor Energy: Turnaround Story Not Reflected In The Share PriceSummary Suncor's new management is successfully transforming the company from hazardous to safe. Recent results show large improvements across all metrics. Suncor's integrated business model makes its free cash flow very resilient. An increase in shareholders' payout is on the horizon, with a large potential for dividend growth from the current 4.25% yield. A 5-year projection with a DCF valuation points to a target share price of C$67 or US$49, suggesting a 31% upside in the share price, making it a strong buy. Read the full article on Seeking AlphaReported Earnings • Mar 23Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: CA$6.34 (down from CA$6.54 in FY 2022). Revenue: CA$49.1b (down 16% from FY 2022). Net income: CA$8.30b (down 8.6% from FY 2022). Profit margin: 17% (up from 16% in FY 2022). Oil reserves Proven reserves: 4474 MMbbls Combined production Oil equivalent production: 272 MMboe Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) also surpassed analyst estimates by 31%. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.Seeking Alpha • Mar 12Suncor Digs Out Strong Total Return With 6% Production GrowthSummary Suncor Energy predicts 6% production growth in 2024 and expects stronger refinery utilization. OPEC+ cuts, potential US demand increases, and Trans Mountain Pipeline capacity present opportunities for market access and better pricing. Fortress balance sheet, with a debt to EBITDA of under 1.0x and $4.6 billion in free cash flow. Read the full article on Seeking AlphaDeclared Dividend • Feb 25Fourth quarter dividend of CA$0.55 announcedShareholders will receive a dividend of CA$0.55. Ex-date: 1st March 2024 Payment date: 25th March 2024 Dividend yield will be 5.1%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (44% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 35% over the next 3 years. However, it would need to fall by 63% to increase the payout ratio to a potentially unsustainable range.공시 • Feb 09Suncor Energy Inc., Annual General Meeting, May 07, 2024Suncor Energy Inc., Annual General Meeting, May 07, 2024.Seeking Alpha • Feb 07Suncor Energy Looks Undervalued Against PeersSummary Suncor Energy's share price has fallen 3% in the past 5 years despite demand for oil only growing. Suncor Energy has significant reserves and falling net debt and is committed to shareholder returns via buybacks. It trades at a discount to peers that I believe is unwarranted and has a potential upside of 42% to reach fair value. Read the full article on Seeking AlphaSeeking Alpha • Jan 093 Reasons Why We Prefer Whitecap Resources Over Suncor Energy TodaySummary On our previous coverage of Whitecap Resources, we suggested investors swap into Suncor Energy. Suncor Energy outperformed Whitecap Energy in terms of total returns, but the two stocks tracked each other closely. Today, we give you three reasons why Whitecap is a bit more appealing now. Read the full article on Seeking AlphaSeeking Alpha • Jan 03Suncor Energy: Integrated Model Makes Shares AttractiveSummary Suncor Energy's shares had a flat performance in 2023 due to declining commodity prices, but its integrated business model and strong free cash flow generation make it an attractive investment. The company's oil sands operations have been controversial but provide strong incremental cash returns, and its refining assets help reduce sensitivity to oil prices. Suncor expects modest growth in oil sands production and plans to invest in capital projects, while its refining assets are expected to continue performing well. Read the full article on Seeking Alpha공시 • Dec 29Suncor Energy Inc. to Report Q4, 2023 Results on Feb 21, 2024Suncor Energy Inc. announced that they will report Q4, 2023 results on Feb 21, 2024Seeking Alpha • Dec 18Suncor Energy: An FCF RockstarSummary Suncor Energy is a strong performer in the oil and gas industry, generating substantial free cash flows and maintaining a balanced capital allocation approach. Despite a decline in revenue in 2023, Suncor is expected to benefit from industry tailwinds, which I describe in my analysis. My valuation simulation suggests the stock is 30% undervalued. Read the full article on Seeking Alpha공시 • Dec 08+ 1 more updateSuncor Appoints Kent Ferguson as Senior Vice President, Strategy, Sustainability and Corporate Development, Effective January 2024Suncor announced that Kent Ferguson will be joining the company in January 2024 as Senior Vice President, Strategy, Sustainability and Corporate Development, reporting directly to Rich Kruger, President and CEO. The appointment of Kent concludes the reconfiguration of Suncor's executive leadership team. Kent brings over 25 years of energy industry experience to the role, including an extensive understanding of the Canadian market. Throughout his career at RBC, Kent has had a variety of roles leading global and energy market activities. His most recent position was the Managing Director and Co-Head of Global Energy at RBC Capital Markets. While with RBC, Kent served as a driving force on a number of key initiatives including Indigenous finance, climate change, emissions, energy policy, sustainable finance, environmental markets, energy transition, as well as diversity and inclusion. Kent is a CFA, charter holder, CFA Institute and holds a Bachelor of Commerce degree from the University of Saskatchewan.Seeking Alpha • Nov 28Suncor Energy: Navigating Oil And Gas Challenges With Strong FundamentalsSummary Suncor Energy is a respected company with a strong track record of increasing production and generating shareholder returns. The company's performance is closely tied to oil prices, and it is expected to benefit from increases in demand. Suncor has a steady increase in daily average production and strong free cash flow, which supports its ability to pay dividends and pursue growth opportunities. Read the full article on Seeking AlphaUpcoming Dividend • Nov 23Upcoming dividend of CA$0.55 per share at 4.8% yieldEligible shareholders must have bought the stock before 30 November 2023. Payment date: 22 December 2023. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 4.8%. Lower than top quartile of American dividend payers (5.0%). In line with average of industry peers (4.5%).공시 • Nov 22Suncor Energy Inc. (TSX:SU) completed the acquisition of Total E&P Canada Ltd. from TotalEnergies SE (ENXTPA:TTE).Suncor Energy Inc. (TSX:SU) signed an agreement to acquire Total E&P Canada Ltd. from TotalEnergies SE (ENXTPA:TTE) for CAD 6.1 billion on April 26, 2023. Under the terms of the transaction, Suncor would acquire all of the shares of Total E&P Canada for cash consideration of CAD 5.5 billion at closing subject to adjustments, with the potential for additional payments of up to an aggregate maximum of CAD 600 million, conditional upon Western Canadian Select benchmark pricing and certain production targets. The transaction includes the acquisition of the remaining 31.23% working interest in Fort Hills and 50% working interest in Surmont, held by Total E&P Canada. The transaction will be funded through cash on hand and debt. The offering $1.5 billion will be used to fund the transaction. The transaction is subject to regulatory approvals, the waiver of TotalEnergies EP Canada Ltd’s partners pre-emption rights, ConocoPhillips waiving its right of first refusal in respect of the Surmont working interest and customary closing conditions. On May 26, 2023, Suncor Energy has been notified that ConocoPhillips Canada has elected to exercise their right of first refusal with respect to TotalEnergies’ 50% working interest in the Surmont asset. As a result, each of the parties has the right to terminate the agreement under which Suncor would acquire TotalEnergies’ Canadian operations and Suncor will be assessing the transaction in light of this change. As of October 4, 2023, Suncor Energy announced that it has agreed to acquire Total E&P Canada Ltd., which holds a 31.23% working interest in the Fort Hills oil sands mining project for CAD 1.468 billion. Upon closing of the transaction, Suncor will own 100% of Fort Hills. Regulatory approvals have been received and, subject to closing, the transaction will have an effective date of April 1, 2023. The transaction is expected to close by end of third quarter of 2023. The acquisition is expected to strengthen the underlying business, result in increasing funds flow and be accretive to funds flow per share. David Harrison of J.P. Morgan Securities Canada Inc. acted as financial advisor and Peter Keohane, Chris Harris and Ky Kvisle of Blake, Cassels & Graydon LLP and Adam Givertz and Andrew Finch of Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as legal advisors to Suncor. RBC Capital Markets (Europe) GmbH, Paris Branch and TD Securities, Inc. acted as financial advisor to TotalEnergies SE. Suncor Energy Inc. (TSX:SU) completed the acquisition of Total E&P Canada Ltd. from TotalEnergies SE (ENXTPA:TTE) on November 20, 2023.