
Suncor Energy (SU) Stock Forecast & Price Target
Suncor Energy (SU) Analyst Ratings
Bulls say
Suncor Energy Inc. demonstrates a strong operational performance, with Firebag achieving October production rates of 251,200 bbl/d and maintaining a top-quartile steam-oil ratio (SOR) of 2.4x, reflecting improved efficiency from the previous month. Furthermore, the company's successful attainment of its $8.0 billion net debt target enables nearly full allocation of excess funds toward share repurchases, enhancing shareholder value. This positive structural and operational framework, coupled with ongoing momentum projected into 2025, positions Suncor favorably for future growth and relative share price appreciation.
Bears say
Suncor Energy Inc. faces considerable risks stemming from unpredictable fluctuations in crude oil prices and downstream refining margins, which significantly impact its financial performance. The company's revenue generation is predominantly tied to the volatile oil market and refining sector, making it vulnerable to external market forces. Additionally, the combined effects of these risks create uncertainty regarding the company's ability to maintain stable profitability and operational efficiency in a challenging market environment.
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
Start investing in Suncor Energy (SU)
Order type
Buy in
Order amount
Est. shares
0 shares