
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, allowing for a significant increase in excess funds flow allocation toward share repurchases, with nearly 100% now designated for this purpose. The company anticipates enhanced margin capture and cost improvements in its bitumen supply, especially if export egress expands, indicating a strong position for revenue growth. Furthermore, substantial advancements in safety, operational integrity, and asset reliability over the past two years reflect a robust turnaround, contributing positively to the company's overall stability and financial health.
Bears say
The analysis reveals that Suncor Energy's stock outlook is negatively influenced by the significant risks associated with unexpected fluctuations in crude oil prices and refining margins, which are critical for the company’s profitability. Additionally, while the company has made strides in reducing its WTI break-even price, the dependency on volatile market conditions underscores inherent financial instability. The overarching uncertainty in both crude oil pricing and downstream margins poses substantial risks that could adversely affect Suncor's financial performance moving forward.
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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