공시 • Nov 17Suncor Energy Inc. Approves Quarterly Dividend, Payable December 22, 2023Suncor Energy Inc. Board of Directors has approved a quarterly dividend of $0.545 per share on its common shares representing an increase of approximately 5% over the prior quarter dividend. The dividend will be payable December 22, 2023 to shareholders of record at the close of business on December 1, 2023.Reported Earnings • Nov 10Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: EPS: CA$1.19 (up from CA$0.45 loss in 3Q 2022). Revenue: CA$12.6b (down 15% from 3Q 2022). Net income: CA$1.54b (up CA$2.15b from 3Q 2022). Profit margin: 12% (up from net loss in 3Q 2022). The move to profitability was driven by lower expenses. Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) also missed analyst estimates by 9.7%. Revenue is forecast to decline by 3.3% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in the US are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth.Seeking Alpha • Nov 09Suncor Energy's Shareholder Return Potential Is Impressive - 13% At $80 WTISummary US shale production is running out of steam, shifting power back to OPEC and making Canadian energy players more attractive. Suncor Energy is a major player in the Canadian energy sector, with efficient upstream and refining operations and a strong dividend. Suncor's strong financial performance, reduction in net debt, and potential for shareholder distributions make it an undervalued investment opportunity. Read the full article on Seeking AlphaSeeking Alpha • Oct 25Suncor Energy: Oil Prices Spiking As This 4.5% Yield Beast Becomes A BuySummary Suncor Energy offers a double-digit upside potential with a price target above $42 per share. The company is well-prepared for long-term challenges in the oil industry and has a strong foothold in ensuring a sustainable energy future. Suncor's production levels and utilization rates have been growing, and the price of crude oil is expected to increase, indicating positive market conditions. Read the full article on Seeking AlphaSeeking Alpha • Oct 17Suncor Energy: 5 Reasons It's Going HigherSummary Suncor has 26 years of oil reserves and can produce them profitably at an average price of $35 per barrel. Suncor has higher gross margins than other major oil companies due to its limited overseas exposure and minimal spending on exploration. The completion of the Trans Mountain Pipeline expansion will allow Suncor to ship oil to Asia, expanding its market. Read the full article on Seeking Alpha공시 • Sep 30Suncor Energy Inc. to Report Q3, 2023 Results on Nov 08, 2023Suncor Energy Inc. announced that they will report Q3, 2023 results on Nov 08, 2023Seeking Alpha • Sep 21Suncor Energy Looks GoldenSummary Earlier this year, Shark Tank star Kevin O'Leary commented that energy stocks looked golden. In particular, he pointed out their robust cash flow and generous payouts. His thesis has worked out beautifully in the U.S. market so far. In this article, I will argue Canada’s leading energy stock, Suncor Energy Inc., looks golden too, probably even more so than its U.S. peers. Besides showing all the traits O’Leary praised (cash flow and distributions), its value-price gap is too large to ignore. Read the full article on Seeking AlphaSeeking Alpha • Sep 14Suncor Energy: Ride The Potential Global Oil Price SpikeSummary Suncor Energy is well-positioned for a potential oil price spike and has one of the best reserve life ratios in the industry. Suncor's latest quarterly results show steady production growth and ample reserves. The global supply/demand gap for oil is likely to persist, creating investment opportunities for Suncor. In the event that the oil price spike thesis gets delayed, Suncor is the stock to wait it out, given that many of its peers are currently experiencing a steady decline in upstream production, due to a lack of reserves. Read the full article on Seeking Alpha공시 • Sep 06Suncor Energy Inc. Appoints Jane Peverett to the Board Effective September 1, 2023Eira Thomas has retired from Suncor Energy Inc.’s board of directors and Jane Peverett has been appointed to the board effective September 1, 2023. Peverett had a successful 25-year career in the energy sector, primarily in the utility space. Before retiring from her executive career, Peverett was chief executive officer of the B.C. Transmission Corporation, where among other accomplishments, she initiated construction of the first major expansion of B.C.'s electrical grid. Prior to that, Peverett held progressively more senior finance and regulatory affairs roles at Westcoast Energy, until her appointment in 2001 as president and chief executive officer of Union Gas Limited, becoming the first woman president of a natural gas utility in Canada. Since starting her board career, Peverett has served on numerous corporate boards in the energy, banking, insurance, transportation, utility and media industries in Canada and the U.S. She is currently serving on the boards of Canadian Pacific Kansas City Limited, Northwest Natural Holding Company and Capital Power Corporation. Peverett also serves as chair of the CSI Group (formerly the Canadian Standards Association). Peverett's appointment follows the retirement of Thomas.Upcoming Dividend • Aug 24Upcoming dividend of CA$0.52 per share at 4.7% yieldEligible shareholders must have bought the stock before 31 August 2023. Payment date: 25 September 2023. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 4.7%. Lower than top quartile of American dividend payers (4.9%). In line with average of industry peers (4.4%).Upcoming Dividend • Aug 24Upcoming dividend of CA$0.52 per share at 4.7% yieldEligible shareholders must have bought the stock before 31 August 2023. Payment date: 25 September 2023. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 4.7%. Lower than top quartile of American dividend payers (4.9%). In line with average of industry peers (4.4%).New Risk • Aug 20New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 24% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 8.3% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (12% net profit margin).Seeking Alpha • Aug 17Suncor: A 5% Yield, Massive Buyback Potential, And Way UndervaluedSummary Suncor Energy, a Canadian integrated oil company, is poised for growth with efficient operations, substantial oil reserves, and plans to distribute excess cash to shareholders. SU generates substantial cash flow with a clear plan to reward shareholders through buybacks. It also has an attractive dividend yield. With a focus on operational improvements, increasing refinery utilization rates, and potential oil price growth, SU presents an attractive long-term investment opportunity. Read the full article on Seeking Alpha공시 • Aug 17Suncor Continues Talks to Buy TotalEnergies Fort Hills Oil Sands StakeCanada’s Suncor Energy Inc. (TSX:SU) is continuing talks with French oil major TotalEnergies SE (ENXTPA:TTE) about buying its nearly one-third stake in the Fort Hills oil sands mine, Suncor’s CEO said. Chief Executive Rich Kruger said he expects a resolution of the talks this year. Canada’s second-largest oil producer is looking to increase its bitumen supplies to replace its aging Base Mine. “We generally would prefer to operate and have 100% ownership of our assets; that's generally where we think we can add the