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Louisbourg Investments Inc. lowered its position in Suncor Energy Inc. (NYSE:SU – Free Report) (TSE:SU) by 9.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 216,617 shares of the oil and gas producer’s stock after selling 21,476 shares during the period. Suncor Energy accounts for 2.5% of Louisbourg Investments Inc.’s portfolio, making the stock its 7th largest holding. Louisbourg Investments Inc.’s holdings in Suncor Energy were worth $14,733,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Valeo Financial Advisors LLC lifted its stake in Suncor Energy by 1.6% in the third quarter. Valeo Financial Advisors LLC now owns 10,239 shares of the oil and gas producer’s stock valued at $695,000 after acquiring an additional 166 shares during the last quarter. Formidable Asset Management LLC grew its position in Suncor Energy by 1.1% in the first quarter. Formidable Asset Management LLC now owns 16,004 shares of the oil and gas producer’s stock worth $1,058,000 after acquiring an additional 171 shares in the last quarter. Mitchell & Pahl Private Wealth LLC grew its position in Suncor Energy by 0.8% in the first quarter. Mitchell & Pahl Private Wealth LLC now owns 24,278 shares of the oil and gas producer’s stock worth $1,605,000 after acquiring an additional 190 shares in the last quarter. Sage Investment Counsel LLC grew its position in Suncor Energy by 2.4% in the first quarter. Sage Investment Counsel LLC now owns 8,600 shares of the oil and gas producer’s stock worth $569,000 after acquiring an additional 200 shares in the last quarter. Finally, HB Wealth Management LLC increased its stake in shares of Suncor Energy by 1.1% during the 2nd quarter. HB Wealth Management LLC now owns 18,316 shares of the oil and gas producer’s stock worth $983,000 after purchasing an additional 203 shares during the last quarter. Institutional investors own 67.37% of the company’s stock.

Analyst Ratings Changes
SU has been the topic of a number of recent research reports. Morgan Stanley set a $106.00 price target on shares of Suncor Energy in a report on Wednesday, August 19th. Scotiabank raised shares of Suncor Energy to a “strong-buy” rating in a research note on Friday, June 26th. Wall Street Zen raised shares of Suncor Energy from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Zacks Research upgraded shares of Suncor Energy from a “hold” rating to a “strong-buy” rating in a report on Monday, October 5th. Finally, Weiss Ratings raised shares of Suncor Energy from a “buy (b)” rating to a “buy (a-)” rating in a research report on Thursday, October 8th. Three research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Suncor Energy presently has a consensus rating of “Buy” and an average price target of $79.62.

Get Our Latest Stock Analysis on SU
Suncor Energy Stock Performance
Shares of NYSE SU opened at $78.31 on Wednesday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.08 and a current ratio of 1.65. The firm has a market cap of $91.59 billion, a price-to-earnings ratio of 14.42, a P/E/G ratio of 0.52 and a beta of 0.36. The business’s 50-day simple moving average is $69.19 and its 200-day simple moving average is $64.95. Suncor Energy Inc. has a 52 week low of $37.76 and a 52 week high of $79.75.

Suncor Energy (NYSE:SU – Get Free Report) (TSE:SU) last issued its quarterly earnings data on Tuesday, August 4th. The oil and gas producer reported $2.33 earnings per share for the quarter, beating analysts’ consensus estimates of $2.14 by $0.19. Suncor Energy had a return on equity of 20.05% and a net margin of 15.62%. The business had revenue of $13.41 billion for the quarter, compared to the consensus estimate of $11.68 billion. During the same period last year, the business earned $0.71 EPS. As a group, equities research analysts expect that Suncor Energy Inc. will post 8.12 earnings per share for the current fiscal year.

Suncor Energy Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Friday, September 4th were given a dividend of C$0.60 per share. The ex-dividend date of this dividend was Friday, September 4th. This represents a $2.40 dividend on an annualized basis and a yield of 3.1%. Suncor Energy’s dividend payout ratio is presently 31.86%.

Suncor Energy Company Profile
(Free Report)

Suncor Energy Inc is an integrated energy company headquartered in Calgary, Alberta, Canada. Its operations span the energy value chain, including the development, production, upgrading, refining, and marketing of crude oil and petroleum products.

The company is one of Canada’s major oil sands producers, with interests in mining and in situ oil sands projects. Suncor produces bitumen and synthetic crude oil and also has conventional oil and offshore production interests. Its upstream portfolio includes operated and non-operated assets in Canada.

Through its downstream operations, Suncor refines crude oil into gasoline, diesel, jet fuel, asphalt, and other petroleum products.

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Calgary, Alberta--(Newsfile Corp. - October 20, 2026) - Suncor Energy (TSX: SU) (NYSE: SU) will release its third quarter financial results on November 3, 2026 before 6:00 p.m. ABT (7:00 p.m.

Suncor Energy Inc. (NYSE:SU – Get Free Report) (TSE:SU) shares hit a new 52-week high on Wednesday. The company traded as high as $75.55 and last traded at $75.1790, with a volume of 3,692,044 shares changing hands. The stock had previously closed at $73.51.

Analyst Ratings Changes A number of analysts recently issued reports on the company. Weiss Ratings upgraded Suncor Energy from a “buy (b)” rating to a “buy (a-)” rating in a report on Thursday, October 8th. Scotiabank raised Suncor Energy to a “strong-buy” rating in a research report on Friday, June 26th. Wall Street Zen downgraded Suncor Energy from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 1st. Zacks Research upgraded shares of Suncor Energy from a “hold” rating to a “strong-buy” rating in a report on Monday, October 5th. Finally, Desjardins upgraded shares of Suncor Energy to a “moderate buy” rating in a report on Thursday, July 16th. Three research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $79.62.

Read Our Latest Stock Report on SU

Suncor Energy Stock Down 0.3% The business’s fifty day moving average price is $68.22 and its two-hundred day moving average price is $64.69. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.08 and a current ratio of 1.65. The firm has a market capitalization of $88.50 billion, a P/E ratio of 13.55, a PEG ratio of 0.50 and a beta of 0.36. Suncor Energy (NYSE:SU – Get Free Report) (TSE:SU) last posted its quarterly earnings data on Tuesday, August 4th. The oil and gas producer reported $2.33 EPS for the quarter, topping the consensus estimate of $2.14 by $0.19. Suncor Energy had a net margin of 15.62% and a return on equity of 20.05%. The firm had revenue of $13.41 billion during the quarter, compared to analyst estimates of $11.68 billion. During the same quarter in the previous year, the business posted $0.71 EPS. Equities analysts expect that Suncor Energy Inc. will post 8.12 earnings per share for the current fiscal year.

Suncor Energy Announces Dividend The firm also recently declared a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Friday, September 4th were issued a C$0.60 dividend. This represents a $2.40 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend was Friday, September 4th. Suncor Energy’s dividend payout ratio (DPR) is currently 31.86%.

Institutional Trading of Suncor Energy A number of institutional investors and hedge funds have recently added to or reduced their stakes in SU. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Suncor Energy by 121.4% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 26,085,360 shares of the oil and gas producer’s stock valued at $1,724,954,000 after buying an additional 14,304,131 shares during the period. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of Suncor Energy in the second quarter worth about $816,551,000. The Manufacturers Life Insurance Company purchased a new stake in shares of Suncor Energy in the second quarter worth about $790,952,000. Dimensional Fund Advisors LP grew its holdings in Suncor Energy by 3.4% during the first quarter. Dimensional Fund Advisors LP now owns 12,609,777 shares of the oil and gas producer’s stock worth $833,622,000 after acquiring an additional 411,243 shares during the period. Finally, TD Waterhouse Canada Inc. grew its holdings in Suncor Energy by 2.1% during the second quarter. TD Waterhouse Canada Inc. now owns 11,657,514 shares of the oil and gas producer’s stock worth $625,497,000 after acquiring an additional 239,208 shares during the period. Institutional investors and hedge funds own 67.37% of the company’s stock.

Suncor Energy Company Profile (Get Free Report)

Suncor Energy Inc is an integrated energy company headquartered in Calgary, Alberta. Its operations span the development and production of crude oil from Canada’s oil sands, offshore petroleum production, refining, and the marketing and distribution of petroleum products.

The company produces synthetic crude oil, bitumen and conventional crude oil, which are processed through its refining operations into fuels and other refined products. Suncor markets fuel and convenience products through the Petro-Canada retail network and supplies commercial, wholesale and industrial customers.

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Stock to Watch: Suncor Energy (SU - Free Report) Alberta-based Suncor Energy Inc. traces its Canadian roots to 1917, when Sun Company Inc. began operations in Canada. Suncor Inc. was formed in 1979 through the amalgamation of Sun Oil Company Limited and Great Canadian Oil Sands Limited. The company's operations include oil sands development and upgrading, conventional and offshore crude oil and gas production, petroleum refining, and product marketing. Suncor is one of the largest owners of oil sands in the world. The company has gained new oil sands properties to supplement its existing operations in northern Alberta, making it the dominant producer in the region, where proven reserves are fourth largest in the world.

SU is a #1 (Strong Buy) on the Zacks Rank, with a VGM Score of A.

Momentum investors should take note of this Oils-Energy stock. SU has a Momentum Style Score of B, and shares are up 0.5% over the past four weeks.

For fiscal 2026, two analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.99 to $8.12 per share. SU boasts an average earnings surprise of +8.7%.

With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, SU should be on investors' short list.

Ithaca Energy LON: ITH said it has agreed to acquire Suncor’s offshore Canada assets in a transaction valued at $860 million, marking the company’s first international expansion beyond the U.K. Continental Shelf.

The acquisition includes operatorship of the Terra Nova field and a non-operated interest in the White Rose area offshore Newfoundland and Labrador. The deal has an effective date of July 1, 2026, and is expected to provide Ithaca with a new operating hub, an approximately 400-person regional team and a platform for additional growth in Canada and North America.

Executive Chairman Yaniv Friedman called the agreement a “transformational” transaction, saying it combines near-term production growth, long-life reserves and further development potential in a basin with operating characteristics similar to the U.K. Continental Shelf.

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Production Growth and Resource Base Ithaca expects the assets to contribute average production of about 30,000 barrels of oil equivalent per day between 2027 and 2031, with output expected to peak at between 35,000 and 40,000 barrels per day in 2029 as the West White Rose development ramps up.

The portfolio includes 103 million barrels of estimated 2P reserves and a 17-year reserve-to-production ratio, according to the company. Ithaca also identified approximately 200 million barrels of additional resource potential, including opportunities at Terra Nova and in the broader White Rose area.

The company said West White Rose is expected to achieve first production at the end of the year. CFO Iain Lewis said Ithaca expects to spend about $100 million annually on West White Rose drilling through 2029 as the project reaches its full well count.

Terra Nova’s floating production, storage and offloading vessel, or FPSO, has recently undergone approximately CAD 900 million of gross refurbishment investment, CEO Luciano Vasques said. White Rose’s FPSO has also benefited from recent investment, the company said.

Lewis said the transaction would raise Ithaca’s medium-term production target to between 140,000 and 150,000 barrels per day, compared with expected base production above 120,000 barrels per day prior to the deal.

Further Development Opportunities Management highlighted several potential expansion projects, including the Horst development at Terra Nova, Northern White Rose and the Knights Island and Strong Island prospects. COO Odin Estensen said the Horst opportunity could be among the most immediate candidates for acceleration.

The company said the Terra Nova and White Rose opportunities include infill drilling, field extensions, step-out wells and exploration prospects that could potentially be tied back to existing infrastructure.

Lewis said the company expects approximately $350 million of net investment over the next couple of years associated with the Terra Nova well integrity and investment program, referred to as WISE. He said the program is intended to support the long-term condition and productivity of the field’s wells.

