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SU / Suncor stock seen lower but robust after showing softer profits

Suncor Energy Inc. (TSX:SU) shares are seen slightly lower in premarket deals, on Nasdaq, following quarterly results that showed a halving of profit in the second three-months of its financial year. Net income was reported at C$1.88 billion (US$1.4bn) down from C$4 billion in the same period last year, whilst on a per share basis it reported C$1.44 versus C$2.84. Read More

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Posted: Aug 15 2023, 08:21

Author Name: Proactive Investors

SU News

By Zacks Investment Research
October 25, 2023

Suncor Energy (SU) Rises As Market Takes a Dip: Key Facts

The latest trading day saw Suncor Energy (SU) settling at $33.22, representing a +1.1% change from its previous close.

By Seeking Alpha
October 25, 2023

Suncor Energy: Oil Prices Spiking As This 4.5% Yield Beast Becomes A Buy

Suncor Energy offers a double-digit upside potential with a price target above $42 per share. The company is well-prepared for long-term challenges in

By Reuters
October 16, 2023

Suncor CEO says unpredictable Canadian energy policy scaring away capital

Unpredictability in Canadian energy policy is scaring away capital investment in the sector, the CEO of one of Canada's largest oil producers, Suncor

By Zacks Investment Research
October 9, 2023

Is the Options Market Predicting a Spike in Suncor Energy (SU) Stock?

Investors need to pay close attention to Suncor Energy (SU) stock based on the movements in the options market lately.

By Zacks Investment Research
October 5, 2023

Suncor Energy (SU) to Acquire TotalEnergies' Canadian Stake

Suncor Energy (SU) announces the acquisition of TotalEnergies' Canadian oil sands stake for $1.07 billion, enhancing its bitumen production capacity.

By Reuters
October 4, 2023

Suncor Energy to acquire TotalEnergies' Canadian operations for C$1.47 bln

Suncor Energy on Wednesday said it will acquire TotalEnergies' Canadian operations for C$1.47 billion ($1.07 billion).

By Seeking Alpha
September 21, 2023

Suncor Energy Looks Golden

Earlier this year, Shark Tank star Kevin O'Leary commented that energy stocks looked golden. In particular, he pointed out their robust cash flow and

By Seeking Alpha
September 13, 2023

Suncor Energy: Ride The Potential Global Oil Price Spike

Suncor Energy is well-positioned for a potential oil price spike and has one of the best reserve life ratios in the industry. Suncor's latest quarterl

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