most value and be the most competitive,” Kruger said on a quarterly conference call. "Fort Hills would fit into that." Total owns a 31.23% stake in Alberta's Fort Hills, with the operator Suncor owning the rest. Suncor agreed in April to buy Total’s Canadian operations for CAD 5.5 billion ($4.08 billion), including Total’s Fort Hills interest and its 50% stake in the Surmont facility. However, ConocoPhillips (COP.N), which operates Surmont, exercised its right of first refusal to buy Total’s stake instead of Suncor, triggering a review of Suncor’s deal with Total. Kruger said Suncor also has internal options to increase its long-term bitumen supply.New Risk • Aug 16New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 11% Last year net profit margin: 18% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 7.4% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (11% net profit margin).Reported Earnings • Aug 16Second quarter 2023 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2023 results: EPS: CA$1.44 (down from CA$2.84 in 2Q 2022). Revenue: CA$11.7b (down 27% from 2Q 2022). Net income: CA$1.88b (down 53% from 2Q 2022). Profit margin: 16% (down from 25% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 15%. Earnings per share (EPS) also surpassed analyst estimates by 57%. Revenue is expected to fall by 8.6% p.a. on average during the next 3 years compared to a 2.5% decline forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.Seeking Alpha • Jul 28Suncor Energy: A Dividend Stalwart With Staying PowerSummary Suncor Energy Inc. has a manageable debt load and plans to pay down $9 billion of debt over the next 2 years. The company extracts primarily Bitumen from Canadian oil sands and has a strong portfolio of assets. Suncor Energy Inc. intends to allocate 50% of additional capital towards share buybacks and the remaining 50% towards deleveraging efforts. Read the full article on Seeking AlphaSeeking Alpha • Jul 17Suncor Energy: Canadian Oil Has StrengthSummary Suncor Energy Inc. has a dividend yield of more than 5% and an incredibly manageable sustaining capital. The company has substantial additional cash flow, which it can use to drive a variety of shareholder returns. The company has a multi-decade reserve life that is the backstop to valuable long-term shareholder returns. Read the full article on Seeking AlphaBuying Opportunity • Jun 21Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 1.8%. The fair value is estimated to be US$36.56, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 24% in 2 years. Earnings is forecast to decline by 27% in the next 2 years.Seeking Alpha • Jun 09Suncor Energy: It Is Not The Right Time To BuySummary Suncor Energy's recent developments and planned maintenance have improved its production, refining, and processing capacities. Despite these improvements, the current crude oil prices may prevent the company from reporting strong financial results. Suncor Energy is a hold, as the company's operating earnings may not be attractive enough to gain investor attention at the current crude oil prices. Read the full article on Seeking Alpha매출 및 비용 세부 내역Suncor Energy가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이NYSE:SU 매출, 비용 및 순이익 (CAD Millions)날짜매출순이익일반관리비연구개발비31 Mar 2651,0666,32913,895031 Dec 2548,9085,91813,404030 Sep 2549,3975,26013,288030 Jun 2549,7335,66113,082031 Mar 2550,6316,09513,088031 Dec 2450,6896,01613,175030 Sep 2450,9688,01813,161030 Jun 2450,7297,54213,230031 Mar 2449,5597,85313,226031 Dec 2349,0928,29513,193030 Sep 2350,2028,21613,350030 Jun 2352,4976,06313,304031 Mar 2356,9138,18013,239031 Dec 2258,3369,07712,904030 Sep 2255,5657,88912,342030 Jun 2250,7669,37512,044031 Mar 2243,7906,24711,686031 Dec 2139,1324,11911,304030 Sep 2134,5982,39810,812030 Jun 2130,8801,50910,279031 Mar 2125,950279,700031 Dec 2024,662-4,31910,034030 Sep 2027,534-6,48610,403030 Jun 2030,910-5,43910,965031 Mar 2036,752-2,09611,688031 Dec 1938,3442,89911,559030 Sep 1937,4184,95411,431030 Jun 1938,4625,73111,289031 Mar 1938,7183,97411,045031 Dec 1838,5423,29310,751030 Sep 1838,9544,95510,455030 Jun 1836,0704,43210,051031 Mar 1832,9743,8959,657031 Dec 1731,9544,4589,350030 Sep 1730,8213,6079,495030 Jun 1730,2672,7109,623031 Mar 1728,9501,5409,426031 Dec 1626,8074349,469030 Sep 1625,466-2,1049,165030 Jun 1625,542-2,8728,881031 Mar 1627,723-1,4089,046031 Dec 1529,208-1,9959,137030 Sep 1531,608969,194030 Jun 1534,2981,3919,4420양질의 수익: SU는 고품질 수익을 보유하고 있습니다.이익 마진 증가: SU의 현재 순 이익률 (12.4%)은 지난해 (12%)보다 높습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: SU의 수익은 지난 5년 동안 연평균 9.7% 증가했습니다.성장 가속화: 지난 1년간 SU 의 수익 증가율(3.8%)은 5년 평균(연간 9.7%)보다 낮습니다.수익 대 산업: SU의 지난 1년 수익 증가율(3.8%)은 Oil and Gas 업계 평균(6%)을 능가하지 못했습니다.자기자본이익률높은 ROE: SU의 자본 수익률(13.8%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YEnergy 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/24 18:07종가2026/05/22 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Suncor Energy Inc.는 42명의 분석가가 다루고 있습니다. 이 중 9명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Harshit GuptaAccountability Research CorporationPatrick O'RourkeATB CormarkBrent WatsonATB Cormark Historical (Cormark Securities)39명의 분석가 더 보기
Reported Earnings • May 06First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: CA$1.77 (up from CA$1.36 in 1Q 2025). Revenue: CA$14.5b (up 18% from 1Q 2025). Net income: CA$2.10b (up 24% from 1Q 2025). Profit margin: 14% (in line with 1Q 2025). Revenue exceeded analyst estimates by 5.4%. Earnings per share (EPS) missed analyst estimates by 9.5%. Revenue is forecast to stay flat during the next 3 years compared to a 3.3% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings.
공시 • Apr 22Suncor Energy Inc. to Report Q1, 2026 Results on May 05, 2026Suncor Energy Inc. announced that they will report Q1, 2026 results at 7:00 PM, US Eastern Standard Time on May 05, 2026
Reported Earnings • Mar 02Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: CA$4.86. Revenue: CA$48.9b (down 3.5% from FY 2024). Net income: CA$5.92b (down 1.6% from FY 2024). Profit margin: 12% (in line with FY 2024). Oil reserves Proven reserves: 4125 MMbbls Combined production Oil equivalent production: 313.973 MMboe (302.074 MMboe in FY 2024) Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.1%. Revenue is forecast to stay flat during the next 3 years compared to a 4.1% growth forecast for the Oil and Gas industry in the US.
공시 • Jan 21Suncor Energy Inc. to Report Q4, 2025 Results on Feb 03, 2026Suncor Energy Inc. announced that they will report Q4, 2025 results at 7:00 PM, US Eastern Standard Time on Feb 03, 2026
Reported Earnings • Nov 06Third quarter 2025 earnings: EPS exceeds analyst expectationsThird quarter 2025 results: EPS: CA$1.34 (down from CA$1.59 in 3Q 2024). Revenue: CA$12.6b (down 2.6% from 3Q 2024). Net income: CA$1.62b (down 20% from 3Q 2024). Profit margin: 13% (down from 16% in 3Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 15%. Revenue is forecast to stay flat during the next 3 years compared to a 3.2% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
공시 • Oct 22Suncor Energy Inc. to Report Q3, 2025 Results on Nov 04, 2025Suncor Energy Inc. announced that they will report Q3, 2025 results on Nov 04, 2025
Declared Dividend • May 11First quarter dividend of CA$0.60 announcedShareholders will receive a dividend of CA$0.60. Ex-date: 4th June 2026 Payment date: 25th June 2026 Dividend yield will be 2.9%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is well covered by both earnings (45% earnings payout ratio) and cash flows (39% cash payout ratio). The dividend has increased by an average of 7.5% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 26% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 06First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: CA$1.77 (up from CA$1.36 in 1Q 2025). Revenue: CA$14.5b (up 18% from 1Q 2025). Net income: CA$2.10b (up 24% from 1Q 2025). Profit margin: 14% (in line with 1Q 2025). Revenue exceeded analyst estimates by 5.4%. Earnings per share (EPS) missed analyst estimates by 9.5%. Revenue is forecast to stay flat during the next 3 years compared to a 3.3% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings.
