Suncor Energy Inc

SU-T

TSE:SU

26.11
0.52 (2.03%)
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.
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Analysis and Opinions about SU-T

Signal
Opinion
Expert
TOP PICK
TOP PICK
March 1, 2021
It just started its seasonal period, which goes to early May. We have seen it perform well. This is a good anchor in a portfolio. It is getting lots of cash flow. They are going to be buying back a lot of stock. (Analysts’ price target is $30.10)
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It just started its seasonal period, which goes to early May. We have seen it perform well. This is a good anchor in a portfolio. It is getting lots of cash flow. They are going to be buying back a lot of stock. (Analysts’ price target is $30.10)
BUY
BUY
February 22, 2021

If oil is going to do better then this one is going to do better. The oil space in Canada is starting to heat up. You have demand coming back and some of the Canadian egress issues are no longer a factor going forward. There are a lot of positives going forward in the space. CNQ-T is also a very solid holding today.

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Suncor Energy Inc (SU-T)
February 22, 2021

If oil is going to do better then this one is going to do better. The oil space in Canada is starting to heat up. You have demand coming back and some of the Canadian egress issues are no longer a factor going forward. There are a lot of positives going forward in the space. CNQ-T is also a very solid holding today.

BUY
BUY
February 9, 2021
There's mass selling in Suncor, rumoured to be the Saudis, and this should be over and will be soon. He expects SU to rally.
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Suncor Energy Inc (SU-T)
February 9, 2021
There's mass selling in Suncor, rumoured to be the Saudis, and this should be over and will be soon. He expects SU to rally.
BUY
BUY
February 8, 2021

The whole reflation trade is a trade. Oil stocks have been beaten down for a while. For a trade, the energy price pop is good. However, as a long term trend, they are not investable since there is a move away from traditional energy. He has no preference between CNQ or SU. He is overweight energy right now.

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Suncor Energy Inc (SU-T)
February 8, 2021

The whole reflation trade is a trade. Oil stocks have been beaten down for a while. For a trade, the energy price pop is good. However, as a long term trend, they are not investable since there is a move away from traditional energy. He has no preference between CNQ or SU. He is overweight energy right now.

COMMENT
COMMENT
February 5, 2021

He would prefer SU for the dividend but there is risk that it will be cut. CNQ is a little more natural gas as well.

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Suncor Energy Inc (SU-T)
February 5, 2021

He would prefer SU for the dividend but there is risk that it will be cut. CNQ is a little more natural gas as well.

PAST TOP PICK
PAST TOP PICK
February 3, 2021
(A Top Pick Feb 03/20, Down 43%) A disappointment. Best of breed, integrated oil company. A slave to the commodity price. Likes the assets, so they continue to hold.
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Suncor Energy Inc (SU-T)
February 3, 2021
(A Top Pick Feb 03/20, Down 43%) A disappointment. Best of breed, integrated oil company. A slave to the commodity price. Likes the assets, so they continue to hold.
BUY
BUY
January 27, 2021

Trades at 8x earnings. They've done a great job keeping costs down and moving to self-driving cars during Covid. Also, it's an integrated company with a great retail network. They're in a good position to manage this difficult time in the oil market. This and CNQ are stable oil businesses in this time, best in this class.

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Suncor Energy Inc (SU-T)
January 27, 2021

Trades at 8x earnings. They've done a great job keeping costs down and moving to self-driving cars during Covid. Also, it's an integrated company with a great retail network. They're in a good position to manage this difficult time in the oil market. This and CNQ are stable oil businesses in this time, best in this class.

PAST TOP PICK
PAST TOP PICK
December 31, 2020
(A Top Pick Oct 01/20, Up 32.9%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with SU is advancing nicely. We recommend trailing the stop up to $17.75 (currently at $13.50). This would all but guarantee a minimum return over 9%.
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Suncor Energy Inc (SU-T)
December 31, 2020
(A Top Pick Oct 01/20, Up 32.9%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with SU is advancing nicely. We recommend trailing the stop up to $17.75 (currently at $13.50). This would all but guarantee a minimum return over 9%.
BUY
BUY
December 29, 2020

It's one of his few core energy names; he's underweight energy. He's added to his position. They won't build any new oil sands plants. They enjoy long-life reserves and low costs. A great, long-term core hold in oil. He also likes Tourmaline and CPG, and pipelines. See also his top picks today.

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Suncor Energy Inc (SU-T)
December 29, 2020

It's one of his few core energy names; he's underweight energy. He's added to his position. They won't build any new oil sands plants. They enjoy long-life reserves and low costs. A great, long-term core hold in oil. He also likes Tourmaline and CPG, and pipelines. See also his top picks today.

SELL STRENGTH
SELL STRENGTH
December 15, 2020
A month and a half ago, it got incredibly inexpensive. SU has been an anchor for many Canadian portfolios for a long time. An incredible business generating a lot of free cash flow. He bought it. He expects the oil price to get better in the coming year, but oil has already had a big move in the past month. SU will recover. But the ESG trend is so strong, pushing up e-cars and pressuring oil, Another factor: the perception that oil will take a long time to recover. If it rises $5-10, he may sell.
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Suncor Energy Inc (SU-T)
December 15, 2020
A month and a half ago, it got incredibly inexpensive. SU has been an anchor for many Canadian portfolios for a long time. An incredible business generating a lot of free cash flow. He bought it. He expects the oil price to get better in the coming year, but oil has already had a big move in the past month. SU will recover. But the ESG trend is so strong, pushing up e-cars and pressuring oil, Another factor: the perception that oil will take a long time to recover. If it rises $5-10, he may sell.
TOP PICK
TOP PICK
December 7, 2020
He bought in October. It was too excessively low. The market always liked its refining assets and this gave it a premium. There is room for the stock to move to $30 in the new year as the economy recovers. (Analysts’ price target is $25.62)
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Suncor Energy Inc (SU-T)
December 7, 2020
He bought in October. It was too excessively low. The market always liked its refining assets and this gave it a premium. There is room for the stock to move to $30 in the new year as the economy recovers. (Analysts’ price target is $25.62)
TOP PICK
TOP PICK
December 4, 2020
One of the beneficiaries of the terrible energy market. It is well managed and capitalized. The largest integrated energy companies in Canada. Focused on expense management. It is planning on increasing cashflow in the next couple years. Yield is around 4%. (Analysts’ price target is $25.41)
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Suncor Energy Inc (SU-T)
December 4, 2020
One of the beneficiaries of the terrible energy market. It is well managed and capitalized. The largest integrated energy companies in Canada. Focused on expense management. It is planning on increasing cashflow in the next couple years. Yield is around 4%. (Analysts’ price target is $25.41)
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.

Showing 1 to 15 of 1,832 entries

Suncor Energy Inc(SU-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 26

Neutral - Hold Signals / Votes : 6

Bearish - Sell Signals / Votes : 15

Total Signals / Votes : 47

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, 47 stock analysts published opinions about SU-T. 26 analysts recommended to BUY the stock. 15 analysts recommended to SELL the stock. The latest stock analyst recommendation is TOP PICK. 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 Brooke Thackray on 2021-03-01. 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?

47 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 2021-03-02, Suncor Energy Inc (SU-T) stock closed at a price of $26.11.