Earnings Alerts

Suncor Energy (SU) Earnings: 4Q Adjusted Operating EPS Surpasses Estimates

By February 22, 2024 No Comments
  • Suncor Energy‘s 4Q Adjusted Operating EPS exceeded estimates.
  • The Adjusted operating EPS was C$1.26, significantly higher than the estimated C$0.94.
  • The EPS was C$2.18.
  • The AFFO reached C$4.03 billion.
  • Cash flow from operations was C$4.32 billion, surpassing the estimated C$3.51 billion.
  • Upstream production was at 808,100 boe/d.
  • There were 12 buys, 11 holds, and 0 sells for Suncor Energy.

A look at Suncor Energy Smart Scores

FactorScoreMagnitude
Value4
Dividend3
Growth5
Resilience2
Momentum4
OVERALL SMART SCORE3.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Suncor Energy, Inc. is a strong company with a promising future, according to the Smartkarma Smart Scores. The company scores well in most categories, with a particularly high score in growth. This means that Suncor Energy is expected to continue expanding and increasing its profits in the long term.

Additionally, Suncor Energy scores well in value and momentum, indicating that the company is currently undervalued and has positive momentum in the market. However, the company’s resilience score is lower, suggesting that it may not be as stable as some of its competitors.

Overall, based on the Smartkarma Smart Scores, Suncor Energy has a positive long-term outlook and is a strong player in the energy industry. With its focus on developing the Athabasca oil sands basin and its diverse range of operations, Suncor Energy is well-positioned for future success.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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