Share Suncor Energy (SU) Q3 2026 Earnings Review: Stronger cash generation supports a larger dividend
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Earnings results
Suncor EnergySU · Oil & Gas Integrated
SU · November 3, 2026After close · Since the same-day regular close
+0.73%Session snapshot

Suncor Energy (SU) Q3 2026 Earnings Review: Stronger cash generation supports a larger dividend

Earnings results

  • EPS

    Actual: C$3.97 adjusted basic · Matching consensus comparison not provided.

  • Revenue

    Actual: C$20.82B gross · Matching consensus comparison not provided.

  • Guidance reaffirmed

    2026 corporate ranges unchanged from the August update.

By Stocks To Buy Now AI ResearchPublished

THE CATALYST

What the company reported

Suncor’s stronger oil prices and refining margins lifted cash generation, supporting a 10% dividend increase to C$0.66 per share. The issuer attributes stronger adjusted profit to upstream realizations, refining margins and higher-value exports.

AT A GLANCE

Q3 2026 earnings recap

Suncor’s stronger oil prices and refining margins lifted cash generation, supporting a 10% dividend increase to C$0.66 per share.

  • Adjusted profit per share reached C$3.97, up from C$1.48 a year earlier, while reported profit included a C$1.08 billion offshore-asset impairment.
  • Gross revenue rose 53% to C$20.82 billion, with record third-quarter refined-product sales helping Suncor capture stronger fuel margins.
  • The company maintained its 2026 operating outlook and reiterated plans for C$750 million in monthly share buybacks.
  • Its agreed C$1.2 billion offshore-asset sale is expected to close in early 2027, subject to approvals, and would transfer substantial future obligations to the buyer.
  • At the November 3 close, shares traded at roughly 11.2 times trailing reported profit, a valuation that depends on how long strong energy margins last.
  • Shares traded about 0.7% above the November 3 close after earnings, with US$74.3–75.30 support and US$79.5–80.25 resistance worth watching.

The next test is sustaining cash generation through weaker oil or fuel prices while completing the offshore sale and funding larger shareholder payouts.

THE VISUAL RESEARCH

Financials, technicals and earnings

Charts through Nov 3, 2026.

Financials
Technicals
Earnings & peers
WHAT TO WATCH

Technical setup and risks

The November 3 close is below its 20-day average but above its 50-day average; support at US$74.3–75.30 and resistance at US$79.5–80.25 frame a mixed trend, with commodity margins the key risk.

AI-assisted earnings research with verified issuer results. Charts use the stated completed session. Educational information; investing involves risk.

EXPLORE COMPANY RESEARCH

Suncor Energy : the full stock picture

Earnings history, financials, price action and peer comparisons — all below.
Open SU stock page ↗

EXPLORE THE COMPANY

Suncor Energy (SU)

Explore earnings, price action, financials and industry comparisons.

Symbol
SU
Sector
Energy
Industry
Oil & Gas Integrated
Instrument type
EQUITY

Profile information from our saved company catalog. This is not a live quote or confirmation of current listing status.

EARNINGS & COMPANY RESEARCH

SU earnings, valuation & price action

View in calendar ↗
NEXT EXPECTED REPORTNov 3 2026After close · ET
EPS ESTIMATE2.52
REVENUE ESTIMATE11.96B

Expected dates may change. Estimates use the source’s reporting currency. Quotes and research are snapshots, not live prices.

COMPANY RESEARCH · Energy

Suncor Energy Inc. SU

Oil & Gas Integrated · Updated 11/3/2026

Adjusted closing price · USD75.52 Nov 3
36516681Oct 31May 5Nov 3
Price50-day average200-day average+95.6% in view
VALUATION & EXPECTATIONS
Trailing P/E14.7×
Forward P/E6.1×
Trailing P/S2.2×
Forward P/S1.4×
EPS beat rate88%
Revenue beat rate63%
Positive window63%

EPS beats: 7 of 8 comparable reports. Positive price windows: 5 of 8.

Market caps may be up to 14 days old; prices up to seven days old; ratios and analyst estimates up to fourteen days old. Forward multiples use consensus for the fiscal year ending 2026-12-31, not the next 12 months. Negative or unavailable earnings multiples show “N/A”. Forward ADR multiples are omitted when the currency/share basis is not reconciled.

