TSE:SU
Suncor Energy Inc (SU.TO)
Financials 
Technical Analysis 
Jun 6, 2026, 12:00 amThis 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.
Good upside potential, nice yield, strong balance sheet. Oil demand isn't going away, despite ESG, making oil availability more difficult. With the Trans Mountain expansion, spread between WTI and WCS is closing, bullish for Canadian oil companies. Yield is 5.14%.
(Analysts’ price target is $51.32)
Ross HealyHe's in trading and defense mode. Great company. Has come down to a probable support point. Time to start accumulating positions. Probably oversold and ready to bounce, and if it doesn't, he only has a 2% position and the company is a big cap, well known name. Yield is 5.29%.
(Analysts’ price target is $52.29)
Keith RichardsVery high quality. Headwinds of safety and production issues. New CEO seems to be a good move. Lots of free cashflow. Increasing impressive dividend, now about 5%. Paying down debt, so balance sheet is strong. Growth strategy in place. Underperformed YTD, but will catch up longer term. Good buy here.
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Premium contentOur PAST TOP PICK with SU has triggered its stop at $40. To remain disciplined, we recommend covering the position at this time. This will result in a net investment loss of 3%, when combined with the previous buy recommendation.
Premium contentOwns shares in portfolio.
Currently the sector is under valued.
Very strong reserve base.
Good management.
Safe dividend yield around 4%.
Would recommend buying.
Stan WongOwns some shares in holdings.
Health and safety improvements will help the company.
Highest payout in any Canadian company (dividends and share buybacks).
Strong balance sheet.
Expecting a 100% return on share price.
Eric NuttallHe wouldn't like to see the company split up. Aggressive US managers are pushing for change. Extremely inexpensive. Continues to recommend. Yield nearly 5%.
Michael SprungInvestors have collectively decided that the banking crisis will cause a hard landing recession and thus a drop in oil demand.
It is certainly one possibility, but it is also possible that it doesn't.
Valuations look good for investors willing to look beyond a few months.
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Eidtor's Note: He does not hold stocks for long. Since his strategy is trading stocks these past picks were made only about a month ago. It is following the same sideways chart as energy stocks in general. He is buying at around $38 for a trade. A breakout trade would be even better. Pays a 5% dividend.