Business Description
Suncor Energy Inc. operates as a fully integrated energy enterprise. Its primary focus involves the development of hydrocarbon resources, particularly within Canada's Athabasca oil sands region. Globally, the company undertakes the exploration, acquisition, development, production, transportation, refining, and marketing of crude oil. Domestically, it distributes petroleum and petrochemical products, predominantly under the Petro-Canada brand. Suncor's operations are divided into several key segments: The Oil Sands division extracts bitumen through both mining and in-situ techniques, converting it into refinery feedstock and diesel, or blending it for direct market sale. The Exploration and Production segment manages offshore assets off Canada's East Coast and in the North Sea, in addition to onshore properties in Libya and Syria. The Refining and Marketing segment processes crude oil and intermediate feedstocks into a variety of petroleum and petrochemical goods, which are then sold to retail, commercial, and industrial customers via its network of distributors. The Corporate and Eliminations segment also oversees the operation of four wind farms situated in Ontario and Western Canada. Beyond these core activities, Suncor is also engaged in the trading and marketing of crude oil, natural gas, various byproducts, refined products, and electricity. Established in 1917, the company was initially known as Suncor Inc. before officially changing its name to Suncor Energy Inc. in April 1997. Its corporate headquarters are located in Calgary, Canada.
Business History
Price History (1 Year)
Revenue & Net Income Trend
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
EPS (Diluted): 4.85
Total Equity: $45.09B
Shares: 1,220,000,000
Total Debt: $14.49B
Cash: $3.65B
EBITDA: $16.18B
Total Debt: $14.49B
Cash: $3.65B
Revenue: $48.91B
Revenue: $48.91B
Revenue: $48.91B
Total Equity: $45.09B
Tax Rate: 25.5%
Equity: $45.09B
Total Debt: $14.49B
Cash: $3.65B
Current Liabilities: $10.20B
Long-Term Debt: $12.88B
Total Debt: $14.49B
Total Equity: $45.09B
Shares: 1,220,000,000
Shares: 1,220,000,000
CapEx: -$5.85B
Shares: 1,220,000,000
Stock Price: $53.90
Net Income: $5.92B
Industry Benchmarks
Deep Analysis
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Income Statement (Annual)
Last updated: Jun 21, 2026 6:37pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $39.1B | $58.3B | $49.1B | $50.7B | $48.9B |
| Cost of Revenue | $15.3B | $22.4B | $20.0B | $21.0B | $20.0B |
| Gross Profit | $23.9B | $35.9B | $29.1B | $29.7B | $28.9B |
| Operating Expenses | $11.3B | $12.9B | $13.2B | $13.2B | $13.4B |
| Operating Income | $12.6B | $23.0B | $15.9B | $16.6B | $15.5B |
| Net Income | $4.1B | $9.1B | $8.3B | $6.0B | $5.9B |
| EBITDA | $12.0B | $22.4B | $15.9B | $16.3B | $16.2B |
| EPS | $2.77 | $6.54 | $6.34 | $4.72 | $4.85 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 21, 2026 6:37pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $2.2B | $2.0B | $1.7B | $3.5B | $3.6B |
| Total Current Assets | $11.0B | $14.5B | $13.8B | $14.3B | $14.2B |
| Total Assets | $83.7B | $84.6B | $88.5B | $89.8B | $89.8B |
