
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 for a significant increase in share repurchase allocation from 75% to nearly 100% of excess funds flow. The company is strategically positioning its bitumen supply to enhance margin capture and cost efficiencies, which could be advantageous if export egress increases. Additionally, Suncor has made notable progress in improving its operational metrics, particularly in safety, asset reliability, and process safety over the past two years, further strengthening its overall operational integrity.
Bears say
Suncor Energy's stock faces considerable downside risk primarily due to the volatility associated with crude oil prices and refining margins, which can significantly impact the company's profitability. Additionally, despite an improvement in operational efficiency reflected in a US$7 reduction in WTI break-even costs, the company's reliance on fluctuating commodity prices poses a persistent challenge. The ongoing emphasis on capital discipline may enhance short-term financial metrics, but it does not fully mitigate the long-term risks associated with external market conditions and the overall economic 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
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