Suncor Energy Maintained at Outperformer at CIBC Ahead of Q4 Results; Price Target Kept at C$70.00

MT Newswires Live02-03

CIBC Capital Markets reiterated its outperform rating on the shares of Suncor Energy (SU.TO) and its C$70.00 price target ahead of the oil producer and refiner's fourth-quarter results.

"Suncor Energy reports after market on February 3, 2026. The company pre-announced F2025 production of 860 MBoe/d and downstream throughput of 480 MBbl/d. We estimate Q4/25 CFPS of $2.55 and capital spending of $1,600 million vs. consensus of $2.63 and $1,531 million, respectively. Suncor released 2026 guidance of 840-870 MBoe/d on capital spending of $5.6 billion-$5.8 billion, which was mostly in line with our expectations at 855 MBoe/d and $5.6 billion, respectively. The company is also planning to host an Investor Day on March 31, where we expect updates to the company's bitumen development plans in the Fort McMurray region. Alongside an operational update on January 5, the company noted it had achieved its 2024 Investor Day goals a year ahead of schedule, driving ~$3.3 billion of incremental free cash flow generation and lowering its WTI breakeven by US$10 per Bbl," the investment bank wrote.

(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)

Price: 71.98, Change: +0.01, Percent Change: +0.01

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2608297895?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-02-03 00:39","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2608297895","market":"sh","top_or_hot":-1,"title":"Suncor Energy Maintained at Outperformer at CIBC Ahead of Q4 Results; Price Target Kept at C$70.00","media":"MT Newswires Live","content":"<html><body><p> CIBC Capital Markets reiterated its outperform rating on the shares of Suncor Energy (SU.TO) and its C$70.00 price target ahead of the oil producer and refiner's fourth-quarter results.</p><p>\"Suncor Energy reports after market on February 3, 2026. The company pre-announced F2025 production of 860 MBoe/d and downstream throughput of 480 MBbl/d. We estimate Q4/25 CFPS of $2.55 and capital spending of $1,600 million vs. consensus of $2.63 and $1,531 million, respectively. Suncor released 2026 guidance of 840-870 MBoe/d on capital spending of $5.6 billion-$5.8 billion, which was mostly in line with our expectations at 855 MBoe/d and $5.6 billion, respectively. The company is also planning to host an Investor Day on March 31, where we expect updates to the company's bitumen development plans in the Fort McMurray region. Alongside an operational update on January 5, the company noted it had achieved its 2024 Investor Day goals a year ahead of schedule, driving ~$3.3 billion of incremental free cash flow generation and lowering its WTI breakeven by US$10 per Bbl,\" the investment bank wrote.</p><p>(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)</p><p>Price: 71.98, Change: +0.01, Percent Change: +0.01</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Suncor Energy Maintained at Outperformer at CIBC Ahead of Q4 Results; Price Target Kept at C$70.00</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSuncor Energy Maintained at Outperformer at CIBC Ahead of Q4 Results; Price Target Kept at C$70.00\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-02-03 00:39</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> CIBC Capital Markets reiterated its outperform rating on the shares of Suncor Energy (SU.TO) and its C$70.00 price target ahead of the oil producer and refiner's fourth-quarter results.</p><p>\"Suncor Energy reports after market on February 3, 2026. The company pre-announced F2025 production of 860 MBoe/d and downstream throughput of 480 MBbl/d. We estimate Q4/25 CFPS of $2.55 and capital spending of $1,600 million vs. consensus of $2.63 and $1,531 million, respectively. Suncor released 2026 guidance of 840-870 MBoe/d on capital spending of $5.6 billion-$5.8 billion, which was mostly in line with our expectations at 855 MBoe/d and $5.6 billion, respectively. The company is also planning to host an Investor Day on March 31, where we expect updates to the company's bitumen development plans in the Fort McMurray region. Alongside an operational update on January 5, the company noted it had achieved its 2024 Investor Day goals a year ahead of schedule, driving ~$3.3 billion of incremental free cash flow generation and lowering its WTI breakeven by US$10 per Bbl,\" the investment bank wrote.</p><p>(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)</p><p>Price: 71.98, Change: +0.01, Percent Change: +0.01</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SU","symbol_name":"森科能源","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2608297895","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2608297895","pubTimestamp":1770050341,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"CIBC Capital Markets reiterated its outperform rating on the shares of Suncor Energy (SU.TO) and its C$70.00 price target ahead of the oil producer and refiner's fourth-quarter results.\"Suncor Energy ","collect":0,"end_time":0,"defaultTopTitle":"","property":["rate"],"viewcount":null,"language":"en","relate_stocks":{"SU":"森科能源"},"translate_title":"在第四季度业绩公布之前，CIBC的森科尔能源公司(Suncor Energy)维持跑赢大盘的评级；目标价维持在70.00加元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SU":1.5},"content_text":"CIBC Capital Markets reiterated its outperform rating on the shares of Suncor Energy (SU.TO) and its C$70.00 price target ahead of the oil producer and refiner's fourth-quarter results.\"Suncor Energy reports after market on February 3, 2026. The company pre-announced F2025 production of 860 MBoe/d and downstream throughput of 480 MBbl/d. We estimate Q4/25 CFPS of $2.55 and capital spending of $1,600 million vs. consensus of $2.63 and $1,531 million, respectively. Suncor released 2026 guidance of 840-870 MBoe/d on capital spending of $5.6 billion-$5.8 billion, which was mostly in line with our expectations at 855 MBoe/d and $5.6 billion, respectively. The company is also planning to host an Investor Day on March 31, where we expect updates to the company's bitumen development plans in the Fort McMurray region. Alongside an operational update on January 5, the company noted it had achieved its 2024 Investor Day goals a year ahead of schedule, driving ~$3.3 billion of incremental free cash flow generation and lowering its WTI breakeven by US$10 per Bbl,\" the investment bank wrote.(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)Price: 71.98, Change: +0.01, Percent Change: +0.01","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2608297895","isCrawlerRequest":true}