Gotta give Elliott credit for their activism on $SU. The magnitude of the operational improvements are crazy. https://t.co/KHCiePhJD7
Gotta give Elliot credit for their activism on $SU. The magnitude of the operational improvements are crazy. https://t.co/RbEHCmX5jp
Suncor Energy $SU has released its quarterly earnings. Revenue of $9.58B (+101,556.23% YoY) misses by $185M. EPS of $1.08 (-4.42% YoY) beats by $0.30.

Suncor Energy $SU has reported its third-quarter (Q3) earnings, showing a revenue of $9.58 billion, which represents a 101,556.23% year-over-year increase but missed estimates by $185 million. The company also reported earnings per share of $1.08, beating estimates by $0.30 but reflecting a 4.42% year-over-year decline. Suncor's strong performance was driven by higher production, leading to the company surpassing profit estimates. Additionally, Suncor announced a dividend increase, and its shares rose 2.18% in premarket trading. The operational improvements credited to Elliott's activism and the recruitment of Rich Kruger have been highlighted as significant factors in the company's turnaround.


