SU Stock Recent News

President Trump aims to lower oil prices, but domestic production growth faces challenges. The administration may turn to OPEC+ and political pressure to boost supply. Despite short-term volatility, my long-term oil thesis remains strong. U.S. producers remain competitive, and global demand continues to grow, supporting energy investments. I focus on high-quality oil and gas stocks with strong balance sheets, low breakeven prices, and deep reserves. These companies offer stability and long-term upside.

Suncor Energy (SU) reported earnings 30 days ago. What's next for the stock?

All financial figures are in Canadian dollars. Calgary, Alberta--(Newsfile Corp. - February 26, 2025) - Suncor Energy (TSX: SU) (NYSE: SU) has filed its 2024 Annual Report, 2024 Annual Information Form and 2024 Management Proxy Circular.

Suncor Energy has achieved its net debt target, enabling it to return more money to shareholders through dividends and buybacks, making it an attractive investment. Despite lower oil prices, Suncor reported strong Q4 results, with record production levels and impressive free funds flow, highlighting its operational efficiency. The macro environment appears moderately bullish, with postponed tariffs, potential favorable Canadian elections, and declining global oil inventories supporting a positive outlook for Suncor.

Inflation erodes purchasing power, making it crucial to invest in equities, which historically outperform cash over the long term despite volatility. My thesis is that inflation will stay "higher for longer" due to factors like energy costs, labor market tightness, and deglobalization. To combat inflation, I recommend investing in sectors with strong pricing power like energy and real estate, which have historically outperformed during inflationary periods.

As the energy market adjusts to new pricing and production trends, stocks like SUN, SU and GPOR will be key to navigating future opportunities.

Suncor Energy (SU) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

I believe we're at a turning point for cyclical stocks, with improving indicators and global growth signaling potential outperformance in industrials, energy, and transportation. I'm positioning my portfolio for this shift, adding to railroads, machinery, and energy stocks. I'm confident these sectors will see strong returns and accelerating dividend growth. Of course, risks remain - geopolitical tensions, inflation, or economic slowdowns could derail this trend. But for now, the risk/reward looks favorable.

Suncor Energy Inc. (NYSE:SU ) Q4 2024 Earnings Call February 6, 2025 9:30 AM ET Company Participants Troy Little - Senior Vice President, External Affairs Rich Kruger - President and Chief Executive Officer Kris Smith - Chief Financial Officer Peter Zebedee - Executive Vice President, Oil Sands Dave Oldreive - Executive Vice President, Downstream Shelley Powell - Senior Vice President, Operational Improvement and Support Services Adam Husain Albeldawi - Chief Human Resource Officer Conference Call Participants Greg Pardy - RBC Capital Markets Dennis Fong - CIBC Manav Gupta - UBS Menno Hulshof - TD Securities John Royall - JPMorgan Adam Wijaya - Goldman Sachs Doug Leggate - Wolfe Research Patrick O'Rourke - ATB Capital Markets Operator Good day and thank you for standing by. Welcome to the Suncor Energy Fourth Quarter 2024 Financial Results Call.

Canadian oil producer Suncor Energy is well-positioned compared to many of its competitors to weather threatened U.S. tariffs, CEO Rich Kruger said on Thursday.