SU.TO - Suncor Energy Inc.
Chart Events
Performance Outlook
- Short Term2W - 6W
- Mid Term6W - 9M
- Long Term9M+
| Previous Close | 39.25 |
| Open | 39.90 |
| Bid | 39.39 x 0 |
| Ask | 39.36 x 0 |
| Day's Range | 39.34 - 39.95 |
| 52 Week Range | 36.39 - 53.62 |
| Volume | |
| Avg. Volume | 10,550,346 |
| Market Cap | 51.587B |
| Beta (5Y Monthly) | 1.66 |
| PE Ratio (TTM) | 6.44 |
| EPS (TTM) | 6.12 |
| Earnings Date | Aug 02, 2023 - Aug 07, 2023 |
| Forward Dividend & Yield | 2.08 (5.40%) |
| Ex-Dividend Date | Jun 02, 2023 |
| 1y Target Est | 52.00 |
Fair Value
Related Research
- Reuters
CANADA STOCKS-TSX notches biggest gain since November in broad-based rally
The Toronto Stock Exchange's S&P/TSX composite index ended up 352.38 points, or 1.8%, at 20,024.63, its biggest advance since November 2022. U.S. stocks also rallied after a labor market report showed moderating wage growth in May, indicating the Federal Reserve may skip a rate hike in two weeks, and as investors cheered a Washington deal to lift the U.S. debt ceiling, avoiding a catastrophic default. "It is all these little factors that the market is holding on to, looking for any reason to be bullish and they're finding it," said Philip Petursson, chief investment strategist at IG Wealth Management.
ReutersCanadian oil producer Suncor Energy to cut 1,500 jobs under new CEO
In a staff memo announcing the layoffs, Suncor also told employees it was seeking C$400 million ($297.64 million) in cost savings, according to one of the sources. In November, Suncor announced it would reduce its contractor workforce in the mining and upgrading business by 20%. Rival Imperial Oil also cut the number of contractors working at its Kearl oil sands site in northern Alberta as part of cost-saving measures this year.
ZacksSuncor (SU) to Cut 1500 Jobs to Improve Financial Performance
Suncor (SU) is set to cut 1500 jobs by the end of the year in an attempt to reduce expenses and address its sluggish financial performance.
- Reuters
UPDATE 1-Suncor to cut 1,500 jobs by end of year - report
Canada's second-biggest oil producer Suncor Energy Inc will cut 1,500 jobs by the end of this year, aiming to reduce costs and improve its financial performance, the Globe and Mail reported on Thursday, citing details from the Canadian Press. A Suncor spokeswoman confirmed to the Canadian Press that the job cuts would be spread across the organization and would affect both employees and contractors, the Globe and Mail reported. "Suncor is always looking for opportunities to drive value and improve performance in our business, cost reduction is one of those opportunities," Suncor told Reuters, without providing further details on the job cuts.
ReutersSuncor to cut 1,500 jobs by end of year - report
A Suncor spokeswoman confirmed to the Canadian Press that the job cuts would be spread across the organization and would affect both employees and contractors, the Globe and Mail reported. "Suncor is always looking for opportunities to drive value and improve performance in our business, cost reduction is one of those opportunities," Suncor told Reuters, without providing further details on the job cuts. In May, Suncor CEO Rich Kruger said in his first call with analysts that he would look to cut costs, improve efficiency and simplify operations.
ACCESSWIREWhy Suncor’s Mike Barker Advocates for Accessibility
NORTHAMPTON, MA / ACCESSWIRE / June 1, 2023 / Suncor Energy The morning was calm and quiet when Mike climbed into the passenger's seat of a truck to make the commute to his worksite south of Fort McMurray, Alta. Both he and the driver were Suncor ...
ZacksSuncor (SU) Updates on TotalEnergies' Canada Operation Deal
Suncor (SU) is set to reassess its deal to acquire TotalEnergies' Canada operations after ConocoPhillips exercises its right of first refusal.
- ACCESSWIRE
Five Suncor Employees Making Positive Change
NORTHAMPTON, MA / ACCESSWIRE / May 30, 2023 / Suncor Energy Volunteering is a big part of our culture, which makes us and our communities stronger. Last year, employees tracked over 105,000 volunteer hours in SunCares, Suncor's employee giving ...
Simply Wall St.Should You Buy Suncor Energy Inc. (TSE:SU) For Its Upcoming Dividend?
Readers hoping to buy Suncor Energy Inc. ( TSE:SU ) for its dividend will need to make their move shortly, as the stock...
