TSX closed
Loading markets…

Advertisement

Stocks

Why Suncor Energy Inc stock fell yesterday

By Wealth Awesome -

This move is archived. Current quotes and coverage live on the stock page.

Stocks & ETFs:SU.TO

Follow SU

Photos provided by Pexels

Suncor Energy's stock took a hit in yesterday's trading session, reflecting broader market concerns.

Suncor Energy Inc (SU.TO) saw its stock price decline by 2.57%, closing at CA$83.83. This drop comes amid mixed signals in the energy sector, especially as competitors like Imperial Oil Limited lowered their refinery guidance despite reporting strong quarterly results.

Advertisement

Suncor Energy Inc

SU.TO

Full stock page →

SU.TO

Suncor Energy Inc

Source:WealthAwesomeWealthAwesome
↑ $17.87 (21.52%)
120 day period
$75.81$88.35$100.89Apr 20Jul 15Oct 8

Market cap

$119.13B

P/E

13.5x

Div. yield

2.44%

Div. / share

$2.37

52W high

$101.45

52W low

$51.43

1W change

+2.65%

Beta

0.59

Analyst Price Targets

Based on analyst covering SU · as of Oct 9, 2026

📈

Wall Street analysts forecast SU stock price to rise 6.2% over the next 12 months.

Consensus

Moderately Bullish

Based on avg. target vs last close (formal rating unavailable for Canadian listings)

Avg. Target

C$107.10

+6.2% Upside

Previously C$107.40 on Oct 7, 2026

Current Price

C$100.89

Last close

Compare analyst targets →

Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on SU's historical volatility

HistoricalForecast68%95%
C$73.54C$93.53C$113.52C$133.51C$153.50C$173.49TodayJun 2Aug 6Oct 8Nov 20Jan 3Feb 15

30-Day Vol

27.9%

Annualized

90-Day Vol

30.7%

Annualized

Trend (90d)

+50.0%

Annualized drift

90d Mean

C$120.61

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$107.08C$97.24 – C$117.91
60 trading daysC$113.64C$99.16 – C$130.25
90 trading daysC$120.61C$102.07 – C$142.54

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.

Advertisement

Investor takeaway: Investors should be cautious as Suncor's recent performance highlights challenges in the energy market, which could affect future profitability.

2.57% Decline in Suncor's Stock

Suncor's market cap is CA$98.98 billion, showing significant investor interest despite the recent downturn.

Bull case

Suncor has a solid integrated model and has shown resilience in its operations. This strength could help it bounce back if market conditions improve.

Bear case

Recent leadership changes and mixed signals from competitors like Imperial Oil raise concerns about Suncor's operational stability and future growth.

Market Context

Advertisement

The decline in Suncor's stock happened as the S&P/TSX Composite Index slipped from its record high, influenced by weakness in technology stocks that offset gains in the energy sector. This backdrop may have made investors more cautious about Suncor's performance.

Leadership Changes

Recent announcements about leadership transitions at Suncor may have added to investor uncertainty. The upcoming shift in CEO roles has raised questions about operational continuity and the company's strategic direction as it navigates a challenging market landscape.

Competitor Performance

Suncor's stock performance also reflects competitive pressures in the energy sector. Imperial Oil's recent decision to cut refinery guidance, despite strong earnings, suggests potential challenges ahead for integrated energy companies, including Suncor. This mixed outlook could impact investor sentiment moving forward.


Advertisement

Wealth Awesome
Written by

Wealth Awesome

Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.

View Full Profile →

✅ Reviewed by Certified Financial Professionals

This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.

Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.

📊 Data AccuracyVerified sources
🇨🇦 Canadian FocusLocal expertise
🔍 Fact-CheckedEditorial review

⚠️ Professional Disclaimer

This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.

Published: August 10, 2026
Last Updated: August 10, 2026

Core portfolio

Awesome Portfolio™

14.8% a year since 2017, against 9.7% for the S&P/TSX Composite. Ten stocks, easy to manage. We update it once a month.

Annualized

+14.8%

Awesome Portfolio™

+9.7%

S&P/TSX

+5.0 pp better a year

Total return

+254%

Awesome Portfolio™

+134%

S&P/TSX

+119 pp better than the TSX

2017-07-31 to 2026-09-29, dividends reinvested, before fees and tax.

Awesome Portfolio™S&P/TSX CompositeCumulative return · 2017-07-31–2026-09-29
-11.7%42.5%96.7%150.9%205.1%259.3%Jul 17Oct 19Feb 22Jun 24Sep 26

Sponsored links

Advertisement