
Suncor Energy (SU) Stock Forecast & Price Target
Suncor Energy (SU) Analyst Ratings
Bulls say
Suncor Energy Inc. has successfully reached its $8.0 billion net debt target, allowing the company to allocate nearly 100% of excess funds toward share repurchases, increasing shareholder returns. The planned enhancements in bitumen supply's pace and scale aim to bolster margin capture and cost efficiency, particularly if export capabilities improve. Additionally, Suncor's commitment to enhancing safety and operational integrity over the past two years positions the company for significant unit operating cost reduction, anticipated by mid-2027, further strengthening its financial outlook.
Bears say
Suncor Energy faces significant risks associated with fluctuations in crude oil prices and downstream refining margins, which could adversely impact its financial performance. The company's recent initiatives, aimed at reducing its WTI break-even price by $7 to $46, reflect a focus on capital discipline, yet ongoing vulnerability to external market forces remains. Additionally, while Suncor is shifting towards a more sustainable growth model with reduced sustaining capital investments limited to $6 billion annually, this strategy may not sufficiently stabilize revenue amid the volatile energy market.
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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