Geopolitics Alpha

Suncor Profit More Than Doubles as Cash Flow Hits Record High

Published . Updated .

Market Call

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

Get these market calls by email

The week's biggest market-moving stories, Congress trades and Trump posts, with the tickers they touch. Free, one email a week.

Free. We only use your email to send the digest, never sell or share it, and every email has a one-click unsubscribe link. See our privacy policy.

Suncor Profit More Than Doubles as Cash Flow Hits Record High

Suncor Energy more than doubled its third-quarter net earnings and generated record adjusted funds from operations, prompting the Canadian energy producer to increase its dividend and share buybacks while advancing plans to sell non-core offshore assets.

Directly affected

  • SU Suncor Energy

    Named in this report.

Indirectly affected

  • EWC iShares MSCI Canada ETF

    iShares MSCI Canada ETF holds stocks listed in Canada, which this story is about (“canadian”).

  • EFA iShares MSCI EAFE ETF

    iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes Canada, which this story is about.

  • XLE Energy Select Sector SPDR

    Energy Select Sector SPDR holds the energy sector that Suncor Energy belongs to, so it often moves with news about it.

  • XOM ExxonMobil Holdings

    ExxonMobil Holdings is a peer of Suncor Energy in petroleum refining; rivals often move on the same news.

  • CVX Chevron

    Chevron is a peer of Suncor Energy in petroleum refining; rivals often move on the same news.

  • COP ConocoPhillips

    ConocoPhillips is a peer of Suncor Energy in petroleum refining; rivals often move on the same news.

  • BP BP p.l.c

    BP p.l.c is a peer of Suncor Energy in petroleum refining; rivals often move on the same news.

  • MPC Marathon Petroleum

    Marathon Petroleum is a peer of Suncor Energy in petroleum refining; rivals often move on the same news.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
SU+2.82%+5.36%base-4.61%-8.45%-8.84%-10.58%
EWC+2.17%+0.68%base+2.65%-0.06%-0.41%+1.52%
EFA+0.59%+0.25%base+2.55%-0.40%-1.19%+1.81%
XLE+2.64%+4.95%base-4.79%-6.96%-7.59%-7.07%
XOM+2.57%+5.49%base-4.52%-6.87%-6.39%-7.18%
CVX+1.76%+4.58%base-3.71%-4.40%-5.45%-6.75%
COP+3.21%+6.66%base-5.19%-6.18%-5.61%-6.83%
BP+4.63%+5.96%base-4.51%-6.04%-6.44%-6.31%
MPC+3.01%+3.95%base-8.24%-11.76%-12.82%-8.88%

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Suncor Profit More Than Doubles as Cash Flow Hits Record High Crude Oil Prices Today | OilPrice.com

Source: Crude Oil Prices Today | OilPrice.com

Energy

CompanyWhenMoveStatus
BPthat day-4.51%final price
BPthe next day-6.04%final price
BPtwo days later-6.44%final price
BPthree days later-6.31%final price
BPthree days earlier+5.96%final price
BPfive days earlier+4.63%final price
COPthat day-5.19%final price
COPthe next day-6.18%final price
COPtwo days later-5.61%final price
COPthree days later-6.83%final price
COPthree days earlier+6.66%final price
COPfive days earlier+3.21%final price
CVXthat day-3.71%final price
CVXthe next day-4.40%final price
CVXtwo days later-5.45%final price
CVXthree days later-6.75%final price
CVXthree days earlier+4.58%final price
CVXfive days earlier+1.76%final price
EFAthat day+2.55%final price
EFAthe next day-0.40%final price
EFAtwo days later-1.19%final price
EFAthree days later+1.81%final price
EFAthree days earlier+0.25%final price
EFAfive days earlier+0.59%final price
EWCthat day+2.65%final price
EWCthe next day-0.06%final price
EWCtwo days later-0.41%final price
EWCthree days later+1.52%final price
EWCthree days earlier+0.68%final price
EWCfive days earlier+2.17%final price
MPCthat day-8.24%final price
MPCthe next day-11.76%final price
MPCtwo days later-12.82%final price
MPCthree days later-8.88%final price
MPCthree days earlier+3.95%final price
MPCfive days earlier+3.01%final price
SUthat day-4.61%final price
SUthe next day-8.45%final price
SUtwo days later-8.84%final price
SUthree days later-10.58%final price
SUthree days earlier+5.36%final price
SUfive days earlier+2.82%final price
XLEthat day-4.79%final price
XLEthe next day-6.96%final price
XLEtwo days later-7.59%final price
XLEthree days later-7.07%final price
XLEthree days earlier+4.95%final price
XLEfive days earlier+2.64%final price
XOMthat day-4.52%final price
XOMthe next day-6.87%final price
XOMtwo days later-6.39%final price
XOMthree days later-7.18%final price
XOMthree days earlier+5.49%final price
XOMfive days earlier+2.57%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

How solid the energy case looks

12 out of 100

“Suncor Profit More Than Doubles as Cash Flow Hits Record High” scores 12 out of 100. The score uses 1 sources.