공시 • Apr 22Suncor Energy Inc. to Report Q1, 2026 Results on May 05, 2026Suncor Energy Inc. announced that they will report Q1, 2026 results at 7:00 PM, US Eastern Standard Time on May 05, 2026
Seeking Alpha • Apr 21Suncor: Moving My Buy Target Up To $55/Share On Post-Conflict FundamentalsSummary Suncor remains my largest holding, with a raised buy target of $55/share, reflecting a structurally tighter oil market outlook. SU benefits from ample reserves and operational efficiency, supporting sustained production growth and robust shareholder returns through buybacks and dividends. Global oil supply constraints, especially outside North America, and ongoing Middle East disruptions underpin a bullish long-term thesis for Suncor. I limit profit-taking above $65/share and plan incremental purchases on dips below $55, given the persistent supply/demand tightness. Read the full article on Seeking Alpha
New Risk • Mar 30New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.04% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.04% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Mar 02Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: CA$4.86. Revenue: CA$48.9b (down 3.5% from FY 2024). Net income: CA$5.92b (down 1.6% from FY 2024). Profit margin: 12% (in line with FY 2024). Oil reserves Proven reserves: 4125 MMbbls Combined production Oil equivalent production: 313.973 MMboe (302.074 MMboe in FY 2024) Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.1%. Revenue is forecast to stay flat during the next 3 years compared to a 4.1% growth forecast for the Oil and Gas industry in the US.
Upcoming Dividend • Feb 25Upcoming dividend of CA$0.60 per shareEligible shareholders must have bought the stock before 04 March 2026. Payment date: 25 March 2026. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of American dividend payers (4.2%). In line with average of industry peers (3.4%).
Declared Dividend • Feb 06Fourth quarter dividend of CA$0.60 announcedShareholders will receive a dividend of CA$0.60. Ex-date: 4th March 2026 Payment date: 25th March 2026 Dividend yield will be 3.5%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is well covered by both earnings (48% earnings payout ratio) and cash flows (41% cash payout ratio). The dividend has increased by an average of 7.9% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 17% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • Feb 05Suncor Energy Inc., Annual General Meeting, May 05, 2026Suncor Energy Inc., Annual General Meeting, May 05, 2026.
공시 • Feb 04+ 1 more updateSuncor Energy Inc. Announces Appointment of Jennifer Kneale to Suncor's Board of Directors on February 3, 2026Suncor Energy Inc. announced that Jennifer Kneale was appointed to Suncor’s Board of Directors on February 3, 2026 and is a member of both the audit committee and the environment, health, safety and sustainable development committee. She is currently the President of Targa Resources Corp., an integrated midstream company headquartered in Houston, Texas. Prior to joining Targa, Ms. Kneale spent more than 10 years in the financial services industry, primarily in roles in private equity, asset management and investment banking.
공시 • Jan 21Suncor Energy Inc. to Report Q4, 2025 Results on Feb 03, 2026Suncor Energy Inc. announced that they will report Q4, 2025 results at 7:00 PM, US Eastern Standard Time on Feb 03, 2026
공시 • Dec 14Suncor Energy Inc. Provides Production Guidance for 2026Suncor Energy Inc. provided production guidance for 2026. For the year, the company expects total production to be 840,000 bbls/d to 870,000 bbls/d.
Upcoming Dividend • Nov 26Upcoming dividend of CA$0.60 per shareEligible shareholders must have bought the stock before 03 December 2025. Payment date: 24 December 2025. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of American dividend payers (4.5%). In line with average of industry peers (4.1%).
Declared Dividend • Nov 07Third quarter dividend of CA$0.60 announcedShareholders will receive a dividend of CA$0.60. Ex-date: 3rd December 2025 Payment date: 24th December 2025 Dividend yield will be 4.3%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (53% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 7.9% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 11% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
New Risk • Nov 06New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 11% Last year net profit margin: 16% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.7% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (11% net profit margin).
Reported Earnings • Nov 06Third quarter 2025 earnings: EPS exceeds analyst expectationsThird quarter 2025 results: EPS: CA$1.34 (down from CA$1.59 in 3Q 2024). Revenue: CA$12.6b (down 2.6% from 3Q 2024). Net income: CA$1.62b (down 20% from 3Q 2024). Profit margin: 13% (down from 16% in 3Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 15%. Revenue is forecast to stay flat during the next 3 years compared to a 3.2% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
공시 • Nov 05+ 1 more updateSuncor Energy Inc. Approves Quarterly Dividend, Payable on December 24, 2025The Board of Directors of Suncor Energy Inc. has approved a quarterly dividend of CAD 0.60 per common share, representing an approximate 5% increase over the prior quarterly dividend. The dividend will be payable December 24, 2025 to shareholders of record at the close of business on December 3, 2025.
공시 • Oct 22Suncor Energy Inc. to Report Q3, 2025 Results on Nov 04, 2025Suncor Energy Inc. announced that they will report Q3, 2025 results on Nov 04, 2025
공시 • Oct 15+ 1 more updateSuncor Energy Inc. Announces CFO ChangesSuncor Energy announced that Kris Smith, the company's Chief Financial Officer, will retire on December 31, 2025, after more than 25 years of service. During his tenure at the Company, Kris has held several roles prior to his current role, including Executive Vice President, Downstream and Interim Chief Executive Officer. As a result, effective November 1, 2025: Kris Smith will take on an executive advisory role at the Company to ensure a smooth transition leading up to his retirement at year-end. Troy Little, currently Senior Vice President, External Affairs, will be appointed Chief Financial Officer. He will be responsible for all financial functions including controllers, treasury, tax, internal audit and enterprise risk management as well as information technology. Troy is a Chartered Professional Accountant and Chartered Financial Analyst and has over 25 years of financial experience gained in investment banking, equity research, accounting and financial management.
Upcoming Dividend • Aug 28Upcoming dividend of CA$0.57 per shareEligible shareholders must have bought the stock before 04 September 2025. Payment date: 25 September 2025. Payout ratio is a comfortable 49% and this is well supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of American dividend payers (4.4%). In line with average of industry peers (4.0%).
Declared Dividend • Aug 08Second quarter dividend of CA$0.57 announcedShareholders will receive a dividend of CA$0.57. Ex-date: 4th September 2025 Payment date: 25th September 2025 Dividend yield will be 4.6%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (49% earnings payout ratio) and cash flows (33% cash payout ratio). The dividend has increased by an average of 7.4% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 10% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Aug 06Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: CA$0.93 (down from CA$1.22 in 2Q 2024). Revenue: CA$12.0b (down 7.0% from 2Q 2024). Net income: CA$1.13b (down 28% from 2Q 2024). Profit margin: 9.5% (down from 12% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 7.4%. Earnings per share (EPS) also surpassed analyst estimates by 23%. Revenue is expected to decline by 1.7% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in the US are expected to grow by 3.7%. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
공시 • Jul 23Suncor Energy Inc. to Report Q2, 2025 Results on Aug 05, 2025Suncor Energy Inc. announced that they will report Q2, 2025 results at 7:00 PM, US Eastern Standard Time on Aug 05, 2025
Upcoming Dividend • May 28Upcoming dividend of CA$0.57 per shareEligible shareholders must have bought the stock before 04 June 2025. Payment date: 25 June 2025. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 4.7%. Within top quartile of American dividend payers (4.7%). Higher than average of industry peers (4.2%).
Declared Dividend • May 09First quarter dividend of CA$0.57 announcedShareholders will receive a dividend of CA$0.57. Ex-date: 4th June 2025 Payment date: 25th June 2025 Dividend yield will be 5.1%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is well covered by both earnings (46% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 7.4% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 7.5% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • May 09Suncor Energy Declares Quarterly Dividend, Payable on June 25, 2025Suncor Energy’s Board of Directors has approved a quarterly dividend of $0.57 per share on its common shares, payable June 25, 2025 to shareholders of record at the close of business on June 4, 2025.