Ithaca also expects to assume pre-tax decommissioning liabilities of less than $1 billion at closing. Lewis said decommissioning is largely related to wells and FPSOs, with limited expected decommissioning activity in the next decade. Further investment and tieback developments could extend the assets’ productive lives, he added.

Financing and Returns Framework The company said it expects to finance the acquisition through existing liquidity and new debt facilities secured against the Canadian assets. Ithaca had $1.9 billion of immediately available liquidity at the end of June, according to Lewis.

Management said it did not intend to issue equity for the transaction, describing the acquisition as within its existing funding capacity. Lewis said the deal would increase leverage from roughly 0.5 times net debt to EBITDAX to approximately 0.8 times on a headline basis, remaining below Ithaca’s stated ceiling of 1.25 times.

The company said the acquisition is expected to be immediately cash flow and dividend accretive. Ithaca’s dividend framework targets distributions of 20% to 35% of post-tax cash flow from operations, although the company said the transaction will not affect 2026 guidance or distributions because it is not expected to close this year.

Ithaca said the transaction exceeds its investment thresholds, including an internal rate of return above 20%, a payback period within four years and a development breakeven around, though marginally above, $50 per barrel on an NPV10 basis.

The $860 million consideration includes a contingent payment mechanism under which Ithaca and Suncor would share 50% of certain oil-price upside above specified thresholds during 2026 through 2028. The contingent payment is capped at $50 million and is calculated after tax and royalties.

Friedman said Ithaca intends to focus on integrating the Canadian business and advancing its identified opportunities, while maintaining its strategy of concentrating on one to three core operating basins rather than pursuing “overly exotic” expansion.

About Ithaca Energy (LON:ITH)Ithaca Energy is a leading UK independent exploration and production company focused on the UK North Sea with a strong track record of material value creation. In recent years, the Company has been focused on growing its portfolio of assets through both organic investment programmes and acquisitions and has seen a period of significant M&A driven growth centred upon two transformational acquisitions. Today, Ithaca Energy is one of the largest independent oil and gas companies in the United Kingdom Continental Shelf (the “UKCS”), with stakes in six of the ten largest fields in the UKCS and two of UKCS's largest pre-development fields.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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What happened Suncor Energy Inc. (NYSE: SU) agreed to sell its Terra Nova, White Rose and West White Rose interests for C$1.2 billion in cash.

The deal also includes up to C$350 million more, tied to future oil prices. At the same time, Suncor raised monthly share repurchases to C$750 million from C$500 million, starting in October 2026.

The release says the transaction took effect July 1, 2026 and is expected to close in early 2027. Ithaca Energy plc will buy Suncor's 48% Terra Nova stake, 40% White Rose stake and 38.6% West White Rose stake.

It will also take on investment commitments and future liabilities, including a C$500 million regulatory well compliance program starting in 2027 at Terra Nova.

The release adds C$1.4 billion of estimated abandonment and lease liabilities. Suncor said it will keep its interests in Hebron and Hibernia.

Key numbers Metric Latest Change Source Offshore asset sale cash C$1.2 billion SEC 6-K news release Contingent payment cap up to C$350 million SEC 6-K news release Monthly share repurchases C$750 million per month from C$500 million per month, +50.0% Calculated from SEC 6-K Regulatory well compliance program C$500 million SEC 6-K news release Abandonment and lease liabilities C$1.4 billion SEC 6-K news release Read more: Suncor Energy (SU) stock analysis and investment case

Why it matters The sale reduces Suncor's offshore exposure and keeps the portfolio focused on assets the company calls a strength.

The higher buyback pace gives Suncor another way to return cash. The sale also removes non-core interests. Ithaca taking on future liabilities shifts more offshore burden away from Suncor.

OptimistFi's case is that Suncor works when long-life Canadian barrels and refining and marketing integration support disciplined capital returns, and this filing supports that view.

Monthly repurchases rise 50.0%, from C$500 million to C$750 million.

That matters because the sale comes with a higher buyback pace, not with new capital spending from Suncor.

The risk is that the deal is not yet closed, and the extra payment depends on future oil prices.

Browse: stock research on every company OptimistFi covers

What's next The next dated milestone in the release is an expected early-2027 closing, subject to customary closing conditions, regulatory approvals and partner consents.

A completed sale would support the case by delivering the cash and the portfolio shift. A delay or failed close would hurt it, because the deal still needs those approvals and consents.

More from OptimistFi SU stock: the Suncor Energy thesis, its status and the next test to watch United States Brent Oil Fund, LP (NYSE Arca: BNO) Tracks a Supply Gap Alpha Teknova, Inc. (NASDAQ: TKNO) Adds Regulatory Support for PluriFreeze Meta Platforms, Inc. (NASDAQ: META) Has a Conditional $18 Billion Bill Stock research on every company OptimistFi covers Latest stock research and investment-case updates OptimistFi: evidence-first equity research Sources Suncor to divest non-core offshore assets and increase shareholder returns — News release dated October 4, 2026 Form 6-K — SEC filing for October 2026 Read the full OptimistFi thesis on Suncor Energy Inc.: https://optimistfi.com/stocks/SU

See what would break the Suncor Energy Inc. thesis and track it live on the OptimistFi Thesis-Break Engine.

Browse every company OptimistFi covers at optimistfi.com/stocks, or read the latest evidence-first research.

The full Suncor Energy Inc. investment case, its status and the next test to watch live on the Suncor Energy Inc. thesis page.

Originally published on OptimistFi, evidence-first equity research. More at optimistfi.com.

The US supreme court began its new nine-month term hearing arguments on Monday in a major case in which big oil companies attempted to strike a fatal blow against lawsuits that seek to hold them accountable for the climate crisis.

After the hearing, while it was not yet clear which way the justices were leaning, the high stakes were underlined.

In Suncor Energy Inc v County Commissioners of Boulder County, local officials in Boulder are suing Suncor Energy and ExxonMobil in state court to force the companies to share a portion of the costs that climate change has imposed on local taxpayers. However, Exxon and Canada-based Suncor are arguing that federal law prevents state courts from hearing Boulder’s climate change lawsuit.

If the supreme court justices side with Boulder or decide that the case is not in their jurisdiction, then it would continue in state court. But if the fossil fuel industry convinces the justices, the decision could apply not only to the Boulder case, but also to dozens of other climate cases brought by state and local governments around the US.

As a result of Justice Samuel Alito’s recusal from the case, there are only five conservative justices weighing in, so Boulder county must potentially only convince one conservative justice to win. However, the justices focused their questions primarily on the merits of the case rather than concentrating on whether the court had jurisdiction to hear it, suggesting they will make a decision on the question of whether federal law pre-empts Boulder’s state climate case.

Dennis Fan, the founder and director of the Appellate Litigation Clinic at Columbia Law School who wrote an amicus brief in the case, said it was too close to call, but he was concerned for the future of the climate cases. “They focused more on the merits,” he said. “That had me much more worried for Boulder.”

Kannon Shanmugam, a lawyer for the fossil fuel companies, told the justices that climate change was a pressing issue, but state cases such as the one filed by Boulder were the wrong way to resolve it, and the issue should be left to lawmakers. He argued that if the cases were heard in state courts, it would allow a high number of lawsuits to be filed. “The breadth of Boulder’s argument is astonishing,” he said.

“The hope of the industry side is that this is going to be the death blow,” said Fan. “The industry is going for the home run, they’re going for the grand slam. They’re thinking, ‘If we win this argument, there will never, ever be climate change litigation again.’”

Boulder officials filed a lawsuit in Colorado court in 2018 arguing that Exxon and Suncor concealed and misrepresented to the public what they knew about the damage that burning fossil fuels would do to the climate, and that they should pay for the resulting costs of disasters. Initially, the firms sought to have the case moved to federal court. Then when the Colorado supreme court allowed Boulder’s case to make its way toward trial in state court, Exxon and Suncor appealed that ruling up to the supreme court arguing it should be dismissed on grounds of federal pre-emption..

Typically, cases must be decided by lower courts before reaching the supreme court, but the justices agreed to hear this case while the state case is ongoing. “That’s an incredibly weird thing to have happen,” Fan said.

The supreme court will consider whether it has proper jurisdiction to hear Boulder’s case right now, and whether federal law pre-empts Boulder’s case from being heard in state court.

Congress has the power to pass federal laws that invalidate state laws, but the question is whether there are any federal laws that invalidate state climate cases. “They’ve had a little bit of difficulty identifying exactly what that source of federal law is,” Fan said. For instance, the fossil fuel companies claim that the federal Clean Air Act pre-empts Boulder’s case from state court, even though the law specifies that “air pollution control at its source is the primary responsibility of states and local governments”.

So the fossil fuel companies in their brief claimed that supreme court decisions from a century ago suggested that federal courts have power to hear environmental cases, even without federal laws on the books, and that these decisions created a “federal common law” governing environmental lawsuits across state lines. They asserted that this federal common law was still in effect and existed in the “structure of the Constitution” even though the federal Clean Air Act has since declared states have primary jurisdiction over local air pollution.

The supreme court has not historically agreed with the argument the oil companies are making, Fan said. He pointed to the tobacco and opioid companies that previously faced state public nuisance cases. “For decades, the tobacco industry tried to get the supreme court and other courts to stop state court litigation from happening against the tobacco industry, and they failed every single time,” he said.

As recently as April, the supreme court decided in Hencely v Fluor Corp that “there is no federal pre-emption [in isolation] without a constitutional text or a federal statute to assert it”.

Climate advocates and wildfire survivors held a rally on Monday morning outside the supreme court in Washington DC.

Daryl McCool, an artist who lost her home when the 2021 Marshall fire destroyed her neighborhood in Boulder county, Colorado, is not involved in the case but planned to attend the rally. The fire was fueled by record warmth and extreme drought that scientists found were intensified by climate change. The fire caused damage estimated at more than $2bn, and a recent report estimated that the climate crisis could cost Colorado up to $37bn by 2050.

“The case itself is meaningful because it affects every single human, every single creature, it affects everyone that is on this earth,” McCool said. “At this point in time, we’re seeing [these companies] … they’re not willing to change, and so they need to be held accountable.”

She hopes Boulder has its day in court so a wider audience can learn how the fossil fuel industry deceived the public. “We’re not going to hear [a decision] for a while, but I do hope that the supreme court says that this case can move forward on the state level,” she said.

The supreme court has six conservative justices and three liberal justices. However, one conservative justice, Alito, recused himself from the case last week. Alito did not give a reason, but his decision came after calls for him to step aside due to stock holdings in fossil fuel companies. He doesn’t own stock in Suncor Energy or ExxonMobil, but does hold stock in ConocoPhillips and Phillips 66, which critics say could indirectly benefit if the court rules in favor of the fossil fuel industry.

The Trump administration has sided with the oil companies and asked for 10 minutes of argument time, which Fan said is typical for supreme court cases that involve federal amicus briefs.

A ruling is expected next summer.

The company said the deal adds scale and diversification in an offshore operating environment similar to the U.K. Continental Shelf and materially enhances its production outlook.

Canada's Suncor Energy (SU.TO) said on Sunday it had agreed to sell its interests ​in three offshore oil assets to London-based Ithaca ‌Energy (ITH.L) for C$1.2 billion ($841.69 million) in upfront cash.

The deal covers Suncor's 48% interest in Terra Nova, 40% stake in White Rose ​and 38.6% interest in West White Rose, and ​includes an additional contingent payment of up to C$350 ⁠million tied to future oil prices.

