Wall Street analysts tend to hide whenever stock markets selloff, as the S&P 500 and NASDAQ did at the beginning of last week. Reiterating buy ratings or taking a premature bearish view on stocks could cost them their reputations and their careers, so investors need to place a heavier weight on whatever new rating is revealed recently. These analysts decided to pick Suncor Energy Inc. NYSE: SU as their top pick among the broader selloffs, so now investors know that due diligence must be done to justify bett ...

H 11 T Ho # H H r 10 47 E H H IT 1 11 1 i T T 1 t P dan_prat Shares of Suncor Energy (NYSE:SU) have been a strong performer over the past year, rising 28%, aided by strong capital returns and its low-cost oil sands operations. After reporting a solid Q2, SU has moved back toward its 52-week high. I last covered Suncor in January, rating shares a "buy," given the strengths of its integrated business model. Since then, the stock has rallied 24%, significantly outpacing the market's 13% gain. Indeed, shares ha ...

Suncor Energy Inc. (NYSE:SU) Q2 2024 Earnings Conference Call August 7, 2024 9:30 AM ET Corporate Participants Troy Little - Vice President, Investor Relations Richard Kruger - President and Chief Executive Officer Kristopher Smith - Chief Financial Officer Peter Zebedee - EVP, Oil Sands Shelley Powell - SVP, Operational Improvement & Support Services Conference Call Participants Greg Pardy - RBC Capital Markets Dennis Fong - CIBC Neil Mehta - Goldman Sachs Manav Gupta - UBS Roger Read - Wells Fargo Securit ...

SUNCOR ENERGY SUNCOR ENERGY Investor Information Q2 2024 Published August 6, 2024 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 Q2 2024 $67B Net debt to AFFO Q2 2024 TTM 0.6x Oil sands reserve life index 2023 26 yrs Upgrading capacity 556 kbpd Refining capacity 466 kbpd Production to ...

Suncor Energy (SU) came out with quarterly earnings of $0.93 per share, beating the Zacks Consensus Estimate of $0.76 per share. This compares to earnings of $0.71 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 22.37%. A quarter ago, it was expected that this energy company would post earnings of $0.90 per share when it actually produced earnings of $1.05, delivering a surprise of 16.67%. Over the last four quarters, the comp ...

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 ...

All financial figures are in Canadian dollars. Calgary, Alberta--(Newsfile Corp. - August 6, 2024) - Suncor Energy's (TSX: SU) (NYSE: SU) Board of Directors has approved a quarterly dividend of $0.545 per share on its common shares, payable September 25, 2024 to shareholders of record at the close of business on September 4, 2024. Suncor Energy is Canada's leading integrated energy company. Suncor's operations include oil sands development, production and upgrading; offshore oil production; petroleum refini ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks. Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at ...

If you are an analyst and would like to participate in the Q&A period, please register here. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/217520 A webcast to review the second quarter will be held on August 7, 2024 at 7:30 a.m. MT (9:30 a.m. ET). Representing management will be Rich Kruger, President and Chief Executive Officer and Kris Smith, Chief Financial Officer. A question and answer period with analysts will follow brief remarks from management. ...

The wildfires in Alberta, Canada, have come back with a vengeance, fueled by intense heat and dry conditions. Over the past few days, around 200 burns have been reported across the province. The situation is dire, with fire bans and severe fire threat alerts issued for areas close to oil sands production sites. In May, an uncontrollable fire neared Fort McMurray, the heart of Canada's oil sands, prompting the evacuation of 6,600 residents. By July, the situation worsened, with fires disrupting oil sands out ...