Goldman Sachs Maintains Buy on Suncor Energy, Raises Price Target to $45
$SU
Integrated oil Companies
Energy
Goldman Sachs analyst Neil Mehta maintains Suncor Energy (NYSE:SU) with a Buy and raises the price target from $38 to $45.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/7/2024 | Hold → Buy | TD Securities | |
| 8/7/2024 | Market Perform → Outperform | BMO Capital Markets | |
| 7/18/2024 | $68.00 | Outperform | Wolfe Research |
| 9/28/2023 | Buy → Hold | TD Securities | |
| 9/18/2023 | Buy → Hold | Desjardins | |
| 8/23/2023 | Equal Weight → Overweight | Wells Fargo | |
| 7/13/2023 | Outperform → Market Perform | BMO Capital Markets | |
| 7/12/2023 | Buy | UBS |
Calgary, Alberta--(Newsfile Corp. - October 22, 2024) - Suncor Energy (TSX:SU) (NYSE:SU) will release its third quarter financial results on November 12, 2024 before 5:00 p.m. MT (7:00 p.m. ET).A webcast to review the third quarter will be held on November 13, 2024 at 7:30 a.m. MT (9:30 a.m. ET). Representing management will be Rich Kruger, President and Chief Executive Officer and Kris Smith, Chief Financial Officer. A question and answer period with analysts will follow brief remarks from management. Troy Little, Senior Vice President, External Affairs will host the call.To listen to the webcast, please join here.If you are an analyst and would like to participate in the Q&A period, please
Calgary, Alberta--(Newsfile Corp. - October 3, 2024) - Suncor Energy Inc. (TSX:SU) (NYSE:SU) ("Suncor") announced today the total consideration payable in connection with its previously announced tender offers (the "Tender Offers") to purchase for cash: (i) up to C$1,000,000,000 aggregate principal amount (the "Pool 1 Maximum Amount"), of its 6.50% Notes due 2038 and 6.80% Notes due 2038 (collectively, the "Pool 1 Notes") and (ii) up to C$100,000,000 aggregate principal amount (the "Pool 2 Maximum Amount" and, together with the Pool 1 Maximum Amount, the "Maximum Amounts"), of its 3.10% Series 6 Medium Term Notes due 2029, 3.00% Series 5 Medium Term Notes due 2026, 6.00% Notes due 2042, 5.35
Calgary, Alberta--(Newsfile Corp. - October 3, 2024) - Suncor Energy Inc. (TSX:SU) (NYSE:SU) ("Suncor") announced today the early tender results for its tender offers to purchase for cash certain of its outstanding series of notes (the "Tender Offers").Suncor also announced that it has increased the previously announced Pool 1 Maximum Amount (as defined below) from C$700,000,000 aggregate purchase price, excluding accrued and unpaid interest, to C$1,000,000,000 aggregate principal amount and the Pool 2 Maximum Amount (as defined below) from C$100,000,000 aggregate purchase price, excluding accrued and unpaid interest, to C$100,000,000 aggregate principal amount. Details of the Tender Offers
SC 13G/A - SUNCOR ENERGY INC (0000311337) (Subject)
SC 13G - SUNCOR ENERGY INC (0000311337) (Subject)
BMO Capital Markets upgraded Suncor Energy from Market Perform to Outperform
TD Securities upgraded Suncor Energy from Hold to Buy
Wolfe Research resumed coverage of Suncor Energy with a rating of Outperform and set a new price target of $68.00
On CNBC's “Mad Money Lightning Round,” Jim Cramer said Salesforce, Inc. (NYSE:CRM) has been a huge winner and recommended holding the stock. “It does have trouble getting traction,” he added. Salesforce reportedly cut around 300 roles to streamline operations, highlighting the tech industry's ongoing focus on cost control. ADMA Biologics, Inc. (NASDAQ:ADMA) has been a rocket, Cramer said. “If I were you, I would take some off the table.” On May 9, ADMA Biologics reported better-than-expected first-quarter financial results and issued strong FY24 and FY25 revenue guidance. When asked about Ouster, Inc. (NYSE:OUST), he said, “I would actually take some off the table. It's another p
Wolfe Research analyst Doug Leggate reinstates Suncor Energy (NYSE:SU) with a Outperform.
