Key Takeaways SU posted Q4 adjusted EPS of 79 cents, beating estimates as record upstream production lifted results.Revenues reached $8.8B, topping consensus on higher upstream and downstream volumes despite a Y/Y dip.Record refining throughput and 108% utilization drove stronger downstream earnings in the quarter.Suncor Energy Inc. (SU) reported fourth-quarter 2025 adjusted operating earnings of 79 cents per share, which beat the Zacks Consensus Estimate of 77 cents. This outperformance can be attributed t ...

Canadian oil sands producer Suncor Energy will present the market this spring with options it is considering for securing long-term bitumen supply, the company's chief executive said on Wednesday. ...

Suncor Energy (NYSE:SU) Q4 2025 Earnings call February 04, 2026 09:30 AM ET Company ParticipantsAdam Albeldawi - SVP of External AffairsDave Oldreive - EVP of DownstreamGreg Pardy - Managing Director and Head of Global Energy ResearchPatrick O'Rourke - Managing Director in Institutional Equity ResearchPeter Zebedee - EVP of Oil SandsRich Kruger - CEOTroy Little - CFOConference Call ParticipantsDennis Fong - Senior Oil and Gas Equity Research AnalystDoug Leggate - Managing Director and Senior Research Analys ...

Suncor Energy (NYSE:SU) Q4 2025 Earnings call February 04, 2026 09:30 AM ET Company ParticipantsAdam Albeldawi - SVP of External AffairsDave Oldreive - EVP of DownstreamGreg Pardy - Managing Director and Head of Global Energy ResearchPatrick O'Rourke - Managing Director in Institutional Equity ResearchPeter Zebedee - EVP of Oil SandsRich Kruger - CEOTroy Little - CFOConference Call ParticipantsDennis Fong - Senior Oil and Gas Equity Research AnalystDoug Leggate - Managing Director and Senior Research Analys ...

Suncor Energy (NYSE:SU) Q4 2025 Earnings call February 04, 2026 09:30 AM ET Speaker8Good day, and thank you for standing by. Welcome to the Suncor Energy Fourth Quarter 2025 Financial Results Call. At this time, all participants are on a listen-only mode. After the speaker presentation, there will be a question-and-answer session. To ask a question during the session, you will need to press star one one on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your ...

SUNCOR ENERGY Investor Information Q4 2025 Published February 3, 2026 SUNCOR ENERGY Suncor's value proposition Long-life, competitively advantaged assets Regional and vertical integration Operational reliability Disciplined investment & cost management Deliver superior long-term shareholder value SUNCOR ENERGY 2 Suncor key statistics | Market capitalization Q4 2025 | $73B | | --- | --- | | Net debt to AFFO Q4 2025 TTM | 0.5x | | Oil sands reserve life index | 2024 25 yrs | | Upgrading capacity | 556 kbpd | ...

分组1 - Suncor Energy reported quarterly earnings of $0.79 per share, exceeding the Zacks Consensus Estimate of $0.77 per share, but down from $0.89 per share a year ago, representing an earnings surprise of +3.04% [1] - The company achieved revenues of $8.82 billion for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 4.02%, although this is a decrease from year-ago revenues of $8.94 billion [2] - Suncor Energy has consistently surpassed consensus EPS estimates over the last four quarters, indicating strong performance [2] 分组2 - The stock has increased approximately 18.7% since the beginning of the year, significantly outperforming the S&P 500's gain of 1.9% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the upcoming quarter is $0.61 on revenues of $7.82 billion, and for the current fiscal year, it is $2.73 on revenues of $32.28 billion [7] 分组3 - The Zacks Industry Rank for Oil and Gas - Integrated - Canadian is currently in the bottom 6% of over 250 Zacks industries, suggesting potential challenges for stocks in this sector [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5] - The estimate revisions trend for Suncor Energy was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6]

