Execution has always been an issue for them. The streets are worried about their ability so this is why it trades at a discount. Stock is inexpensive at 3.6x cashflow with a 19% free cashflow yield. If you want to stick in the large cap realm, he prefers Cenovus. Could trade at a discount for some time.
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company is integrated so there is less torque to oil prices than pure producers. However, the stock is up 38% in 2021. Debt is being reduced, last quarter results were strong and the outlook is good. Has potential and trades at a 10x earnings valuation. Unlock Premium - Try 5i Free
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company is integrated so there is less torque to oil prices than pure producers. However, the stock is up 38% in 2021. Debt is being reduced, last quarter results were strong and the outlook is good. Has potential and trades at a 10x earnings valuation. Unlock Premium - Try 5i Free
Well-run, have been cutting costs. He owns no energy, and he prefers energy infrastructure like Pembina. Suncor, though, is a good operator, but he's skeptical about the medium-term outlook on oil, because there are countries that are eager to turn on the taps which will add to world supply. For SU, buy on any pullback. The dividend is safe, because they are generating free cash flow due to rising oil prices.
Well-run, have been cutting costs. He owns no energy, and he prefers energy infrastructure like Pembina. Suncor, though, is a good operator, but he's skeptical about the medium-term outlook on oil, because there are countries that are eager to turn on the taps which will add to world supply. For SU, buy on any pullback. The dividend is safe, because they are generating free cash flow due to rising oil prices.
Have not owned large caps until recently and this strategy has helped him outperform the index. Added Cenovus and CNQ recently. Has had operational issues, deaths of workers, and has had problems with ESG. Committed to net zero in the next decades. Canadian oil will increasingly be the highest rated in the world in regards to ESG. Would prefer other names in the large cap names.
Have not owned large caps until recently and this strategy has helped him outperform the index. Added Cenovus and CNQ recently. Has had operational issues, deaths of workers, and has had problems with ESG. Committed to net zero in the next decades. Canadian oil will increasingly be the highest rated in the world in regards to ESG. Would prefer other names in the large cap names.
Ranking : 5 out of 5
Bullish - Buy Signals / Votes : 24
Neutral - Hold Signals / Votes : 4
Bearish - Sell Signals / Votes : 11
Total Signals / Votes : 39
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, 39 stock analysts published opinions about SU-T. 24 analysts recommended to BUY the stock. 11 analysts recommended to SELL the stock. The latest stock analyst recommendation is DON'T BUY. Read the latest stock experts' ratings for Suncor Energy Inc.
Suncor Energy Inc was recommended as a Top Pick by Eric Nuttall on 2021-07-30. 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.
39 stock analysts on Stockchase covered Suncor Energy Inc In the last year. It is a trending stock that is worth watching.
On 2021-08-04, Suncor Energy Inc (SU-T) stock closed at a price of $23.92.
Execution has always been an issue for them. The streets are worried about their ability so this is why it trades at a discount. Stock is inexpensive at 3.6x cashflow with a 19% free cashflow yield. If you want to stick in the large cap realm, he prefers Cenovus. Could trade at a discount for some time.