Suncor Energy Inc (SU-T)

Likes it and owned it for many years, but sold last spring to switch to Cenovus. Cenovus trades at a discount compared to some of its refining assets, even after they invested in those assets last year.

Looks pretty attractive. 9/10 on value, 10/10 fundamentally. On her radar. Still runway of ~15% upside from here. Beat latest EPS. Sector has more momentum and run to go. She prefers CNQ.

Increasingly bullish. 45-50% upside. He'd prefer CVE.

He continues to like oil. We won't switch to renewables and ESG for a long time. Meanwhile, these companies are growing and their shares are cheap. Good to hold as inflation continues.

Has been researching company a lot as of late. Very interesting time for the company - balance sheet very strong. ~75% of free cash flow will now be used for share buybacks. Strong dividend with diversified business line. However, very high exposure to oil prices. Would recommend investors buying on weakness. 

High quality, blue chip. Canada's second-largest producer, one of the most integrated. Well run. Bumps along the road, reliance on the commodity can make results volatile. Lagged peers due to safety concerns and need to replace supply. Emphasis on core oil going forward. Thriving under new CEO.

Market-average profitability, strong balance sheet, trades at 10x PE. Likes it here for a buy, add more on a pullback. Nice yield of 4.2%.

They have the Oil Sands, so they don't need to explore for new assets. The management team has turned the corner. They just hit their debt target, returning 75% of free cash flow to shareholders. Pays a good dividend and using buybacks. Should pay 100% returns by the end of 2025. Shares are on sale. They plan to reduce costs to $40/barrel.

Excellent company - expecting further gains. Technology leader in Athabasca oil sands. Business is too strong to wreck by Canadian Federal government. Excellent for long term shareholders. Very good management with good financial strength. 

Likes both, but their stories differ. SU holds Oil Sands which have a long reserve life. The new executives are doing a great job fixing problems. VRN is a conventional producer in the Duvernay and Montney with shorter reserves. Both are undervalued--though VRN is more likely to go higher, though VRN is more volatile.

A laser-focused, charismatic CEO. Likes it a lot more now than a year ago, boasting an 11% free cash flow yield, but there's much upside.

Cheaper in the space at 5x, other names are more like 6-7x. Q4 beat by 22%, capex was 4% lower. Everything's working. Within the oil space, he'd prefer a CPG, TOU, or a takeover candidate. Look for something with more torque or upside.

A top senior producer in Canada. Are making strides in the last year after years of safety and operation problems. Great managers and solid balance sheet. Their free cash flow payout will go to 100%. Dividend is growing by 5% and has grown for 30 years. They are the most consistent stock in this space and the premium PE is deserved. 

Very strong business with long life assets. Oil sands not risky due to zero exploration risk. Turnaround story with new management team. Improving costs and safety record. Debt levels are falling - good for return of capital to investors. Shareholders will be rewarded going forward. ~5% dividend yield very safe. 

Hard business to model for the long term. Return on invested capital very low. Not a great business. High capital intensity. Price taking nature of business makes outlook for business hard to determine. Better options for investors in the market. 

His preference in the space, over CNQ.