10:24 AM EST, 02/20/2024 (MT Newswires) -- RBC Capital Markets said over the holiday weekend that it expects Suncor Energy Inc. (SU.TO) to book a cash flow per share of $2.42 in the fourth quarter of 2023, compared to the Street forecast of $2.55.
RBC forecast Suncor's operating EPS at $1.01, below the Street estimate of $1.06.
Production was projected at 808,000 barrels per day, in line with Street estimates, while capital spending was pegged at $1.61 billion, higher than the Street forecast of $1.54 billion.
RBC gave Suncor an outperform rating with a $51.00 price target.
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