Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
The latest announcement is out from Suncor Energy ( (TSE:SU) ).
In its management discussion and analysis dated May 5, 2026, Suncor reported strong first-quarter results for the period ended March 31, 2026, highlighting record upstream production of 875,200 barrels per day and record refining throughput of 497,800 barrels per day, supported by a 10% increase in nameplate refining capacity. The company posted higher adjusted funds from operations of $4.03 billion and adjusted operating earnings of $2.3 billion versus a year earlier, returned more than $1.5 billion to shareholders through buybacks and dividends, and boosted planned 2026 share repurchases by over 30% to nearly $4 billion, underscoring robust cash generation and a shareholder-friendly capital allocation stance.
The most recent analyst rating on (TSE:SU) stock is a Hold with a C$93.00 price target. To see the full list of analyst forecasts on Suncor Energy stock, see the TSE:SU Stock Forecast page.
Spark’s Take on SU Stock
According to Spark, TipRanks’ AI Analyst, SU is a Outperform.
The score is driven by resilient financial performance and a very constructive earnings-call backdrop (operational strength, disciplined capex, strong buybacks/dividend focus). Valuation is supportive with a moderate P/E and solid yield. Offsetting these positives, technicals look overbought (high RSI/Stoch), and fundamentals show cooling from the 2022–2023 peak with softer 2025 free cash flow and higher 2025 debt.
To see Spark’s full report on SU stock, click here.
More about Suncor Energy
Suncor Energy Inc. is Canada’s leading integrated energy company, with operations spanning oil sands mining and in situ production, upgrading, offshore production, and petroleum refining in Canada and the U.S. It also operates marketing and trading businesses and the Petro-Canada retail and wholesale network, supplying refined products to customers across Canada and global markets.
Average Trading Volume: 7,275,437
Technical Sentiment Signal: Buy
Current Market Cap: C$110.7B
For an in-depth examination of SU stock, go to TipRanks’ Overview page.