Suncor Energy Inc. (SU) , a leading integrated energy company, recently announced the operational performance update for the fourth quarter and full-year 2024. The company recorded an unprecedented performance in upstream and downstream businesses in 2024, setting records in oil production and refining throughput.SU’s Upstream PerformanceIn the fourth quarter alone, Suncor’s upstream production soared to 874 kbbl/d (thousand barrels per day), up from 808 kbbl/d a year earlier, marking the upgrader utilizati ...

Suncor Energy Achieves Record Quarterly and Full Year Operational ResultsJanuary 06, 2025 5:00 PM EST | Source: Suncor Energy Inc.(All figures are approximate)Calgary, Alberta--(Newsfile Corp. - January 6, 2025) - Suncor (TSX: SU) (NYSE: SU) today provided an operational performance update for its upstream and downstream businesses for the 4th quarter and full year of 2024 as summarized below: Upstream Highlights:Record quarterly production of 874,000 bbls/d, up 66,000 bbls/d from 4th quarter ...

Suncor Energy Inc. (SU) has shown strong performance in a volatile oil market, with its share price rising by 9.8% year to date (YTD), outperforming the broader oil and energy sector, which has gained 0.4% during the same timeframe. Moreover, the company has fared better than its peers in the Canadian Integrated Oil and Gas industry, including Cenovus Energy (CVE) and Veren Inc. (VRN) .Image Source: Zacks Investment ResearchThis Canada's premier integrated energy company makes money by extracting bitumen fr ...

In my last article , I discussed the incredible performance of Suncor Energy (NYSE: SU ) (TSX: SU:CA ) in Q2 2024. Its Q2 performance was good, and its valuation ratios showed significant undervaluation. But now, the numbers show a better pictureI am a financial writer with a degree in Finance. In my five-year career, I have worked with two financial companies. I keep a close eye on Energy, Banking, and Tech stocks. My main focus is fundamental analysis and looking at the long-term position of a stock inste ...

Investment thesis: A combination of weak oil prices, as well as questions about Canada's green initiatives that may negatively impact Canadian oil sands producers, has hurt Suncor's (NYSE: SU ) share price in the past few weeks. These shorter-termAnalyst’s Disclosure: I/we have a beneficial long position in the shares of SU either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seek ...

Suncor Energy (SU) has been beaten down lately with too much selling pressure. While the stock has lost 12.5% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.Guide to Identifying Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that ...

Suncor Energy (SU) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Since a cha ...

公司核心观点 - 公司发布了2025年企业指引，展示了其上游增长计划的持续性，目标上游产量为每天810,000至840,000桶，较2024年预计产量增长约4% [1] - 公司计划将年度炼油利用率从现有的93%提高到预计的97%，反映出埃德蒙顿和萨尼亚炼油厂计划停工的影响，并得到2024年全年运营效率提升的支持 [2] - 公司通过增加产量和利润率、降低成本以及遵循严格的资本支出计划，旨在实现每股自由现金流的增长 [3] 资本支出计划 - 公司计划在2025年将资本支出减少3%，范围在61亿至63亿加元之间，主要资本支出计划包括Base Plant Upgrader 1的焦炭鼓更换、Mildred Lake West Mine Extension和West White Rose项目的开发，以及优化PetroCanada零售网络以优化下游运营 [4] 成本管理 - 公司的成本管理策略通过降低每桶西德克萨斯中质油（WTI）的盈亏平衡价格10美元，增强了其竞争优势 [5] 市场需求 - 根据美国能源信息管理局的数据，由于美国工业活动的增加，受益于美联储的降息，美国燃料需求将上升，这为加拿大原油的最大市场提供了支持 [6] 行业背景 - 加拿大石油公司，如公司，由于今年早些时候Trans Mountain管道扩建的启动，处于更好的生产增长位置，管道扩建使从阿尔伯塔到加拿大太平洋海岸的石油流量几乎增加了两倍，提高了加拿大原油的价格，并打开了通往亚洲和美国西海岸的市场 [7] - 其他加拿大公司，如Imperial Oil Limited和Pembina Pipeline Corporation，也在12月宣布了2025年的企业展望计划 [8] - Imperial Oil的企业指引主要关注盈利性产量增长和增加现金流，预计其资本和勘探支出为19亿至21亿加元，平衡投资于上游和下游业务 [9] - Pembina Pipeline也推出了2025年11亿加元的资本投资计划，专注于正在进行的项目和未来项目的开发，以提高产量，预计所有2025年的资本投资计划将由运营活动的现金流提供资金 [10]

All financial figures are in Canadian dollars, unless noted otherwiseCalgary, Alberta--(Newsfile Corp. - December 12, 2024) - Suncor Energy (TSX: SU) (NYSE: SU) Growth in upstream consistent with plan to add over 100,000 bbls/d between 2023 and 2026Increased refinery utilization reflecting stronger asset performance and market positionLower oil sands costs driven by productivity improvementsDisciplined capital program with select high quality strategic investmentsFinancial performance aligned with May 2024 ...

Suncor Energy Inc. (SU) recorded the highest crude output in October from its wells in Alberta on gains at the Firebag oil sands site. Owing to the record high production, the site has also been termed as “Rock Star” by the chief executive of the company.SU Hits Production MilestoneWith data available from 2018, SU’s wells in the area recorded the highest output of 284,000 barrels per day in October. The number also indicates a 14% rise in output compared with September levels. The record growth in producti ...