TSE:SU

Suncor Energy Inc (SU.TO)

96.57
-0.44 (0.45%)
as of Sep 25, 2026, 8:00:00 pm Market Open.
1173 watching
0
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%.)
TOP PICK
With what’s going on in the gulf and in the nuclear industry, it will highlight Canada’s oil patch. Maybe it’s not the best environmental alternative but it is pretty attractive in the political risk and cost structure areas. It was held back because of the Petro Canada merger – people didn’t think it would work and now it turns out it did.
WAIT
Oil has had a huge move and so has SU. If oil retraces, you will see SU fall with the rest of the industry.
TOP PICK
$57.38 Model price. 28% upside. It’s been a pretty good performer since Sept/Oct. It’s the earnings and balance sheet relative to the price.
BUY
Likes it. Thinks it is probably Canada’s best energy play. Also owns CNQ. When oil spiked because of Libya, the world asked Saudi Arabia for more oil and it turns out they can’t produce that much more. No body knows what their reserves are. So he is very happy to own domestic oil.
BUY
Definitely the dividend will be increased. Big cap X program they are in the middle of so he wouldn’t expect more than 10% dividend increase. Expects energy prices are going up longer term and companies are putting a lot of money in the ground now to increase production and hopefully will give it back to shareholders. Yield is around 1%, but a grower.
TOP PICK
Finally broke out of a range. A politically safe source of fossil fuel. 50% from oil sands. Great long-term name to own.
BUY
Is continuing to add to it. Thinks energy prices will continue to be strong. Could grow their dividend. It has pulled back to the trend line but did not break it to the downside. It is one of those core energy stocks you would rally want to have.
PAST TOP PICK
(Top Pick Apr. 19/10, Up 24.4%) Pulled back nicely. Combination of good production growth over a decade and good exposure to oil. Well managed with a good balance sheet. A key holding.
HOLD
Global assets but the important one to him is the oil sands in Northern Alberta. Sees higher cash flows and dividend increases.
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