===Suncor Energy (SU) reported earnings on Thur 22 Feb 24 (b/o)

Forward Dividend & Yield	1.64 (4.89%)
Ex-Dividend Date	Mar 01, 2024

Suncor Energy beats by CAD0.18, beats on revs; raises dividend 

• Reports Q4 (Dec) earnings of CAD1.26 per share, CAD0.18 better than the FactSet Consensus of CAD1.08; revenues fell 2.3% year/year to CAD13.6 bln vs the CAD13.15 bln FactSet Consensus.
  • Adjusted funds from operations of CAD4.0 billion, including a one-time tax benefit of CAD880 million.
  • Total upstream production of 808,100 barrels of oil equivalent (boe/d); second highest quarter in company history.
  • Best-ever Oil Sands production of 757,400 barrels per day (bbls/d) with upgrader utilization over 100% outside maintenance period.
  • Strong downstream performance with refining throughput of 455,900 bbls/d and utilization at 98%.
• Quarterly dividend per share increased by approximately 5% to CAD0.545 per share.

Earnings this week : Feb 19 - 23, 24 (wk 8)

Monday, February 19, 2024: stock, options, bond markets are closed for Presidents' Day.

Tuesday (Feb 20)

• Morning: ALLE ALE AWI AVNS BCS CNP CHH DAN DBRG DFIN NPO ETRN EXPD FLR GFL HD KBR LGIH MDT MIDD OIS OMI MD SCL SPNS TPH UFPI VC WMT WLK
• Afternoon: ABCL AMPL ANDE BCC BYON CAMT CZR CE CHK CYH CSGP CWK FANG ESI ENVX FLS GMED GPK HALO INST IFF JBT KEYS LZB MATX MTDR MTTR MED NHI NEO KAR PANW PSA O RNG SEDG SPT SUI TDOC TX TOL VNOM WSC WK

Wednesday (Feb 21)

• Morning: AGI ALIT ADI AVA BLCO CLH CSTM EXC XPRO GRMN THRM ROCK GIL GLBE DINO IONS LIVN MPW NI OGE PHIN PLAB PRG PUMP RGEN SSTK TNL UIS UTHR VRSK VRT WKME WING WIX WWW
• Afternoon: ACVA AGR AMK ANSS APA BALY BROS CAKE CCRN CDE CHDN CHRD CPK CWH DOCN ECPG ERII ETSY EXAS FIVN FNF GKOS GSHD HST HUN ICLR JACK JOBY JXN KALU KW LCID LUNG MCW MGRC MOS MRO NDSN NGVT NOVA NVDA NVRO OGS OLO ORA OUT PEB PRDO QTWO RCUS RELY RGR RIVN ROOT RRC RUN SJW SM SNPS TBI TNDM TS UCTT VAC VMEO VMI VTLE WES ZD

Thursday (Feb 22)

• Morning: AMBP AHH ARDX BIGC BRC BLDR CARS LNG CWEN D DRVN ENOV ETR FVRR FCN GNK GRAB HEES HRMY HLMN HNI NTLA IBP ITCI IRM INSM KDP KYMR LNTH LKQ MFA MGPI MRNA NABL NMRK NEM NICE NVCR NTR OPCH PCG PXD PLNT POOL PWR RYTM SU STWD FTI TECK TNK TFX TNC SHYF THRY TRN UPBD W XPEL
• Afternoon: ACA ACCO AEE ALRM ALTM ALTR AMH BBDC BKNG BMRN CABO CHUY COLD COLL CPRT CTRA CVNA DRH EIX ENV EOG EVH EXFY EXPI FND FOXF FTAI GDYN GH HCAT IMOS INDI INTU IRTC LASR LAW LYV LZ MELI MODV MP MRVI NE NOG OII OLED PBA PEN PLYA PODD RHP RKT RMAX SEM SFM SNBR SPXC SQ VCYT VICI VICR VIR WTRG ZIP

Friday (Feb 23)

• Morning: AER BLMN DCBO FYBR GTN HBM LAMR NWN RBA SSP SHO TAC WBD

Unusual Options Activity

The following options are exhibiting notable trading, potentially indicating changing sentiment toward the underlying stocks, and/or potentially representing positioning for increased volatility.

 

Bullish Call Activity:

• MRVL Mar 47.5 calls are seeing interest ahead of earnings tonight after the close (volume: 1770, open int: 40, implied vol: ~163%, prev day implied vol: 127%). Co is presenting at two conferences in March.
• MP Mar 35 calls are seeing interest with the underlying stock down 12% (volume: 1610, open int: 370, implied vol: ~59%, prev day implied vol: 52%). Co is expected to report earnings early May.
• SU Mar 37 calls (volume: 11.6K, open int: 10, implied vol: ~33%, prev day implied vol: 32%). 1700 contracts traded in a single transaction. Co is expected to report early May.
  

Bearish Put Activity:

• UPST Mar 16.5 puts are seeing interest with the underlying stock down 5% (volume: 3570, open int: 280, implied vol: ~112%, prev day implied vol: 101%). 1100 contracts traded in a single transaction. Co is expected to report earnings early May.
• JNJ Mar 150 puts (volume: 2150, open int: 220, implied vol: ~25%, prev day implied vol: 23%). Co is scheduled to present at two conferences in March. Co is confirmed to report earnings April 18 before the open.