TSE:SU

Suncor Energy Inc (SU.TO)

94.67
-1.32 (1.38%)
as of Sep 2, 2026, 8:00:00 pm Market Open.
1171 watching
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Investor Insights
star iconSep 2, 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 attention for its significant turnaround under the current management, which has streamlined operations and improved financial performance. Experts note that the company has strong prospects due to its profitable oilsands operations, which are expected to generate cash flow for many years, bolstering both income and growth potential. There is a prevailing optimism about its future, with predictions of substantial upside in stock value, even amidst concerns regarding recent CEO changes. However, there are suggestions to consolidate positions or reassess targets in light of fluctuating oil prices and market conditions, reflecting a cautious yet favorable view on the company's long-term trajectory.

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Consensus
Positive
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Valuation
Fair Value
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Similar
CNQ, CNQ
BUY
CNQ-T vs. SU-T. It depends on your appetite for volatility and your expectations for returns. CNQ-T is a bet on oil. SU-T is more defensive but with less upside if you get the timing right on the price of oil. SU-T has a good opportunity to step in.
PAST TOP PICK
(A Top Pick Oct 25/17, Up 2%) Financially strong and well-managed and well-diversified (up and downstream). Solid balance sheet. This could be a consolidator if things get worse in this sector.
TOP PICK
Canada's largest integrated oil company, including long-running assets in the Oil Sands. It's one of the few oil producers he owns. Suncor is insulated from WCS price drops. They own four refineries and 1,750 gas stations. (Analysts’ price target is $59.48)
STRONG BUY
It is a great time to buy. With a refinery they are not impacted to the same differential issues. He thinks oil prices will be supported with growing global demand and he thinks the Canadian heavy oil differentials with tighten next year. Yield 3.5%.
BUY
Enbridge vs. Suncor He's long both. Suncor is the go-to oil player in Canada. Well-managed with good growth. But he's negative on Enbridge, because they're so levered, and the stock has come well off. They are at least starting to sell off assets. They had a good dividend but were paying out over 100% of earnings. Payout ratio and the balance sheet is now a little better. Neither is high-risk.
WEAK BUY
This is a global player in energy. He expects the stock will go mainly sideways. You get a dividend. He would not expect a large appreciation in stock price but should be part of a balanced portfolio.
BUY
This company is throwing off cash like crazy. They have historically raised the dividend. They are down because of differentials. It is getting very cheap. The total return story is attractive. It is probably the best of all the names on the list.
BUY
He doesn't like the energy space, but this is among the best in this sector. Integrated, and well-run, with an upstream and a downstream business. They have more than one way to make money. Boast a solid balance sheet. Good dividend. We are close to the bottom of pessimism about Canadian oil. He's confident about the new CEO.
BUY
If you want more oilsands, less debt and more valuation, go with Suncor. CNQ is less oilsands, slightly more debt, and slightly less valuation. Both are on watch list. They will have tremendous free cash flows in the coming years as the oil differentials tighten. Both are low cost operators. Both are good buys, but would slightly prefer CNQ.
COMMENT
Breaking news: the CEO is stepping down It looks like a regular transition. They just completed the Ft. Hills oil sands deal, so it's likely a good, calm time to change CEOs before things get busier.
TOP PICK
He is bullish short term on energy. You want to buy the best names when you think there will be a bounce back. They have integrated assets which allow them some protection. He has a $67 target price. The dividend is very safe and are buying back a tonne of stock. Yield = 3.3%. (Analysts’ price target is $61.11)
DON'T BUY
Very leveraged to the heavy oil scene and handcuffed by the lack of pipelines. A well-run company and victim of Canadian and American politics, American because they prefer Venezuelan heavy oil as opposed to ours.
WAIT

The integrateds have held up better than the producers, though they have struggled lately. Canada has a huge problem with WCS with its heavy price discount. SU is very low- cost, but you still have to wait well into next year before the lack of capacity (Canadian pipelines) is fixed). This stock is flat, so you're essentially earning only the dividend.

WATCH

He is not positive on the energy complex because it tends not to do well until mid-December. This is the stock he would recommend in this space. Support is about $40. He thinks it will start to rise in mid-December.

TOP PICK

OIl and gas has been under a cloud. SU is now very inexpensive and an excellent buying opportunity. It has some of the best assets in Canada, especially downstream, and is the most profitable refiner. Margins are improving and they are buying back stock. Dividends should improve in the next few years. (3.2% dividend, Analysts price target: $61.63)

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