Ithaca will also ​assume investment commitments and all future liabilities associated with the ​assets, including a C$500 million regulatory well compliance program starting at Terra Nova beginning in 2027 and the estimated abandonment and lease ​liabilities totalling C$1.4 billion, Suncor said.

Ithaca said the acquisition ​marks its first international deal and will establish a presence in ‌offshore ⁠eastern Canada.

The deal is expected to be immediately accretive to Ithaca's adjusted EBITDAX, free cash flow and dividend per share from completion, Ithaca said.

"This transaction further focuses our ​efforts on opportunities ​that generate ⁠the greatest long-term shareholder value," Suncor CEO Rich Kruger said.

Suncor will retain its interests ​in the Hebron and Hibernia offshore projects.

Separately, ​Suncor said ⁠it has increased share repurchases under its normal course issuer bid to C$750 million per month from C$500 million ⁠beginning ​in October.

The transaction is expected to ​close in early 2027, the companies said.

($1 = 1.4257 Canadian dollars)

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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Climate lawsuits are quietly moving through courts across the country, and a looming Supreme Court case could determine whether energy companies or everyday households foot a bill that one analysis puts in the billions.

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American households are already feeling the squeeze from higher energy costs. The U.S. Energy Information Administration reported residential electricity prices were 4.9% higher in July than a year earlier, while the agency’s September Short-Term Energy Outlook shows energy prices remain elevated heading into 2027.

Now another potential cost is emerging — not from an oil shock, power shortage, AI data centers, or hurricane, but from the courtroom.

A new analysis from Heritage Foundation Chief Economist E.J. Antoni and Power The Future founder Daniel Turner estimates climate-related lawsuits and “superfund” laws could eventually cost the average American household another $1,465 annually in energy expenses. That’s not a forecast. It’s a modeled worst-case scenario — but the numbers behind it deserve investors’ attention.

The $194 Billion Bill Has to Go Somewhere The Antoni-Turner analysis examined more than 300 pending lawsuits, three state climate superfund laws, 12 proposed state laws, and one federal bill. Under its “full-success scenario,” the measures could impose approximately $194 billion in additional annual costs on fossil fuel companies.

The authors estimate passing those costs through the energy system could increase gasoline prices by roughly $0.41 per gallon and residential electricity rates by approximately 8.6%. Combined with other energy expenses, they calculate the average household impact at $1,465 annually.

To put that in perspective, that is about $122 per month disappearing from household budgets — money that otherwise could pay for groceries, retirement contributions, or roughly two streaming services after their next inevitable price increases.

Certainly, companies can’t automatically pass every dollar of additional expense to customers. Competitive markets, demand, regulation, and shareholder returns determine who ultimately absorbs a cost. That makes $1,465 better viewed as a scenario estimate than a coming bill.

Forget oil shocks—the next big energy crisis is brewing in the courtroom, and it could cost your household $1,465 every year. The Supreme Court Could Change the Equation There’s another reason investors shouldn’t treat that $1,465 figure as inevitable. On Oct. 5, the Supreme Court is scheduled to hear Suncor Energy v. County Commissioners of Boulder County. Boulder sued Suncor Energy (NYSE:SU | SU Price Prediction) and ExxonMobil (NYSE:XOM), seeking compensation for alleged climate-related damages. The Court will consider whether federal law precludes such state-law claims.

The legal landscape is already fractured. Maryland’s highest court rejected climate suits brought by Baltimore, Annapolis, and Anne Arundel County in March, concluding the claims were preempted by federal law. Conversely, courts in Colorado and Hawaii have allowed similar claims to proceed.

New York’s Climate Change Superfund Act suffered another setback when a federal judge struck it down earlier this month. That law sought $75 billion over 25 years from large fossil fuel companies.

In short, billions of dollars are being sought, but billions have not necessarily been collected.

Why Investors Should Care The investing thesis extends beyond oil producers. If litigation raises the marginal cost of producing fossil fuels, those costs can work through gasoline, natural gas, electricity generation, transportation, and eventually consumer goods.

That potentially creates a strange outcome: lawsuits designed to make fossil-fuel producers bear climate costs could leave consumers and shareholders sharing part of the tab.

For energy investors, therefore, legal exposure deserves a place beside oil prices, production costs, reserves, and capital spending when evaluating companies.

Key Takeaway The headline number is frightening: $1,465 more per household every year. But smart investors should keep the qualifier attached. It represents what Antoni and Turner estimate could happen if the climate litigation and legislation they examined all succeeded — not what households are certain to pay.

The Oct. 5 Supreme Court hearing could provide far more clarity. Regardless of the outcome, investors should recognize the larger lesson: energy companies don’t operate in a vacuum. Taxes, regulations, litigation costs, and court judgments ultimately have to be absorbed somewhere — by producers, shareholders, customers, or some combination of all three.

What investors and consumers both need now is for the Supreme Court to preempt states from superseding federal law, and restore a bit of sanity ot the nation’s courtrooms.

Contact [email protected] for any questions or corrections.

Suncor Energy Inc. (NYSE:SU – Get Free Report) (TSE:SU) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $72.06 and last traded at $71.8510, with a volume of 4237478 shares changing hands. The stock had previously closed at $68.72.

Wall Street Analysts Forecast Growth Several research firms have weighed in on SU. Weiss Ratings upgraded shares of Suncor Energy from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, July 29th. The Goldman Sachs Group downgraded Suncor Energy from a “buy” rating to a “neutral” rating and set a $72.00 target price on the stock. in a research report on Friday, June 5th. Morgan Stanley set a $106.00 price target on Suncor Energy in a research report on Wednesday, August 19th. Wall Street Zen downgraded Suncor Energy from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 1st. Finally, Scotiabank raised Suncor Energy to a “strong-buy” rating in a research report on Friday, June 26th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $80.25.

Read Our Latest Report on SU

Suncor Energy Stock Up 4.6% The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.08 and a current ratio of 1.65. The company’s 50-day moving average price is $65.22 and its 200 day moving average price is $63.19. The stock has a market capitalization of $84.04 billion, a P/E ratio of 13.23, a P/E/G ratio of 0.50 and a beta of 0.30. Suncor Energy (NYSE:SU – Get Free Report) (TSE:SU) last issued its earnings results on Tuesday, August 4th. The oil and gas producer reported $2.33 earnings per share for the quarter, topping the consensus estimate of $2.14 by $0.19. Suncor Energy had a net margin of 15.62% and a return on equity of 20.05%. The company had revenue of $13.41 billion during the quarter, compared to the consensus estimate of $11.68 billion. During the same quarter in the prior year, the firm posted $0.71 EPS. As a group, equities analysts expect that Suncor Energy Inc. will post 7.39 earnings per share for the current year.

Suncor Energy Dividend Announcement The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 4th will be paid a $0.60 dividend. The ex-dividend date of this dividend is Friday, September 4th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 3.3%. Suncor Energy’s dividend payout ratio is 31.86%.

Institutional Trading of Suncor Energy Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Sequoia Financial Advisors LLC lifted its holdings in Suncor Energy by 2.0% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 49,966 shares of the oil and gas producer’s stock worth $2,682,000 after purchasing an additional 1,000 shares in the last quarter. Engineers Gate Manager LP grew its holdings in Suncor Energy by 349.9% during the 2nd quarter. Engineers Gate Manager LP now owns 876,008 shares of the oil and gas producer’s stock valued at $47,024,000 after buying an additional 681,283 shares in the last quarter. Cidel Asset Management Inc. raised its position in shares of Suncor Energy by 170.6% during the second quarter. Cidel Asset Management Inc. now owns 376,897 shares of the oil and gas producer’s stock valued at $20,269,000 after buying an additional 237,609 shares during the last quarter. Integrated Wealth Concepts LLC raised its position in shares of Suncor Energy by 4.2% during the second quarter. Integrated Wealth Concepts LLC now owns 16,523 shares of the oil and gas producer’s stock valued at $887,000 after buying an additional 666 shares during the last quarter. Finally, IFP Advisors Inc raised its position in shares of Suncor Energy by 114.2% during the second quarter. IFP Advisors Inc now owns 6,553 shares of the oil and gas producer’s stock valued at $352,000 after buying an additional 3,494 shares during the last quarter. Institutional investors own 67.37% of the company’s stock.

About Suncor Energy (Get Free Report)

Suncor Energy Inc is an integrated energy company headquartered in Calgary, Alberta, Canada. Its operations include the development, production and upgrading of oil sands resources, conventional oil and natural gas production, and the refining and marketing of petroleum products.

Suncor produces crude oil, synthetic crude oil, refined fuels, lubricants and petrochemical feedstocks. Through its Petro-Canada brand, the company operates retail fuel stations and convenience stores across Canada, while its refining and marketing activities serve customers in Canada and the United States.

Founded in 1919, Suncor has evolved from an oil sands producer into one of Canada’s largest integrated energy companies.

Further Reading Five stocks we like better than Suncor Energy Running on Empty: 3 Energy Plays for Europe’s Deep Freeze 3 Healthcare Stocks for 3 Stages of Life Curaleaf Tries To Roll Up Aurora In a Hostile Cannabis Bid MarketBeat’s Most Downgraded Stocks in Q3: 2 Look Cheap, 1 Looks Risky Receive News & Ratings for Suncor Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Suncor Energy and related companies with MarketBeat.com's FREE daily email newsletter.

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.

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Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks.

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Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy.

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Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: Suncor Energy (SU - Free Report) Founded in 1917, Alberta-based Suncor Energy Inc. is Canada's premier integrated energy company. The company's operations include oil sands development and upgrading, conventional and offshore crude oil and gas production, petroleum refining, and product marketing. Suncor is one of the largest owners of oil sands in the world. The company has gained new oil sands properties to supplement its existing operations in northern Alberta, making it the dominant producer in the regionwhere proven reserves are fourth largest in the world.

SU is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.

It also boasts a Value Style Score of A thanks to attractive valuation metrics like a forward P/E ratio of 9.32; value investors should take notice.

Three analysts revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $1.77 to $7.39 per share. SU boasts an average earnings surprise of +8.7%.

With a solid Zacks Rank and top-tier Value and VGM Style Scores, SU should be on investors' short list.

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.

The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.

It also includes access to the Zacks Style Scores.

What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.

Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on.

The Style Scores are broken down into four categories:

Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks.

Growth ScoreGrowth investors are more concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, the Growth Style Score analyzes characteristics like projected and historic earnings, sales, and cash flow to find stocks that will see sustainable growth over time.

Momentum ScoreMomentum trading is all about taking advantage of upward or downward trends in a stock's price or earnings outlook, and these investors live by the saying "the trend is your friend." The Momentum Style Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates.

VGM ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank.

How Style Scores Work with the Zacks Rank A proprietary stock-rating model, the Zacks Rank utilizes the power of earnings estimate revisions, or changes to a company's earnings outlook, to help investors create a successful portfolio.

Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +23.8% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.

But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from.

That's where the Style Scores come in.

To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible.

Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy.

Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too.

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: Suncor Energy (SU - Free Report) Founded in 1917, Alberta-based Suncor Energy, Inc. is Canada's premier integrated energy company. The company's operations include oil sands development and upgrading, conventional and offshore crude oil and gas production, petroleum refining, and product marketing. Suncor is one of the largest owners of oil sands in the world. The company has gained new oil sands properties to supplement its existing operations in northern Alberta, making it the dominant producer in the region where reserves are second only to Saudi Arabia.

SU is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.

Momentum investors should take note of this Oils-Energy stock. SU has a Momentum Style Score of A, and shares are up 1.3% over the past four weeks.

For fiscal 2026, three analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $1.77 to $7.39 per share. SU boasts an average earnings surprise of +8.7%.

With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, SU should be on investors' short list.