Financial Performance - Suncor's Oil Sands segment adjusted operating earnings for Q4 2025 were $1.129 billion, down from $1.609 billion in Q4 2024, primarily due to lower crude oil price realizations [55]. - Net earnings for Q4 2025 were $1.476 billion, up from $818 million in Q4 2024 [141]. - Gross revenues for Q4 2025 were $12.733 billion, compared to $13.657 billion in Q4 2024 [141]. - Adjusted funds from operations for Q4 2025 were $3.218 billion, compared to $3.493 billion in Q4 2024 [141]. - The company reported a cash dividend of $0.60 per share in Q4 2025, compared to $0.57 in Q4 2024 [194]. - Net earnings for 2025 were $5,918 million, down from $6,016 million in 2024, resulting in basic and diluted earnings per share of $4.85 and $4.85 respectively [222]. - Total revenues for 2025 were $52,377 million, a decrease of 4.6% from $54,881 million in 2024 [214]. Production and Sales - Total Oil Sands bitumen production reached a record 992,700 bbls/d in Q4 2025, compared to 951,500 bbls/d in Q4 2024, driven by strong mining performance [61]. - Net SCO production increased to a record 557,000 bbls/d in Q4 2025, up from 543,600 bbls/d in the prior year quarter, with upgrader utilization rates of 109% at Syncrude and 103% at Oil Sands Base [62]. - Sales volumes of upgraded net SCO and diesel rose to 570,300 bbls/d in Q4 2025, compared to 538,300 bbls/d in Q4 2024, attributed to increased production and inventory draw [65]. - Total Oil Sands production volumes reached 845.4 mbbls/d, up from 812.2 mbbls/d in the prior quarter, reflecting a 4.0% increase [240]. - Total upstream production in Q4 2025 was 909.0 mbbls/d, an increase from 875.0 mbbls/d in Q4 2024 [141]. Costs and Expenses - Total Oil Sands operating expenses increased in Q4 2025, driven by higher commodity input costs and increased production volumes [70]. - Oil Sands operations cash operating costs per barrel decreased to $25.90 in Q4 2025 from $26.55 in Q4 2024, primarily due to increased power sales volumes [78]. - The company reported operating expenses for Q4 2025 were $10.289 billion, down from $11.413 billion in Q4 2024, reflecting cost control measures [194]. - Cash operating costs for Oil Sands operations were $1,119 million for the quarter, compared to $1,142 million in the previous quarter, a reduction of 2.0% [240]. Capital Expenditures and Investments - Capital expenditures for Q4 2025 totaled $1.483 billion, slightly down from $1.498 billion in Q4 2024, with significant investments in asset sustainment and maintenance [116]. - The company plans to allocate $5.6 billion to $5.8 billion for capital spending in 2026, with expectations to fund this through cash flow and available credit facilities [188]. - The company’s total capital expenditures for 2025 were $5.856 billion, down from $6.483 billion in 2024 [233]. Debt and Financial Position - Total debt decreased to $9.987 billion as of December 31, 2025, from $10.091 billion at the beginning of the quarter, influenced by favorable foreign exchange rates [128]. - The company reported net debt of $6.337 billion at the end of 2025, a reduction from $6.861 billion at the beginning of the year, representing a decrease of 7.6% [158]. - The current portion of long-term debt was $973 million, a decrease from $997 million in 2024, indicating improved debt management [196]. Market Conditions and Price Realizations - Price realizations for upgraded net SCO and diesel decreased to $80.27/bbl in Q4 2025 from $95.28/bbl in Q4 2024, reflecting weaker crude oil benchmark prices [67]. - The average WTI crude oil price at Cushing was $59.15/bbl in Q4 2025, down from $70.30/bbl in Q4 2024, indicating a significant decline in benchmark pricing [51]. - Price realization per barrel for Oil Sands in Q4 2025 was $70.86, down from $86.32 in Q4 2024, with total sales volumes increasing to 78,574 mbbls from 75,492 mbbls [178]. Future Outlook - Planned maintenance activities are set to commence in Q1 2026 for multiple facilities, impacting 2026 guidance [83]. - Future outlook includes continued focus on capital efficiencies and cost savings, with expectations for stable production rates and commodity prices [184]. - The company expects to maintain existing production levels through the design and construction of new well pads in its In Situ operations [188].

Canada's Suncor Energy beat fourth-quarter profit estimates on Tuesday, helped by higher oil production. ...

Unless otherwise noted, all financial figures are unaudited, presented in Canadian dollars (Cdn$), and derived from the company's condensed consolidated financial statements which are based on Canadian generally accepted accounting principles (GAAP), specifically International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB), and are prepared in accordance with International Accounting Standard (IAS) 34 Interim Financial Reporting. Production volumes are ...