Suncor Energy Releases 2024 Transparency Report

Suncor Energy ( (TSE:SU) ) just unveiled an update.

Suncor Energy Inc. has released its Extractive Sector Transparency Measures Act Report for the fiscal year from January 1, 2024, to December 31, 2024. The report, certified by CFO Kris Smith, confirms the company’s compliance with transparency regulations in the mining, oil, and gas industries, reflecting Suncor’s commitment to maintaining accurate and complete financial disclosures.

The most recent analyst rating on (TSE:SU) stock is a Buy with a C$60.00 price target. To see the full list of analyst forecasts on Suncor Energy stock, see the TSE:SU Stock Forecast page.

Spark’s Take on TSE:SU Stock

According to Spark, TipRanks’ AI Analyst, TSE:SU is a Outperform.

Suncor Energy’s overall stock score is boosted by its robust financial performance and attractive valuation, supported by strong earnings call insights. Key strengths include its high profitability, effective cash flow management, and strategic efforts to enhance shareholder value. The technical analysis indicates some caution, but the stock’s attractive P/E ratio and dividend yield provide a solid investment case.

To see Spark’s full report on TSE:SU stock, click here.

More about Suncor Energy

Suncor Energy Inc. is a Canadian integrated energy company primarily involved in the extraction and production of oil and gas. The company operates through various partnerships, including Petro-Canada Terra Nova Partnership and Canadian Oil Sands Partnership, focusing on oil sands development and offshore exploration.

Average Trading Volume: 8,456,309

Technical Sentiment Signal: Hold

Current Market Cap: C$60.61B

Learn more about SU stock on TipRanks’ Stock Analysis page.