
Suncor Energy (SU) Stock Forecast & Price Target
Suncor Energy (SU) Analyst Ratings
Bulls say
Suncor Energy Inc. has successfully achieved its $8.0 billion net debt target, allowing for an increase in the allocation of excess funds toward share repurchases from 75% to nearly 100%, which signals strong financial discipline. The company is positioning its bitumen supply effectively to capitalize on potential margin capture and cost enhancements as export egress increases, indicating a proactive approach to market dynamics. Furthermore, Suncor has made significant strides in operational improvements, including enhanced safety, reliability, and integrity, contributing to a successful turnaround and reinforcing its competitive advantage in the energy sector.
Bears say
Suncor Energy faces significant risks to its financial outlook primarily due to potential volatility in crude oil prices and downstream refining margins, which could jeopardize revenue stability. Additionally, the company has recently reduced its WTI break-even price, indicating a strategic effort to enhance capital discipline, but this may not sufficiently offset the adverse effects of fluctuating market conditions. Overall, these factors contribute to a cautious outlook regarding Suncor Energy's financial performance.
This aggregate rating is based on analysts' research of Suncor Energy and is not a guaranteed prediction by Public.com or investment advice.
Suncor Energy (SU) Analyst Forecast & Price Prediction
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