Posted by Defense World Staff on Aug 15th, 2026

Assenagon Asset Management S.A. lowered its stake in Suncor Energy Inc. (NYSE:SU – Free Report) (TSE:SU) by 95.5% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 27,448 shares of the oil and gas producer’s stock after selling 584,268 shares during the quarter. Assenagon Asset Management S.A.’s holdings in Suncor Energy were worth $1,476,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Versant Capital Management Inc grew its holdings in shares of Suncor Energy by 418.9% during the second quarter. Versant Capital Management Inc now owns 493 shares of the oil and gas producer’s stock worth $26,000 after buying an additional 398 shares in the last quarter. Atlantic Edge Private Wealth Management LLC boosted its holdings in shares of Suncor Energy by 54.9% during the 4th quarter. Atlantic Edge Private Wealth Management LLC now owns 635 shares of the oil and gas producer’s stock worth $28,000 after purchasing an additional 225 shares during the last quarter. Headlands Technologies LLC purchased a new stake in shares of Suncor Energy in the second quarter valued at approximately $31,000. 1 North Wealth Services LLC acquired a new stake in shares of Suncor Energy in the fourth quarter valued at approximately $32,000. Finally, Accent Capital Management LLC increased its holdings in shares of Suncor Energy by 37.5% in the fourth quarter. Accent Capital Management LLC now owns 825 shares of the oil and gas producer’s stock valued at $37,000 after purchasing an additional 225 shares during the last quarter. 67.37% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets A number of brokerages have issued reports on SU. Desjardins raised Suncor Energy to a “moderate buy” rating in a research note on Thursday, July 16th. The Goldman Sachs Group cut shares of Suncor Energy from a “buy” rating to a “neutral” rating and set a $72.00 price objective for the company. in a research report on Friday, June 5th. Wall Street Zen downgraded shares of Suncor Energy from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 1st. Zacks Research lowered shares of Suncor Energy from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 4th. Finally, Scotiabank raised shares of Suncor Energy to a “strong-buy” rating in a research report on Friday, June 26th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Suncor Energy currently has a consensus rating of “Moderate Buy” and an average price target of $71.67.

View Our Latest Stock Report on SU

Suncor Energy Price Performance Suncor Energy stock opened at $65.85 on Friday. The company has a current ratio of 1.65, a quick ratio of 1.08 and a debt-to-equity ratio of 0.19. The company has a fifty day simple moving average of $60.44 and a 200-day simple moving average of $61.08. The stock has a market cap of $77.75 billion, a P/E ratio of 12.13, a price-to-earnings-growth ratio of 0.49 and a beta of 0.30. Suncor Energy Inc. has a 12-month low of $37.76 and a 12-month high of $70.29.

Suncor Energy (NYSE:SU – Get Free Report) (TSE:SU) last posted its earnings results on Tuesday, August 4th. The oil and gas producer reported $2.33 EPS for the quarter, beating the consensus estimate of $2.14 by $0.19. The firm had revenue of $13.41 billion for the quarter, compared to analyst estimates of $11.68 billion. Suncor Energy had a return on equity of 20.05% and a net margin of 15.62%.During the same quarter in the prior year, the company posted $0.71 earnings per share. Equities analysts expect that Suncor Energy Inc. will post 7.13 EPS for the current fiscal year.

Suncor Energy Announces Dividend The firm also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 4th will be paid a dividend of $0.60 per share. The ex-dividend date is Friday, September 4th. This represents a $2.40 annualized dividend and a yield of 3.6%. Suncor Energy’s payout ratio is presently 32.04%.

Suncor Energy Profile (Free Report)

Suncor Energy Inc is a Canadian integrated energy company headquartered in Calgary, Alberta. The company’s operations span the full oil and gas value chain, with principal activities in oil sands development and production, conventional exploration and production, refining, distribution and retail marketing of petroleum products. Suncor supplies crude, synthetic crude and refined fuels as well as related products and services to commercial and consumer markets.

Upstream, Suncor is a major developer and operator of oil sands projects in Alberta, using both mining and in situ technologies to produce bitumen and synthetic crude.

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Key Takeaways Suncor Energy raises monthly share repurchases to C$500 million, targeting C$4.7 billion in 2026.Suncor generated C$5.3 billion in adjusted funds from operations and C$4 billion in free funds flow.SU's net debt fell to C$4.5 billion, but commodity prices and operating disruptions could weigh on returns. Suncor Energy (SU - Free Report) is increasing the pace of capital returns after a second quarter marked by record-matching adjusted funds from operations and record free funds flow per share. The company plans to lift monthly share repurchases to C$500 million beginning in August 2026.

The higher buyback raises an important question for investors. Can Suncor sustain that pace when oil prices, refining margins and operating conditions become less favorable?

Suncor Raises Its Monthly Buyback AgainThe C$500 million monthly pace is up from C$350 million and marks Suncor’s second increase this year. The company entered 2026 repurchasing C$275 million of shares per month before raising the amount to C$350 million in April.

Suncor now projects C$4.7 billion of share repurchases for 2026. The emphasis on cash returns is also visible among Canadian energy peers. Canadian Natural Resources Limited (CNQ - Free Report) has tied its capital-allocation framework to direct shareholder returns, while Imperial Oil Limited (IMO - Free Report) renewed a normal course issuer bid in June 2026 that permits repurchases of up to 5% of its outstanding common shares.

Suncor Energy has also outperformed its Canadian energy peers over the past year, with its share price rising 61.8%, compared with 58% for Canadian Natural Resources and 54.5% for Imperial Oil. The stronger share-price performance highlights the market’s favorable view of Suncor’s improving cash generation, balance sheet and capital returns.

Suncor’s Share Price Outpaces Canadian Energy Peers
Image Source: Zacks Investment Research

SU’s Record Cash Flow Funds the Higher ReturnsSuncor generated C$5.3 billion of adjusted funds from operations in the second quarter, matching its quarterly record. Free funds flow reached about C$4 billion, with free funds flow per share setting an all-time quarterly record at C$3.38.

The company returned C$1.8 billion to shareholders during the quarter. That included C$1.1 billion of share repurchases and C$706 million of dividends, underscoring the scale of cash distributed alongside the stronger buyback pace.

Suncor’s Lower Net Debt Expands Its FlexibilityNet debt ended the second quarter at C$4.5 billion, down from C$6.8 billion at the end of the first quarter and C$7.7 billion a year earlier. Management described the quarter-end level as 75% below where Suncor began the decade.

That lower leverage gives Suncor more room to return excess cash while retaining balance-sheet flexibility. For an energy producer whose earnings and cash flow can move sharply with commodity prices and operating conditions, the smaller debt burden provides an important cushion.

SU’s Commodity Exposure Tests Buyback DurabilityThe main challenge is that Suncor’s cash generation remains tied to commodity markets. Its 2026 guidance indicates that a $1-per-barrel change in West Texas Intermediate crude could affect full-year adjusted funds from operations by about C$190 million. A $1-per-barrel move in the New York Harbor 2-1-1 refining crack could have an estimated C$180 million impact.

Operating disruptions add another variable. Unusual precipitation and snowmelt reduced second-quarter mining productivity by an estimated 50,000-60,000 barrels per day. Suncor also expects 2026 capital spending of C$5.6-C$5.8 billion, meaning higher shareholder returns must coexist with substantial investment, sustainment and maintenance requirements.

Image Source: Suncor Energy Inc.

Suncor’s Ratings Back Quality but Keep Expectations BalancedSuncor’s larger buyback is supported by strong current cash generation and a materially lower debt load. The balance sheet gives the company flexibility, but the durability of C$500 million in monthly repurchases will still depend on commodity prices, refining economics and operating execution.

SU currently carries a Zacks Rank #3 (Hold). It also has a Value Score of A, Growth Score of A, Momentum Score of A and VGM Score of A. Those Style Scores indicate favorable characteristics across several investment styles, while the Hold rank keeps the near-term view measured. The combination supports a balanced assessment rather than a clear buy signal. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Key Takeaways Suncor Energy's Q2 earnings and revenues beat estimates, rising sharply year over year.Refining and Marketing earnings surged on stronger crack spreads, production and sales volumes.SU returned C$1.8 billion to shareholders while generating C$5.3 billion in adjusted funds from operations. Suncor Energy Inc. (SU - Free Report) reported second-quarter 2026 adjusted operating earnings of $2.33 per share, which beat the Zacks Consensus Estimate of $2.14 by 8.9%. Moreover, the bottom line increased significantly from the year-ago quarter’s reported figure of 51 cents. The outperformance was driven by stronger downstream margins, higher upstream price realizations and increased refined product sales volumes.

The Calgary, Alberta-based integrated oil and gas company’s operating revenues of $12.7 billion beat the Zacks Consensus Estimate of $10.3 billion by 22.4%. The top line also increased approximately 47.3% year over year, aided by record refined product sales, higher refinery production and stronger benchmark crack spreads.

Suncor Energy’s board of directors declared a quarterly dividend of 60 Canadian cents per share for its common shareholders of record as of Sept. 4, 2026. The payout, which remains unchanged from the previous quarter, will be made on Sept. 25.

During the quarter, the company distributed a total of C$1.8 billion to its shareholders, including over C$1 billion in share repurchases and over C$700 million in dividends. It generated C$5.3 billion in adjusted funds from operations and C$4 billion in free cash flow.

During the second quarter, Suncor Energy delivered upstream production of 760,900 barrels per day (bbls/d), down from 808,100 bbls/d in the year-ago quarter. However, refining throughput reached a second-quarter record of 470,600 bbls/d, compared with 442,300 bbls/d a year earlier, while refined product sales rose to 654,800 bbls/d from 600,500 bbls/d in the prior-year period.

Q2 Segmental Performance of SUUpstream: The company recorded a total production of 760,900 bbls/d, down from 808,100 bbls/d in the year-ago quarter. However, the figure beat the consensus estimate of 755,000 bbls/d.

Total Oil Sands production was 690,100 bbls/d, down from 748,400 bbls/d in the year-ago quarter. Total Oil Sands bitumen production was 815,200 bbls/d, compared with 860,800 bbls/d in the prior-year period. This decrease was caused by the planned turnaround at Firebag.

Net synthetic crude oil and diesel production increased to 482,200 bbls/d from 438,200 bbls/d a year earlier, driven by fewer maintenance activities in the current quarter. Non-upgraded bitumen production decreased to 207,900 bbls/d from 310,200 bbls/d, primarily due to increased upgrader availability and decreased bitumen production.

Oil Sands adjusted operating earnings were C$2.6 billion, up from C$926 million in the prior-year quarter, backed by increased price realizations.

Exploration and Production (E&P) production rose to 70,800 bbls/d from 59,700 bbls/d in the year-ago period, driven by strong production across assets. Adjusted operating earnings in the segment increased to C$465 million from C$165 million, primarily driven by higher sales volumes and stronger price realizations.

Downstream: The segment was the key driver of the quarter’s strength. Refining and Marketing adjusted operating earnings surged to C$2.1 billion from C$404 million in the prior-year quarter, primarily fueled by higher benchmark crack spreads, a FIFO inventory valuation gain and increased refinery production and sales volumes. Refinery utilization was 92%, up from 87% in the prior-year quarter, reflecting Suncor Energy’s increased refining network nameplate capacity of 511,000 bbls/d.

Refined product sales climbed to 654,800 bbls/d, a 9% increase from 600,500 bbls/d in the prior-year quarter, supported by global market opportunities, including record jet fuel sales, while also delivering more domestic volumes through high-value retail channels. Moreover, the figure beat the consensus estimate of 596,000 bbls/d.

