
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, which allows for the allocation of nearly 100% of excess funds flow towards share repurchases, enhancing shareholder value. The company is positioned to improve its profitability through margin capture and cost enhancements, particularly with expected growth in export egress for its bitumen supply. Additionally, Suncor has made significant advancements in safety, operational integrity, and asset reliability, contributing to a positive corporate turnaround over the past two years.
Bears say
Suncor Energy faces significant risks related to volatility in crude oil prices and downstream refining margins, which could adversely affect its financial performance. The company has implemented intensified capital discipline, contributing to a reduction in its WTI break-even point, yet these cost-management efforts may not sufficiently mitigate the impact of market fluctuations. The reliance on Canada for revenue generation further exposes Suncor to regional economic conditions and market dynamics, potentially leading to a negative outlook on its stock.
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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