Partnerships with Canadian Olympic Committee and Canadian Paralympic Committee extended for the next four GamesFACE™ program has supported more than 3,500 athletes and coaches with $14 millionPetro-Canada's 2024 Olympic and Paralympic Games campaign launches Calgary, Alberta--(Newsfile Corp. - July 16, 2024) - Petro-Canada, a Suncor Energy (TSX:SU) (NYSE:SU) business, is extending its longstanding partnerships with the Canadian Olympic Committee and the Canadian Paralympic Committee, which will ensure ongoing support of Canadian athletes, coaches and athletes' families for another eight years. The support continues Petro-Canada's recognition as a National Partner of the Canadian Olympic Comm
Calgary, Alberta--(Newsfile Corp. - March 24, 2023) - Suncor Energy (TSX:SU) (NYSE:SU) today announced the appointment of Daniel (Dan) Romasko to the company's Board of Directors. Mr. Romasko's appointment is pursuant to the cooperation agreement with Elliott Investment Management dated July 16, 2022 as amended, and is effective March 23, 2023."I'm pleased to welcome Dan to the Suncor board," said Board Chair Michael Wilson. "He brings with him significant energy and refining leadership experience, including experience more than a decade ago as an executive in Suncor's oil sands business. Dan's valuable expertise will complement our board skills and we're looking forward to working with him.
Alister Cowan, Chief Financial Officer, to retire at the end of the yearKris Smith to become Chief Financial Officer and Executive Vice President of Corporate Development Calgary, Alberta--(Newsfile Corp. - February 21, 2023) - Suncor (TSX:SU) (NYSE:SU) today announced that its board of directors has unanimously selected Rich Kruger to be the company's next President and Chief Executive Officer, effective April 3, 2023. Mr. Kruger will also join the Suncor Board of Directors. The announcement follows a rigorous global search process conducted by a special committee of the Board. The committee undertook an extensive evaluation of a number of highly qualified candidates with the support of an
6-K - SUNCOR ENERGY INC (0000311337) (Filer)
6-K - SUNCOR ENERGY INC (0000311337) (Filer)
6-K - SUNCOR ENERGY INC (0000311337) (Filer)
Calgary, Alberta--(Newsfile Corp. - October 22, 2024) - Suncor Energy (TSX:SU) (NYSE:SU) will release its third quarter financial results on November 12, 2024 before 5:00 p.m. MT (7:00 p.m. ET).A webcast to review the third quarter will be held on November 13, 2024 at 7:30 a.m. MT (9:30 a.m. ET). Representing management will be Rich Kruger, President and Chief Executive Officer and Kris Smith, Chief Financial Officer. A question and answer period with analysts will follow brief remarks from management. Troy Little, Senior Vice President, External Affairs will host the call.To listen to the webcast, please join here.If you are an analyst and would like to participate in the Q&A period, please
Unless otherwise noted, all financial figures are unaudited, presented in Canadian dollars (Cdn$), and derived from the company's condensed consolidated financial statements which are based on Canadian generally accepted accounting principles (GAAP), specifically International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB), and are prepared in accordance with International Accounting Standard (IAS) 34 Interim Financial Reporting. Production volumes are presented on a working-interest basis, before royalties, except for production values from the company's Libya operations, which are presented on an economic basis. Certain financial measu
All financial figures are in Canadian dollars.Calgary, Alberta--(Newsfile Corp. - August 6, 2024) - Suncor Energy's (TSX:SU) (NYSE:SU) Board of Directors has approved a quarterly dividend of $0.545 per share on its common shares, payable September 25, 2024 to shareholders of record at the close of business on September 4, 2024.Suncor Energy is Canada's leading integrated energy company. Suncor's operations include oil sands development, production and upgrading; offshore oil production; petroleum refining in Canada and the U.S.; and the company's Petro-CanadaTM retail and wholesale distribution networks (including Canada's Electric HighwayTM, a coast-to-coast network of fast-charging EV stat