SU’s Financial PositionTotal expenses increased 20% to C$12.6 billion from the prior-year quarter. The cost of purchases of crude oil and products increased to C$6.4 billion in the second quarter of 2026, compared with C$5.1 billion in the prior-year quarter. Operating, selling and general expenses increased 8.1% to C$3.4 billion from the prior-year quarter, and Exploration expenses increased to C$17 million compared with C$4 million in the previous-year quarter.

Suncor Energy generated C$5.3 billion in adjusted funds from operations, up from C$2.7 billion in the prior-year quarter. Free funds flow increased to almost C$4 billion from C$981 million. The company returned nearly C$1.8 billion to its shareholders, including C$1 billion in share repurchases and over C$700 million in dividends.

Capital expenditures totaled C$1.3 billion, decreasing from the year-ago quarter of C$1.6 billion. As of June 30, 2026, Suncor Energy had cash and cash equivalents of C$5.4 billion and long-term debt of C$9.2 billion. Its debt-to-capitalization was 16%.

2026 Guidance by Suncor EnergySuncor Energy’s 2026 corporate guidance targets total production of 840,000-870,000 bbl/d, including 785,000-810,000 bbl/d from Oil Sands and 55,000-60,000 bbl/d from Exploration and Production. Refinery throughput is expected at 460,000-475,000 bbl/d, with utilization of 90%-93% and refined product sales of 600,000-620,000 bbl/d. Capital expenditures are guided at C$5.6-C$5.8 billion, led by C$3.8-C$3.9 billion for Oil Sands. Cash operating costs are expected at C$26-C$29/bbl for Oil Sands operations, C$33-C$36/bbl at Fort Hills and C$34-C$37/bbl at Syncrude. The guidance assumes Brent at $87/bbl and WTI at $80/bbl, while the company highlights operational reliability, maintenance execution, commodity prices and infrastructure as key factors that could affect results.

SU currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Important Earnings at a GlanceWhile we have discussed SU’s second-quarter results in detail, let us take a look at three other key reports in this space.

Imperial Oil Limited (IMO - Free Report) reported second-quarter 2026 adjusted earnings per share of $3.27, which beat the Zacks Consensus Estimate of $2.99 and increased from the year-ago quarter’s $1.34, driven by higher price realizations.

Revenues of $11.6 billion missed the Zacks Consensus Estimate of $11.8 billion. However, the top line increased significantly from the year-ago quarter’s level of $8.1 billion, backed by strong performance in both the Upstream and Downstream segments.

As of June 30, 2026, Imperial Oil had cash and cash equivalents of C$2.8 billion. Total debt of the company amounted to C$3.96 billion, with a debt-to-capitalization of 13.9%.

Pembina Pipeline Corporation (PBA - Free Report) reported second-quarter 2026 earnings per share of 48 cents, which missed the Zacks Consensus Estimate of 49 cents. However, it increased from the year-ago quarter’s level of 47 cents. This improvement was primarily driven by strong underlying operational performance and volume growth across the Pipelines and Facilities and Marketing & New Ventures divisions.

This Calgary-based oil and gas storage and transportation company’s quarterly sales of $1.55 billion increased about 20% year over year, driven by higher revenue performance across all three segments.

As of June 30, 2026, PBA had cash and cash equivalents worth C$153 million and C$19.8 billion in long-term debt. Debt-to-capitalization was 53.7%.

Diamondback Energy, Inc. (FANG - Free Report) reported second-quarter 2026 adjusted earnings per share of $6.48, which beat the Zacks Consensus Estimate of $5.96 and more than doubled from the year-ago adjusted profit of $2.67. The outperformance was driven by production growth and a 53.1% improvement in the year-over-year realized oil prices.

This Midland, TX-based oil and gas exploration and production company’s revenues of $5.6 billion increased more than 51% from the year-ago quarter and topped the Zacks Consensus Estimate by about 17%, fueled primarily by higher sales of oil, natural gas and natural gas liquids, increased sales of purchased oil and higher revenues from other operating income.

As of June 30, the Permian-focused operator had approximately $462 million in cash and cash equivalents and $11.1 billion in long-term debt, representing a debt-to-capitalization of 20.1%.

The Canadian energy company said current President and CEO Rich Kruger will transition to the role of executive vice chair in April next year.

General view of the Suncor Energy refinery in Sarnia, Ontario, Canada March 20, 2021. REUTERS/Carlos Osorio Purchase Licensing Rights, opens new tab

CompaniesAug 6 (Reuters) - Canada's Suncor Energy (SU.TO), opens new tab on Thursday named insider Peter Zebedee ​its next CEO, and said ‌Chief Financial Officer Troy Little left the company.

Zebedee, currently executive vice ​president of Suncor's upstream ​business, will succeed Rich Kruger ⁠as president and chief executive ​in April 2027 — when Kruger ​transitions to executive vice chair, the company said.

The Reuters Power Up newsletter provides everything you need to know about the global energy industry. Sign up here.

As part of the succession ​plan, Zebedee will become president ​and CFO on September 14, overseeing all ‌non-operating ⁠functions while working alongside Kruger to ensure leadership transition.

Suncor did not disclose why Little ​left.

Zebedee joined ​Suncor ⁠in 2022 after serving as CEO of LNG ​Canada. He previously held ​senior ⁠roles at Shell (SHEL.L), opens new tab, Petro-Canada and Syncrude and has more than ⁠three ​decades of experience ​in the energy industry.

Reporting by Arunima Kumar ​in Bengaluru; Editing by Joyjeet Das

Our Standards: The Thomson Reuters Trust Principles., opens new tab

Suncor Energy ​is not yet willing to accelerate plans for production increases, the company's CEO said on Wednesday, despite ‌large-scale policy reforms promised by the federal and Alberta governments in an effort to spur growth in Canada's oil industry.

Sauf indication contraire, toute l'information financière est non auditée et présentée en dollars canadiens ($ CA), et elle est tirée des états financiers consolidés résumés de la Société, qui sont fondés sur les principes comptables généralement reconnus (les « PCGR ») du Canada, plus précisément les Normes internationales d'information financière (les « IFRS ») publiées par l'International Accounting Standards Board (l'« IASB »), et qui ont été préparés conformément à la Norme comptable internationale (« IAS ») 34, Information financière intermédiaire. Les volumes de production sont présentés selon la participation directe avant redevances, sauf pour les valeurs de production liées aux activités de la Société en Libye, qui sont présentées selon un prix raisonnable. Certaines mesures financières dans le présent communiqué (fonds provenant de l'exploitation ajustés, résultat d'exploitation ajusté, flux de trésorerie disponibles et dette nette) ne sont pas prescrites par les principes comptables généralement reconnus (les « PCGR ») du Canada. Se reporter à la rubrique « Mesures financières hors PCGR » du présent communiqué. Les informations concernant les activités du secteur Sables pétrolifères ne tiennent pas compte de la propriété par Suncor Énergie Inc. de Fort Hills et de sa participation dans Syncrude.

Calgary, Alberta--(Newsfile Corp. - 4 août 2026) - Suncor Énergie (TSX : SU) (NYSE : SU)

Faits saillants du deuxième trimestre

Fonds provenant de l'exploitation ajustés égalant le record trimestriel de 5,3 G$ et record trimestriel historique par action de 4,52 $.

Flux de trésorerie disponibles générés de 4,0 G$ et record trimestriel historique par action de 3,38 $, soit plus du quadruple par rapport au trimestre correspondant de l'exercice précédent.

Redistribution de près de 1,8 G$ aux actionnaires, ce qui comprend des rachats d'actions de plus de 1,0 G$ et des dividendes de plus de 700 M$.

À compter d'août 2026, Suncor prévoit augmenter les rachats d'actions mensuels, pour les porter de 350 M$ à 500 M$.

Production en amont de 761 000 b/j au deuxième trimestre et taux d'utilisation record des installations de valorisation de 94 % pour un premier semestre.

Débit de raffinage record pour un deuxième trimestre de 471 000 b/j et ventes de produits raffinés records pour un deuxième trimestre de 655 000 b/j.

« Au deuxième trimestre, Suncor a dégagé des fonds provenant de l'exploitation trimestriels records de 3,38 $ par action, ce qui témoigne des progrès accomplis pour améliorer le rendement de l'entreprise et accroître la valeur pour les actionnaires », a déclaré Rich Kruger, président et chef de la direction. « Nos activités en aval ont affiché une performance exemplaire au cours du trimestre. Elles ont généré des fonds provenant de l'exploitation ajustés trimestriels records ainsi qu'un débit de raffinage et des ventes de produits raffinés records pour un deuxième trimestre, ce qui confirme la solidité de notre modèle intégré et sa capacité à générer d'importants flux de trésorerie dans diverses conditions de marché. »

Résultats du deuxième trimestre

Faits saillants financiersT2T1T2(en millions de dollars, sauf indication contraire)202620262025Bénéfice net 3 732 2 100 1 134Par action ordinaire1) (en dollars) 3,17 1,77 0,93Résultat d'exploitation ajusté2) 3 804 2 300 873Par action ordinaire1), 2) (en dollars) 3,23 1,93 0,71Fonds provenant de l'exploitation ajustés2) 5 329 4 030 2 689Par action ordinaire1), 2) (en dollars) 4,52 3,39 2,20Flux de trésorerie liés aux activités d'exploitation 5 655 2 435 2 919Par action ordinaire1) (en dollars) 4,80 2,05 2,38Dépenses en immobilisations, compte non tenu des intérêts incorporés à l'actif 1 310 1 076 1 649Flux de trésorerie disponibles2) 3 980 2 913 981Dividende par action ordinaire1) (en dollars) 0,60 0,60 0,57Rachats d'actions par action ordinaire3) (en dollars) 0,89 0,69 0,61Rendements pour les actionnaires4) 1 756 1 537 1 447Charges d'exploitation, frais de vente et frais généraux 3 419 3 778 3 163Dette nette2) 4 481 6 842 7 673Faits saillants de l'exploitation

Total de la production en amont (kb/j)760,9875,2808,1Débit de traitement du pétrole brut par les raffineries (kb/j)470,6497,8442,3Taux d'utilisation des raffineries5) (%) 92 97 871) De base par action.
2) Mesures financières hors PCGR ou comprend des mesures financières hors PCGR. Se reporter à la rubrique « Mesures financières hors PCGR » du présent communiqué.
3) Correspondent au coût des rachats d'actions, compte non tenu de l'impôt payé sur les rachats d'actions, divisé par le nombre moyen pondéré d'actions en circulation.
4) Comprennent les dividendes versés sur les actions ordinaires et les rachats d'actions ordinaires, compte non tenu de l'impôt payé sur les rachats d'actions.
5) Le 1er janvier 2026, Suncor a augmenté de 10 % la capacité nominale de son réseau de raffinage, la faisant passer de 466 000 b/j à 511 000 b/j. Les taux d'utilisation trimestriels précédents ont été retraités de manière à refléter ce changement.

Résultats financiers

Rapprochement du résultat d'exploitation ajusté1)

T2T1T2(en millions de dollars)202620262025Bénéfice net 3 732 2 100 1 134Perte de change latente (profit de change latent) sur la dette libellée en dollars américains 132 139 (461)(Profit latent) perte latente sur les activités de gestion des risques (131) 92 68Modification législative non récurrente apportée aux prestations63--Réduction de valeur sur des placements en titres de capitaux propres - - 136Charge (recouvrement) d'impôt sur le résultat au titre des ajustements du résultat d'exploitation ajusté 8 (31) (4)Résultat d'exploitation ajusté1) 3 804 2 300 8731) Mesure financière hors PCGR. Tous les éléments de rapprochement sont présentés avant impôt et ajustés pour tenir compte de l'impôt sur le résultat présenté au poste « Charge (recouvrement) d'impôt sur le résultat au titre des ajustements du résultat d'exploitation ajusté ». Se reporter à la rubrique « Mesures financières hors PCGR » du présent communiqué.

