
Sector: Oil sands & refining
COMM_SU
Net debt (table and EV/EBITDA): |short-term borrowings| + |long-term borrowings| + |other financial liabilities| when extracted + |non-controlling interest| when extracted − |cash and equivalents|; amounts in millions of the reporting currency.
Shares: yahoo_fundamentals_timeseries/SU
Monetary columns are in B USD, one decimal; scale (K/M/B/T) keeps values readable. For the period (default) shows P&L and cash flow for that row’s reporting window: quarterly amounts when the feed uses quarter-duration facts (typical US 10-Q revenue and income), quarterly cash flows after stripping YTD where only cumulative tags exist, and an implied Q4 on 31 Dec FY rows (P&L: FY minus Q1–Q3; operating / investing cash flow: FY 12m minus 9M YTD to 30 Sep when sourced from SEC builder evidence) so they match 10-Q scale. Some issuers still use cumulative YTD minus the prior row in the same calendar year. As reported shows values stored on each row (e.g. full-year on FY). Balance sheet is always as reported. Source JSON may use millions etc.; conversion uses amounts_unit per row.
| Date | Period | Status | RevenueB USD | Operating profitB USD | D&AB USD | EBITDAB USD | Net profitB USD | Operating CFB USD | Capex + M&AB USD | AssetsB USD | EquityB USD | ROE (annualized) | Net debtB USD | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | Q2 2026 (3M) | OK | 13.7 y/y 48.3% | 3.8 y/y 277.9% | 1.2 y/y -0.2% | 5.0 y/y 124.1% | 2.7 y/y 227.3% | 4.1 | -0.9 | 66.6 y/y 2.7% | 33.8 y/y 3.8% | 32.2% | 3.1 | Yahoo Finance |
| 2026-03-31 | Q1 2026 (3M) | OK | 11.2 y/y — | 2.1 y/y — | 1.3 y/y — | 3.4 y/y — | 1.5 y/y — | 1.8 | -0.9 | 66.6 y/y — | 32.8 y/y — | 18.7% | 4.9 | Yahoo Finance |
| 2025-12-31 | Q4 2025 (3M) | OK | 9.1 y/y — | 1.3 y/y — | 1.3 y/y — | 2.6 y/y — | 1.1 y/y — | 2.8 | -1.1 | 64.3 y/y -1.8% | 32.3 y/y -0.6% | 13.1% | ≈ 5.1 | Yahoo Finance |
| 2025-09-30 | Q3 2025 (3M) | OK | 9.8 y/y — | 1.8 y/y — | 1.3 y/y — | 3.0 y/y — | 1.2 y/y — | 2.7 | -1.2 | 64.3 y/y — | 32.4 y/y — | 4.8% | 5.1 | Yahoo Finance |
| 2025-06-30 | Q2 2025 (3M) | OK | 9.2 y/y — | 1.0 y/y — | 1.2 y/y — | 2.2 y/y — | 0.8 y/y — | 2.1 | -1.2 | 64.8 y/y — | 32.6 y/y — | 10.1% | 5.6 | Yahoo Finance |
| 2024-12-31 | FY 2024 (12M) | OK | 40.1 y/y 3.6% | — y/y — | 5.1 y/y 6.5% | 11.1 y/y -12.4% | 4.4 y/y -28.5% | — | — | 65.6 y/y -0.1% | 32.5 y/y 1.3% | 13.6% | — | Yahoo Finance |
| 2023-12-31 | FY 2023 (12M) | OK | 38.7 y/y — | — y/y — | 4.8 y/y — | 12.6 y/y — | 6.1 y/y — | — | — | 65.6 y/y — | 32.1 y/y — | — | — | Yahoo Finance |
| Short-term debt (incl. ST leases) | 461 |
| Long-term debt (incl. LT leases) | 6 460 |
| − Cash & equivalents | 3 774 |
| Net debt | 3 148 |
|---|
Net debt / LTM EBITDA: 0.2x
Quarterly values ($ mln)
Year-over-year change
FCF ($ mln)
Net debt / cash ($ mln)
Our earnings breakdowns and investment notes on this issuer.
Current 94spot vs LTM +30%
Target market cap from conservative EBITDA and the historical EV/EBITDA
Upside: +8.1% ▼ -1.9 pp 1d
Main driver: WTI Crude Oil +31% vs LTM; revenue ×1.17 vs costs ×1.04; EBITDA 14 312→17 230; at 5.3× EV/EBITDA → +8%.
