Suncor Energy Inc

SU-T

TSE:SU

22.41
0.00 (0.00%)
Suncor Energy is a Canadian integrated energy company based in Calgary, Alberta. It specializes in production of synthetic crude from oil sands. Suncor ranks number 134 in the Forbes Global 2000 list.
More at Wikipedia

Analysis and Opinions about SU-T

Signal
Opinion
Expert
BUY
BUY
November 27, 2020
The oil company people love to hate. They've had some operational issues, but not to deserve this sentiment. Last week, he doubled his position, selling at bargain rates. Their exposure to gas stations and refineries hurt during the spring lockdown, but that's now done. They're fixing their operational issues. He likes that they're running the syncrude project. Lots of upside here. The market has been way too hard on SU. There could be some tax-selling, so buy then.
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Suncor Energy Inc (SU-T)
November 27, 2020
The oil company people love to hate. They've had some operational issues, but not to deserve this sentiment. Last week, he doubled his position, selling at bargain rates. Their exposure to gas stations and refineries hurt during the spring lockdown, but that's now done. They're fixing their operational issues. He likes that they're running the syncrude project. Lots of upside here. The market has been way too hard on SU. There could be some tax-selling, so buy then.
COMMENT
COMMENT
November 20, 2020

CNQ would be better for dividend sustainability. They have less maintenance requirements on their properties, a better run company. There is better inside ownership. He owns both. At $60 oil, CNQ will have 18% free cashflow yield. Suncor has less leverage due to refining exposure.

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Suncor Energy Inc (SU-T)
November 20, 2020

CNQ would be better for dividend sustainability. They have less maintenance requirements on their properties, a better run company. There is better inside ownership. He owns both. At $60 oil, CNQ will have 18% free cashflow yield. Suncor has less leverage due to refining exposure.

DON'T BUY
DON'T BUY
November 12, 2020

Doesn't hold producers, as oil price not favourable, especially in western Canada. SU doesn't qualify as an income stock, as cashflow of producers is predicated on the commodity price, which can be difficulty to forecast and may trend down. Prefers, and holds, ENB instead.

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Suncor Energy Inc (SU-T)
November 12, 2020

Doesn't hold producers, as oil price not favourable, especially in western Canada. SU doesn't qualify as an income stock, as cashflow of producers is predicated on the commodity price, which can be difficulty to forecast and may trend down. Prefers, and holds, ENB instead.

PAST TOP PICK
PAST TOP PICK
November 5, 2020
(A Top Pick Nov 13/19, Down 60%) Still likes the company. They've controlled what they can such as cutting the dividend. Still financially strong, generates free cashflow at $35 and above, payout ratio is manageable. Stampede into ESG investing has impacted share price. Oil will come back when the economy does. Good entry point here.
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Suncor Energy Inc (SU-T)
November 5, 2020
(A Top Pick Nov 13/19, Down 60%) Still likes the company. They've controlled what they can such as cutting the dividend. Still financially strong, generates free cashflow at $35 and above, payout ratio is manageable. Stampede into ESG investing has impacted share price. Oil will come back when the economy does. Good entry point here.
BUY
BUY
October 26, 2020

He owns CNQ-T instead. It has been a very difficult period for all oil companies. You are seeing bigger and bigger acquisitions happening in the sector. They have done well in buying up businesses that will do well within their company. Their oil sands productions are near normal global emission standards. There is a perception that Canadian oil is really very dirty.

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Suncor Energy Inc (SU-T)
October 26, 2020

He owns CNQ-T instead. It has been a very difficult period for all oil companies. You are seeing bigger and bigger acquisitions happening in the sector. They have done well in buying up businesses that will do well within their company. Their oil sands productions are near normal global emission standards. There is a perception that Canadian oil is really very dirty.