Le résultat d'exploitation ajusté de Suncor a augmenté pour s'établir à 3,804 G$ (3,23 $ par action ordinaire) au deuxième trimestre de 2026, comparativement à 873 M$ (0,71 $ par action ordinaire) au trimestre correspondant de l'exercice précédent, en raison principalement de l'augmentation des prix obtenus en amont et des marges en aval, en partie contrebalancée par une augmentation correspondante de la charge d'impôt et des redevances.

Le bénéfice net s'est accru pour s'établir à 3,732 G$ (3,17 $ par action ordinaire) pour le deuxième trimestre de 2026, en comparaison de 1,134 G$ (0,93 $ par action ordinaire) pour le trimestre correspondant de l'exercice précédent. En plus des facteurs qui ont eu une incidence sur le résultat d'exploitation ajusté, les éléments présentés dans le tableau ci-dessus ont influé sur le bénéfice net du deuxième trimestre de 2026 et du trimestre correspondant de l'exercice précédent.

Les fonds provenant de l'exploitation ajustés ont augmenté pour s'établir à 5,329 G$ (4,52 $ par action ordinaire) au deuxième trimestre de 2026, en comparaison de 2,689 G$ (2,20 $ par action ordinaire) au trimestre correspondant de l'exercice précédent. Cette variation s'explique essentiellement par l'incidence des mêmes facteurs que ceux ayant influé sur le résultat d'exploitation ajusté dont il est question ci-dessus. Au cours du trimestre considéré, les fonds provenant de l'exploitation ajustés ont bénéficié de la force des activités intégrées de Suncor, les activités en amont ayant profité des fortes primes sur le pétrole brut synthétique, tandis que les activités en aval ont dégagé des fonds provenant de l'exploitation ajustés records malgré la hausse des coûts des charges d'alimentation.

Les flux de trésorerie liés aux activités d'exploitation, qui comprennent les variations du fonds de roulement hors trésorerie, se sont établis à 5,655 G$ (4,80 $ par action ordinaire) au deuxième trimestre de 2026, en comparaison de 2,919 G$ (2,38 $ par action ordinaire) au trimestre correspondant de l'exercice précédent.

Les flux de trésorerie disponibles ont augmenté pour s'établir à 3,980 G$ (3,38 $ par action ordinaire), comparativement à 981 M$ (0,80 $ par action ordinaire) au trimestre correspondant de l'exercice précédent. Cette variation s'explique essentiellement par les mêmes facteurs que ceux ayant influé sur les fonds provenant de l'exploitation ajustés ainsi que par la diminution des dépenses en immobilisations au cours du trimestre considéré par rapport au trimestre correspondant de l'exercice précédent.

Les charges d'exploitation, frais de vente et frais généraux se sont établis à 3,419 G$ au deuxième trimestre de 2026, en comparaison de 3,163 G$ au trimestre correspondant de l'exercice précédent. Cette hausse s'explique principalement par l'intensification des activités minières, attribuable en partie à des conditions météorologiques exceptionnelles au cours du trimestre, notamment d'abondantes accumulations de neige, une fonte printanière rapide et de fortes pluies, ainsi que par l'intensification des travaux de maintenance dans le secteur Sables pétrolifères.

Résultats d'exploitation

T2T1T2(en kb/j, à moins d'indication contraire)202620262025Activités en amont

Total de la production de bitume du secteur Sables pétrolifères 815,2 933,9 860,8Production de pétrole brut synthétique et de diesel 510,0 550,8 468,0Transferts entre actifs et produits consommés à l'interne (27,8) (31,5) (29,8)Production valorisée - production nette de pétrole brut synthétique et de diesel 482,2 519,3 438,2Production de bitume 273,9 364,7 334,8Transferts entre actifs (66,0) (85,2) (24,6)Production de bitume non valorisé 207,9 279,5 310,2Total de la production du secteur Sables pétrolifères 690,1 798,8 748,4Exploration et production 70,8 76,4 59,7Production en amont totale 760,9 875,2 808,1Ventes en amont 782,1 872,1 812,8

Activités en aval

Taux d'utilisation des raffineries1) (%) 92 97 87Débit de traitement du pétrole brut par les raffineries 470,6 497,8 442,3Ventes de produits raffinés 654,8 680,9 600,5La production totale de bitume du secteur Sables pétrolifères s'est établie à 815 200 barils par jour (b/j) au deuxième trimestre de 2026, comparativement à 860 800 b/j au trimestre correspondant de l'exercice précédent. Cette diminution est principalement attribuable à l'incidence des travaux de révision planifiés à Firebag, qui ont été menés à bien plus tôt que prévu au cours du trimestre, en partie contrebalancée par l'accroissement de la production minière observé malgré une succession inhabituelle de phénomènes météorologiques, notamment d'abondantes accumulations de neige, une fonte printanière rapide et de fortes pluies. Au trimestre correspondant de l'exercice précédent, la production minière reflétait l'incidence du projet de remplacement des tambours à coke de l'unité de valorisation 1 et des travaux de révision connexes.

La production nette de pétrole brut synthétique à valeur plus élevée de la Société s'est accrue pour se chiffrer à 482 200 b/j et le taux d'utilisation des installations de valorisation a été de 93 % au deuxième trimestre de 2026, comparativement à 438 200 b/j et à 86 %, respectivement, au trimestre correspondant de l'exercice précédent, en raison principalement de la diminution des travaux de maintenance au cours du trimestre à l'étude.

La production de bitume non valorisé a diminué pour s'établir à 207 900 b/j au deuxième trimestre de 2026, contre 310 200 b/j au trimestre correspondant de l'exercice précédent, en raison essentiellement de la plus grande disponibilité des installations de valorisation et du fléchissement de la production de bitume.

La production du secteur E&P s'est accrue pour s'établir à 70 800 b/j au deuxième trimestre de 2026, en comparaison de 59 700 b/j au trimestre correspondant de l'exercice précédent, et elle reflète une solide production pour l'ensemble des actifs.

Le débit de traitement du pétrole brut des raffineries a atteint un niveau record de 470 600 b/j pour un deuxième trimestre, tandis que le taux d'utilisation des raffineries1) s'est établi à 92 % de la capacité nominale révisée de 511 000 b/j, comparativement à 442 300 b/j et à 87 %, respectivement, au trimestre correspondant de l'exercice précédent, ce qui s'explique principalement par le volume moindre de travaux de maintenance exécutés au cours de la période considérée. La production des raffineries a augmenté pour s'établir à 503 400 b/j, en comparaison de 464 600 b/j au trimestre correspondant de l'exercice précédent, la Société ayant bénéficié d'une augmentation structurelle du volume de charges d'alimentation intermédiaires traité par les installations secondaires.

Les ventes de produits raffinés ont augmenté pour atteindre un record de 654 800 b/j pour un deuxième trimestre, en comparaison de 600 500 b/j au cours du trimestre correspondant de l'exercice précédent, Suncor ayant continué d'exploiter les possibilités sur le marché à l'échelle mondiale, notamment les ventes records de carburéacteur, tout en fournissant davantage de volumes sur le marché intérieur par l'intermédiaire de circuits de vente au détail à forte valeur ajoutée, en tirant parti de la marque de vente au détail la plus prisée au Canada.

1) Le 1er janvier 2026, Suncor a augmenté de 10 % la capacité nominale de son réseau de raffinage, la faisant passer de 466 000 b/j à 511 000 b/j. Les taux d'utilisation trimestriels précédents ont été retraités de manière à refléter ce changement.

Mises à jour concernant la Société et la stratégie

Hausse prévue des rachats d'actions mensuels à 500 M$ par mois. À compter d'août 2026, Suncor prévoit augmenter ses rachats d'actions mensuels de 350 M$ par mois à 500 M$ par mois, ce qui porte les rachats d'actions prévus pour l'exercice 2026 complet à 4,7 G$ et représente une troisième augmentation mensuelle depuis décembre 2025.

Annonce d'un nouveau partenariat de fidélisation. Petro-Canada et WestJet ont annoncé les modalités d'un nouveau partenariat de fidélisation qui devrait offrir aux clients de Petro-Canada plus de valeur, plus d'options et plus de flexibilité lorsqu'ils voyagent et font le plein.

Mises à jour sur les perspectives de la Société

Suncor a mis à jour ses fourchettes prévisionnelles pour 2026, qui avaient été publiées précédemment le 11 décembre 2025 :

Les prévisions concernant le contexte commercial, la charge d'impôt exigible et les redevances ont été mises à jour afin de refléter le contexte commercial actuel au 4 août 2026.Pour des précisions et des mises en garde sur les perspectives de Suncor pour 2026, visitez le www.suncor.com/fr-CA/guidance.

Mesures financières hors PCGR

Certaines mesures financières contenues dans le présent communiqué, à savoir les fonds provenant de l'exploitation ajustés, le résultat d'exploitation ajusté, les flux de trésorerie disponibles et la dette nette, ainsi que les montants par action ou par baril connexes, ne sont pas prescrites par les PCGR. Nous présentons ces mesures financières hors PCGR parce que notre direction les utilise pour analyser la performance des activités, l'endettement et la liquidité, le cas échéant, et qu'elles peuvent être utiles aux investisseurs pour les mêmes raisons. Ces mesures financières hors PCGR n'ont pas de définition normalisée et, par conséquent, il est peu probable qu'elles soient comparables aux mesures similaires présentées par d'autres sociétés. Par conséquent, elles ne doivent pas être utilisées isolément ni comme substituts aux mesures de rendement établies conformément aux PCGR. Sauf indication contraire, ces mesures financières hors PCGR sont calculées et présentées de la même manière d'une période à l'autre. Des ajustements particuliers pourraient être pertinents pour certaines périodes seulement.

Résultat d'exploitation ajusté

Le résultat d'exploitation ajusté est une mesure financière hors PCGR qui se calcule en ajustant le résultat net en fonction d'éléments significatifs qui ne sont pas indicatifs de la performance au chapitre de l'exploitation. La direction utilise le résultat d'exploitation ajusté pour évaluer la performance au chapitre de l'exploitation parce qu'elle estime que cette mesure donne une comparaison plus juste entre les périodes. Un rapprochement entre le résultat d'exploitation ajusté et le résultat net est présenté dans le communiqué ci-dessus.

Fonds provenant de (affectés à) l'exploitation ajustés

Les fonds provenant de (affectés à) l'exploitation ajustés sont une mesure financière hors PCGR qui consiste à ajuster une mesure conforme aux PCGR, à savoir les flux de trésorerie liés aux activités d'exploitation, en fonction des variations du fonds de roulement hors trésorerie et que la direction utilise pour analyser la performance au chapitre de l'exploitation et la liquidité. Les variations du fonds de roulement hors trésorerie peuvent subir l'incidence, entre autres facteurs, de la volatilité des prix des marchandises, du calendrier des achats des charges d'alimentation destinées aux activités extracôtières et des paiements relatifs aux taxes sur les marchandises et à l'impôt sur le résultat, du calendrier des flux de trésorerie liés aux créances et aux dettes et des variations des stocks qui, de l'avis de la direction, réduisent la comparabilité d'une période à l'autre.