Reported Earnings • May 07First quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2025 results: EPS: CA$1.36 (up from CA$1.25 in 1Q 2024). Revenue: CA$12.3b (flat on 1Q 2024). Net income: CA$1.69b (up 4.9% from 1Q 2024). Profit margin: 14% (in line with 1Q 2024). Revenue missed analyst estimates by 6.7%. Earnings per share (EPS) exceeded analyst estimates by 9.1%. Revenue is expected to decline by 2.1% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in the US are expected to grow by 3.6%. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 2% per year.
공시 • Apr 23Suncor Energy Inc. to Report Q1, 2025 Results on May 06, 2025Suncor Energy Inc. announced that they will report Q1, 2025 results at 7:00 PM, US Eastern Standard Time on May 06, 2025
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to US$31.54, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 9x in the Oil and Gas industry in the US. Total returns to shareholders of 10% over the past three years.
Seeking Alpha • Mar 26Suncor Energy: Well Positioned To Survive U.S. TariffsSummary Suncor Energy, an integrated oil company, excels in oil sands, E&P, and refining/marketing, with significant investments in low-carbon operations. Despite challenges like high costs and geopolitical risks, Suncor remains competitive with strong sales, a low valuation, and a robust dividend yield. The Trans Mountain Pipeline reduces U.S. reliance, opening new markets and improving WCS pricing relative to WTI. Suncor's profitability and growth metrics are solid, making it potentially undervalued compared to peers, with a 13.8% FCF yield and a 4.37% dividend yield. Read the full article on Seeking Alpha
Upcoming Dividend • Feb 25Upcoming dividend of CA$0.57 per shareEligible shareholders must have bought the stock before 04 March 2025. Payment date: 25 March 2025. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 4.1%. Lower than top quartile of American dividend payers (4.5%). In line with average of industry peers (4.0%).
Seeking Alpha • Feb 15Suncor: Prepare For Even Better ReturnsSummary Suncor Energy has achieved its net debt target, enabling it to return more money to shareholders through dividends and buybacks, making it an attractive investment. Despite lower oil prices, Suncor reported strong Q4 results, with record production levels and impressive free funds flow, highlighting its operational efficiency. The macro environment appears moderately bullish, with postponed tariffs, potential favorable Canadian elections, and declining global oil inventories supporting a positive outlook for Suncor. Trading at a significant discount to its historical valuation, Suncor offers compelling dividend growth and total return opportunities, barring unlikely risks like oil price crashes or new tariffs. Read the full article on Seeking Alpha
Declared Dividend • Feb 09Fourth quarter dividend of CA$0.57 announcedShareholders will receive a dividend of CA$0.57. Ex-date: 4th March 2025 Payment date: 25th March 2025 Dividend yield will be 4.6%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (47% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 9.5% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 14% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • Feb 08+ 1 more updateSuncor Energy Inc. Provides Production Guidance for the Year 2025Suncor Energy Inc. provided production guidance for the year 2025. The company expects upstream production to average 810,000 barrels per day to 840,000 barrels per day with continued strong production performance across assets, including increased bitumen sales to market and factoring in planned maintenance, specifically planned downtime at base plant with the 91-day coke drum replacement project scheduled to start in the second quarter, annual coker turnaround at both Upgrader 2 at Base Plant and Syncrude, both of which will be starting in the third quarter. And Fort Hills has small planned turnarounds in both the second and fourth quarters. Downstream, we're guiding to an average refinery utilization of 93% to 97%, which is higher than its 2024 guidance to reflect higher reliability, offset by planned maintenance activities at its Sarnia refinery starting in first quarter and Edmonton refinery starting in second quarter.
Reported Earnings • Feb 06Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: CA$4.72 (down from CA$6.34 in FY 2023). Revenue: CA$51.1b (up 4.2% from FY 2023). Net income: CA$6.02b (down 28% from FY 2023). Profit margin: 12% (down from 17% in FY 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 10.0%. Revenue is expected to decline by 3.0% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in the US are expected to grow by 3.8%. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 10% per year.
공시 • Feb 06Suncor Energy Inc., Annual General Meeting, May 06, 2025Suncor Energy Inc., Annual General Meeting, May 06, 2025.
공시 • Jan 23Suncor Energy Inc. to Report Q4, 2024 Results on Feb 05, 2025Suncor Energy Inc. announced that they will report Q4, 2024 results After-Market on Feb 05, 2025
Seeking Alpha • Jan 13Suncor Sets New Records, Here's Why You Should InvestSummary Suncor Energy Inc., a $50 billion Canadian integrated energy company, boasts reliable assets with a low decline rate, ensuring decades of reserves. The company plans $6.4 billion in 2024 capital expenditures, with production expected at 790k barrels/day and 94% refinery utilization. Suncor's low operating expenses and minimal maintenance needs enable strong cash flow and impressive shareholder returns. The main risk is oil price volatility, which could impact SU cash flow and shareholder returns, as seen during the 2020 downturn. Read the full article on Seeking Alpha
Seeking Alpha • Dec 20Suncor: Maybe The Best Buying Opportunity One Might Get For A WhileSummary Suncor's strong financials and ample oil reserves make it a buy at $35/share, with potential upside from higher oil prices and production growth. Canada's proposed emissions cap is unlikely to be implemented, reducing regulatory risks and potentially boosting Suncor's stock price. Suncor's profitability and production gains position it well against peers, despite current depressed oil prices and market volatility. I plan to buy Suncor shares at $35/share or under and sell incrementally if the price exceeds $45/share, with a solid 4.5% dividend making the wait for my thesis to play out more pleasant. Read the full article on Seeking Alpha
공시 • Dec 14Suncor Energy Inc. Provides Production Guidance for the Full Year 2025Suncor Energy Inc. provided production guidance for the full year 2025. For the year, the company expects total production to be in range of 810,000 boe/d - 840,000 boe/d.
Declared Dividend • Nov 15Third quarter dividend of CA$0.57 announcedShareholders will receive a dividend of CA$0.57. Ex-date: 3rd December 2024 Payment date: 24th December 2024 Dividend yield will be 4.4%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (35% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 25% over the next 3 years. However, it would need to fall by 61% to increase the payout ratio to a potentially unsustainable range.
Reported Earnings • Nov 13Third quarter 2024 earnings: EPS exceeds analyst expectationsThird quarter 2024 results: EPS: CA$1.59 (up from CA$1.19 in 3Q 2023). Revenue: CA$13.1b (up 3.3% from 3Q 2023). Net income: CA$2.02b (up 31% from 3Q 2023). Profit margin: 16% (up from 12% in 3Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 29%. Revenue is expected to decline by 3.4% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in the US are expected to grow by 3.1%. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 16% per year.
