Suncor Energy (SU) Q1 Earnings and Revenues Beat Estimates
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 07 2025
0mins
Source: NASDAQ.COM
Earnings Performance: Suncor Energy reported quarterly earnings of $0.91 per share, exceeding expectations and showing a slight decline from last year's $1.05 per share. The company also surpassed revenue estimates with $8.67 billion for the quarter.
Market Outlook: Despite outperforming the market this year, Suncor's stock has a Zacks Rank #3 (Hold), indicating it is expected to perform in line with the market. Future performance will depend on management's commentary and revisions to earnings estimates.
Analyst Views on SU
Wall Street analysts forecast SU stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for SU is 49.83 USD with a low forecast of 41.06 USD and a high forecast of 70.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Analyst Rating
7 Buy
4 Hold
0 Sell
Moderate Buy
Current: 49.870
Low
41.06
Averages
49.83
High
70.00
Current: 49.870
Low
41.06
Averages
49.83
High
70.00
About SU
Suncor Energy Inc. is a Canada-based integrated energy company. The Company's segments include Oil Sands, Exploration and Production (E&P), and Refining and Marketing. Its operations include oil sands development, production and upgrading; offshore oil production; petroleum refining in Canada and the United States; and the Company’s Petro-Canada retail and wholesale distribution networks (including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicle (EV) stations). The Company is developing petroleum resources while advancing the transition to a lower-emissions future through investments in lower-emissions intensity power, renewable feedstock fuels and projects targeting emissions intensity. The Company also conducts energy trading activities focused primarily on the marketing and trading of crude oil, natural gas, byproducts, refined products and power. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
