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
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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
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.
BUY
Good balance sheet. Trading at decent valuation. Growth of 12%. They beat on EPS. He likes it.
HOLD
Will rail benefit? He thinks rail and the new Alberta government will benefit them. Pipelines are safer, but oil needs to move. SU-T is their primarily holding in the energy space. A fully integrated company that benefits from production and refining. Yield 3.5%.
DON'T BUY
Defensive? Suncor and CNRL are the predominate weights in the Energy Index. Money has been hiding here and inflating valuations. As Suncor is integrated it is defensive, but we are into year 5 of a wicked bear market for energy stocks. New money will not likely go here, it would be attracted to companies at a fraction of the valuation. He would not own it.
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