Suncor Energy (SU) AI Stock Analysis

• Market Cap: $86.46B
• Dividend Yield: 3.91%
• Average Volume (3M): 4.46M
• Price to Earnings (P/E): 16.8
• Beta (1Y): 0.91
• Revenue Growth: -3.08%
• EPS Growth: -31.48%
• Country: CA
• Employees: 15,010
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Integrated
• EPS (TTM): 1.48
• Shares Outstanding: 1,201,266,700
• 10 Day Avg. Volume: 3,947,584
• 30 Day Avg. Volume: 4,464,560
• PEG Ratio: -0.43
• Price to Book (P/B): 1.47
• Price to Sales (P/S): 1.29
• P/FCF Ratio: 6.90
• Enterprise Value/Market Cap: 1.13
• Enterprise Value/Revenue: 1.95
• Enterprise Value/Gross Profit: 4.58
• Enterprise Value/Ebitda: 6.50
• 1Y Price Target: $69.12
• Price Target Upside: -3.96% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 13
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 77 Outperform
• Price Target: C$82.00 ▲(13.94% Upside)

Suncor Energy's strong financial performance and operational efficiency are significant strengths, supported by a solid balance sheet and attractive dividend yield. The positive earnings call further boosts confidence, despite some challenges in commodity pricing and currency fluctuations. Technical indicators suggest a stable trend, contributing to a favorable overall stock score.

Positive Factors

Diversified Integrated Business Model

Suncor's integrated model—Oil Sands, E&P, Refining & Marketing and renewables—provides multiple cash engines and downstream captive demand. Diversification across extraction, refining and retail reduces reliance on any single margin and supports more durable cash flows and resilience.

Record Production and Throughput

Sustained higher production and refinery utilization increases asset productivity and lowers unit costs, enabling structural margin improvement. Upward guidance tied to these gains implies lasting capacity and efficiency gains that support earnings stability and long-term volume growth.

Conservative Leverage and Strong Equity Base

Low debt-to-equity and a ~50% equity ratio provide financial flexibility to fund turnarounds, sustain dividends and buybacks, and withstand commodity cycles. Conservative leverage supports capital allocation optionality and risk absorption over multi-quarter horizons.

Negative Factors

Negative Revenue Trend

A shrinking top line erodes operating leverage and constrains long-term margin expansion. If persistent, declining revenue reduces scale benefits, pressures cash generation and limits the firm's ability to fund reinvestment, dividends and strategic projects without altering capital strategy.

Declining Free Cash Flow Growth

Falling FCF growth reduces capacity for organic investment, debt paydown and shareholder returns. Even with strong operating cash conversion, a downward FCF trend tightens capital allocation choices and increases vulnerability to sustained lower commodity prices or higher capex needs.

Exposure to Commodity and FX Volatility

Suncor's earnings and cash flows remain highly sensitive to oil price moves and CAD strength. These macro factors can materially swing margins and FCF across quarters, making long-term planning and predictable returns harder without active hedging or structural revenue diversification.

Suncor Energy Business Overview & Revenue Model

Company Description

Suncor Energy Inc. operates as an integrated energy company. The company primarily focuses on developing petroleum resource basins in Canada's Athabasca oil sands; explores, acquires, develops, produces, transports, refines, and markets crude oil in Canada and internationally; markets petroleum and petrochemical products under the Petro-Canada name primarily in Canada. It operates through Oil Sands; Exploration and Production; Refining and Marketing; and Corporate and Eliminations segments. The Oil Sands segment recovers bitumen from mining and in situ operations, and upgrades it into refinery feedstock and diesel fuel, or blends the bitumen with diluent for direct sale to market. The Exploration and Production segment is involved in offshore operations off the east coast of Canada and in the North Sea; and operating onshore assets in Libya and Syria. The Refining and Marketing segment refines crude oil and intermediate feedstock into various petroleum and petrochemical products; and markets refined petroleum products to retail, commercial, and industrial customers through its other retail sellers. The Corporate and Eliminations segment operates four wind farms in Ontario and Western Canada. The company also markets and trades in crude oil, natural gas, byproducts, refined products, and power. The company was formerly known as Suncor Inc. and changed its name to Suncor Energy Inc. in April 1997. Suncor Energy Inc. was founded in 1917 and is headquartered in Calgary, Canada.

