Suncor Energy (SU) Down 3.7% Since Last Earnings Report: Can It Rebound?

Yahoo Finance00:30

Jefferies Maintains Suncor Energy(SU.US) With Hold Rating, Maintains Target Price $43.82

Futu NewsDec 12 23:31 · Ratings

Suncor Energy Maintained at Outperform by National Bank Following 2025 Budget; Price Target Kept at C$76.00

MT NewswiresDec 12 22:47 · Ratings

Suncor Energy Expects Production of Up to 840,000 Barrels Per Day in 2025

MT NewswiresDec 12 21:26

Suncor Energy expects production to increase and capital expenditures to decrease by 2025.

Gelonghui, December 12 | Canadian producer Suncor Energy predicts that Oil & Gas production will increase in 2025, betting on the continued growth of energy demand. The company expects next year's production to be between 0.81 million and 0.84 million barrels per day, higher than the 0.77 million to 0.81 million barrels per day expected for 2024. The company also announced a reduction in capital expenditures for 2025, down to 6.1 billion to 6.3 billion Canadian dollars, compared to this year's forecast of 6.3 billion to 6.5 billion Canadian dollars.

Gelonghui FinanceDec 12 20:58

IEA Monthly Report: Even if OPEC+ delays production increases, there will still be an oversupply of oil next year!

The IEA stated that if OPEC+ implements the production recovery plan starting in April, the Global market will face a surplus of 1.4 million barrels per day. The IEA has raised the forecast for global oil demand growth in 2025 by 90,000 barrels to 1.1 million barrels, mainly due to the economic stimulus measures recently announced by China.

wallstreetcnDec 12 20:35