TSE:SU

Suncor Energy Inc (SU.TO)

91.22
+1.38 (1.54%)
as of Jul 22, 2026, 8:00:00 pm Market Open.
1170 watching
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Investor Insights
star iconJul 22, 2026, 12:00 am

This summary was created by AI, based on 16 opinions in the last 12 months.

Suncor Energy Inc. (SU-T) has garnered predominantly positive reviews from various experts, highlighting its successful corporate turnaround and solid performance in the challenging oil sands sector. Many emphasize its potential for significant free cash flow, particularly given the long-life reserves it possesses. While there is some caution regarding the oil price's volatility and future market conditions, the general sentiment leans towards a strong long-term outlook, especially if oil prices stabilize or increase. Some analysts compare SU favorably against peers like Cenovus Energy (CVE) and Canadian Natural Resources (CNQ), suggesting that both diversification and share buybacks enhance SU's investment case. Despite a few calls for caution, notably regarding management and current valuation metrics, SU is viewed as a staple in Canadian energy investments, making it a go-to choice for dividend-seeking investors.

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Consensus
Buy
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Valuation
Undervalued
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Similar
Cenovus, CVE
BUY
Has done quite well this year and has outperformed the sector as a whole. Had some operational issues last year in the oil sands but solved it as she expected. Strong operator. If you want to see it back up in the $50’s you’ll have to see a couple of things. 1) Volume growth which they are targeting to do. 2) High crude prices. If crude drops back to $80-$85, cash flow will suffer. She expects crude prices to stay above $90 for the next couple of years.
DON'T BUY
All large cap energy companies in North America ran out of gas several months ago not withstanding the price of oil. This company continues to have operating problems. Now that it owns PetroCanada, it is viewed as a quasi crown corporation. The marginal buyer is the American as Canadians are the major buyers and the American has a lot of other choices.
PAST TOP PICK
(Top Pick Apr 16/10, Up 27.72%) Thinks it is a core position. It becomes about the oil sands. Thinks you might see a slight pullback in energy in the fall or next couple of years.
PAST TOP PICK
(A Top Pick April 19/10. Up 23.82%.) Gives participation in the oil sands as well as upstream and downstream. Could be cash flowing well above $5 in the next couple of years. Still a Buy.
COMMENT
Hard for him to strip all the numbers out of it to get to the real value. Did well and participated with oil but was relatively cheap. Prefers Imperial Oil (IMO-T).
DON'T BUY
(A Top Pick Jan 11/10. Up 10.7 %.) Little concerned about markets until after possibly May-June when we find out what the Fed is going to do regarding quantitative easing. If they don’t, he would prefer to be defensive.
SELL
Had quite a good run and thinks it was primarily US money coming in. Have liked this in the past, but at these prices it is fully priced. A little concerned with higher oil prices as this is an integrated with refineries, which temporarily do well with higher gasoline prices but then margins get squeezed. Would look at a purer oil producer.
COMMENT
Suncor (SU-T) or Cdn Ntrl Res (CNQ-T)? Both have tar sands and conventional oil involvement. This one also has retail distribution plus some international assets. Refining and marketing have not been very good until now. Likes CNQ mix of assets better but this one would be better for the more conservative investor. CNQ would be for the investor looking for growth. (See comments under CNQ))
COMMENT
If oil prices drop, this stock will drop, but is likely to drop less than others. Trading at about 78% of NAV, which is lower than many of the other producers. They are very capital intensive so they could be buffeted by interest rate increases.
COMMENT
If you are looking for a 15% per annum rate of growth, for 2 to 3 years and you are bullish on oil, you will do well.
BUY ON WEAKNESS
Buying oil at this time is a little risky. Would wait for oil to pull back closer to the $100 range. This one hasn’t moved since February. High $30’s or low $40’s would be a much better entry point.
PARTIAL SELL
Have a lot of big projects on hand and has done a great job of repairing its balance sheet, so thinks they will be more likely to retain the current dividend. Doesn’t think investors will increase their energy exposure with an increase in energy prices. Thinks this one has $3 of upside or $6 of downside depending on oil prices. Consider taking some profits.
PAST TOP PICK
(A Top Pick April 6/10. Up 22.75%.) Liked because it had just completed its PetroCanada merger. Synergies have been better than they expected.
PAST TOP PICK
(Top Pick Apr 19/10, Up 29.05%) Oil sands are here to stay. Oil will hang in here in the $90/$100.
PAST TOP PICK
(A Top Pick Dec 18/09. Up 20.24%.)
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