Suncor Logs 4Q Beat Thanks to Lower Corporate Costs -- Market Talk

Dow Jones
2025/02/06

0834 ET - Suncor Energy's 4Q adjusted funds from operations came in 10% above the expectations of Raymond James, despite the Canadian company pre-releasing production and refining throughput figures. Analyst Michael Barth says the beat seems to largely be driven by lower corporate costs. He notes Suncor's 2025 guidance was unchanged. Barth expects the market to react positively to the results, given the renewal of is share buyback program is anticipated in late-February and Suncor has ample capacity to start the new program strong. Raymond James has a market perform stance on shares, which are up 8% in 2025 and 29% over the last 12 months. (robb.stewart@wsj.com)

(END) Dow Jones Newswires

February 06, 2025 08:34 ET (13:34 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10