Suncor Energy Inc (SU.TO)

Prospects depend on commodity price. Her energy exposure is through pipeline stocks, whose cashflow is more defensive than that of a producer. For yield, go to the pipelines. ESG is a headwind to producers in general.

If it continues to rise, he'll hold on, but if it breaks down to around $37, he'll sell it. It's been sideways since early 2022. 

CEO is great, improving safety and cost-cutting. Main asset depletes around 2035, so they need to address this. Future free cashflow payable to shareholders not as competitive as CNQ or CVE. Trades at a discount. Good leverage to the price of oil. Good upside, but MEG and BTE are still the best for bullish oil.

In oil, buy at home, but Canadians, because they're much cheaper and are more likely to hike dividends like CNQ, Suncor or TOU-T. Great cash flows and buying back shares. Even if oil is above $70, these stocks remain cheap.

2023 has been disappointing compared to 2022. Still seeing 15% free cashflow yield. Yield is 5.3%. OPEC+ are actively trying to keep oil price high. Economic and population growth will result in long-term demand against a backdrop of limited supply. 

Pays a 5.4% yield. Owns CNQ instead. SU was a darling among US investors, but the quality of their assets wasn't good enough to get them through 2020. Probably, though, it's fine from here, but he prefers a natural gas or nat-gas/oil company.

Major correlation to oil price.
Like energy sector with high free cash flow and dividend yields.
Not highest pick for Canadian oil sands companies.
Prefers CNQ and Cenovus. 

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.

It has a new CEO and a dividend of 5%. It is trading at a discount to its peers because of its previous track record. It will be able to increase its dividend so there is upside on returning money to shareholders.

Watch and wait for a bigger pullback. Very depressed valuation, with a new CEO coming in.

Current share price presenting value.
Energy fundamentals strong with under-investment.
Good name for the long term.
Does not believe recession will occur.
Good time to buy.

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%.

He'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%.

It has struggled over the years. It has great assets but they have had difficulty in the execution of operations. The new CEO is putting the emphasis on the work culture and streamlining operations. It is trading at a discount to its peers and pays a good dividend.

Very 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.