Trimestres clos les 30 juinSables
pétrolifères Exploration et
production Raffinage et
commercialisation Siège social et
éliminations Impôt sur
le résultatTotal(en millions de dollars) 202620252026202520262025202620252026202520262025Bénéfice (perte) avant impôt sur le résultat 2 691 844 465 165 2 100 377 (277) 48 - - 4 979 1 434Ajustements pour :

Charge d'amortissement et d'épuisement 1 241 1 248 167 167 275 260 31 34 - - 1 714 1 709Charge de désactualisation 129 124 20 16 4 4 - - - - 153 144Perte de change latente (profit de change latent) sur la dette libellée en dollars américains - - - - - - 132 (461) - - 132 (461)Variation de la juste valeur des instruments financiers et des stocks de négociation (173) 215 12 34 (70) (62) - - - - (231) 187Perte (profit) à la cession d'actifs 5 - - - (2) - (3) - - - - -Rémunération fondée sur des actions (8) 7 (1) 1 (4) 4 (47) (6) - - (60) 6Règlement de passifs liés au démantèlement et à la remise en état (108) (86) (11) (11) (13) (15) - - - - (132) (112)Autres 42 47 - - 9 47 41 100 - - 92 194Charge d'impôt exigible - - - - - - - - (1 318) (412) (1 318) (412)Fonds provenant de (affectés à) l'exploitation ajustés 3 819 2 399 652 372 2 299 615 (123) (285) (1 318) (412) 5 329 2 689Variation du fonds de roulement hors trésorerie

326 230Flux de trésorerie liés aux activités d'exploitation

5 655 2 919Semestres clos les 30 juinSables
pétrolifères Exploration et
production Raffinage et
commercialisation Siège social et
éliminations Impôt sur
le résultatTotal(en millions de dollars) 202620252026202520262025202620252026202520262025Bénéfice (perte) avant impôt sur le résultat 4 207 2 519 847 323 3 750 1 049 (999) (167) - - 7 805 3 724Ajustements pour :

Charge d'amortissement et d'épuisement 2 476 2 447 342 338 551 517 76 70 - - 3 445 3 372Charge de désactualisation 259 248 39 32 8 7 - - - - 306 287Perte de change latente (profit de change latent) sur la dette libellée en dollars américains - - - - - - 271 (475) - - 271 (475)Variation de la juste valeur des instruments financiers et des stocks de négociation (32) 147 4 28 (14) (45) - - - - (42) 130Perte (profit) à la cession d'actifs 5 - - - (8) - (10) - - - (13) -Rémunération fondée sur des actions (42) (79) (3) (5) (18) (36) (117) (177) - - (180) (297)Règlement de passifs liés au démantèlement et à la remise en état (248) (165) (16) (14) (26) (27) - - - - (290) (206)Autres 88 92 1 - 37 52 26 115 - - 152 259Charge d'impôt exigible - - - - - - - - (2 095) (1 060) (2 095) (1 060)Fonds provenant de (affectés à) l'exploitation ajustés 6 713 5 209 1 214 702 4 280 1 517 (753) (634) (2 095) (1 060) 9 359 5 734Variation du fonds de roulement hors trésorerie

(1 269) (659)Flux de trésorerie liés aux activités d'exploitation

8 090 5 075Flux de trésorerie disponibles (déficitaires)

Les flux de trésorerie disponibles (déficitaires) sont une mesure financière hors PCGR calculée en déduisant des fonds provenant de l'exploitation ajustés, les dépenses en immobilisations, y compris les intérêts incorporés à l'actif. Les flux de trésorerie disponibles rendent compte de la trésorerie disponible pour accroître les distributions aux actionnaires et réduire la dette. La direction utilise cette mesure pour évaluer la capacité de la Société à accroître les rendements pour les actionnaires et à faire croître les activités de Suncor.

Trimestres clos les 30 juinSables
pétrolifèresExploration et productionRaffinage et
commercialisationSiège social et éliminationsImpôt sur
le résultatTotal(en millions de dollars)202620252026202520262025202620252026202520262025Fonds provenant de (affectés à) l'exploitation ajustés 3 819 2 399 652 372 2 299 615 (123) (285) (1 318) (412) 5 329 2 689Dépenses en immobilisations,
y compris les intérêts incorporés à l'actif (914) (1 109) (126) (229) (300) (362) (9) (8) - - (1 349) (1 708)Flux de trésorerie disponibles (déficitaires) 2 905 1 290 526 143 1 999 253 (132) (293) (1 318) (412) 3 980 981Semestres clos les 30 juinSables
pétrolifèresExploration et productionRaffinage et
commercialisationSiège social et éliminationsImpôt sur
le résultatTotal(en millions de dollars)202620252026202520262025202620252026202520262025Fonds provenant de (affectés à) l'exploitation ajustés 6 713 5 209 1 214 702 4 280 1 517 (753) (634) (2 095) (1 060) 9 359 5 734Dépenses en immobilisations,
y compris les intérêts incorporés à l'actif (1 660) (1 858) (254) (438) (532) (542) (20) (15) - - (2 466) (2 853)Flux de trésorerie disponibles (déficitaires) 5 053 3 351 960 264 3 748 975 (773) (649) (2 095) (1 060) 6 893 2 881Dette nette et dette totale

La dette nette et la dette totale sont des mesures financières hors PCGR que la direction utilise pour analyser la situation financière de la Société. La dette totale se compose de la dette à court terme, de la tranche courante de la dette à long terme et de la dette à long terme (qui sont toutes des mesures conformes aux PCGR). La dette nette correspond à la dette totale diminuée de la trésorerie et des équivalents de trésorerie (une mesure conforme aux PCGR).

 30 juin31 décembre(en millions de dollars, sauf indication contraire) 20262025Dette à court terme  - -Tranche courante de la dette à long terme  656 973Dette à long terme  9 197 9 014Dette totale  9 853 9 987Moins la trésorerie et les équivalents de trésorerie  5 372 3 650Dette nette  4 481 6 337Capitaux propres  48 163 45 124Dette totale majorée des capitaux propres  58 016 55 111Ratio dette totale/dette totale majorée des capitaux propres (%)  17,0 18,1Ratio dette nette/dette nette majorée des capitaux propres (%)  8,5 12,3Mise en garde - renseignements de nature prospective

Le présent communiqué renferme de l'information prospective et des énoncés prospectifs (collectivement appelés « énoncés prospectifs » aux présentes) et d'autres informations qui reposent sur les attentes actuelles, les estimations, les projections et les hypothèses que la Société a formulées à la lumière des informations qui étaient à sa disposition au moment où les présents énoncés ont été formulés, et en fonction de son expérience et de sa perception des tendances historiques, notamment les attentes et hypothèses au sujet de l'exactitude des estimations des réserves; les prix des marchandises, les taux d'intérêt et les taux de change; le rendement des actifs et du matériel; l'incertitude liée aux conflits géopolitiques; la rentabilité des capitaux et les économies de coûts; les lois applicables et les politiques gouvernementales; les niveaux de production futurs; la suffisance des dépenses en immobilisations budgétées pour l'exécution des activités planifiées; la disponibilité et le coût de la main-d'œuvre, des services et des infrastructures; la capacité de tiers à remplir leurs obligations envers Suncor; l'élaboration et l'exécution de projets; et la réception en temps utile des approbations des autorités de réglementation et des tiers. Tous les énoncés et les informations traitant de prévisions ou de projections au sujet de l'avenir, ainsi que les autres énoncés et informations au sujet de la stratégie de croissance de Suncor, de ses prévisions courantes et futures en matière de dépenses en immobilisations ou de décisions d'investissement, des prix des marchandises, des coûts, des calendriers, des volumes de production, des résultats d'exploitation et des résultats financiers, des activités de financement et d'investissement futures et de l'incidence prévue des engagements futurs, constituent des énoncés prospectifs. Certains énoncés prospectifs se reconnaissent à l'emploi d'expressions comme « s'attend à », « anticipe », « estime », « planifie », « prévu », « a l'intention de », « croit », « projette », « indique », « pourrait », « se concentre sur », « vision », « but », « perspectives », « proposé », « cible », « objectif », « continue », « devrait », « futur », « avenir », « potentiel », « occasion », « priorité », « stratégie » et autres expressions analogues. Les énoncés prospectifs formulés dans le présent communiqué font référence aux éléments suivants : la stratégie, les axes privilégiés, les objectifs et les priorités de Suncor, ainsi que les avantages qui devraient en découler; la conviction de Suncor que le nouveau partenariat entre le programme de fidélisation de Petro-Canada et WestJet offrira aux clients de Petro-Canada une valeur accrue ainsi qu'un plus grand choix et une plus grande souplesse lorsqu'ils font le plein et prennent l'avion; et le fait que Suncor prévoit effectuer des rachats d'actions de 4,7 G$ en 2026, ce qui représente une hausse de plus de 30 % par rapport aux rachats d'actions de 2025. En outre, tous les autres énoncés et renseignements traitant de la stratégie de croissance de Suncor, de ses décisions en matière de dépenses et d'investissements prévus et futurs, des prix des marchandises, des coûts, des calendriers, des volumes de production, des résultats opérationnels et des résultats financiers, et de l'incidence prévue des engagements futurs, constituent des énoncés prospectifs. Certains énoncés et renseignements prospectifs se reconnaissent à l'emploi d'expressions comme « s'attend », « prévoit », « estimations », « planifie », « prévu », « entend », « croit », « projets », « indique », « pourrait », « se concentre », « vision », « but », « perspectives », « proposé », « cible », « objectif », « continue », « devrait », « peut » et autres expressions analogues.

Les énoncés et les renseignements prospectifs ne sont pas des garanties d'un rendement futur et comportent un certain nombre de risques et d'incertitudes, dont certains sont similaires à ceux qui touchent d'autres sociétés pétrolières et gazières et d'autres sont propres à Suncor. Les résultats réels de Suncor pourraient différer de façon significative de ceux exprimés ou suggérés de manière implicite dans ses énoncés ou renseignements prospectifs. Le lecteur est donc averti de ne pas s'y fier indûment.

La notice annuelle et le rapport annuel aux actionnaires de Suncor, chacun daté du 25 février 2026, le formulaire 40-F, le rapport aux actionnaires pour le deuxième trimestre de 2026 daté du 4 août 2026 et les autres documents que Suncor dépose périodiquement auprès des autorités en valeurs mobilières décrivent les risques, incertitudes et hypothèses significatives et les autres facteurs qui pourraient avoir une incidence sur les résultats réels et de tels facteurs sont intégrés par renvoi aux présentes. On peut se procurer ces documents en consultant le site Internet de Suncor à l'adresse suncor.com/fr-CA/FinancialReports ou sur SEDAR+ au sedarplus.ca ou sur EDGAR au sec.gov. Sauf dans les cas où les lois applicables sur les valeurs mobilières l'exigent, Suncor se dégage de toute intention ou obligation de mettre à jour ou de réviser publiquement ses renseignements de nature prospective, que ce soit en raison de nouvelles informations, d'événements futurs ou d'autres circonstances.

Le rapport aux actionnaires pour le deuxième trimestre de 2026 de Suncor, les états financiers et les notes (non audités) peuvent être téléchargés à partir du profil de la Société au sedarplus.ca ou au sec.gov ou du site Web de Suncor, au suncor.com/fr-CA/FinancialReports.

Pour écouter la webdiffusion portant sur les résultats du deuxième trimestre de Suncor, veuillez visiter suncor.com/webdiffusions. La webdiffusion sera archivée pendant 90 jours.

