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
BUY
They are in the process of selling of some of the legacy assets. About 75% of assets are now oil sands. Figures they are heading for 90%. Given the passage of time, it will regain more of a premium multiple. (Long term investment)
BUY
He expects oil to stay at a relatively high price. What’s happening in Mexico is good for the price of oil. No new drilling is being allowed. SU is a terrific bargain, although still a ‘show me’ stock.
DON'T BUY
Chart for CNQ looks better than this one. If stock moved up to $35 he would change his mind.
BUY
The price of oil is going up and down like a yoyo today. Bi companies like SU follow oil on an interim day basis. This is a great time to buy. What’s going on in the gulf makes SU look good. They may not have the most environmentally benign process in the world, but it looks good. He is buying it.
DON'T BUY
Has owned it and made money on it. Acquisition of Petro Can made it more interesting and they did a good job of selling off assets. Good quality company. Longer term it is a good company. Short term it is a little volatile because of oil prices. He has eliminated most of it and moved to Cenovus because of better prospects of raising the dividend.
BUY
Seeing the benefits of the merger. What’s going on in the gulf is not going to affect them. You are going to experience the benefit of the value of the oil sands.
PAST TOP PICK
(Top Pick Dec 18/09, Down 9.56%)
TOP PICK
Generally speaking, oil has lagged the market recovery so expects they will go quite a bit higher. Had problems with fire. Integration with Petrocan has not gone as well as people had hoped. April numbers where incredibly strong so it looks like they have finally turned the corner. Superlative management team and one of the best reservoirs. Long reserve life.
TOP PICK
$41.62 is his model price. A 35% upside. In the Canadian market, oils have a lot of value in them.
COMMENT
There is quite a lot of oil available. The proof of that is the disaster in the Gulf has not pushed oil to $90.
COMMENT
Very leveraged to oil. Since acquisition of Petrocan they have been selling assets and using proceeds to pay down debt and funding of CapX to expand their oil sands. If you like exposure to crude, this is a great play.
BUY
Planning on growing their production 10% a year. Not a bad time to step in. They are over their worst. If oil stabilizes it will go back to $33 and has to be worth $45-50.
TOP PICK
Likes oil sands which is a long-term sustainable source of oil. This is one of the better oil sands players with good quality assets. Acquired Petrocan and has gone through some integration processes with some pain. Overcoming the integration problems and selling off some assets.
DON'T BUY
(Market Call Minute.) Doesn't like this one. But a very different company when they got Petrocan, which he didn't like anyway. A lot of execution risks.
BUY
All global senior oil has pulled back today. Likes oil sands longer-term. Low-cost. Doing a good job on fairly aggressive selling of non-core Petrocan assets. Earnings this year will be relatively flat and will start to rise substantially in 2011. Anytime it is at this price, it is a buy.
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