Suncor Energy Inc (SU.TO)

Has done relatively well over the last few years, especially considering the price of oil. Does bump up and down with the oil price. Generally understood that low reserve life will be addressed via acquisition. Safe and secure exposure in the space.

Commodity price has been weak. As well, seeing some rotation out of the large caps. CVE deal with MEG is taking up a lot of investor appetite. Management doing great job. He owns CNQ instead, likes those assets better.

Very well run. His go-to name (along with CNQ) for dividends and energy exposure. Right now, he owns CNQ. Valuations between the two are comparable. CNQ has more flexible capital allocation choices.

New CEO has done a wonderful job making it more efficient. Chris is a cashflow-focused investor. Some of these energy names just gush cash, and they're all keen to return capital to shareholders. Oil price is down, so good time to buy. He prefers CNQ, but SU is a reasonable choice for a dividend-seeking investor.

Safety incidents. New management team has improved operations, and stock's done well. Production is aging, so they're going to have to secure new. Older assets. Yield is ~4%.

Though she doesn't trade, she's going to recommend a switch. Not on short-term valuation metrics, but for a longer-term energy play. And that's CNQ.

Very impressive turnaround under new management team. They're about 1.5 years through their 3-year plan, and ahead of schedule. Exceeded every target set. Deep cultural change is important to highlight. Breakeven (including dividend) has moved into the range of mid-$40 US a barrel.

Returning 100% of FCF to shareholders via dividends and buybacks. Well-integrated, solid model insulates it from low oil price.

A core Canadian energy name, along with CNQ. Still, energy space has been very tough. Prices have been low, OPEC producing more than expected. Regulatory environment in Canada is challenged, as is the macro global economy. 

Definitely continue to hold. Still sees quite a bit of upside. Has done quite well this year, after having safety issues 3-4 years ago. Trying to go more green. Integration gives it nice diversification. One of his core holdings.

(Note the short timeframe.)  Still likes it. Not a Top Pick today because he wasn't allowed to choose the same one again ;)  Great business, fully integrated. Energy's not going away or being consumed less. Buying back lots of stock, low valuation, makes lots of $$.

It has had 6 consecutive quarters of beating expectations. He prefers CNQ with its strong history of consistent growth and 5% dividend which it has been raising for 25 years.

Has made tremendous strides over the last couple of years. BMO's report on insider buying shows highest level in last 5 years, and that speaks volumes. Timing is quite good, with oil showing resistance at $60. Very healthy at under 1x debt to EBITDA.

Look beyond 2025, when tariffs will have been resolved. Energy should bypass a lot of that because of how strategic it is, so we're not going to see a 50% tariff.

Seeing better pricing on crude products from Western Canada, a game-changer for a stock like this. Balance sheet can withstand shocks. Starting to see realistic moves by Canada to open other export markets for energy. Trading at extremely low valuations, time to start picking away at it for the long term. Yield is 4.61%.

He likes the big integrated names, but doesn't own any oil producers now. His team deemed that group as having first-derivative vulnerability to tariffs on volumes and profitability. Premium brand in the space. He's waiting out some of the volatility on the price of oil before getting back in. Nice dividend.

He sold off a bunch of energy names, but retained this one. Concerns about global recession is hitting energy names. He's in the camp of too early to think about a recession, and tariffs will look very different 6-12 months from now. If we see there's no recession, things can turn around quickly.

200-day and 200-week MAs still moving higher, a good sign. Right at 200-week MA today, and that can be massive long-term support for most stocks. If you own, don't sell. If wanting to buy, this might be your chance to look at it. Yield is 5%.

Pretty deep support around $47, right where it is now. Recent chart shows how it went nowhere for a while, so the break is significant. Energy's been hit dramatically.

Has done a great job of taking market focus off of Base Plant mine depletion down the road. It trades at a slight premium to Cenovus, which SU could buy, but he hopes not.