Seeking Alpha • Nov 13Suncor Energy: Significant FCF Generation In Q3, Supported By Decline Rates In The IndustrySummary Suncor just reported the highest refining throughput in the company's history at 488,000 barrels per day, and the upstream segment also reported its best third quarter ever. The management change that occurred in 2023 led to a strategic review of the portfolio, and the improvements in operational efficiency are clearly visible by now. Suncor's asset base is characterized by a high level of integration along with a compelling concentration around low-decline oil sand mining assets. Using a free cash flow estimate of CAD$6.5 billion in 2024, Suncor is currently trading at a free cash flow yield of around 8.5%. Read the full article on Seeking Alpha
공시 • Oct 23Suncor Energy Inc. to Report Q3, 2024 Results on Nov 12, 2024Suncor Energy Inc. announced that they will report Q3, 2024 results at 7:00 PM, US Eastern Standard Time on Nov 12, 2024
Seeking Alpha • Oct 16Suncor Energy: The Best Is Yet To ComeSummary Suncor Energy is a high-quality Canadian oil company with strong results, a nice starting yield, and an undemanding valuation. Despite macroeconomic uncertainties, Suncor's operational performance is robust, with increasing production and significant cash flow generation. Suncor is reducing its debt and plans to enhance shareholder returns through dividends and aggressive buybacks. Suncor's low valuation and strong free cash flow yield make it an attractive investment for those seeking energy exposure and solid shareholder returns. Read the full article on Seeking Alpha
Seeking Alpha • Sep 12Cashing In On Suncor: A High-Yield Oil Play Too Good To IgnoreSummary Despite current oil price pressure, Suncor's integrated business model and cost efficiencies position it well for long-term success and substantial returns. Suncor is aggressively returning capital to shareholders through dividends and buybacks, supported by robust free cash flow and debt reduction. The company trades at an attractive valuation, offering a deep-value opportunity with significant upside potential as oil prices stabilize. Operational efficiencies, including advanced technologies and optimized production, enhance profitability, making Suncor a strong buy in the energy sector. Read the full article on Seeking Alpha
Upcoming Dividend • Aug 28Upcoming dividend of CA$0.55 per shareEligible shareholders must have bought the stock before 04 September 2024. Payment date: 25 September 2024. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of American dividend payers (4.3%). In line with average of industry peers (4.0%).
Seeking Alpha • Aug 11Suncor's Growing Buybacks Can Push Shares HigherSummary Suncor Energy shares have risen 28% in the past year, driven by strong capital returns and low-cost oil sands operations, as well as efficiency gains. Suncor reported solid Q2 earnings, beating expectations and benefiting from increased commodity prices and strong cost controls. Suncor's integrated business model, strong balance sheet, and increased buybacks make it an attractive investment with potential for share price growth. Read the full article on Seeking Alpha
Declared Dividend • Aug 09Second quarter dividend of CA$0.55 announcedShareholders will receive a dividend of CA$0.55. Ex-date: 4th September 2024 Payment date: 25th September 2024 Dividend yield will be 4.4%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (37% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 11% over the next 3 years. However, it would need to fall by 59% to increase the payout ratio to a potentially unsustainable range.
공시 • Aug 08Suncor Energy Inc. announces Quarterly dividend, payable on September 25, 2024Suncor Energy Inc. announced Quarterly dividend of CAD 0.5450 per share payable on September 25, 2024, ex-date on September 04, 2024 and record date on September 04, 2024.
Reported Earnings • Aug 07Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: CA$1.22 (down from CA$1.44 in 2Q 2023). Revenue: CA$13.0b (up 11% from 2Q 2023). Net income: CA$1.57b (down 17% from 2Q 2023). Profit margin: 12% (down from 16% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.8%. Earnings per share (EPS) also surpassed analyst estimates by 8.5%. Revenue is expected to decline by 2.8% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in the US are expected to grow by 1.9%. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.
공시 • Jul 24Suncor Energy Inc. to Report Q2, 2024 Results on Aug 06, 2024Suncor Energy Inc. announced that they will report Q2, 2024 results at 7:00 PM, US Eastern Standard Time on Aug 06, 2024
Seeking Alpha • Jul 06Suncor Energy: Soaring Buybacks And DividendsSummary Suncor Energy Inc. offers appealing shareholder returns that continue to grow. Recent business performance shows strong profits and cash flows, with growth capital spending leading to record-high production levels. Suncor Energy's updated shareholder return framework includes an increased buyback pace and massive expected free cash flow per share growth in the coming years. Read the full article on Seeking Alpha
Upcoming Dividend • May 28Upcoming dividend of CA$0.55 per shareEligible shareholders must have bought the stock before 04 June 2024. Payment date: 25 June 2024. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of American dividend payers (4.7%). In line with average of industry peers (4.0%).
Seeking Alpha • May 19Dividend Growth And Buybacks - Why Suncor Remains One Of My Best Ideas In EnergySummary Canada's role in the global energy sector is essential due to its large reserves and low decline rates. Suncor Energy is a standout company in the sector with efficient operations, deep reserves, and impressive production growth. Shareholders can expect strong cash flow, rising dividends, and aggressive buybacks as debt levels decrease, making Suncor an attractive investment opportunity. Read the full article on Seeking Alpha
Declared Dividend • May 10First quarter dividend of CA$0.55 announcedShareholders will receive a dividend of CA$0.55. Ex-date: 4th June 2024 Payment date: 25th June 2024 Dividend yield will be 4.3%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (35% earnings payout ratio) and cash flows (35% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 22% over the next 3 years. However, it would need to fall by 61% to increase the payout ratio to a potentially unsustainable range.
Reported Earnings • May 08First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2024 results: EPS: CA$1.25 (down from CA$1.54 in 1Q 2023). Revenue: CA$12.5b (up 5.2% from 1Q 2023). Net income: CA$1.61b (down 22% from 1Q 2023). Profit margin: 13% (down from 17% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) exceeded analyst estimates by 6.4%. Revenue is forecast to stay flat during the next 3 years compared to a 2.1% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • May 01Now 20% undervaluedOver the last 90 days, the stock has risen 15% to US$37.65. The fair value is estimated to be US$47.07, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 0.4% per annum. Earnings are forecast to decline by 13% per annum over the same time period.
Seeking Alpha • Apr 29Suncor Energy: Still Not Too Late To BuySummary Suncor Energy stock is still attractive despite trading near a 52-week high. It trades at ~10x FWD P/E only, yet offers many profit catalysts. I expect increases in oil prices, improved capacity utilization rates, and contributions from recent acquisitions and capital improvement projects. Read the full article on Seeking Alpha
공시 • Apr 24Suncor Energy Inc. to Report Q1, 2024 Results on May 07, 2024Suncor Energy Inc. announced that they will report Q1, 2024 results on May 07, 2024
Seeking Alpha • Apr 17Suncor Energy: Turnaround Story Not Reflected In The Share PriceSummary Suncor's new management is successfully transforming the company from hazardous to safe. Recent results show large improvements across all metrics. Suncor's integrated business model makes its free cash flow very resilient. An increase in shareholders' payout is on the horizon, with a large potential for dividend growth from the current 4.25% yield. A 5-year projection with a DCF valuation points to a target share price of C$67 or US$49, suggesting a 31% upside in the share price, making it a strong buy. Read the full article on Seeking Alpha
Reported Earnings • Mar 23Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: CA$6.34 (down from CA$6.54 in FY 2022). Revenue: CA$49.1b (down 16% from FY 2022). Net income: CA$8.30b (down 8.6% from FY 2022). Profit margin: 17% (up from 16% in FY 2022). Oil reserves Proven reserves: 4474 MMbbls Combined production Oil equivalent production: 272 MMboe Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) also surpassed analyst estimates by 31%. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
Seeking Alpha • Mar 12Suncor Digs Out Strong Total Return With 6% Production GrowthSummary Suncor Energy predicts 6% production growth in 2024 and expects stronger refinery utilization. OPEC+ cuts, potential US demand increases, and Trans Mountain Pipeline capacity present opportunities for market access and better pricing. Fortress balance sheet, with a debt to EBITDA of under 1.0x and $4.6 billion in free cash flow. Read the full article on Seeking Alpha
Declared Dividend • Feb 25Fourth quarter dividend of CA$0.55 announcedShareholders will receive a dividend of CA$0.55. Ex-date: 1st March 2024 Payment date: 25th March 2024 Dividend yield will be 5.1%, which is higher than the industry average of 4.5%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (44% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 35% over the next 3 years. However, it would need to fall by 63% to increase the payout ratio to a potentially unsustainable range.
공시 • Feb 09Suncor Energy Inc., Annual General Meeting, May 07, 2024Suncor Energy Inc., Annual General Meeting, May 07, 2024.
