TSE:SU

Suncor Energy Inc (SU.TO)

94.67
-1.32 (1.38%)
as of Sep 2, 2026, 8:00:00 pm Market Open.
1171 watching
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Investor Insights
star iconSep 2, 2026, 12:00 am

This summary was created by AI, based on 16 opinions in the last 12 months.

Suncor Energy Inc (SU) has garnered attention for its significant turnaround under the current management, which has streamlined operations and improved financial performance. Experts note that the company has strong prospects due to its profitable oilsands operations, which are expected to generate cash flow for many years, bolstering both income and growth potential. There is a prevailing optimism about its future, with predictions of substantial upside in stock value, even amidst concerns regarding recent CEO changes. However, there are suggestions to consolidate positions or reassess targets in light of fluctuating oil prices and market conditions, reflecting a cautious yet favorable view on the company's long-term trajectory.

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Consensus
Positive
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Valuation
Fair Value
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Similar
CNQ, CNQ
TOP PICK
It just started its seasonal period, which goes to early May. We have seen it perform well. This is a good anchor in a portfolio. It is getting lots of cash flow. They are going to be buying back a lot of stock. (Analysts’ price target is $30.10)
BUY

If oil is going to do better then this one is going to do better. The oil space in Canada is starting to heat up. You have demand coming back and some of the Canadian egress issues are no longer a factor going forward. There are a lot of positives going forward in the space. CNQ-T is also a very solid holding today.

BUY
There's mass selling in Suncor, rumoured to be the Saudis, and this should be over and will be soon. He expects SU to rally.
BUY

The whole reflation trade is a trade. Oil stocks have been beaten down for a while. For a trade, the energy price pop is good. However, as a long term trend, they are not investable since there is a move away from traditional energy. He has no preference between CNQ or SU. He is overweight energy right now.

COMMENT

He would prefer SU for the dividend but there is risk that it will be cut. CNQ is a little more natural gas as well.

PAST TOP PICK
(A Top Pick Feb 03/20, Down 43%) A disappointment. Best of breed, integrated oil company. A slave to the commodity price. Likes the assets, so they continue to hold.
BUY

Trades at 8x earnings. They've done a great job keeping costs down and moving to self-driving cars during Covid. Also, it's an integrated company with a great retail network. They're in a good position to manage this difficult time in the oil market. This and CNQ are stable oil businesses in this time, best in this class.

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Curated by Allan Tong since 2019.
99+ opinions with 4.15 rating.

TOP PICK
It was a brutal year for the oil business, but an expected wide reopening in late-2021 will revive the daily commute and cars will burn more gasoline. While this will increase pollution, it will raise oil stocks. Suncor remains the leader in this sector, and Bay Street expects a dramatic 23% climb from current shares prices.
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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Oct 01/20, Up 32.9%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with SU is advancing nicely. We recommend trailing the stop up to $17.75 (currently at $13.50). This would all but guarantee a minimum return over 9%.
BUY

It's one of his few core energy names; he's underweight energy. He's added to his position. They won't build any new oil sands plants. They enjoy long-life reserves and low costs. A great, long-term core hold in oil. He also likes Tourmaline and CPG, and pipelines. See also his top picks today.

SELL ON STRENGTH
A month and a half ago, it got incredibly inexpensive. SU has been an anchor for many Canadian portfolios for a long time. An incredible business generating a lot of free cash flow. He bought it. He expects the oil price to get better in the coming year, but oil has already had a big move in the past month. SU will recover. But the ESG trend is so strong, pushing up e-cars and pressuring oil, Another factor: the perception that oil will take a long time to recover. If it rises $5-10, he may sell.
TOP PICK
He bought in October. It was too excessively low. The market always liked its refining assets and this gave it a premium. There is room for the stock to move to $30 in the new year as the economy recovers. (Analysts’ price target is $25.62)
TOP PICK
One of the beneficiaries of the terrible energy market. It is well managed and capitalized. The largest integrated energy companies in Canada. Focused on expense management. It is planning on increasing cashflow in the next couple years. Yield is around 4%. (Analysts’ price target is $25.41)
BUY
The oil company people love to hate. They've had some operational issues, but not to deserve this sentiment. Last week, he doubled his position, selling at bargain rates. Their exposure to gas stations and refineries hurt during the spring lockdown, but that's now done. They're fixing their operational issues. He likes that they're running the syncrude project. Lots of upside here. The market has been way too hard on SU. There could be some tax-selling, so buy then.
COMMENT

CNQ would be better for dividend sustainability. They have less maintenance requirements on their properties, a better run company. There is better inside ownership. He owns both. At $60 oil, CNQ will have 18% free cashflow yield. Suncor has less leverage due to refining exposure.

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