TSE:SU

Suncor Energy Inc (SU.TO)

91.23
+2.11 (2.37%)
as of Aug 13, 2026, 8:00:00 pm Market Open.
1171 watching
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Investor Insights
star iconAug 13, 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 a range of opinions from experts, primarily focused on its recent turnaround under new management. Many reviewers commend the operational improvements and the company’s ability to generate free cash flow, especially in the context of Canada's oil sands being seen as crucial assets with long reserve lives. While there are concerns about the stock's recent performance and the impact of leadership changes, several analysts still demonstrate confidence in the company’s growth potential, citing a possible 40% upside in the next two years. Furthermore, Suncor is viewed as a stable investment with solid dividends, although some experts have a preference for Canadian Natural Resources Limited (CNQ) based on price and valuation aspects. Overall, many express optimism for Suncor's future trajectory, suggesting it remains a viable option for investors looking for energy sector exposure.

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Consensus
Positive
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Valuation
Fair Value
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Similar
CNRL, CNQ
COMMENT
Strategy or option plans in Canadian energy? Canadian oil is more volatile than the overall market. Look for big oil names that are very liquid, so you can trade options. Look at Suncor for a covered call, but don't expect growth prospects in oil stocks. There'll be headwinds, namely the growth of e-cars. We won't see $100 oil again.
COMMENT

He does not own SU-T and remains underweight in energy. If the US dollar weakens, this could result in a higher oil price and good value for SU-T. There are just too many secular issues that are beyond the company's control. He owns VET-T because of its international assets.

COMMENT

Aside from Enbridge, he owns no energy, because he can't predict the price of oil due to geopolitics. If he were to buy oil, SU is one of two stocks he'd consider (and CNQ). SU is very good at capital allocation. A great production company. SU is as safe as you can get for an oil patch company.

BUY
This and CNQ-T are the two trophy stocks in Canada. The company is a cash generating machine. If you are looking for total return then stay with it. You will see good returns if you are patient.
TOP PICK
The recent retracement back towards $40 is enticing, especially ahead of the usual seasonal rally. He would love to see more buying volume coming in to confirm the timing. Yield 4.01% (Analysts’ price target is $54.24)
DON'T BUY
He holds zeo gas exploration, but if he had to own one, it would be this for its integration. The Oil Sands are a costly asset as the world moves away from fossil fuels. Oil prices may not reach the highs of a few years ago. He doesn't like commodities, because the market tells you what that commodity is worth. He doesn't like price-takers, but price-makers (like airlines).
PAST TOP PICK
(A Top Pick Jun 28/18, Down 19%) He has been disappointed. They don't have control over oil price. operationally they have grown their earnings 2% YoY and production is up 11% YoY. Their refineries are running very well. Great operator. 40 years + reserves. Best of breed integrated oil company.
PARTIAL SELL
One of the few Canadian companies he'd include in a group of oil companies, as they're so big. If you own it, be cautious because of oil prices and the slowing world economy. If you're overweight, definitely take money off. In a rebound, SU is the first place money will drift in.
DON'T BUY

There is a black cloud over the energy sector. Until the market starts to care about this sector, he is avoiding the energy market. It seems like real value does not matter any more in this sector. He may look at something with a higher yield such as VET

COMMENT
He is bearish on commodities and has been for several years now. Last few years has been considerable underweight to commodities. He has held Suncor however, to get exposure to energy. This is a conservative way if looking to have exposure to energy. Again, need to look at over all portfolio from a sector perspective.
TOP PICK
Integrated is helpful as it is kind of a pass-through. Downside protection if oil goes down. Like a billion dollar in free cash flow. P/E is 12 and dividend yield is 4%. Toe in the water in the energy sector but in a chicken kind of way. (Analysts’ price target is $54.50)
COMMENT
CNQ vs SU Both have excellent management teams and are generating free cash flow. Both pay dividends. CNQ-T does not have refining assets. Both are the go to names for investors out of Canada. On a value basis, neither are great value right now. There are more exciting names to own.
TOP PICK
It generates $10 billion in cash flow -- $6 billion into developing the resources, the rest is free cash flow. Yield 3.91% (Analysts’ price target is $54.50)
BUY
Likes it. Very well run. Thinks energy prices are sustainable at these levels. Nice consistent long-term cash flows. Attractive long-term investment. But realize that it's going to go up and down with the oil/gas quote. Nice dividend, decent valuations.
PAST TOP PICK
(A Top Pick Feb 08/19, Up 1%) Played it for the seasonal trade. Came up to the 200-day moving average twice, and rolled over. So he got out. January - May is the optimal time to own. Might have a secondary run in July, August, September.
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