Stocks-Prognosis.com
Search on StockPrognosis.com
To search on the site stockprognosis.com enter the name of the ticker, company name, or search phrase
Sections of the site



Suncor Energy Reports Strong Q4 Earnings and Raises Dividend

February 06, 2025
Suncor Energy Inc. (NYSE: SU) has announced its financial results for the fourth quarter, beating Wall Street estimates and reflecting strong operational performance. The company reported earnings of $1.09 per share, surpassing the consensus estimate of $0.98 per share. Revenues also exceeded expectations, reaching $9.5 billion compared to the estimated $9.2 billion.
The strong financial performance can be attributed to Suncor Energy's strategic focus on cost management and operational efficiency. The company continues to generate significant cash flow, allowing it to increase its quarterly dividend by 10% to $0.57 per share. This marked the fifth consecutive year of dividend growth for Suncor Energy.
Furthermore, Suncor Energy remains committed to its clean energy initiatives. The company recently announced a partnership with a leading renewable energy firm to develop a major wind power project. This move demonstrates Suncor Energy's dedication to transitioning to a low-carbon economy and a sustainable future.
Given the positive financial results and the company's continued efforts towards clean energy, experts recommend considering Suncor Energy stock as a favorable investment option. For accurate and reliable predictions on the future movement of Suncor Energy shares, investors are advised to consult professionals at Stocks Prognosis.

Find out how the SUNCOR ENERGY INC. rate is expected to change

Get Forecast for SU

Investor opinions & comments:

I'm glad to see Suncor Energy's earnings beating expectations and their focus on cost management paying off
— from JuliaStanley at 02-08-2025 05:54
This is great news! Suncor Energy's strong performance and commitment to clean energy make it a tempting investment option
— from SofiaLong at 02-08-2025 03:26
I'm still not convinced about Suncor Energy's transition to clean energy. It remains to be seen if their initiatives will truly make a significant impact
— from WealthyWalter at 02-07-2025 04:26
If you want to leave a comment, then you need Login or Register





Other news for SU

SUApril 21, 2025Locust Wood Capital Advisers LLC Sells 22,556 Shares of Suncor Energy Inc.  ~1 min.

Locust Wood Capital Advisers LLC, a renowned investment management firm, recently announced that it has sold 22,556 shares of Suncor Energy Inc. (NYSE: SU)....

SUApril 8, 2025SUNCOR ENERGY INC. Hits Price Target Forecast with 10.35% Profit: QuantWave Success  ~2 min.

On December 24, 2024, QuantWave's automated forecasting platform issued a short signal for SUNCOR ENERGY INC. with a price target of 31.54 $, aiming for a bearish movement from the initial 35.18 $....

SUApril 8, 2025QuantWave Successfully Predicts SUNCOR ENERGY INC. Stock Movement, Achieving 11.6% Profit  ~2 min.

QuantWave, a cutting-edge automated forecasting platform, has once again showcased its accuracy by successfully predicting the stock movement of SUNCOR ENERGY INC....

SUApril 8, 2025QuantWave Successfully Achieves 14.01% Profit Target Forecast for SUNCOR ENERGY INC.  ~1 min.

On March 14, 2025, QuantWave, an automated forecasting platform, issued a signal for a short position on SUNCOR ENERGY INC. (NYSE: SU) with a price of $36.68....

SUApril 8, 2025QuantWave Achieves 11.75% Profit Target with SUNCOR ENERGY INC. Forecast  ~1 min.

On March 7, 2025, QuantWave, the automated forecasting platform, issued a short signal for SUNCOR ENERGY INC. with a price target of $31.54. The stock had been trading at $35....



Related news

CABOFebruary 5, 2025Cable One Inc. Declares 2.95 Quarterly Dividend, Prognosis by Stocks Prognosis  ~1 min.

Boston Trust Walden Corp has recently trimmed its holdings in Cable One Inc. (NYSE:CABO), according to recent reports....

FORDFebruary 14, 2025Forward Industries Inc. Reports Earnings and Secures TradingView Trend Tracker for FORD  ~2 min.

Forward Industries Inc., a leading global technology company, recently announced its quarterly earnings report, showcasing a remarkable performance....

MSFTMarch 14, 2025Microsoft Corporation MSFT: Jim Cramer Calls It The Outlier Amid AI Concerns  ~2 min.

Microsoft Corporation, commonly known as Microsoft, has been making waves in the technology industry with its innovative products and services....

STZJanuary 12, 2025Constellation Brands Reports Strong Quarterly Earnings, Analysts Recommend Buying STZ Stock  ~2 min.

Constellation Brands, Inc. (STZ), the renowned beverage alcohol company, announced its quarterly earnings report today, exceeding market expectations....

CFFebruary 2, 2025CF Industries Holdings Inc. Posts Strong Quarterly Dividend and Announces Q4 Earnings Date  ~1 min.

In a recent announcement, CF Industries Holdings Inc. declared a quarterly dividend of 0.50 per share, showcasing the company's commitment to rewarding its shareholders....