Core Insights - Suncor Energy reported quarterly earnings of $0.91 per share, exceeding the Zacks Consensus Estimate of $0.86 per share, but down from $1.05 per share a year ago, indicating a 13.3% year-over-year decline [1] - The company achieved revenues of $8.67 billion for the quarter, surpassing the Zacks Consensus Estimate by 3.95%, but down from $9.29 billion year-over-year, reflecting a 6.7% decrease [2] - Suncor Energy has consistently outperformed consensus EPS estimates over the last four quarters, with an earnings surprise of 5.81% this quarter and 8.54% in the previous quarter [1][2] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.64, with projected revenues of $7.83 billion, while the estimate for the current fiscal year is $3.40 on revenues of $33.34 billion [7] - The trend of estimate revisions for Suncor Energy is mixed, leading to a Zacks Rank of 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [6] Industry Context - The Oil and Gas - Integrated - Canadian industry, to which Suncor Energy belongs, is currently ranked in the top 22% of over 250 Zacks industries, indicating a favorable outlook compared to lower-ranked industries [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]

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 ...

Core Points - Suncor Energy held its Annual General Meeting in Calgary, with approximately 70.29% of outstanding common shares represented [1] - The company is Canada's leading integrated energy company, involved in oil sands development, offshore oil production, petroleum refining, and renewable energy investments [3] Shareholder Votes - Eleven board members were elected, with voting percentages for individual directors ranging from 94.68% to 99.19% [5] - KPMG LLP was appointed as Suncor's auditors [5] - Management's approach to executive compensation was approved with 97.06% of shares voting in favor [5] - A resolution to commission a report on the impacts and costs of achieving Net Zero by 2050 was denied, with 98.50% voting against it [5]

In its upcoming report, Suncor Energy (SU) is predicted by Wall Street analysts to post quarterly earnings of $0.86 per share, reflecting a decline of 18.1% compared to the same period last year. Revenues are forecasted to be $8.34 billion, representing a year-over-year decrease of 10.2%.Over the last 30 days, there has been a downward revision of 4.5% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initia ...

Suncor Energy Inc. (SU) is set to report first-quarter 2025 earnings on May 6, after the closing bell. The Zacks Consensus Estimate for earnings is pegged at 86 cents per share and the same for revenues is pinned at $8.34 billion.Let us delve into the factors that might have influenced SU’s performance in the to-be-reported quarter. Before that, it is worth taking a look at the company’s performance in the last reported quarter.Highlights of SU’s Q4 Earnings & Surprise HistoryIn the previous reported quarte ...

Core Viewpoint - Suncor Energy Inc. (SU) is a major integrated energy company with a diversified business model, facing recent challenges in stock performance but showing potential for long-term growth in the energy sector [1][6]. Group 1: Company Overview - Suncor Energy operates through three main segments: Oil Sands, Exploration and Production, and Refining and Marketing [1][2]. - The company has a strong market position in Canada, the United States, and internationally, having been founded in 1917 and headquartered in Calgary, Canada [1]. Group 2: Recent Performance - In the last three months, SU's share price declined by 13.6%, which was less severe than the sub-industry's decrease of 17.6% [2]. - SU achieved record operational performance in 2024, with upstream output reaching 827,600 bbl/d and 98% refinery utilization [7]. - The company generated C$7.4 billion in free funds flow, flat year over year, demonstrating strong cost control and operational leverage [8]. Group 3: Strengths - SU holds significant proved and probable reserves in the oil sands, ensuring stable production for decades [9]. - The company exceeded all 2024 targets under its three-year plan, including breakeven cost reduction goals and production growth [10]. - Improvements in legacy assets like Syncrude and the Base Plant have enhanced operational stability and reduced per-barrel costs [8]. Group 4: Challenges - Suncor's fourth-quarter revenues dropped by 11.6% year over year due to weaker crude prices and refining margins [11]. - The company is heavily reliant on oil sands, which are subject to regulatory scrutiny and ESG concerns [13]. - Earnings remain sensitive to commodity price fluctuations, and prolonged low prices could weaken free cash flow [13][16]. Group 5: Investment Considerations - Given the mix of operational strengths and potential challenges, a hold strategy may be advisable for investors, waiting for a more opportune entry point before adding SU stock to their portfolios [16].

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Suncor Energy (SU) , which belongs to the Zacks Oil and Gas - Integrated - Canadian industry.This energy company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 15.63%.For the last reported quarter, Suncor Energy came out with earn ...

- Embraces Industry 5.0 with open, agile and resilient industrial processes integrating automation, energy management and digital technologies - Demonstrates an integrated approach showcasing how its solutions are shaping industry by connecting ecosystems- Enables manufacturers to be more competitive with AI-infused solutions for enhanced efficiency and innovation Hannover, Germany, March 31, 2025 (GLOBE NEWSWIRE) -- Schneider Electric, a leader in energy management and automation, will showcase its advance ...

Group 1: Company Overview - Suncor Energy is a major player in the Oil & Gas industry, based in Alberta, and is one of Canada's largest oil producers [1] - The company is known for its operations in the Athabasca oil sands, which is among the largest oil reserves globally [1] Group 2: Investment Focus - The analysis emphasizes a focus on undervalued and disliked companies or industries with strong fundamentals and good cash flows [1] - There is a particular interest in sectors such as Oil & Gas and consumer goods, especially those that have been overlooked for unjustified reasons [1] Group 3: Investment Strategy - The investment strategy leans towards long-term value investing, while also considering potential deal arbitrage opportunities [1] - The analysis expresses a preference for businesses that are easily understandable, avoiding high-tech and certain consumer goods sectors [1]

Core Insights - Schneider Electric and ETAP have launched a digital twin technology that simulates the power requirements of AI factories, enhancing energy efficiency and predictive maintenance [1][4][5] - The collaboration integrates ETAP's electrical digital twin technology with NVIDIA Omniverse™ Cloud APIs, allowing for comprehensive modeling of electrical systems [2][3] - This innovation addresses the increasing power consumption driven by AI workloads, necessitating a rethinking of data center design and management [2][3] Group 1: Technology and Innovation - The digital twin provides advanced insights into electrical systems, enabling operators to optimize energy efficiency and reduce total cost of ownership [1][13] - ETAP's modeling technology creates a virtual replica of electrical infrastructure, combining real-time data and advanced analytics for improved power management [2][3] - The "Grid to Chip" approach enhances precision in modeling dynamic load behavior, crucial for optimizing energy efficiency in data centers [3] Group 2: Industry Impact - The collaboration aims to transform data center operations, improving grid reliability and performance while addressing the challenges of AI workloads [4][5] - As AI adoption accelerates, the need for efficient power management becomes critical for startups, enterprises, and data center operators [2][5] - The partnership signifies a shift in how data centers can be designed and managed, integrating electrical engineering with advanced virtualization and AI technologies [5]