Suncor Énergie - la plus importante société énergétique intégrée du Canada
Les activités de Suncor couvrent l'ensemble de la chaîne de valeur énergétique, y compris l'exploitation des sables pétrolifères et les activités in situ, la valorisation, la production extracôtière, le raffinage du pétrole au Canada et aux États-Unis, la commercialisation et la négociation, ainsi que les réseaux nationaux de vente au détail et en gros de Petro-CanadaMC, fournissant une énergie fiable qui alimente la croissance économique et répond aux besoins des clients partout au Canada et à l'échelle mondiale. Fortement axée sur la sécurité, l'excellence opérationnelle et la rentabilité, Suncor s'engage à offrir une performance de premier plan dans le secteur et à créer de la valeur à long terme pour les actionnaires. Les actions ordinaires de Suncor (symbole : SU) sont inscrites à la Bourse de Toronto et à la Bourse de New York.

Pour en savoir plus sur Suncor, visitez notre site Web à suncor.com ou trouvez-nous sur LinkedIn, Instagram et Facebook.

Pour consulter la version originale de ce communiqué de presse, visitez le https://www.newsfilecorp.com/release/307979

Source: Suncor Energy Inc.

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All financial figures are in Canadian dollars.

Calgary, Alberta--(Newsfile Corp. - August 4, 2026) - Suncor Energy's (TSX: SU) (NYSE: SU) Board of Directors has approved a quarterly dividend of $0.60 per share on its common shares, payable September 25, 2026 to shareholders of record at the close of business on September 4, 2026.

Suncor Energy - Canada's leading integrated energy company

Suncor's operations span the full energy value chain, including oil sands mining and in situ operations, upgrading, offshore production, petroleum refining in Canada and the U.S., marketing and trading, and nationwide Petro-Canada™ retail and wholesale networks - delivering reliable energy that fuels economic growth and meets the needs of customers across Canada and globally. With an unwavering focus on safety, operational excellence, and profitability, Suncor is committed to delivering industry-leading performance and long-term shareholder value. Suncor's common shares (symbol: SU) are listed on the Toronto and New York stock exchanges.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/307976

Source: Suncor Energy Inc.

Suncor Energy facility is seen in Sherwood Park, Alberta, Canada August 21, 2019. REUTERS/Candace Elliott Purchase Licensing Rights, opens new tab

SummaryCompaniesSuncor plans to raise monthly share repurchases to C$500 million from AugustTotal upstream production falls to 760,900 bpd after Firebag turnaroundAug 4 (Reuters) - Suncor Energy (SU.TO), opens new tab on Tuesday beat second-quarter adjusted profit estimates ‌as higher crude price realizations and stronger refining margins offset weaker upstream production.

Higher oil prices and fuel margins lifted earnings across Canada's oil patch as conflict in the Middle East ​supported crude markets.

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Calgary, Alberta-based Suncor said oil sands adjusted operating earnings rose ​to C$2.592 billion from C$926 million a year ago, while ⁠refining and marketing adjusted operating earnings increased to C$2.068 billion from C$404 million.

Canadian ​oil and gas producers have steadily raised output while keeping costs in check, ​helped by years of investment.

Peer Imperial Oil more than doubled its second-quarter profit and beat analysts' estimates, also benefiting from higher crude prices.

Downstream strength helped offset weaker overall production.

Suncor's refinery crude oil ​throughput rose to a second-quarter record of 470,600 barrels per day from ​442,300 barrels per day, while its refinery utilization increased to 92% from 87%.

Refined product sales also ‌hit ⁠a quarterly record of 654,800 barrels per day (bpd). Total upstream production fell to 760,900 bpd from 808,100 bpd, partly due to a planned turnaround at Firebag.

Suncor reaffirmed its 2026 upstream production and refinery throughput forecast and maintained its capital ​spending forecast of C$5.6 ​billion to C$5.8 ⁠billion.

The company said it plans to raise its monthly share repurchases to C$500 million from C$350 million beginning in ​August, projecting total 2026 buybacks of C$4.7 billion.

Suncor said in March ​that about ⁠60% of its oil sands production would come from in situ, or steam-assisted, extraction by 2040, up from about 30% currently, as it shifts away from higher-cost ⁠mining.

The company ​posted adjusted operating earnings of C$3.23 per share ​for the quarter ended June 30, above analysts' average estimate of C$3.07, according to data compiled ​by LSEG.

($1 = 1.4025 Canadian dollars)

Reporting by Khusbu Jena in Bengaluru; Editing by Shreya Biswas

Our Standards: The Thomson Reuters Trust Principles., opens new tab

Wall Street analysts expect Suncor Energy (SU - Free Report) to post quarterly earnings of $2.14 per share in its upcoming report, which indicates a year-over-year increase of 319.6%. Revenues are expected to be $10.35 billion, up 20.4% from the year-ago quarter.

Over the last 30 days, there has been a downward revision of 2.3% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.

Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.

While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.

Given this perspective, it's time to examine the average forecasts of specific Suncor Energy metrics that are routinely monitored and predicted by Wall Street analysts.

Analysts expect 'Production Volumes per day - Total Oil Sands production' to come in at 688.71 thousands of barrels of oil. Compared to the current estimate, the company reported 748.40 thousands of barrels of oil in the same quarter of the previous year.

The consensus among analysts is that 'Sales Volumes per day - Exploration and Production' will reach 64.55 thousands of barrels of oil. The estimate compares to the year-ago value of 65.00 thousands of barrels of oil.

Analysts forecast 'Sales Volumes per day - Total Oil Sands operations' to reach 688.72 thousands of barrels of oil. The estimate is in contrast to the year-ago figure of 747.80 thousands of barrels of oil.

The consensus estimate for 'Crude oil processed per day - Total' stands at 467.57 thousands of barrels of oil. Compared to the present estimate, the company reported 442.30 thousands of barrels of oil in the same quarter last year.

It is projected by analysts that the 'Production Volumes per day - Oil Sands operations - non-upgraded bitumen' will reach 193.65 thousands of barrels of oil. Compared to the present estimate, the company reported 310.20 thousands of barrels of oil in the same quarter last year.

The collective assessment of analysts points to an estimated 'Production Volumes per day - Oil Sands Operations - Upgraded (SCO and Diesel)' of 495.06 thousands of barrels of oil. Compared to the current estimate, the company reported 438.20 thousands of barrels of oil in the same quarter of the previous year.

Analysts predict that the 'Sales Volumes per day - Oil Sands operations - Upgraded (SCO and Diesel)' will reach 495.06 thousands of barrels of oil. The estimate compares to the year-ago value of 440.20 thousands of barrels of oil.

The average prediction of analysts places 'Sales Volumes per day - Oil Sands operations - non-upgraded bitumen' at 193.65 thousands of barrels of oil. Compared to the current estimate, the company reported 307.60 thousands of barrels of oil in the same quarter of the previous year.

According to the collective judgment of analysts, 'Production Volumes per day - Total Fort Hills bitumen production' should come in at 152.29 thousands of barrels of oil. The estimate is in contrast to the year-ago figure of 162.90 thousands of barrels of oil.

Based on the collective assessment of analysts, 'Production Volumes per day - Total Syncrude production' should arrive at 191.20 thousands of barrels of oil. Compared to the present estimate, the company reported 196.50 thousands of barrels of oil in the same quarter last year.

The combined assessment of analysts suggests that 'Production Volumes per day - E&P Canada' will likely reach 62.17 thousands of barrels of oil. Compared to the present estimate, the company reported 56.40 thousands of barrels of oil in the same quarter last year.

Analysts' assessment points toward 'Production Volumes per day - E&P International' reaching 3.89 thousands of barrels of oil. The estimate is in contrast to the year-ago figure of 3.30 thousands of barrels of oil.

View all Key Company Metrics for Suncor Energy here>>>

Shares of Suncor Energy have demonstrated returns of +22.2% over the past month compared to the Zacks S&P 500 composite's +0.2% change. With a Zacks Rank #3 (Hold), SU is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

Key Takeaways Suncor Energy to report Q2 earnings on Aug. 4, with consensus estimates of $2.14 EPS on $10.35B revenues.SU's downstream business likely benefited from favorable refining margins and stable refinery throughput.SU's planned maintenance at Firebag and Base Plant likely reduced production and raised expenses. Suncor Energy Inc. (SU - Free Report) is set to report second-quarter 2026 earnings on Aug. 4, after the closing bell. The Zacks Consensus Estimate for earnings is pegged at $2.14 per share, and the same for revenues is pinned at $10.35 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 Q1 Earnings & Surprise HistoryIn the first quarter, this Alberta-based integrated oil and gas company’s earnings missed the consensus mark. Suncor Energy posted adjusted operating earnings of $1.41 per share, which were 3% below the Zacks Consensus Estimate of $1.45. This was primarily due to a 16.5% increase in total expenses and higher commodity input costs during the quarter. However, the company’s operating revenues of $10.7 billion beat the Zacks Consensus Estimate by 19.53%.

SU's earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and missed in one, delivering an average surprise of 6.93%.

This is depicted in the graph below:

Trend in SU’s Estimate RevisionThe Zacks Consensus Estimate for second-quarter 2026 earnings has remained unchanged in the past seven days. The estimated figure indicates a 319.61% year-over-year bottom-line increase. Moreover, the Zacks Consensus Estimate for revenues indicates an increase of 20.42% from the year-ago period’s level.

Factors to Consider Ahead of SU’s Q2 ReleaseOn a positive note, SU's revenues are likely to have improved in the quarter to be reported. Our model predicts second-quarter revenues to increase from the year-ago quarter's level of $8.60 billion. Suncor's downstream operations are expected to have provided solid support to its second-quarter performance despite volatility in crude markets. Favorable refining margins and sustained demand for refined products through much of the quarter are likely to have driven stronger earnings from the company's refining and marketing business. Stable refinery throughput is also expected to support overall results, highlighting the resilience of Suncor's integrated business model.

On the flip side, extensive turnaround activity is expected to weigh on second-quarter results. Management stated that Suncor's largest upstream maintenance events at the Firebag and Base Plant facilities were underway during the quarter and were expected to have been completed before the end of the second quarter. These planned outages are likely to have temporarily lowered production volumes, increased maintenance expenses and limited upstream earnings, partially offsetting the strength of the company's downstream operations.

What Does Our Model Say?The proven Zacks model does not conclusively show an earnings beat for Suncor Energythis time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. However, that is not the case here.

Earnings ESP: Earnings ESP, which represents the difference between the Most Accurate Estimate and the Zacks Consensus Estimate, for this company is 0.00%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Zacks Rank: SU currently carries a Zacks Rank #3.

Stocks to ConsiderHere are some firms that you may want to consider, as these have the right combination of elements to post an earnings beat.

Ryman Hospitality Properties (RHP - Free Report) has an Earnings ESP of +1.26% and a Zacks Rank #2. The firm is scheduled to release earnings on Aug. 6, 2026. You can seethe complete list of today’s Zacks #1 Rank stocks here.

Ryman Hospitality Properties is a real estate investment trust that owns a large group of convention-oriented hotels and entertainment assets. This includes the Grand Ole Opry, generating revenue from hospitality, entertainment and related businesses. Ryman Hospitality has a trailing four-quarter average earnings surprise of 6.44%.

Somnigroup International Inc. (SGI - Free Report) has an Earnings ESP of +2.43% and a Zacks Rank #2. The firm is scheduled to release earnings on Aug. 6, 2026.

Somnigroup is a global bedding company that designs, manufactures and sells mattresses, adjustable bases and sleep-related products through a portfolio of well-known brands. The company has a trailing four-quarter average earnings surprise of 4.80%.

Sweetgreen (SG - Free Report) has an Earnings ESP of +11.54% and a Zacks Rank #2. The firm is scheduled to release earnings on Aug. 6, 2026.

Sweetgreen is a fast-casual restaurant chain that serves customizable salads, warm bowls and protein plates. The company has a strong focus on digital ordering and fresh, locally sourced ingredients. Sweetgreen is valued at approximately $733.17 million.