Suncor Energy (SU) Scheduled to Post Quarterly Earnings on Wednesday

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Suncor Energy (NYSE:SU) (TSE:SU) is set to announce its earnings results after the market closes on Wednesday, October 31st. Analysts expect the company to announce earnings of $0.71 per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Shares of NYSE SU traded down $0.01 during mid-day trading on Tuesday, hitting $33.18. The stock had a trading volume of 124,764 shares, compared to its average volume of 4,160,862. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.90 and a quick ratio of 0.56. Suncor Energy has a twelve month low of $31.33 and a twelve month high of $42.55. The company has a market cap of $54.80 billion, a price-to-earnings ratio of 22.01, a PEG ratio of 1.45 and a beta of 0.85.

Several equities analysts recently issued reports on SU shares. Zacks Investment Research raised Suncor Energy from a “hold” rating to a “buy” rating and set a $45.00 target price on the stock in a research report on Saturday, July 7th. Mizuho started coverage on Suncor Energy in a research report on Monday, July 23rd. They issued a “buy” rating on the stock. ValuEngine downgraded Suncor Energy from a “buy” rating to a “hold” rating in a research report on Tuesday, September 11th. JPMorgan Chase & Co. downgraded Suncor Energy from an “overweight” rating to a “neutral” rating in a research report on Tuesday, September 11th. Finally, CIBC began coverage on Suncor Energy in a research report on Friday, October 5th. They set a “sector outperform” rating on the stock. Two investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $49.17.

Suncor Energy Company Profile

Suncor Energy Inc operates as an integrated energy company. The company primarily focuses on developing petroleum resource basins in Canada's Athabasca oil sands; explores, acquires, develops, produces, and markets crude oil and natural gas in Canada and internationally; transports and refines crude oil; markets petroleum and petrochemical products primarily in Canada.

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Earnings History for Suncor Energy (NYSE:SU)

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