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Suncor Energy (SU) concluded the recent trading session at $39.15, signifying a +0.18% move from its prior day's close.
Suncor Energy: Turnaround Story Not Reflected In The Share Price
Suncor Energy (SU) reported earnings 30 days ago. What's next for the stock?
Suncor (SU) and Fort McKay sign a memorandum of understanding regarding a potential oil sands lease development opportunity in Fort McKay reserve lands.
Canada's second-biggest oil producer, Suncor Energy , has signed a memorandum of understanding with Fort McKay First Nation to assess a potential oil sands lease on the Indigenous community's land, the First Nation and company said on Thursday.
Six environmental groups on Feb. 27 filed a legal brief saying they do not support a recent settlement between Colorado and Suncor Energy over an air-quality monitoring program at the company's Commerce City oil refinery.
In an overlooked energy sector, robust operations, shareholder rewards, and industry tailwinds make Suncor a compelling buy in a tech-dominated market. SU offers deep value potential amidst sector volatility. Strong fundamentals, shareholder-friendly policies, and favorable industry dynamics position it for substantial upside. Despite market sentiment favoring tech, SU's undervaluation, strong fundamentals, and industry prospects make it a standout investment choice.
Suncor Energy (SU) expects capital expenditures in the band of C$6.3-C$6.5 billion and production in the range of 770,000-810,000 boe/d for full-year 2024.
While the top- and bottom-line numbers for Suncor Energy (SU) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Suncor Energy (SU) came out with quarterly earnings of $0.93 per share, beating the Zacks Consensus Estimate of $0.79 per share. This compares to earnings of $1.33 per share a year ago.