Suncor Energy Stock Today
| SU Stock | USD 38.05 0.16 0.42% |
Performance18 of 100
| Odds Of DistressLess than 5
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Suncor Energy is selling for under 38.05 as of the 19th of April 2024; that is 0.42 percent up since the beginning of the trading day. The stock's last reported lowest price was 37.85. Suncor Energy has under 5 % chance of experiencing financial distress over the next 2 years and had a solid performance during the last 90 days. Equity ratings for Suncor Energy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Energy | IPO Date 1st of December 1993 |
Suncor Energy Inc. operates as an integrated energy company. Suncor Energy Inc. was founded in 1917 and is headquartered in Calgary, Canada. Suncor Energy operates under Oil Gas Integrated classification in the United States and is traded on New York Stock Exchange. The company has 1.29 B outstanding shares of which 19.53 M shares are at this time sold short in the market by investors with about 3.89 days to cover all shorted shares. More on Suncor Energy
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Follow Valuation Options Odds of Bankruptcy
Financial Report 13th of May 2024
Suncor Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Suncor Energy's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Suncor Energy or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Suncor Energy's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Suncor Energy's managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| CEO | Mark Little | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Oil, Gas & Consumable Fuels, Oil & Gas Integrated, Energy, NYSE Composite, SBF 120, Nasdaq CTA Artificial, ARCA Oil, SP TSX Composite, CAC All-Tradable, CAC All Shares, Climate Change, Petroleum and Natural Gas, Impulse, Energy, Oil, Gas & Consumable Fuels, Oil & Gas Integrated, Energy (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Suncor Energy report their recommendations after researching Suncor Energy's financial statements, talking to executives and customers, or listening in on Suncor Energy's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Suncor Energy. The Suncor consensus assessment is calculated by taking the average forecast from all of the analysts covering Suncor Energy. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key measurements obtained from Suncor Energy's financial statements, Suncor Energy may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Suncor Energy is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Suncor Energy's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Suncor Energy's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Suncor Energy's financial leverage. It provides some insight into what part of Suncor Energy's total assets is financed by creditors.
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Suncor Energy (SU) is traded on New York Stock Exchange in USA. It is located in 6th Avenue S.W, Calgary, AB, Canada, T2P 3E3 and employs 14,906 people. Suncor Energy is listed under Oil, Gas & Consumable Fuels category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a market capitalization of 48.97 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Suncor Energy's market, we take the total number of its shares issued and multiply it by Suncor Energy's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Suncor Energy is active under Oil, Gas & Consumable Fuels sector as part of Energy industry. The entity has 1.29 B outstanding shares of which 19.53 M shares are at this time sold short in the market by investors with about 3.89 days to cover all shorted shares.
Suncor Energy reports about 1.98 B in cash with 12.34 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.45.
Check Suncor Energy Probability Of Bankruptcy
Ownership AllocationSuncor Energy shows a total of 1.29 Billion outstanding shares. Over half of Suncor Energy's outstanding shares are owned by institutional holders. These institutional holders are typically referred to as corporate investors that take positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Suncor Energy. Please watch out for any change in the institutional holdings of Suncor Energy as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Suncor Ownership Details
Suncor Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Suncor Energy jumping above the current price in 90 days from now is about 8.91%. The Suncor Energy probability density function shows the probability of Suncor Energy stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon Suncor Energy has a beta of 0.1264. This usually implies as returns on the market go up, Suncor Energy average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Suncor Energy will be expected to be much smaller as well. Additionally, suncor Energy has an alpha of 0.2963, implying that it can generate a 0.3 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Suncor Energy to move above the current price in 90 days from now is about 8.91 (This Suncor Energy probability density function shows the probability of Suncor Stock to fall within a particular range of prices over 90 days) .
Suncor Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Suncor Energy that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Suncor Energy's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Suncor Energy's value.| Instituion | Recorded On | Shares | |
| Manufacturers Life Insurance Co | 2023-12-31 | 19.7 M | |
| Cibc World Markets Inc. | 0012-12-31 | 19.3 M | |
| Arrowstreet Capital Limited Partnership | 2023-12-31 | 19.2 M | |
| T. Rowe Price Associates, Inc. | 2023-12-31 | 17.5 M | |
| Bank Of Nova Scotia | 2023-12-31 | 17.3 M | |
| Goldman Sachs Group Inc | 2023-12-31 | 15.6 M | |
| Mackenzie Investments | 2023-12-31 | 15.3 M | |
| Beutel, Goodman & Company Ltd. | 2023-12-31 | 13.5 M | |
| Blackrock Inc | 2023-12-31 | 13.4 M | |
| Royal Bank Of Canada | 2023-12-31 | 62.3 M | |
| Sanders Capital, Llc | 2023-12-31 | 57.3 M |
Suncor Energy Historical Income Statement
Suncor Energy Income Statement is one of the three primary financial statements used for reporting Suncor's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Suncor Energy revenue and expense. Suncor Energy Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Suncor Energy's Income Before Tax is comparatively stable compared to the past year. Total Other Income Expense Net is likely to gain to about 2 B in 2024, whereas Total Operating Expenses is likely to drop slightly above 7.1 B in 2024. View More FundamentalsSuncor Stock Against Markets
Picking the right benchmark for Suncor Energy stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Suncor Energy stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Suncor Energy is critical whether you are bullish or bearish towards Suncor Energy at a given time. Please also check how Suncor Energy's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Suncor Energy without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Suncor Energy Corporate Directors
Suncor Energy corporate directors refer to members of a Suncor Energy board of directors. The board of directors generally takes responsibility for the Suncor Energy's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Suncor Energy's board members must vote for the resolution. The Suncor Energy board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Jacynthe Cote | Director | Profile | |
| John Huff | Independent Director | Profile | |
| Dennis Houston | Independent Director | Profile | |
| Douglas Ford | Independent Director, Member of HR and Compensation Committee and Member of Governance Committee | Profile |
How to buy Suncor Stock?
Before investing in Suncor Energy, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Suncor Energy. To buy Suncor Energy stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Suncor Energy. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Suncor Energy stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Suncor Energy stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Suncor Energy stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Suncor Energy, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Suncor Stock please use our How to Invest in Suncor Energy guide.
Already Invested in Suncor Energy?
The danger of trading Suncor Energy is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Suncor Energy is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Suncor Energy. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Suncor Energy is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Suncor Energy is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Suncor Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Suncor Energy Stock. Highlighted below are key reports to facilitate an investment decision about Suncor Energy Stock: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Suncor Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. For more information on how to buy Suncor Stock please use our How to Invest in Suncor Energy guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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When running Suncor Energy's price analysis, check to measure Suncor Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Suncor Energy is operating at the current time. Most of Suncor Energy's value examination focuses on studying past and present price action to predict the probability of Suncor Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Suncor Energy's price. Additionally, you may evaluate how the addition of Suncor Energy to your portfolios can decrease your overall portfolio volatility.
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Is Suncor Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Suncor Energy. If investors know Suncor will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Suncor Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.066 | Dividend Share 2.105 | Earnings Share 4.58 | Revenue Per Share 37.532 | Quarterly Revenue Growth (0.08) |
The market value of Suncor Energy is measured differently than its book value, which is the value of Suncor that is recorded on the company's balance sheet. Investors also form their own opinion of Suncor Energy's value that differs from its market value or its book value, called intrinsic value, which is Suncor Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Suncor Energy's market value can be influenced by many factors that don't directly affect Suncor Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Suncor Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Suncor Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Suncor Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.