BloombergConoco to Buy Full Control of Oil-Sands Site for $3 Billion, Thwarting Suncor
(Bloomberg) -- ConocoPhillips exercised its right to acquire TotalEnergies SE’s 50% stake in the Surmont oil-sands field for as much as $3.33 billion, giving it full control of the Canadian operation and thwarting efforts by Suncor Energy Inc. to buy into the site.Most Read from BloombergEmerging US Debt Deal Would Raise Limit, Cap Spending for Two YearsEurope’s Economic Engine Is Breaking DownCathie Wood’s ARKK Dumped Nvidia Stock Before $560 Billion SurgeCredit Suisse Loses Singapore Case Agai
NewsfileSuncor Energy Provides Update on Acquisition of TotalEnergies' Canadian Operations
Calgary, Alberta--(Newsfile Corp. - May 26, 2023) - Suncor Energy (TSX: SU) (NYSE: SU) ("Suncor") announced that it has been notified that ConocoPhillips Canada ("ConocoPhillips") has elected to exercise their right of first refusal with respect to TotalEnergies' 50% working interest in the Surmont asset. Suncor's agreement to close the transaction to acquire TotalEnergies' Canadian operations was conditional upon ConocoPhillips waiving its right of first refusal in respect of the Surmont workin
Insider MonkeyActivist Billionaire Paul Singer 2023 Portfolio: Top 10 Stock Picks
In this article, we discuss the top 10 stock picks of activist billionaire Paul Singer in 2023. If you want to see more stocks in this selection, check out Activist Billionaire Paul Singer 2023 Portfolio: Top 5 Stock Picks. Billionaire and activist investor Paul Singer, who heads Elliott Management, is growing bearish on the financial […]
The Wall Street JournalCanadian Oil Sands Production to Rise Over Next Decade, Says S&P
Oil production in Canada's oil sands could rise by 500,000 barrels a day by 2030, driven higher by rising crude oil prices and more efficient production, says S&P Global Commodity Insights. S&P projected last year that the oil sands would produce 3.5 million barrels a day by 2030. The upward revision is the first S&P has made for the oil sands in more than five years.
- ACCESSWIRE
Suncor’s Isabelle Varney, Paving a Path for Women in Energy
As a mechanical engineer and the General Manager of Maintenance and Reliability for Suncor's Base Plant Upgrading in Fort McMurray, Alta., Isabelle Varney knows firsthand what can be accomplished when women working in male-dominated roles and sectors, like energy, band together to share their successes.
- ACCESSWIRE
Refreshed Committee Reflects Shift in Safety Culture at Fort Hills
The Fort Hills Cares Committee, a group made up of frontline workers and management representatives at our Fort Hills operations, has led a renewed focus on health and safety priorities across the site.
Insider Monkey15 Stocks Warren Buffett Sold
In this article, we will discuss 15 stocks Warren Buffett sold. However, if you want to go straight to the top five stocks, you can look at the 5 Stocks Warren Buffett Sold. Berkshire Hathaway, headed by Warren Buffett, sold $13.3 billion worth of stock in the first quarter of 2023 while investing only a […]
ZacksSuncor Energy (SU) Q1 Earnings & Revenues Outpace Estimates
Suncor Energy (SU) anticipates production and capital spending in the range of 740,000-770,000 boe/d and C$5.4-C$5.8 billion, respectively, for 2023.
ZacksIs Trending Stock Suncor Energy Inc. (SU) a Buy Now?
Suncor Energy (SU) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- Simply Wall St.
Suncor Energy (TSE:SU) shareholders are still up 79% over 3 years despite pulling back 4.3% in the past week
While Suncor Energy Inc. ( TSE:SU ) shareholders are probably generally happy, the stock hasn't had particularly good...
- ACCESSWIRE
Suncor Energy Foundation Celebrates 25 Years of Investing in Community
Created in 1998, the Suncor Energy Foundation (SEF) is a private, charitable foundation established by Suncor in 1998.
- Reuters
Alberta regulator monitoring more avian deaths at Suncor tailings pond
The Alberta Energy Regulator (AER) said on Sunday it was monitoring the situation after 27 waterfowl were found dead at one of Suncor Energy Inc's oilsands tailings ponds. The company informed the regulator on May 13 that the birds were found at its Syncrude Mildred Lake Settling Basin, AER said in a post on its website. The deceased birds at Syncrude included seven Grebes, with another five of the endangered bird species being found at the Millennium Mine site tailings pond at Suncor Base Plant.
- ACCESSWIRE
Suncor Indigenous Employees, Lana and Joy Want Everyone To Be an Ally on Red Dress Day and Beyond
NORTHAMPTON, MA / ACCESSWIRE / May 11, 2023 / Suncor Energy Originally published on May 5, 2023 Lana Hill, who is a trusted advisor to many young Indigenous people in Fort McMurray Wood Buffalo, holds her own teenage daughter closer each time ...
BloombergBear Attack Injures Worker at Suncor Oil Site as Producer Faces Safety Scrutiny
(Bloomberg) -- A worker at a Suncor Energy Inc. oil-sands site in Canada was injured in a bear attack over the weekend, adding to concern about the company’s safety record after a string of fatalities in recent years. Most Read from BloombergSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimUS Inflation Shows Signs of Moderating, Giving Fed Room to PauseItaly Intends to Exit China Belt and Road Pact as Ties SourTreasuries Advance After CPI; Stocks Edge Higher: Markets WrapTuck
NewsfileSuncor Energy Reports Voting Results from Annual General Meeting
Calgary, Alberta--(Newsfile Corp. - May 9, 2023) - Suncor (TSX: SU) (NYSE: SU) held its Annual General Meeting in Calgary today. A total of 907,152,053 shares (approximately 68.50% of outstanding common shares) were represented in person or by proxy.Shareholders voted as follows on the matters before the meeting:Shareholders elected the following thirteen board members (twelve of whom are independent), with shares represented at the meeting voting in favour of individual directors as follows: Ia
BloombergElliott Target Suncor’s New CEO Plans Long Stay at Helm
(Bloomberg) -- Suncor Energy Inc.’s new Chief Executive Officer Rich Kruger came out of retirement to take the job. Now that he’s been selected for the role, including with input from activist investor Elliott Investment Management LP, he plans to stay for the long haul and help revive the struggling Canadian oil producer.Most Read from BloombergItaly Intends to Exit China Belt and Road Pact as Ties SourSteve Schwarzman Holds Off Giving Money to DeSantis After Meeting HimTrump Liable for Sex Abu