How the Company Makes Money

Suncor Energy generates revenue through multiple streams, primarily from the sale of crude oil, natural gas, and refined petroleum products. The Oil Sands segment, which includes extraction and production of bitumen, is a significant revenue driver, as the company extracts heavy crude oil from the oil sands in Alberta. The Exploration and Production segment contributes further by exploring and producing conventional oil and gas outside of the oil sands. Suncor's Refining and Marketing segment refines crude oil into various fuels and sells them through its extensive retail network and commercial channels, providing a steady income stream. Additionally, Suncor has entered partnerships and joint ventures, particularly in its oil sands operations, to share costs and increase production efficiency, further enhancing its revenue potential. The company is also investing in renewable energy, which may contribute to future earnings as the global energy landscape shifts.

Suncor Energy Financial Statement Overview

Summary

Suncor Energy demonstrates strong operational efficiency and a solid financial position. Despite challenges in revenue growth and free cash flow generation, the company maintains healthy profit margins and a conservative leverage profile. The balance sheet strength and cash flow stability provide a solid foundation for future growth.

Income Statement

Suncor Energy's income statement shows a strong gross profit margin of 38.53% TTM, indicating efficient cost management. However, the net profit margin has slightly decreased to 11.21% TTM from 11.87% in the previous year, reflecting some pressure on net income. The revenue growth rate is negative at -0.67% TTM, suggesting a decline in sales compared to the previous period. Despite this, the EBIT and EBITDA margins remain robust at 16.17% and 30.93% TTM, respectively, showcasing operational efficiency.

Balance Sheet

The balance sheet is solid with a debt-to-equity ratio of 0.32 TTM, indicating a conservative leverage position. Return on equity is healthy at 12.65% TTM, though it has decreased from 13.51% in the previous year, suggesting a slight decline in profitability. The equity ratio stands at 50.48% TTM, reflecting a strong equity base relative to total assets.

Cash Flow

Cash flow analysis reveals a decline in free cash flow growth at -4.80% TTM, indicating reduced cash generation. However, the operating cash flow to net income ratio is strong at 1.36 TTM, suggesting good cash conversion from earnings. The free cash flow to net income ratio is 0.59 TTM, showing a solid ability to generate free cash flow relative to net income.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	50.16B	50.69B	49.09B	58.34B	39.13B	24.66B
Gross Profit	21.37B	19.85B	19.54B	24.83B	15.28B	4.30B
EBITDA	15.06B	16.40B	18.33B	22.28B	12.63B	2.55B
Net Income	5.26B	6.02B	8.29B	9.08B	4.12B	-4.32B
Balance Sheet
Total Assets	89.47B	89.78B	88.54B	84.62B	83.74B	84.62B
Cash, Cash Equivalents and Short-Term Investments	2.94B	3.48B	1.73B	1.98B	2.21B	1.89B
Total Debt	14.45B	14.69B	15.80B	16.03B	18.78B	22.14B
Total Liabilities	44.31B	45.27B	45.26B	45.25B	47.13B	48.86B
Stockholders Equity	45.16B	44.51B	43.28B	39.37B	36.61B	35.76B
Cash Flow
Free Cash Flow	8.04B	9.48B	6.52B	10.56B	7.21B	-1.25B
Operating Cash Flow	13.94B	15.96B	12.34B	15.68B	11.76B	2.67B
Investing Cash Flow	-6.21B	-6.47B	-6.51B	-4.79B	-3.98B	-4.52B
Financing Cash Flow	-7.83B	-7.88B	-5.99B	-11.23B	-7.46B	1.79B

Suncor Energy Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 71.97
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SU, the sentiment is Positive. The current price of 71.97 is above the 20-day moving average (MA) of 67.76, above the 50-day MA of 63.63, and above the 200-day MA of 55.67, indicating a bullish trend. The MACD of 2.64 indicates Negative momentum. The RSI at 73.25 is Negative, neither overbought nor oversold. The STOCH value of 77.46 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:SU.

Suncor Energy Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CNQ	81 Outperform	C$105.47B	15.96	16.17%	5.23%	8.06%	-10.64%
SU	77 Outperform	$86.46B	16.82	11.41%	3.91%	-3.08%	-31.48%
CVE	73 Outperform	$50.79B	15.54	10.65%	3.40%	-9.17%	-12.97%
IMO	72 Outperform	C$68.35B	21.22	14.30%	2.45%	-6.18%	-14.06%
PPL	70 Outperform	$32.88B	20.17	10.22%	5.44%	2.81%	-14.92%
TRP	70 Outperform	$83.08B	24.47	12.96%	4.41%	-3.98%	-33.45%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%

Suncor Energy Corporate Events

Suncor Energy Sets February Dates for Q4 2025 Results and Investor Webcast

Suncor Energy will publish its fourth-quarter 2025 financial results on February 3, 2026, after market close, and host a webcast with management remarks and an analyst Q&A the following morning, offering investors and analysts a detailed update on the company’s recent performance. The scheduled disclosure and investor event underscore Suncor’s efforts to maintain transparency with the market and provide stakeholders with visibility into how its integrated operations and transition-focused investments are progressing amid evolving energy and capital-market conditions.

