
Suncor Energy (SU) Stock Forecast & Price Target
Suncor Energy (SU) Analyst Ratings
Bulls say
Suncor Energy has successfully achieved its $8.0 billion net debt target, allowing the company to allocate nearly 100% of excess funds toward share repurchases, which represents a significant increase from the previous 75%. The company has also positioned itself to enhance margin capture and cost efficiency through strategic management of its bitumen supply, particularly if export capacity increases. Furthermore, Suncor has demonstrated a successful operational turnaround, marked by substantial improvements in safety, operational integrity, asset reliability, and process safety over the past two years.
Bears say
Suncor Energy's outlook remains challenged primarily due to the company's vulnerability to unexpected fluctuations in crude oil prices and downstream refining margins, which are critical to its financial performance. Additionally, while the company has achieved a reduction in its WTI break-even price by US$7, the reliance on capital discipline raises concerns about its ability to sustain profitable operations amid volatile market conditions. The concentrated revenue generation in Canada further compounds these risks, exposing the company to domestic economic fluctuations and regulatory changes.
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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