Earnings Alerts

Suncor Energy (SU) Earnings Surpass Expectations with Strong 2Q Adjusted Operating EPS






Suncor 2Q Highlights

  • Adjusted operating EPS: C$1.27 (Estimate: C$1.09)
  • Earnings per share (EPS): C$1.22
  • Adjusted funds from operations (AFFO): C$3.40 billion
  • Cash flow from operations: C$3.83 billion (Estimate: C$3.12 billion)
  • Upstream production: 770,600 barrels per day
  • Refinery throughput: 430,500 barrels per day (Estimate: 397,576 barrels per day)
  • Refinery utilization: 92% (Estimate: 83.8%)
  • Analyst ratings: 10 buys, 12 holds, 0 sells



A look at Suncor Energy Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth5
Resilience2
Momentum4
OVERALL SMART SCORE3.8

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 well-positioned for long-term success with solid ratings across key factors. With a high Growth score of 5, the company is expected to expand and improve its performance over time. Additionally, Suncor Energy received strong scores in Value and Dividend, indicating good potential for returns and consistent payouts to investors. These factors suggest a positive outlook for the company’s financial health and shareholder returns.

However, Suncor Energy did receive a lower score in Resilience, which may indicate some vulnerability to economic challenges or industry fluctuations. Despite this, the company’s overall momentum score of 4 shows positive market sentiment and potential for growth. In summary, Suncor Energy, Inc. is a well-established integrated energy company with a focus on the Athabasca oil sands basin, positioning it for growth and profitability in the long term based on its Smartkarma Smart Scores.


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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