Suncor Energy Inc (SU-T)

They had lots of debt and operational problems, so were in the penalty box. But this integrated has huge long-life reserves. Cash flow is up and pays over 4% dividend and boasts a 100% shareholder return. Excellent balance sheet. Energy is in seasonal strength now.

It is one of the big companies which he owns along with CNQ. It has done a lot with costs and will do well if energy does well.

Surprised it didn't perform better after a sterling quarter. Could be a prime beneficiary if (emphasis here) Trump can revitalize Keystone.

He doesn't generally participate in the E&P space, as it's hard to make decisions based on the underlying commodity price. Bigger picture, still huge demand for Canadian oil and gas on world markets. EVs won't take over anytime soon.

SU had been an underperformer and a laggard. Management changes have resulted in turning things around and improving operations. So now, he'd prefer this to CNQ.

The ZEO ETF recently broke out to new highs. In the group, he likes CNQ, IMO and SU.

A buy for the long term. Likes the dividend yield and return of capital to shareholders. Not the best performer in the market right now, but way outperforming US counterparts.

He owns and likes both. The difference is that SU has downstream operations with gas stations. Cenovus is integrated with long-life reserves in production plus many refineries (which has suffered major compression), so the upstream looks attractive. Both have great balance sheets and free cash flows and pay similar dividends. Another difference: it's unlikely Suncor can be bought whereas maybe Cenovus could. He gives the edge to Suncor.

Pretty core Canadian holding for energy exposure in a growth or dividend portfolio. Great company, well run. Moves in cycles with energy. Energy's popped now with geopolitical tensions. His research sees potential drop in oil price. Good hold, pretty good run. Better opportunities elsewhere for new capital.

Oil prices weak recently, generally gets a little firmer coming into winter. Lots of Middle East conflict. US energy producers in general have performed much worse than Canadian, partly because of debate on whether shale can sustain production. 

Longer term, the sector is attractive and these companies will generate a ton of cash and strong dividend growth. Near-term technical questions. He'd love to see price of oil stabilize. It has in last couple of days, but that's geopolitically driven.

Very good CEO (Rich Kruger). Gifted communicator. Excellent at building culture within company. New projects coming on. Very bullish on company. Would recommend holding. 

Older assets. Base mine nearing end of its useful life. What's next? 100% oil. Refining margins have come down from a previous premium. New CEO doing all the right things. Safety record improving. Paying down debt. Almost at 100% free cashflow being returned to shareholders.

She owns CNQ instead.

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.