Seeking Alpha • Feb 07Suncor Energy Looks Undervalued Against PeersSummary Suncor Energy's share price has fallen 3% in the past 5 years despite demand for oil only growing. Suncor Energy has significant reserves and falling net debt and is committed to shareholder returns via buybacks. It trades at a discount to peers that I believe is unwarranted and has a potential upside of 42% to reach fair value. Read the full article on Seeking Alpha
Seeking Alpha • Jan 093 Reasons Why We Prefer Whitecap Resources Over Suncor Energy TodaySummary On our previous coverage of Whitecap Resources, we suggested investors swap into Suncor Energy. Suncor Energy outperformed Whitecap Energy in terms of total returns, but the two stocks tracked each other closely. Today, we give you three reasons why Whitecap is a bit more appealing now. Read the full article on Seeking Alpha
Seeking Alpha • Jan 03Suncor Energy: Integrated Model Makes Shares AttractiveSummary Suncor Energy's shares had a flat performance in 2023 due to declining commodity prices, but its integrated business model and strong free cash flow generation make it an attractive investment. The company's oil sands operations have been controversial but provide strong incremental cash returns, and its refining assets help reduce sensitivity to oil prices. Suncor expects modest growth in oil sands production and plans to invest in capital projects, while its refining assets are expected to continue performing well. Read the full article on Seeking Alpha
공시 • Dec 29Suncor Energy Inc. to Report Q4, 2023 Results on Feb 21, 2024Suncor Energy Inc. announced that they will report Q4, 2023 results on Feb 21, 2024
Seeking Alpha • Dec 18Suncor Energy: An FCF RockstarSummary Suncor Energy is a strong performer in the oil and gas industry, generating substantial free cash flows and maintaining a balanced capital allocation approach. Despite a decline in revenue in 2023, Suncor is expected to benefit from industry tailwinds, which I describe in my analysis. My valuation simulation suggests the stock is 30% undervalued. Read the full article on Seeking Alpha
공시 • Dec 08+ 1 more updateSuncor Appoints Kent Ferguson as Senior Vice President, Strategy, Sustainability and Corporate Development, Effective January 2024Suncor announced that Kent Ferguson will be joining the company in January 2024 as Senior Vice President, Strategy, Sustainability and Corporate Development, reporting directly to Rich Kruger, President and CEO. The appointment of Kent concludes the reconfiguration of Suncor's executive leadership team. Kent brings over 25 years of energy industry experience to the role, including an extensive understanding of the Canadian market. Throughout his career at RBC, Kent has had a variety of roles leading global and energy market activities. His most recent position was the Managing Director and Co-Head of Global Energy at RBC Capital Markets. While with RBC, Kent served as a driving force on a number of key initiatives including Indigenous finance, climate change, emissions, energy policy, sustainable finance, environmental markets, energy transition, as well as diversity and inclusion. Kent is a CFA, charter holder, CFA Institute and holds a Bachelor of Commerce degree from the University of Saskatchewan.
Seeking Alpha • Nov 28Suncor Energy: Navigating Oil And Gas Challenges With Strong FundamentalsSummary Suncor Energy is a respected company with a strong track record of increasing production and generating shareholder returns. The company's performance is closely tied to oil prices, and it is expected to benefit from increases in demand. Suncor has a steady increase in daily average production and strong free cash flow, which supports its ability to pay dividends and pursue growth opportunities. Read the full article on Seeking Alpha
Upcoming Dividend • Nov 23Upcoming dividend of CA$0.55 per share at 4.8% yieldEligible shareholders must have bought the stock before 30 November 2023. Payment date: 22 December 2023. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 4.8%. Lower than top quartile of American dividend payers (5.0%). In line with average of industry peers (4.5%).
공시 • Nov 22Suncor Energy Inc. (TSX:SU) completed the acquisition of Total E&P Canada Ltd. from TotalEnergies SE (ENXTPA:TTE).Suncor Energy Inc. (TSX:SU) signed an agreement to acquire Total E&P Canada Ltd. from TotalEnergies SE (ENXTPA:TTE) for CAD 6.1 billion on April 26, 2023. Under the terms of the transaction, Suncor would acquire all of the shares of Total E&P Canada for cash consideration of CAD 5.5 billion at closing subject to adjustments, with the potential for additional payments of up to an aggregate maximum of CAD 600 million, conditional upon Western Canadian Select benchmark pricing and certain production targets. The transaction includes the acquisition of the remaining 31.23% working interest in Fort Hills and 50% working interest in Surmont, held by Total E&P Canada. The transaction will be funded through cash on hand and debt. The offering $1.5 billion will be used to fund the transaction. The transaction is subject to regulatory approvals, the waiver of TotalEnergies EP Canada Ltd’s partners pre-emption rights, ConocoPhillips waiving its right of first refusal in respect of the Surmont working interest and customary closing conditions. On May 26, 2023, Suncor Energy has been notified that ConocoPhillips Canada has elected to exercise their right of first refusal with respect to TotalEnergies’ 50% working interest in the Surmont asset. As a result, each of the parties has the right to terminate the agreement under which Suncor would acquire TotalEnergies’ Canadian operations and Suncor will be assessing the transaction in light of this change. As of October 4, 2023, Suncor Energy announced that it has agreed to acquire Total E&P Canada Ltd., which holds a 31.23% working interest in the Fort Hills oil sands mining project for CAD 1.468 billion. Upon closing of the transaction, Suncor will own 100% of Fort Hills. Regulatory approvals have been received and, subject to closing, the transaction will have an effective date of April 1, 2023. The transaction is expected to close by end of third quarter of 2023. The acquisition is expected to strengthen the underlying business, result in increasing funds flow and be accretive to funds flow per share. David Harrison of J.P. Morgan Securities Canada Inc. acted as financial advisor and Peter Keohane, Chris Harris and Ky Kvisle of Blake, Cassels & Graydon LLP and Adam Givertz and Andrew Finch of Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as legal advisors to Suncor. RBC Capital Markets (Europe) GmbH, Paris Branch and TD Securities, Inc. acted as financial advisor to TotalEnergies SE. Suncor Energy Inc. (TSX:SU) completed the acquisition of Total E&P Canada Ltd. from TotalEnergies SE (ENXTPA:TTE) on November 20, 2023.
공시 • Nov 17Suncor Energy Inc. Approves Quarterly Dividend, Payable December 22, 2023Suncor Energy Inc. Board of Directors has approved a quarterly dividend of $0.545 per share on its common shares representing an increase of approximately 5% over the prior quarter dividend. The dividend will be payable December 22, 2023 to shareholders of record at the close of business on December 1, 2023.
Reported Earnings • Nov 10Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: EPS: CA$1.19 (up from CA$0.45 loss in 3Q 2022). Revenue: CA$12.6b (down 15% from 3Q 2022). Net income: CA$1.54b (up CA$2.15b from 3Q 2022). Profit margin: 12% (up from net loss in 3Q 2022). The move to profitability was driven by lower expenses. Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) also missed analyst estimates by 9.7%. Revenue is forecast to decline by 3.3% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in the US are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth.
