
TSE:SU
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.
Investors 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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Largest oil sands producer in Canada.
Likes the stock and will continue to hold.
Excellent assets with very long life.
Costs coming down on the operations.
Refining operations also very strong.
Record profits producing large amounts of cash flow.
New management should improve company performance.
Owns 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.