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Bullboard - Stock Discussion Forum Suncor Energy Inc T.SU

Alternate Symbol(s):  SU

Suncor Energy Inc. is a Canada-based integrated energy company. The Company's segments include Oil Sands, Exploration and Production (E&P), and Refining and Marketing. Its operations include oil sands development, production and upgrading, offshore oil and gas production, petroleum refining in Canada and the United States and its Petro-Canada retail and wholesale distribution networks... see more

TSX:SU - Post Discussion

Suncor Energy Inc > SU Q3 Report Before Market Opens Nov. 9
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Post by integrity11 on Oct 31, 2023 12:53am

SU Q3 Report Before Market Opens Nov. 9

Looking forward to upcoming Q3 reports by SU, CNQ and TOU. I had probably just missed the Q3 reporting day, but I just noticed on the SU website they are reporting after market close November 8..

I am not 100% sure, but I believe 100% of Fort Hills production will be included as the effective date of the purchase of the last  31.23% of Fort Hills is listed as April 1, 2023. If that is the case total upstream SU production would now be ~800,000 boed which is a very significant volume. 

Net Q2 earnings were $1.44 per share and adjusted earning were $0.96 per share.

I hope we see increased earning per share, increased production and maybe even a dividend increase. Unfortunately the recent drop in oil price has had a small effect on the SU share price, but I am optimistic we will see a nice spike over next few weeks.

Bedt of fortunes for all SU shareholders.


n

Comment by meritmat on Oct 31, 2023 8:19am
Cve is torrow before the bell
Comment by lifeisgood1010 on Oct 31, 2023 8:38am
Good morning Integrity, "I hope we see increased earning per share, increased production and maybe even a dividend increase." For me, it is a given that SU will post much better results in Q3 vs Q2 As for the dividend, i was wrong in Q2 expecting a bump to 55 cents. I will pass on any prediction for this quarter but an increase to 55 cents would be nice In any event, the excess free ...more  
Comment by lifeisgood1010 on Oct 31, 2023 9:14am
Forgot to mention my EPS forcast for Q3For the one or two poster who care LOL "Net Q2 earnings were $1.44 per share and adjusted earning were $0.96 per share." Mid Q3, Yahoo was posting adjusted EPS forcast of $1.19 based on 8 analysts. At that time, i said it did not make any sense based on were my spread and added profits based on WTI were. Today, Yahoo is showing EPS of $1.30 and ...more  
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