DON'T BUY
DON'T BUY
October 16, 2020
Shorting this has been a good play. There have been operational challenges and there were mine depletions. ESG forces are also a headwind. A well-owned company still being the largest in Canada. If oil prices inflect soon, Suncor will be a beneficiary.
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Suncor Energy Inc (SU-T)
October 16, 2020
Shorting this has been a good play. There have been operational challenges and there were mine depletions. ESG forces are also a headwind. A well-owned company still being the largest in Canada. If oil prices inflect soon, Suncor will be a beneficiary.
PARTIAL BUY
PARTIAL BUY
October 13, 2020
Oil companies are moving towards renewables. SU is underappreciated given its assets. Operating costs for the oil industry are around $15/barrel, so they can still make money even at these oil prices. There are 20-30 years of oil reserves. SU is a good low-cost play for the long term that he's comfortable to hold for the long term.
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Suncor Energy Inc (SU-T)
October 13, 2020
Oil companies are moving towards renewables. SU is underappreciated given its assets. Operating costs for the oil industry are around $15/barrel, so they can still make money even at these oil prices. There are 20-30 years of oil reserves. SU is a good low-cost play for the long term that he's comfortable to hold for the long term.
DON'T BUY
DON'T BUY
October 6, 2020
No matter how great the managers are, commodity companies are at the mercy of others for the pricing of their commodity. Maybe oil bobbles up to $55, then there's a wide wash-out and plunges to $10-15. Then, at some point, commodities will do very, very well in 3+ years. It's going to take some time to work through this oil trough, but it will bounce back.
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Suncor Energy Inc (SU-T)
October 6, 2020
No matter how great the managers are, commodity companies are at the mercy of others for the pricing of their commodity. Maybe oil bobbles up to $55, then there's a wide wash-out and plunges to $10-15. Then, at some point, commodities will do very, very well in 3+ years. It's going to take some time to work through this oil trough, but it will bounce back.
DON'T BUY
DON'T BUY
October 2, 2020
The company is probably still profitable. It did cut the dividend earlier this year. The share price has really been beaten down. If things continue to improve, there may be some major upside, but he would prefer higher quality businesses.
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Suncor Energy Inc (SU-T)
October 2, 2020
The company is probably still profitable. It did cut the dividend earlier this year. The share price has really been beaten down. If things continue to improve, there may be some major upside, but he would prefer higher quality businesses.
TOP PICK
TOP PICK
October 1, 2020
Stockchase Research Editor: Michael O'Reilly We have stayed on the sidelines regarding Canadian energy companies, but the time has come to select SU as a Top Pick. The stock has come under pressure lately from a potential lawsuit regarding a mine outage following a fire in August. We believe the potential litigation is unfounded and opportunistic. The worst of the impact from the pandemic is behind it now. When oil prices recover further heading into normal seasonal winter demand increases, the cashflow outlook will also be revised up. We would trade this with stop-loss at $13.50. Yield 5.23% (Analysts’ price target is $30.32)
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Suncor Energy Inc (SU-T)
October 1, 2020
Stockchase Research Editor: Michael O'Reilly We have stayed on the sidelines regarding Canadian energy companies, but the time has come to select SU as a Top Pick. The stock has come under pressure lately from a potential lawsuit regarding a mine outage following a fire in August. We believe the potential litigation is unfounded and opportunistic. The worst of the impact from the pandemic is behind it now. When oil prices recover further heading into normal seasonal winter demand increases, the cashflow outlook will also be revised up. We would trade this with stop-loss at $13.50. Yield 5.23% (Analysts’ price target is $30.32)
HOLD
HOLD
October 1, 2020
The energy space in Canada is seen quite negatively. You will probably not see an immediate big decline in fossil fuels. Their projects are large and could generate some positive cash flow. The push for renewables is stronger. It is the best in a bad lot.
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Suncor Energy Inc (SU-T)
October 1, 2020
The energy space in Canada is seen quite negatively. You will probably not see an immediate big decline in fossil fuels. Their projects are large and could generate some positive cash flow. The push for renewables is stronger. It is the best in a bad lot.
COMMENT
COMMENT
September 25, 2020

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.

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Suncor Energy Inc (SU-T)
September 25, 2020

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.

DON'T BUY
DON'T BUY
September 18, 2020

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.

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Suncor Energy Inc (SU-T)
September 18, 2020

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.

COMMENT
COMMENT
September 14, 2020
Overall, the sector will be fundamentally under pressure since the world is moving to cleaner energy. The sector is now tradeable but not investable.
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Suncor Energy Inc (SU-T)
September 14, 2020
Overall, the sector will be fundamentally under pressure since the world is moving to cleaner energy. The sector is now tradeable but not investable.
DON'T BUY
DON'T BUY
September 9, 2020
Oil is a sunset industry, not a growth industry. Price of oil volatile. He doesn't like companies that can't set the price of the product they sell. SU has vertical integration, so it's not a bad one to own, but he doesn't like the industry.
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Suncor Energy Inc (SU-T)
September 9, 2020
Oil is a sunset industry, not a growth industry. Price of oil volatile. He doesn't like companies that can't set the price of the product they sell. SU has vertical integration, so it's not a bad one to own, but he doesn't like the industry.
Showing 1 to 15 of 1,820 entries

Suncor Energy Inc(SU-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 32

Neutral - Hold Signals / Votes : 9

Bearish - Sell Signals / Votes : 18

Total Signals / Votes : 59

Stockchase rating for Suncor Energy Inc is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Suncor Energy Inc(SU-T) Frequently Asked Questions

What is Suncor Energy Inc stock symbol?

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

Is Suncor Energy Inc a buy or a sell?

In the last year, 59 stock analysts published opinions about SU-T. 32 analysts recommended to BUY the stock. 18 analysts recommended to SELL the stock. The latest stock analyst recommendation is BUY. Read the latest stock experts' ratings for Suncor Energy Inc.

Is Suncor Energy Inc a good investment or a top pick?

Suncor Energy Inc was recommended as a Top Pick by Norman Levine on 2020-11-27. Read the latest stock experts ratings for Suncor Energy Inc.

Why is Suncor Energy Inc stock dropping?

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.

Is Suncor Energy Inc worth watching?

59 stock analysts on Stockchase covered Suncor Energy Inc In the last year. It is a trending stock that is worth watching.

What is Suncor Energy Inc stock price?

On 2020-11-27, Suncor Energy Inc (SU-T) stock closed at a price of $22.41.