SU-T
It's hard to compare AQN to SU. He owns CNR and not SU. He is underweight in gas. He does own AQN as well as BIP. Energy pays a good dividend and in a low interest environment, they can do well.
It's in the doghouse and it has been an under-performer. The funds have been flowing towards CNQ. We're at the bottom of the cycle, so there are better companies to buy.
It's in the doghouse and it has been an under-performer. The funds have been flowing towards CNQ. We're at the bottom of the cycle, so there are better companies to buy.
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The stock price reflects a lot of concern and they cut their dividend. It’s currently down 56% ytd. However, the electric trend will take decades and they can convert their 1,500 gas stations to power stations eventually. You get a decent name for a good price. Unlock Premium - Try 5i Free
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The stock price reflects a lot of concern and they cut their dividend. It’s currently down 56% ytd. However, the electric trend will take decades and they can convert their 1,500 gas stations to power stations eventually. You get a decent name for a good price. Unlock Premium - Try 5i Free
Suncor vs. CNQ Both great Canadian energy stocks. He has owned Suncor and currently owns CNQ as his only energy stock. CNQ maintained its dividend throughout the lockdown, while he believes Suncor lowered theirs to protect their balance sheet. He likes CNQ in energy---you still get a nice yield. Suncor and CNQ will do well long term. Suncor will do well if the energy space improves. He owns 3.5-4% energy on the low side, but you don't want to own too much or too little energy. About two years ago, SU's refining assets were doing really well and got a premium valuations, so maybe that's why the stock has unwound recently.
Suncor vs. CNQ Both great Canadian energy stocks. He has owned Suncor and currently owns CNQ as his only energy stock. CNQ maintained its dividend throughout the lockdown, while he believes Suncor lowered theirs to protect their balance sheet. He likes CNQ in energy---you still get a nice yield. Suncor and CNQ will do well long term. Suncor will do well if the energy space improves. He owns 3.5-4% energy on the low side, but you don't want to own too much or too little energy. About two years ago, SU's refining assets were doing really well and got a premium valuations, so maybe that's why the stock has unwound recently.
He would compare it with Canadian Natural Resources which has a greater chance of upside. Suncor wasn't beaten down as much as CNR. They have good free cash flow and executes well. Energy stocks in general are still at risk since institutional money is avoiding the sector.
He would compare it with Canadian Natural Resources which has a greater chance of upside. Suncor wasn't beaten down as much as CNR. They have good free cash flow and executes well. Energy stocks in general are still at risk since institutional money is avoiding the sector.
SU cut their dividend. It is a bellwether energy stock. Refining margins are tough which hurts SU. He owns CNQ instead; it didn't cut its dividend. SU stock is okay now with oil prices in the low-$40s, but could weaked in the fall. He's not adding his energy exposure. The bigger picture is: how much oil do you want in your portfolio. He owns CNQ and recommends that in the mid-$20s. Oil offers decent risk/reward given base demand, but wait till the fall to see if demand declines due to a COVID uptick. Oil depends on whether shale oil receives capital support and shale decline has been the game-changer in the last few months. Overall, SU is fine, but if you're switching into CNQ, now's the time to do it.
SU cut their dividend. It is a bellwether energy stock. Refining margins are tough which hurts SU. He owns CNQ instead; it didn't cut its dividend. SU stock is okay now with oil prices in the low-$40s, but could weaked in the fall. He's not adding his energy exposure. The bigger picture is: how much oil do you want in your portfolio. He owns CNQ and recommends that in the mid-$20s. Oil offers decent risk/reward given base demand, but wait till the fall to see if demand declines due to a COVID uptick. Oil depends on whether shale oil receives capital support and shale decline has been the game-changer in the last few months. Overall, SU is fine, but if you're switching into CNQ, now's the time to do it.
SU vs CPG? During the recovery of energy prices, SU has seen its balance sheet improve dramatically. CPG has worked hard and have improved their debt levels. At current oil price levels, both look okay. If he was putting money into energy, he would prefer going with the heavy weight -- SU.
Ranking : 5 out of 5
Bullish - Buy Signals / Votes : 30
Neutral - Hold Signals / Votes : 11
Bearish - Sell Signals / Votes : 15
Total Signals / Votes : 56
Suncor Energy Inc is a Canadian stock, trading under the symbol SU-T on the Toronto Stock Exchange (SU-CT). It is usually referred to as TSX:SU or SU-T
In the last year, 56 stock analysts published opinions about SU-T. 30 analysts recommended to BUY the stock. 15 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Suncor Energy Inc.
Suncor Energy Inc was recommended as a Top Pick by Ryan Bushell on 2020-09-25. Read the latest stock experts ratings for Suncor Energy Inc.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
56 stock analysts on Stockchase covered Suncor Energy Inc In the last year. It is a trending stock that is worth watching.
On 2020-09-25, Suncor Energy Inc (SU-T) stock closed at a price of $16.63.
