Here is how Clearway Energy (CWENA) and Suncor Energy (SU) have performed compared to their sector so far this year.
Suncor Energy (SU) reported earnings 30 days ago. What's next for the stock?
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.
Suncor Energy (SU) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Suncor Energy Inc. (NYSE:SU ) Q4 2024 Earnings Call February 6, 2025 9:30 AM ET Company Participants Troy Little - Senior Vice President, External Affairs Rich Kruger - President and Chief Executive Officer Kris Smith - Chief Financial Officer Peter Zebedee - Executive Vice President, Oil Sands Dave Oldreive - Executive Vice President, Downstream Shelley Powell - Senior Vice President, Operational Improvement and Support Services Adam Husain Albeldawi - Chief Human Resource Officer Conference Call Participants Greg Pardy - RBC Capital Markets Dennis Fong - CIBC Manav Gupta - UBS Menno Hulshof - TD Securities John Royall - JPMorgan Adam Wijaya - Goldman Sachs Doug Leggate - Wolfe Research Patrick O'Rourke - ATB Capital Markets Operator Good day and thank you for standing by. Welcome to the Suncor Energy Fourth Quarter 2024 Financial Results Call.
Canadian oil producer Suncor Energy is well-positioned compared to many of its competitors to weather threatened U.S. tariffs, CEO Rich Kruger said on Thursday.
SU expects its total capital expenditures for 2025 to be between C$6.1 billion and C$6.3 billion.
Suncor Energy (SU) came out with quarterly earnings of $0.89 per share, beating the Zacks Consensus Estimate of $0.82 per share. This compares to earnings of $0.93 per share a year ago.
SU surpasses targets in production but is likely to have faced profitability hurdles due to market fluctuations in the fourth quarter of 2024.
Suncor Energy (SU) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Suncor Energy (SU) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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.