Suncor vs Imperial Oil

This page compares Suncor Energy Inc. and Imperial Oil Ltd., examining how their business models, financial performance, and market context differ and align. You will find neutral, accessible discussions of strategy, operations, and competitive landscape, designed to help readers understand the context without advocacy. Educational content, not financial advice.

This page compares Suncor Energy Inc. and Imperial Oil Ltd., examining how their business models, financial performance, and market context differ and align. You will find neutral, accessible discussi...

Comparison Snapshot

Key Financial Metrics

SU

Metric

IMO

$61.49B

Market Cap

$49.12B

-19.14%

Potential Profit

-49.64%

Hold

Analyst Rating

Hold

Why It's Moving

JP Morgan Upgrades Suncor Energy to Overweight, Fueling Bullish Momentum

JP Morgan's upgrade reflects optimism on Suncor's integrated oil sands operations and potential for improved profitability in a stable energy market.
Stock rose 1.30% on January 23 to $69.61, bucking a short-term dip and aligning with a strong rising trend projecting 11.78% upside over three months.
Recent institutional buying, including Dodge & Cox increasing its stake, underscores growing fund interest ahead of Q4 earnings release.

Sentiment:

🐃Bullish

Imperial Oil Charts Ambitious 2026 Roadmap with Production Surge and Cash Flow Boost

Forecasts total production of 441,000-460,000 boe/d, fueled by Kearl ramping to 285,000-295,000 bbl/d and Cold Lake to 152,000-160,000 bbl/d, signaling robust operational momentum.
Capital expenditures set at C$2-2.2 billion, balancing growth investments with cost efficiencies to structurally lift cash flows and shareholder returns.
Advances sustainability via renewable diesel production and emissions projects, strengthening resilience against tightening regulations.

Sentiment:

🐃Bullish

JP Morgan Upgrades Suncor Energy to Overweight, Fueling Bullish Momentum

JP Morgan's upgrade reflects optimism on Suncor's integrated oil sands operations and potential for improved profitability in a stable energy market.
Stock rose 1.30% on January 23 to $69.61, bucking a short-term dip and aligning with a strong rising trend projecting 11.78% upside over three months.
Recent institutional buying, including Dodge & Cox increasing its stake, underscores growing fund interest ahead of Q4 earnings release.

Sentiment:

🐃Bullish

Imperial Oil Charts Ambitious 2026 Roadmap with Production Surge and Cash Flow Boost

Forecasts total production of 441,000-460,000 boe/d, fueled by Kearl ramping to 285,000-295,000 bbl/d and Cold Lake to 152,000-160,000 bbl/d, signaling robust operational momentum.
Capital expenditures set at C$2-2.2 billion, balancing growth investments with cost efficiencies to structurally lift cash flows and shareholder returns.
Advances sustainability via renewable diesel production and emissions projects, strengthening resilience against tightening regulations.

Sentiment:

🐃Bullish

Investment Analysis

Suncor

SU

Pros

Suncor Energy reported a strong Q3 2025 with EPS of $1.05, beating forecasts by 25%, and revenue of $8.91 billion, exceeding estimates.
The company achieved record upstream production, bitumen production, refining throughput, and an 8% growth in retail sales year-on-year.
Suncor’s stock trades at a relatively attractive P/E ratio of around 13 and is considered undervalued compared to fair value assessments.

Considerations

Suncor has a relatively high debt-to-equity ratio of 33.35, which could increase financial risk amid rising interest rates.
The company’s quick ratio of 0.83 may indicate limited liquidity to cover short-term obligations, raising financial health concerns.
Despite positive earnings and upgrades, recent trading performance shows some volatility and underperformance relative to its 52-week high.

Imperial Oil

IMO

Pros

Imperial Oil is a major Canadian integrated energy company with significant operations in exploration, production, and refining.
The company benefits from stable market positions in Canadian oil and gas sectors and partnership synergies improving operational efficiency.
Imperial Oil tends to maintain solid cash flows and investment in technology development to support long-term production growth.

Considerations

Imperial Oil faces risks from fluctuating commodity prices that directly affect cash flow and profitability in a volatile global energy market.
Regulatory and environmental compliance pressures in Canada could increase capital expenditure and operational costs.
The company's growth is exposed to execution risks related to large capital projects and the evolving energy transition landscape.

Related Market Insights

Canada's Domestic Champions: Your Shield Against Trade War Chaos

Invest in Canada's domestic champions. These companies offer a strategic shield from trade war volatility & could benefit from Bank of Canada rate cuts.