Suncor Energy Inc (SU.TO)

Excellent company - expecting further gains. Technology leader in Athabasca oil sands. Business is too strong to wreck by Canadian Federal government. Excellent for long term shareholders. Very good management with good financial strength. 

Likes both, but their stories differ. SU holds Oil Sands which have a long reserve life. The new executives are doing a great job fixing problems. VRN is a conventional producer in the Duvernay and Montney with shorter reserves. Both are undervalued--though VRN is more likely to go higher, though VRN is more volatile.

A laser-focused, charismatic CEO. Likes it a lot more now than a year ago, boasting an 11% free cash flow yield, but there's much upside.

Cheaper in the space at 5x, other names are more like 6-7x. Q4 beat by 22%, capex was 4% lower. Everything's working. Within the oil space, he'd prefer a CPG, TOU, or a takeover candidate. Look for something with more torque or upside.

A top senior producer in Canada. Are making strides in the last year after years of safety and operation problems. Great managers and solid balance sheet. Their free cash flow payout will go to 100%. Dividend is growing by 5% and has grown for 30 years. They are the most consistent stock in this space and the premium PE is deserved. 

Very strong business with long life assets. Oil sands not risky due to zero exploration risk. Turnaround story with new management team. Improving costs and safety record. Debt levels are falling - good for return of capital to investors. Shareholders will be rewarded going forward. ~5% dividend yield very safe. 

Hard business to model for the long term. Return on invested capital very low. Not a great business. High capital intensity. Price taking nature of business makes outlook for business hard to determine. Better options for investors in the market. 

His preference in the space, over CNQ.

Is hanging on. It remains Canada's dominant oil and gas player. Trades at 8x. Prefers CNQ, but likes this. He's bullish energy for the mid-term. Pays nearly 5% in dividends.

Does not own shares, and prefers CNQ. Believes better options available for investors. Outlook for energy sector is a small rally coming into 2024. 

Sideways chart not a good thing for investors. Will depend on price of oil. Owns shares in company. Good business overall. Has been buying small amount. 

The poster child for carbon haters. No rush to enter this, but SU will continue to pay shareholders well for the rest of their lives. An arbitrage play between the price of oil and natural gas. Likes SU long term, but shares could be depressed due to Canadian politics and interest rates if they rise.

Likes it a lot, its upstream, midstream and downstream operations. They enjoy very long-life reserves in the Oil Sands. The dividend is quite good and it well managed. Seasonal strength happens in December-January, so buy on weakness, and hold long term.

There is a lot of trading going on and it is consolidating at $46 to $48. Wait until it breaks out at $48. There has been a lot of volatility - $39 is your exit price.

Not many people view it as a premier name anymore. Asset base depleting in 10 years, needs to be replenished. New CEO doing a good job. He'd much prefer a MEG, similar valuation on cashflow and with 35 years of reserves.