TSE:SU

Suncor Energy Inc (SU.TO)

86.85
-4.16 (4.57%)
as of Jun 5, 2026, 8:00:00 pm Market Open.
1173 watching
0
Investor Insights
star iconJun 6, 2026, 12:00 am

This summary was created by AI, based on 17 opinions in the last 12 months.

Suncor Energy Inc. has garnered positive attention from various analysts who appreciate its solid turnaround under new management and its strong position in the Canadian oil sands sector. Experts highlight the company's potential for significant free cash flow generation over the coming decades due to its long-life reserves and efficient operations. While some analysts express caution regarding short-term oil price fluctuations, the general sentiment leans towards holding the stock for its long-term growth prospects. The company is seen as a stable investment due to its robust dividend policy and ongoing share buybacks. However, comparisons with other Canadian energy firms, particularly CNQ, indicate that while Suncor remains a viable option, it may not necessarily be the top pick for all investors.

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Consensus
Hold
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Valuation
Fair Value
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Similar
CNQ
TOP PICK
In the fall, Suncor actually lagged the performance of the energy space, so he sees there is opportunity to play catch up. Free cash flow is up to $1 billion per year. He expects higher dividends and greater efficiency. Yield 3.91% (Analysts’ price target is $49.53)
BUY
SU vs. CNQ He owns CNQ; with CU, they are the two best-run Canadian oil companies. They've maintained decent share prices as its peers got washed out. SU has benefitted from the diversity of their refining assets when the WTI price differential widened CNQ is a cash-flow machine, decreasing debt and costs. You can own SU or CNQ, not both. CNQ is in a better position of returning shareholder dollars through share buybacks and/or raising the dividend. Caveat: if oil prices rise in 2020, these two giants won't benefit as much as its smaller peers (e.g. WCP) which have fallen further.
DON'T BUY

He would not own it. We just went through the worst bear market for energy stocks. If you had to own energy stocks, you owned SU-T. Now people will use it to raise money to buy mid-caps.

BUY

He owns CNQ, instead. Oil stocks have moved up recently with the oil price. SU has executed well with its acquisitions. The question is where does oil go with people not wanting carbon energy. SU is doing a good job reducing its carbon footprint. Okay to own this for the next while.

BUY
Money seems to want to return to the Canadian oil sector. He owns Suncor and would put more money into it. They are shareholder friendly, paying good dividends and buying back stock.
HOLD
A big holding. SU has held in well in an unloved industry (capex has slid). SU is a core energy holding in Canada. It balance upstream and downstream, so fully integrated. Hold onto it and collect the dividend over 4%. SU will do well going forward. SU will invest in capex yet watch operating expenses. This remains a core holding of his.
BUY
It is a cash machine. They are buying back their shares whenever their stock is cheap. They pay a nice dividend.
DON'T BUY
He does not follow energy companies any more. He won't invest because they can't control the price of oil.
PAST TOP PICK
(A Top Pick Sep 09/19, Up 9%) He likes the oil space and would buy SU now. SU has good volumes.
BUY
The chart is not very good as a cup and handle pattern since July. Where we are now, if we can get through that, then the highs of $45 will be challenged. This will be one of the leaders in the space.
HOLD
Doesn't have a lot in energy, but follows it. If you're going to buy energy, buy this or CNQ. Sector seems to be bottoming out. Stick with the big guys. A capital allocator that you buy and hold for 10 years.
PAST TOP PICK
(A Top Pick Dec 04/18, Up 2%) Top of the heap in a very tough space. But he sees more in the tank--SU remains very undervalued. He feels oil stocks are oversold and due to rise.
TOP PICK
Canada's largest integrated oil company, operates in the Oil Sands--that oil will last 36 years. He likes their upstream assets (Oil Sands), four world-class refineries and 715 gas stations, which insulate SU from steep discounts in heavy crude. SU pays a yield over 4%. Heavy cash flow allows them to break even at $30 oil. Big share buybacks and growing dividend. (Analysts’ price target is $49.40)
COMMENT
SU vs PKI? The two go to stocks in the energy space are CNQ and SU. We are eventually going to have a big consolidation in the energy space, there are too many small players now. SU is a solid company, he would prefer it.
COMMENT
Politically we threw fuel on the fire in a weak commodity market. You have to be positive on the forward energy price to like anything. SU is a safer bet than WCP as they can make money at current prices. He is not sure WCP will be able to benefit. He expects more consolidation of smaller players in this space going forward.
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