50-day average71.29
200-day average63.17
RSI (14)52
20-day range68.14 – 79.48
Relative volume0.7×
1-year change+95.6%
Last eight reported earnings for SU
Report dateEPS estimateEPS actualSurpriseResultRevenue actualPrice window*5 sessions*
Aug 4 20262.142.27+6.1%Beat12.34B-4.8%-4.1%
May 5 20261.451.41-2.8%Miss10.41B-6.2%-2.9%
Feb 3 20260.770.79+2.6%Beat8.77B+0.9%+3.7%
Nov 4 20250.851.07+25.9%Beat9B+4.0%+11.2%
Aug 5 20250.500.51+2.0%Beat9.36B+0.6%-0.4%
May 6 20250.860.91+5.8%Beat8.65B-2.7%+4.4%
Feb 5 20250.820.89+8.5%Beat8.71B+0.8%+3.9%
Nov 12 20240.881.08+22.7%Beat9.5B+2.0%+5.5%

*Adjusted close before the report date to the first (or fifth) trading close after it. This window can span two sessions and is not an isolated earnings-day return. Figures may be revised by the provider.

Smart Money activity

Recent insider and politician transactions, and disclosed fund positions for SU.

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More SU research Data,
02 / FINANCIALS

Suncor Energy financials

Revenue, earnings, cash flow and financial strength in one view.

Reporting currency unconfirmed.

Revenue
Net income
Gross profit
Operating income
EBITDA
Operating cash flow
Capital expenditure
Cash
Total assets
Total liabilities
Shareholder equity
Total debt
Net profit margin
Gross margin
Short interest: days to cover
How to read these financial metrics

Figures use the app’s saved statements for the displayed period, not a trailing-year total. Margins divide profit by revenue; quick ratio uses current assets less inventory divided by current liabilities. Compare dates and currencies before comparing companies.

03 / WHAT COMES NEXT

Suncor Energy event catalysts

Company earnings and scheduled market events that may change expectations.

2026-11-03

SU earnings

Watch reported results, management’s outlook and the share-price reaction.

See earnings expectations ↑
2026-11-0310:00 AM ET

JOLTS job openings

Watch vacancies and quits for signs of labor-market cooling.

Release schedule ↗Scheduled
2026-11-0410:00 AM ET

ISM services PMI

Services prices and employment can influence the outlook for inflation and rates.

Release schedule ↗Scheduled
2026-11-058:30 AM ET

Initial jobless claims

Use the multiweek trend to distinguish normal volatility from a sustained increase in layoffs.

Release schedule ↗Scheduled
2026-11-068:30 AM ET

Jobs report · payrolls & unemployment

Read revisions and wages alongside the headline. Strong hiring can support demand but also lift rate expectations.

Release schedule ↗Scheduled
2026-11-0610:00 AM ET

Consumer sentiment · preliminary

Watch changes in inflation expectations as well as sentiment.

Release schedule ↗Scheduled
2026-11-108:30 AM ET

CPI inflation

Compare headline and core inflation with expectations; watch Treasury yields and growth stocks.

Release schedule ↗Scheduled
2026-11-11Time not announced

MSCI · index review announcement

Review official additions, deletions and weight changes; release time is not specified here.

Release schedule ↗Scheduled
2026-11-128:30 AM ET

Initial jobless claims

Use the multiweek trend to distinguish normal volatility from a sustained increase in layoffs.

Release schedule ↗Scheduled

Dates use U.S. Eastern time and can change. Calendar events provide context; they do not determine the direction of a stock move.

04 / SIDE BY SIDE

Compare SU with its peers

Oil & Gas Integrated · Compare valuation, financial strength and price performance.

Companies with valuation data1
Peer median positive P/E
SU P/E14.7×
SU peer comparison: valuation
CompanyPriceMarket capP/EForward P/EP/SForward P/S
SUSuncor Energy 2026-11-03 · USD75.5292.62B14.7×6.1×2.2×1.4×
ATH.TOAthabasca Oil Corporation
CNQ.TOCanadian Natural Resources Limited
CVE.TOCenovus Energy Inc.
IMO.TOImperial Oil Limited
SU14.7×

The peer median excludes the selected stock and is based on 0 available positive multiples. P/E median excludes negative or missing earnings multiples. Peer reports can have different fiscal periods and currencies; values are not currency-converted.

05 / PEER ANALYSIS

Explore SU alongside its peers

Oil & Gas Integrated · 10 companies · Cached market data

Comparison

Compare companies

Tap a bubble to inspect a company, then × to hide it. Undo restores the last company hidden. Bubble area reflects market cap, with a minimum size for visibility.

