SU
Suncor Energy Inc.
SU's fundamentals are mixed: revenue grew 19%, but its operating margin fell 4 points to 28%. Its PE isn't a useful guide right now because of how its recent earnings were reported.
SU Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
SU's revenue, profitability, cash flow and balance sheet are all currently strong.
SU PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 7.8x | $41.37 | -40% |
| Fair | 11x | $59.08 | -15% |
| Current | 13x | $69.29 | — |
| Expensive | 18x | $93.20 | +35% |
Historical ranges are pointers, not guarantees.
SU's PE is 13x, but its earnings don't support one, so it isn't a reliable read right now.
SU Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for SU, with profitability improving.
SU Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $5.28 | +66% |
| Q1 2026 | $3.71 | +9.4% |
| Q4 2025 | $3.42 | +3.3% |
| Q3 2025 | $3.01 | -31% |
| Q2 2025 | $3.18 | -23% |
| Q1 2025 | $3.39 | -20% |
| Q4 2024 | $3.31 | -26% |
| Q3 2024 | $4.39 | +0.9% |
SU earned $5.28 per share over the past year, up 66% from the year before.
SU Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $13.4B | +59% |
| Q1 2026 | $10.8B | +25% |
| Q4 2025 | $8.5B | -3.9% |
| Q3 2025 | $8.8B | -2.6% |
| Q2 2025 | $8.4B | -7% |
| Q1 2025 | $8.7B | -0.5% |
| Q4 2024 | $8.8B | -2.2% |
| Q3 2024 | $9.1B | +1.9% |
SU's revenue has picked up after three years of holding roughly level: $13.4B last quarter, up 59% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 28% | +0.6 points |
| Q1 2026 | 19% | -15 points |
| Q4 2025 | 32% | +1.3 points |
| Q3 2025 | 34% | -1 points |
| Q2 2025 | 27% | -5 points |
| Q1 2025 | 34% | +0.5 points |
| Q4 2024 | 30% | +0.7 points |
| Q3 2024 | 35% | +0.4 points |
SU's operating margin was 28% last quarter, up 0.6 points from the same quarter a year ago.
SU Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $3B | +256% |
| Q1 2026 | $926.6M | +30% |
| Q4 2025 | $1.7B | -32% |
| Q3 2025 | $1.6B | -15% |
| Q2 2025 | $851.4M | -32% |
| Q1 2025 | $710.8M | -32% |
| Q4 2024 | $2.5B | +27% |
| Q3 2024 | $1.9B | +3.8% |
SU generated $7.3B in free cash flow over the past year, up 22% from the year before.
SU Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.8% | -10M shares |
| 1 year | -3.8% | -47M shares |
| 3 years | -10% | -131M shares |
| 5 years | -22% | -324M shares |
| Available history | -24% | -375M shares |
SU has 1.2B diluted shares, down 3.8% from a year ago, with $2.4B in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q2 2026 | $738.2M |
| Q1 2026 | $580M |
| Q4 2025 | $583.7M |
| Q3 2025 | $527.3M |
| Q2 2025 | $527.3M |
| Q1 2025 | $561M |
| Q4 2024 | $703M |
| Q3 2024 | $555.4M |
SU spent $2.4B buying back its own shares over the past year, up 3.5% from the year before.
SU Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 0.5x | Very low |
| Q1 2026 | 0.7x | Very low |
| Q4 2025 | 0.9x | Very low |
| Q3 2025 | 0.8x | Very low |
| Q2 2025 | 0.8x | Very low |
| Q1 2025 | 0.7x | Very low |
| Q4 2024 | 0.7x | Very low |
| Q3 2024 | 0.7x | Very low |
SU's net debt is less than a year of its operating earnings (EBITDA).
SU Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 52.9 | Neutral |
| Stochastic | 60.9 | Neutral |
SU's weekly RSI is 53 (neutral) and its Stochastic is 61 (neutral).
SU PE vs Energy Sector
| Metric | SU | Sector median | Relative |
|---|---|---|---|
| PE | 13x | 13x | Same PE |
| PE % | 65 | 61 | 4 pts above |
SU is trading at 13x earnings, in line with the Energy sector's median of 13x, though its earnings don't support one.
SU Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $73.1 | 5.2% below |
| 20 week MA | $68.0 | 1.9% above |
| 50 week MA | $61.4 | 13% above |
| 100 week MA | $50.0 | 39% above |
| 200 week MA | $42.3 | 64% above |
SU's trend is up, with a small recent dip: it's below only its 8-week average, and 64% above its 200-week average.
SU Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $32.6 | $17.1 | -48% |
| 2021 | $17.1 | $24.5 | +43% |
| 2022 | $24.5 | $31.5 | +29% |
| 2023 | $31.5 | $32.0 | +1.7% |
| 2024 | $32.0 | $35.3 | +10% |
| 2025 | $35.3 | $43.1 | +22% |
| 2026 YTD | $43.1 | $69.3 | +61% |
SU has finished higher in five of the last six years. It's up 61% so far in 2026.