Q3 FFO of $3.14B or $1.93/share dil. matched our estimate and was $0.03/shr ahead of consensus. At strip pricing, SU expects Q4 FFO to be similar to Q3. 2018 guidance was essentially unchanged, except for a $150 mm reduction to the midpoint of current tax expense guidance. Our ‘19e/’20e estimates are essentially unchanged.
02 Nov 2018
SU – 3Q18 financials resilient
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SU – 3Q18 financials resilient
Suncor Energy Inc. (SU:TSE) | 0 0 (-0.3%) | Mkt Cap: 69,601m
- Published:
02 Nov 2018 -
Author:
Michael P. Dunn -
Pages:
10
Q3 FFO of $3.14B or $1.93/share dil. matched our estimate and was $0.03/shr ahead of consensus. At strip pricing, SU expects Q4 FFO to be similar to Q3. 2018 guidance was essentially unchanged, except for a $150 mm reduction to the midpoint of current tax expense guidance. Our ‘19e/’20e estimates are essentially unchanged.