Seeking Alpha • Nov 09Suncor Energy's Shareholder Return Potential Is Impressive - 13% At $80 WTISummary US shale production is running out of steam, shifting power back to OPEC and making Canadian energy players more attractive. Suncor Energy is a major player in the Canadian energy sector, with efficient upstream and refining operations and a strong dividend. Suncor's strong financial performance, reduction in net debt, and potential for shareholder distributions make it an undervalued investment opportunity. Read the full article on Seeking Alpha
Seeking Alpha • Oct 25Suncor Energy: Oil Prices Spiking As This 4.5% Yield Beast Becomes A BuySummary Suncor Energy offers a double-digit upside potential with a price target above $42 per share. The company is well-prepared for long-term challenges in the oil industry and has a strong foothold in ensuring a sustainable energy future. Suncor's production levels and utilization rates have been growing, and the price of crude oil is expected to increase, indicating positive market conditions. Read the full article on Seeking Alpha
Seeking Alpha • Oct 17Suncor Energy: 5 Reasons It's Going HigherSummary Suncor has 26 years of oil reserves and can produce them profitably at an average price of $35 per barrel. Suncor has higher gross margins than other major oil companies due to its limited overseas exposure and minimal spending on exploration. The completion of the Trans Mountain Pipeline expansion will allow Suncor to ship oil to Asia, expanding its market. Read the full article on Seeking Alpha
공시 • Sep 30Suncor Energy Inc. to Report Q3, 2023 Results on Nov 08, 2023Suncor Energy Inc. announced that they will report Q3, 2023 results on Nov 08, 2023
Seeking Alpha • Sep 21Suncor Energy Looks GoldenSummary Earlier this year, Shark Tank star Kevin O'Leary commented that energy stocks looked golden. In particular, he pointed out their robust cash flow and generous payouts. His thesis has worked out beautifully in the U.S. market so far. In this article, I will argue Canada’s leading energy stock, Suncor Energy Inc., looks golden too, probably even more so than its U.S. peers. Besides showing all the traits O’Leary praised (cash flow and distributions), its value-price gap is too large to ignore. Read the full article on Seeking Alpha
Seeking Alpha • Sep 14Suncor Energy: Ride The Potential Global Oil Price SpikeSummary Suncor Energy is well-positioned for a potential oil price spike and has one of the best reserve life ratios in the industry. Suncor's latest quarterly results show steady production growth and ample reserves. The global supply/demand gap for oil is likely to persist, creating investment opportunities for Suncor. In the event that the oil price spike thesis gets delayed, Suncor is the stock to wait it out, given that many of its peers are currently experiencing a steady decline in upstream production, due to a lack of reserves. Read the full article on Seeking Alpha
공시 • Sep 06Suncor Energy Inc. Appoints Jane Peverett to the Board Effective September 1, 2023Eira Thomas has retired from Suncor Energy Inc.’s board of directors and Jane Peverett has been appointed to the board effective September 1, 2023. Peverett had a successful 25-year career in the energy sector, primarily in the utility space. Before retiring from her executive career, Peverett was chief executive officer of the B.C. Transmission Corporation, where among other accomplishments, she initiated construction of the first major expansion of B.C.'s electrical grid. Prior to that, Peverett held progressively more senior finance and regulatory affairs roles at Westcoast Energy, until her appointment in 2001 as president and chief executive officer of Union Gas Limited, becoming the first woman president of a natural gas utility in Canada. Since starting her board career, Peverett has served on numerous corporate boards in the energy, banking, insurance, transportation, utility and media industries in Canada and the U.S. She is currently serving on the boards of Canadian Pacific Kansas City Limited, Northwest Natural Holding Company and Capital Power Corporation. Peverett also serves as chair of the CSI Group (formerly the Canadian Standards Association). Peverett's appointment follows the retirement of Thomas.
Upcoming Dividend • Aug 24Upcoming dividend of CA$0.52 per share at 4.7% yieldEligible shareholders must have bought the stock before 31 August 2023. Payment date: 25 September 2023. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 4.7%. Lower than top quartile of American dividend payers (4.9%). In line with average of industry peers (4.4%).
Upcoming Dividend • Aug 24Upcoming dividend of CA$0.52 per share at 4.7% yieldEligible shareholders must have bought the stock before 31 August 2023. Payment date: 25 September 2023. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 4.7%. Lower than top quartile of American dividend payers (4.9%). In line with average of industry peers (4.4%).
New Risk • Aug 20New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 24% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 8.3% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (12% net profit margin).
Seeking Alpha • Aug 17Suncor: A 5% Yield, Massive Buyback Potential, And Way UndervaluedSummary Suncor Energy, a Canadian integrated oil company, is poised for growth with efficient operations, substantial oil reserves, and plans to distribute excess cash to shareholders. SU generates substantial cash flow with a clear plan to reward shareholders through buybacks. It also has an attractive dividend yield. With a focus on operational improvements, increasing refinery utilization rates, and potential oil price growth, SU presents an attractive long-term investment opportunity. Read the full article on Seeking Alpha
공시 • Aug 17Suncor Continues Talks to Buy TotalEnergies Fort Hills Oil Sands StakeCanada’s Suncor Energy Inc. (TSX:SU) is continuing talks with French oil major TotalEnergies SE (ENXTPA:TTE) about buying its nearly one-third stake in the Fort Hills oil sands mine, Suncor’s CEO said. Chief Executive Rich Kruger said he expects a resolution of the talks this year. Canada’s second-largest oil producer is looking to increase its bitumen supplies to replace its aging Base Mine. “We generally would prefer to operate and have 100% ownership of our assets; that's generally where we think we can add the most value and be the most competitive,” Kruger said on a quarterly conference call. "Fort Hills would fit into that." Total owns a 31.23% stake in Alberta's Fort Hills, with the operator Suncor owning the rest. Suncor agreed in April to buy Total’s Canadian operations for CAD 5.5 billion ($4.08 billion), including Total’s Fort Hills interest and its 50% stake in the Surmont facility. However, ConocoPhillips (COP.N), which operates Surmont, exercised its right of first refusal to buy Total’s stake instead of Suncor, triggering a review of Suncor’s deal with Total. Kruger said Suncor also has internal options to increase its long-term bitumen supply.
New Risk • Aug 16New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 11% Last year net profit margin: 18% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 7.4% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (11% net profit margin).
Reported Earnings • Aug 16Second quarter 2023 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2023 results: EPS: CA$1.44 (down from CA$2.84 in 2Q 2022). Revenue: CA$11.7b (down 27% from 2Q 2022). Net income: CA$1.88b (down 53% from 2Q 2022). Profit margin: 16% (down from 25% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 15%. Earnings per share (EPS) also surpassed analyst estimates by 57%. Revenue is expected to fall by 8.6% p.a. on average during the next 3 years compared to a 2.5% decline forecast for the Oil and Gas industry in the US. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
Seeking Alpha • Jul 28Suncor Energy: A Dividend Stalwart With Staying PowerSummary Suncor Energy Inc. has a manageable debt load and plans to pay down $9 billion of debt over the next 2 years. The company extracts primarily Bitumen from Canadian oil sands and has a strong portfolio of assets. Suncor Energy Inc. intends to allocate 50% of additional capital towards share buybacks and the remaining 50% towards deleveraging efforts. Read the full article on Seeking Alpha
Seeking Alpha • Jul 17Suncor Energy: Canadian Oil Has StrengthSummary Suncor Energy Inc. has a dividend yield of more than 5% and an incredibly manageable sustaining capital. The company has substantial additional cash flow, which it can use to drive a variety of shareholder returns. The company has a multi-decade reserve life that is the backstop to valuable long-term shareholder returns. Read the full article on Seeking Alpha
Buying Opportunity • Jun 21Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 1.8%. The fair value is estimated to be US$36.56, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 24% in 2 years. Earnings is forecast to decline by 27% in the next 2 years.
Seeking Alpha • Jun 09Suncor Energy: It Is Not The Right Time To BuySummary Suncor Energy's recent developments and planned maintenance have improved its production, refining, and processing capacities. Despite these improvements, the current crude oil prices may prevent the company from reporting strong financial results. Suncor Energy is a hold, as the company's operating earnings may not be attractive enough to gain investor attention at the current crude oil prices. Read the full article on Seeking Alpha