Suncor Energy (SU) Research & Development (2009 - 2024)
Suncor Energy's Research & Development was $17 million in the quarter ended Jun 30, 2026, up 325.0% from $4 million a year earlier but down 87.5% from the prior quarter.
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Analysis
Suncor Energy (SU) Research & Development (2009 - 2024) Analysis & Trends
On a trailing twelve-month basis, Suncor Energy's Research & Development was $186 million through Jun 30, 2026, up 29.2% year-over-year; for the year ended Dec 31, 2025, it came in at $113.8 million, up 69.4% from the prior year.
- Research & Development has now increased for four consecutive years, though with a five-year compound annual growth rate of -3.9% (years ended Dec 2020 to Dec 2025).
- In earlier years, Research & Development was $67.2 million in the year ended Dec 31, 2024 (+22.5%), $54.85 million in the year ended Dec 31, 2023 (+27.3%), $43.07 million in the year ended Dec 31, 2022 (+14.9%) and $37.5 million in the year ended Dec 31, 2021 (-73.0%).
- Quarterly Research & Development has moved between $4 million (the quarter ended Jun 30, 2025) and $136 million (the quarter ended Mar 31, 2026) over five years.
- Compared with a year earlier, Research & Development has increased for three straight quarters, with growth averaging 57.7% over the last eight quarters.
- The best year-over-year quarter for Research & Development over five years was the quarter ended Mar 31, 2022 (growth of 387.5%); the worst was the quarter ended Jun 30, 2025 (a decline of 73.3%).
- Per Business Quant data, SU's Research & Development in the three quarters before the quarter ended Jun 30, 2026 was $136 million (quarter ended Mar 31, 2026), $27 million (quarter ended Dec 31, 2025) and $6 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 779.83 Bn | 736.31 Bn | - | 155.00 Mn |
| 2 | Chevron | 463.69 Bn | 435.81 Bn | 33.45 Bn | 256.00 Mn |
| 3 | Shell | 319.66 Bn | 179.93 Bn | - | - |
| 4 | TotalEnergies SE | 208.05 Bn | 79.13 Bn | 31,614.00 | 134.00 |
| 5 | Conocophillips | 186.47 Bn | 159.17 Bn | 12.81 Bn | 75.00 Mn |
| 6 | Equinor Asa | 126.28 Bn | 39.13 Bn | - | 311.00 Mn |
| 7 | Canadian Natural Resources | 117.10 Bn | 114.11 Bn | 8.84 Bn | - |
| 8 | Phillips 66 | 111.73 Bn | 95.51 Bn | 10.69 Bn | - |
| 9 | Suncor Energy | 96.42 Bn | 82.16 Bn | - | - |
| 10 | Eni Spa | 91.57 Bn | 31.21 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 10.00 Mn |
| Mar 31, 2024 | 59.00 Mn |
| Dec 31, 2023 | 15.00 Mn |
| Sep 30, 2023 | 10.00 Mn |
| Jun 30, 2023 | 7.00 Mn |
| Mar 31, 2023 | 42.00 Mn |
| Dec 31, 2022 | 5.00 Mn |
| Sep 30, 2022 | 6.00 Mn |
| Jun 30, 2022 | 6.00 Mn |
| Dec 31, 2021 | 16.00 Mn |
| Sep 30, 2021 | 11.00 Mn |
| Jun 30, 2021 | 12.00 Mn |
| Mar 31, 2021 | 8.00 Mn |
| Dec 31, 2020 | 10.00 Mn |
| Sep 30, 2020 | 12.00 Mn |
| Jun 30, 2020 | 25.00 Mn |
| Mar 31, 2020 | 139.00 Mn |
| Dec 31, 2019 | 52.00 Mn |
| Jun 30, 2019 | 76.00 Mn |
| Dec 31, 2018 | 49.00 Mn |
API Access
Suncor Energy Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=SU&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "SU", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=SU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();