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.

consensus icon
Consensus
Hold
valuation icon
Valuation
Fair Value
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Similar
CNQ
DON'T BUY
The earnings were good where they slightly beat. Their cash flow is improving. The 4% dividend is pretty safe. It's not cheap of a stock and trades at a premium. Bottom line, this company will have negative cashflow unless oil prices go up higher. He wouldn't buy here.
HOLD
An integrated major in Canada. If investors ever come back into the energy space, they are going to buy the bigger companies first. Plus it pays just under a 4% dividend. He would not expect a big move higher anytime though. It trades generally between $40-$48.
TOP PICK
Buy below $40; it rarely stays below $40. It's integrated $1 billion of free cash flow, so they can buy back stock and raise the dividend. 12x PE and a 4% dividend. The top way to play energy. (Analysts’ price target is $49.78)
PAST TOP PICK
(A Top Pick Oct 24/18, Down 4%) He'd still buy it today. Not as much torque as in other oil names, but SU is widely held and pays a safe 4% yield. It's the top energy company in Canada, both upstream and downstream. Their refining profits will improve going forward.
TOP PICK
Oil stocks are cheap, providing that at some point oil pricing comes through. This isn't trading far from book value now, and didn't fall to book value when the oil price plunged earlier. Now, the oil price is not there. (Analysts’ price target is $51.41)
DON'T BUY

CNQ and SU He owns no oil stocks, but CNQ and SU are good. He sees no relief for oil stocks after the election, which could result in a coalition government. Doesn't see pipeline problems lifting.

BUY
They need more pipeline capacity to grow. Debt has come down. They will have a massive ability to increase the dividend.
WATCH
They just beat on Q2. They are focusing on higher value production and offshore developments. Should get decent cash flows at 5%, trading at 1.3x with a safe dividend. It’s not particularly cheap, and it’s oil but other than that, it is good name. He wouldn’t buy today at these prices.
HOLD
Now that he is enthusiastic about energy going forward, SU-T is actually relatively expensive to its peers. This may actually cause them to under-perform in the space. If you want the consistent cash flow and decent yield you can continue to hold this for the next 30 years. He has moved out looking for better opportunities.
TOP PICK
A lot of institutional investors own these. They have not done well in the environment we have seen, but the yield is over 4% and they have well integrated operations with some of the best assets in Canada. (Analysts’ price target is $52.87)
HOLD
A core holding. Valuation, long-life reserves. Safe, dividend-oriented, and international interest in it.
TOP PICK
Stocks like this have a history of bouncing back from a sell off. It’s at the low end of its trading range and would be buying it here.
WATCH
It is one of the best looking charts and has not deteriorated as much as some of the others. They are well managed and in a good position. What they need is to get product out of Alberta. You need the oil pricing and that is all.
HOLD

SU vs. CVE. Doesn't love energy so much. Has its challenges, China being one of them. Another being energy pricing. Suncor is coming into a level of support. If he owned it, he'd give it the benefit of the doubt and hold. Might be a buy for a more aggressive investor. Cenovus is off its support level, and attempting a trend. Oil tends to do best in the spring. If we see any kind of a rally around $15, he'd sell.

TOP PICK
If there is a recession, oil probably won't perform well. Dividend yield of about 4.5% is good, and it's not just a commodity price taker. If there is money flow back into Canadian energy, they will be the first to profit.
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