| Current Liabilities | $10.4B | $12.9B | $9.6B | $10.7B | $10.2B |
| Long-Term Debt | $14.4B | $10.2B | $11.5B | $9.3B | $12.9B |
| Total Liabilities | $47.1B | $45.3B | $45.3B | $45.3B | $44.8B |
| Total Equity | $36.6B | $39.4B | $43.3B | $44.5B | $45.1B |
| Retained Earnings | $11.5B | $15.6B | $20.0B | $21.7B | $23.2B |
Cash Flow (Annual)
Last updated: Jun 21, 2026 6:37pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $11.8B | $15.7B | $12.3B | $16.0B | $12.8B |
| Capital Expenditure | -$4.6B | -$5.1B | -$5.8B | -$6.5B | -$5.9B |
| Free Cash Flow | $7.2B | $10.6B | $6.5B | $9.5B | $6.9B |
| Acquisitions (net) | $335.0M | $315.0M | -$2.4B | $51.0M | $65.9M |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | -$2.3B | -$5.1B | -$2.2B | -$2.9B | -$3.1B |
| Net Change in Cash | $320.0M | -$225.0M | -$251.0M | $1.8B | $325.1M |
Analyst Estimates (Annual)
Last updated: Jun 27, 2026 2:04am (6h ago)| Metric | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|
| Revenue |
$53.5B $47.1B – $58.9B
|
$54.7B $47.7B – $59.3B
|
$54.8B $47.9B – $59.4B
|
$54.9B $48.0B – $59.6B
|
| EBITDA |
$17.9B $15.7B – $19.6B
|
$18.2B $15.9B – $19.8B
|
$18.3B $16.0B – $19.8B
|
$18.3B $16.0B – $19.9B
|
| Net Income |
$9.1B $7.2B – $11.1B
|
$12.2B $6.3B – $13.9B
|
$9.8B $8.1B – $10.8B
|
$10.4B $8.7B – $11.5B
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 21, 2026 6:37pm (5d ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +49.1% | -15.8% | +3.3% | -3.5% |
| Gross Profit Growth | +50.4% | -18.9% | +2.2% | -2.8% |
| Operating Income Growth | +83.0% | -30.8% | +4.1% | -6.4% |
| Net Income Growth | +120.4% | -8.6% | -27.5% | -1.6% |
| EBITDA Growth | +87.0% | -29.3% | +3.1% | -1.0% |
Dividend History (Last 20)
Last updated: Jun 21, 2026 6:37pm (5d ago)| Date | Dividend | Declaration | Record | Payment |
|---|---|---|---|---|
| 2026-06-04 | $0.43 | 2026-05-05 | 2026-06-04 | 2026-06-25 |
| 2026-03-04 | $0.44 | 2026-02-03 | 2026-03-04 | 2026-03-25 |
| 2025-12-03 | $0.43 | 2025-11-04 | 2025-12-03 | 2025-12-24 |
| 2025-09-04 | $0.41 | 2025-08-05 | 2025-09-04 | 2025-09-25 |
| 2025-06-04 | $0.41 | 2025-05-06 | 2025-06-04 | 2025-06-25 |
| 2025-03-04 | $0.39 | 2025-02-05 | 2025-03-04 | 2025-03-25 |
| 2024-12-03 | $0.41 | 2024-11-12 | 2024-12-03 | 2024-12-24 |
| 2024-09-04 | $0.40 | 2024-08-06 | 2024-09-04 | 2024-09-25 |
| 2024-06-04 | $0.40 | 2024-05-07 | 2024-06-04 | 2024-06-25 |
| 2024-03-01 | $0.40 | 2024-02-21 | 2024-03-04 | 2024-03-25 |
| 2023-11-30 | $0.40 | 2023-11-14 | 2023-12-01 | 2023-12-22 |
| 2023-08-31 | $0.38 | 2023-08-14 | 2023-09-01 | 2023-09-25 |
| 2023-06-02 | $0.39 | 2023-05-08 | 2023-06-05 | 2023-06-26 |
| 2023-03-02 | $0.38 | 2023-02-14 | 2023-03-03 | 2023-03-24 |
| 2022-12-01 | $0.38 | 2022-11-16 | 2022-12-02 | 2022-12-23 |
| 2022-09-01 | $0.37 | 2022-08-04 | 2022-09-02 | 2022-09-26 |
| 2022-06-02 | $0.37 | 2022-05-11 | 2022-06-03 | 2022-06-24 |
| 2022-03-03 | $0.33 | 2022-02-02 | 2022-03-04 | 2022-03-25 |
| 2021-12-02 | $0.33 | 2021-10-27 | 2021-12-03 | 2021-12-24 |
| 2021-09-02 | $0.17 | 2021-07-28 | 2021-09-03 | 2021-09-24 |
Narrative Economics
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