The most recent analyst rating on (TSE:SU) stock is a Buy with a C$76.00 price target. To see the full list of analyst forecasts on Suncor Energy stock, see the TSE:SU Stock Forecast page.

Suncor Delivers Investor Targets a Year Early on Record 2025 Performance

Suncor Energy reported a record-breaking 2025, achieving its 2024 Investor Day performance targets a full year ahead of plan, underpinned by its safest year on record, higher upstream production, and best-ever utilization across both its upgraders and refineries. The company delivered significant operational outperformance versus prior guidance, including full-year upstream production of 860,000 barrels per day and refining utilization of 103%, while reducing its corporate WTI breakeven by US$10 per barrel, cutting annual capital expenditures to $5.7 billion, and lowering net debt to $8 billion. Management highlighted that these gains have strengthened Suncor’s balance sheet, enhanced resilience, and enabled the return of $11.5 billion to shareholders through dividends and buybacks over the past two years, positioning the company to outline its next phase of shareholder value creation at its March 2026 Investor Day.

The most recent analyst rating on (TSE:SU) stock is a Buy with a C$48.00 price target. To see the full list of analyst forecasts on Suncor Energy stock, see the TSE:SU Stock Forecast page.

Suncor Energy Unveils 2026 Corporate Guidance with Focus on Shareholder Returns

Suncor Energy has announced its 2026 corporate guidance, emphasizing its commitment to superior shareholder returns through increased share repurchases and operational excellence. The company projects significant growth in upstream production and refining utilization, surpassing previous targets, and plans strategic investments in high-value opportunities while maintaining capital discipline. This guidance reflects Suncor’s confidence in its operational performance and its strategy to deliver long-term shareholder value.

The most recent analyst rating on (TSE:SU) stock is a Buy with a C$69.00 price target. To see the full list of analyst forecasts on Suncor Energy stock, see the TSE:SU Stock Forecast page.

Suncor Energy Announces $1 Billion Note Offering to Repay Debt

Suncor Energy announced a $1 billion offering of senior unsecured notes, split into two tranches with different maturity dates and interest rates. The proceeds from this offering will be used to repay existing debt, potentially strengthening Suncor’s financial position and enhancing its ability to invest in future projects.

The most recent analyst rating on (TSE:SU) stock is a Buy with a C$70.00 price target. To see the full list of analyst forecasts on Suncor Energy stock, see the TSE:SU Stock Forecast page.

Suncor Energy Announces $1 Billion Note Offering to Repay Debt

Suncor Energy has announced a $1 billion offering of senior unsecured notes, split into two tranches with different maturity dates and interest rates. The proceeds from this offering will be used to repay existing debt, potentially strengthening the company’s financial position and offering flexibility in its capital management strategy. This move may enhance Suncor’s industry positioning by reducing financial liabilities and supporting its ongoing transition to a lower-emissions future.

The most recent analyst rating on (TSE:SU) stock is a Buy with a C$70.00 price target. To see the full list of analyst forecasts on Suncor Energy stock, see the TSE:SU Stock Forecast page.

Suncor Energy Achieves Record Third-Quarter Results in 2025

Suncor Energy reported strong third-quarter 2025 results, achieving record refinery throughput and upstream production. The company generated $3.8 billion in adjusted funds from operations and returned over $1.4 billion to shareholders through share repurchases and dividends. Suncor’s performance reflects its commitment to operational excellence and a robust integrated business model, leading to increased shareholder value and reliable cash flow generation.

The most recent analyst rating on (TSE:SU) stock is a Buy with a C$62.00 price target. To see the full list of analyst forecasts on Suncor Energy stock, see the TSE:SU Stock Forecast page.

Suncor Energy Boosts Quarterly Dividend Amid Strong Performance

Suncor Energy has announced a 5% increase in its quarterly dividend to $0.60 per common share, reflecting the company’s strong operational improvements and financial performance. This decision underscores the Board’s confidence in Suncor’s ability to generate value for shareholders through enhanced free funds flow and share repurchases, with dividends payable on December 24, 2025.

The most recent analyst rating on (TSE:SU) stock is a Buy with a C$62.00 price target. To see the full list of analyst forecasts on Suncor Energy stock, see the TSE:SU Stock Forecast page.