- Suncor’s adjusted operating earnings per share (EPS) for the fourth quarter exceeded expectations, coming in at C$1.25 compared to the estimated C$1.17.
- The reported EPS for the quarter was C$0.65.
- Adjusted funds from operations (AFFO) were recorded at C$3.49 billion.
- Cash flow from operations significantly surpassed projections, reaching C$5.08 billion against the estimated C$3.4 billion.
- Upstream production was reported at 875,000 barrels per day.
- Refinery throughput slightly exceeded expectations at 486,200 barrels per day compared to the estimated 483,940 barrels per day.
- Refinery utilization was at 104%, marginally higher than the estimated 103.8%.
- Analyst recommendations include 13 buy ratings and 9 hold ratings, with no sell ratings.
A look at Suncor Energy Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.8 |
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
Based on the Smartkarma Smart Scores, Suncor Energy is positioned favorably for long-term growth. With strong scores in Value, Dividend, Growth, and Momentum, the company shows promise in its financial performance and market positioning. Suncor Energy‘s high Growth score reflects its potential for expansion and development within the energy sector, while its solid Dividend score indicates a stable return for investors. Although the Resilience score is lower, Suncor Energy‘s overall outlook remains positive due to its robust performance in key areas.
Suncor Energy, Inc. is an integrated energy company with a focus on the Athabasca oil sands basin. The company engages in various operations such as extracting and upgrading oil sands, refining crude oil, exploring and producing natural gas, and marketing petroleum products. Suncor Energy also operates crude oil pipelines and retail petroleum stations, showcasing a diverse portfolio within the energy industry. With its strong Smartkarma Smart Scores in Value, Dividend, Growth, and Momentum, Suncor Energy appears well-positioned for long-term success and sustainability.
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