Price / sales
0.1×01.0×271.06B1.9×542.12B2.7×813.18BXOM · ExxonMobils Market cap: 729.95B Price / sales: 2.0×CVX · Chevron Market cap: 449.38B Price / sales: 2.2×SHEL · Shell Market cap: 301.27B Price / sales: 1.0×PBR · Petroleo Brasileiro Petrob Market cap: 165.62B Price / sales: 1.5×BP · BP p.l.c. Market cap: 129.53B Price / sales: 0.6×EQNR · Equinor ASA Market cap: 110.98B Price / sales: 1.0×E · ENI S.p.A. Market cap: 85.57B Price / sales: 0.9×CVE · Cenovus Energy Market cap: 61.17B Price / sales: 1.6×EC · Ecopetrol Market cap: 36.35B Price / sales: 0.9×SU · Suncor Energy Inc. Market cap: 92.62B Price / sales: 2.2×Hide SU · Undo restores itMarket cap
SUSuncor Energy Inc.

Market cap: 92.62B
Price / sales: 2.2×

Valuation snapshot: 2026-11-03
View research ↗
10 of 10 companies have both plotted values.

P/S distribution

Trailing price-to-sales multiples · 10 companies

Median P/S1.3×
Middle 50%0.9× to 1.9×
SU P/S2.2×
SU
0.5×2.3×

Tap a bar to see the companies in that P/S range. SU has a higher P/S than 90% of this group.

0 companies excluded from P/S statistics because sales are non-positive or the saved multiple is missing. Statistics include all valid positive values, including those outside the focused chart range.

Companies

Showing 8 of 10 matching companies · Largest market cap first

  • Market cap 729.95BP/E 22.8×P/S 2.0×Forward P/E Forward P/S Price snapshot: 2026-11-02 · Financials: 2026-09-30
    ↗
  • Market cap 449.38BP/E 21.7×P/S 2.2×Forward P/E Forward P/S Price snapshot: 2026-11-02 · Financials: 2026-09-30
    ↗
  • Market cap 301.27BP/E 11.4×P/S 1.0×Forward P/E Forward P/S Price snapshot: 2026-11-02 · Financials: 2026-09-30
    ↗
  • Market cap 165.62BP/E 6.2×P/S 1.5×Forward P/E Forward P/S Price snapshot: 2026-11-02
    ↗
  • Market cap 129.53BP/E 23.9×P/S 0.6×Forward P/E Forward P/S Price snapshot: 2026-11-02 · Financials: 2026-09-30
    ↗
  • Market cap 110.98BP/E 12.6×P/S 1.0×Forward P/E Forward P/S Price snapshot: 2026-11-02 · Financials: 2026-09-30
    ↗
  • Market cap 92.62BP/E 14.7×P/S 2.2×Forward P/E Forward P/S Price snapshot: 2026-11-03
    ↗
  • Market cap 85.57BP/E 14.8×P/S 0.9×Forward P/E Forward P/S Price snapshot: 2026-11-02 · Financials: 2026-09-30
    ↗

Explore industries

Open an industry for its comparison, valuation and companies.

U.S.-listed companies from the app’s catalog. Medians use saved positive P/E values; coverage and snapshot dates vary.

How this comparison works

Uses the saved companies from the same industry and listing market, including SU, ordered by cached market cap. Company snapshots can have different dates; the web cache may cover fewer metrics and periods than the app.

Periods end at each company’s dated price snapshot. Change compares the latest saved observation with one at or before the selected period’s start. A daily price change uses consecutive saved sessions. Financial data updates quarterly, so short periods may show no change. Missing history and zero starting values are excluded; a negative starting value uses its absolute value as the denominator.

Metrics use saved ratios and percentages. Market caps use the listing market’s reporting currency; underlying financial statements may use different currencies. Circle sizes have a minimum for touch visibility, and an outlined circle indicates a missing market cap. These comparisons describe data, not recommendations or price predictions.

Related research

Company research, movers, earnings and options results.

INDUSTRY COMPARISON

SU industry peers

Oil & Gas Integrated · Oct 16, 2026 · Closing-price performance

Compare SU with 2 other stocks in the available heatmap coverage.

CVXChevron Corporation+2.59%XOMExxonmobil Holdings Corporation+2.46%