Product prices — moves vs the LTM average
| Commodity | Share | Spot | LTM | 3-yr | vs LTM, $ | 3y vs LTM |
|---|---|---|---|---|---|---|
| WTI Crude Oil (rev) | +25% | 93.93 | 71.96 | 76.52 | +31% | +6% |
| US Crack Spread (oil refining) (rev) | +8% | 66.60 | 30.59 | 30.84 | +118% | +1% |
How it is calculated — revenue → costs → EBITDA → target market cap
| 1 · Reported baseline (LTM) | |
| LTM revenue | 43 873 |
| LTM EBITDA | 14 312 |
| LTM cash costs (revenue − EBITDA) | 29 561 |
| 2 · Revenue projection | |
| Revenue multiplier — spot | ×1.170 (+17%) |
| = Spot revenue | 51 353 |
| Revenue multiplier — 3y price | ×1.016 (+2%) |
| = 3-year-price revenue | 44 595 |
| 3 · Costs projection | |
| Cost multiplier — spot | ×1.040 (+4%) |
| = Spot cash costs | 30 744 |
| Cost multiplier — 3y price | ×1.040 (+4%) |
| = 3-year-price cash costs | 30 744 |
| 4 · EBITDA projection (revenue − costs) | |
| = Spot EBITDA | 20 609 |
| = 3-year-price EBITDA | 13 852 |
| Conservative EBITDA = min(spot, avg) | 17 230 |
| 5 · Valuation → target market cap | |
| Historical EV/EBITDA (75th pct, realized earnings) | 5.3x |
| Target EV = EV/EBITDA × conservative EBITDA | 90 805 |
| Net debt | 3 148 |
| Target market cap = EV − net debt | 89 535 |
| Current market cap | 82 801 |
Upside = target market cap ÷ current − 1 = +8.1%
Spot model vs reported — what the spot model projected (trailing-LTM base brought to the period × the period's commodity-price move) against the actual report, per reported period (quarter, half-year or full year — per the filer's calendar); amounts in USD mln. green = reported above projection, pink = below.
| Period | Act. rev | Model rev | Δ rev | Act. EBITDA | Model EBITDA | Δ EBITDA |
|---|---|---|---|---|---|---|
| 2021 FY | 31 189 | 23 262 | +34.1% | 9 109 | 6 397 | +42.4% |
| 2022 FY | 48 333 | 36 552 | +32.2% | 16 213 | 13 589 | +19.3% |
| 2023 FY | 38 689 | 45 592 | -15.1% | 12 616 | 12 187 | +3.5% |
| 2024 FY | 40 069 | 37 742 | +6.2% | 11 054 | 10 624 | +4.1% |
| 2025 FY | 37 483 | 38 581 | -2.8% | 10 637 | 8 407 | +26.5% |
Projected EV/EBITDA 8.5x · target 75th pct (3y) 6.1x · LTM avg 5.3x
| Date | Per share | Details | Status | Source |
|---|---|---|---|---|
| 2026-09-04 | 0.435 USD | Ex-dividend: 0.435 USD per share | Paid | Yahoo Finance (ex-div) |
| 2026-06-04 | 0.432 USD | Ex-dividend: 0.432 USD per share | Paid | Yahoo Finance (ex-div) |
| 2026-03-04 | 0.439 USD | Ex-dividend: 0.439 USD per share | Paid | Yahoo Finance (ex-div) |
| 2025-06-04 | 0.415 USD | Ex-dividend: 0.415 USD per share | Paid | Yahoo Finance (ex-div) |
| 2025-03-04 | 0.393 USD | Ex-dividend: 0.393 USD per share | Paid | Yahoo Finance (ex-div) |
| 2024-12-03 | 0.406 USD | Ex-dividend: 0.406 USD per share | Paid | Yahoo Finance (ex-div) |
| 2024-09-04 | 0.402 USD | Ex-dividend: 0.402 USD per share | Paid | Yahoo Finance (ex-div) |
| 2024-06-04 | 0.4 USD | Ex-dividend: 0.4 USD per share | Paid | Yahoo Finance (ex-div) |
| 2024-03-01 | 0.401 USD | Ex-dividend: 0.401 USD per share | Paid | Yahoo Finance (ex-div) |
| 2023-11-30 | 0.401 USD | Ex-dividend: 0.401 USD per share | Paid | Yahoo Finance (ex-div) |
| 2023-08-31 | 0.384 USD | Ex-dividend: 0.384 USD per share | Paid | Yahoo Finance (ex-div) |
| 2023-06-02 | 0.387 USD | Ex-dividend: 0.387 USD per share | Paid | Yahoo Finance (ex-div) |
| 2023-03-02 | 0.382 USD | Ex-dividend: 0.382 USD per share | Paid | Yahoo Finance (ex-div) |
| 2022-12-01 | 0.387 USD | Ex-dividend: 0.387 USD per share | Paid | Yahoo Finance (ex-div) |
| 2022-09-01 | 0.358 USD | Ex-dividend: 0.358 USD per share | Paid | Yahoo Finance (ex-div) |
| 2022-06-02 | 0.371 USD | Ex-dividend: 0.371 USD per share | Paid | Yahoo Finance (ex-div) |
| 2022-03-03 | 0.332 USD | Ex-dividend: 0.332 USD per share | Paid | Yahoo Finance (ex-div) |
| 2021-12-02 | 0.328 USD | Ex-dividend: 0.328 USD per share | Paid | Yahoo Finance (ex-div) |
KASE: status follows wording in the news headline (paid vs intends to pay). Yahoo: amounts are cash dividends per share on ex-dividend dates (UTC calendar date). stockscope.uz (UZ): amounts are per share in UZS by publication date (not necessarily ex-div).
Reporting forms detected in loaded periods: ✓ ✓ ✓ (Balance sheet / Profit or loss (P&L) / Cash flows)
Financial results, valuation multiples (P/E, P/B, EV/EBITDA), profitability and dividend yield of Suncor Energy — from primary filings.
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