Suncor Energy Inc

SU-T

TSE:SU

22.98
0.97 (4.05%)
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
COMMENT
COMMENT
April 3, 2020
The composition of this ETF has become highly concentrated. Five names account for 78% of its value. CNQ and SU account for most it. Both of those names have rallied well compared to their peers as buyers in the US have been stepping in. However, their hedge books are naked to oil prices right now. He would prefer to own small cap names with good hedge books, if you select the right ones he thinks.
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The composition of this ETF has become highly concentrated. Five names account for 78% of its value. CNQ and SU account for most it. Both of those names have rallied well compared to their peers as buyers in the US have been stepping in. However, their hedge books are naked to oil prices right now. He would prefer to own small cap names with good hedge books, if you select the right ones he thinks.
DON'T BUY
DON'T BUY
April 3, 2020
He had a sensitivity sheet that calculated SU is burning through about $4.1 billion at $30 oil. They would have adequate capacity if they were to cut the dividend -- not 100%, because they would be dropped from the dividend funds. He thinks he could do better in other names. Yield 8.3%
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He had a sensitivity sheet that calculated SU is burning through about $4.1 billion at $30 oil. They would have adequate capacity if they were to cut the dividend -- not 100%, because they would be dropped from the dividend funds. He thinks he could do better in other names. Yield 8.3%
PARTIAL BUY
PARTIAL BUY
March 27, 2020
He thinks pipelines would be safer, although this price level could be a good entry level. This is the go to producer in the energy space. He has a buy recommendation with a $40 target. He would still wait for another couple of weeks to learn more about the impact of COVID-19. Will they cut back the yield? He is not sure. He would suggest buying half of your entry amount here.
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He thinks pipelines would be safer, although this price level could be a good entry level. This is the go to producer in the energy space. He has a buy recommendation with a $40 target. He would still wait for another couple of weeks to learn more about the impact of COVID-19. Will they cut back the yield? He is not sure. He would suggest buying half of your entry amount here.
DON'T BUY
DON'T BUY
March 23, 2020
Oil Companies. The war between Saudi Arabia and Russia may be a concerted effort to put marginal producers out of business. It is an unpredictable battle.
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Oil Companies. The war between Saudi Arabia and Russia may be a concerted effort to put marginal producers out of business. It is an unpredictable battle.
HOLD
HOLD
March 19, 2020
Is the petro Canada station down the street going to be there for the foreseeable future? Of course. This stock is going back to $30 or $40 eventually but this is not the time to get into speculative names. There are going to be a lot of bankruptcies and this is the name that will buy them out at a huge discount.
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Is the petro Canada station down the street going to be there for the foreseeable future? Of course. This stock is going back to $30 or $40 eventually but this is not the time to get into speculative names. There are going to be a lot of bankruptcies and this is the name that will buy them out at a huge discount.
STRONG BUY
STRONG BUY
March 17, 2020
Recommends it despite this horrible oil environment. They are diversified and financially strong. It will survive and one of the few oil names he strongly recommends. However, he isn't sure they should keep the dividend during this virus.
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Recommends it despite this horrible oil environment. They are diversified and financially strong. It will survive and one of the few oil names he strongly recommends. However, he isn't sure they should keep the dividend during this virus.
BUY
BUY
March 16, 2020
Back up the truck now? The stock and earnings held up very well into the Saudi oil shock. This is getting very cheap. It could drop to $16, but only briefly. The upside looks strong.
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Back up the truck now? The stock and earnings held up very well into the Saudi oil shock. This is getting very cheap. It could drop to $16, but only briefly. The upside looks strong.
HOLD
HOLD
March 12, 2020
Nobody knows what the Saudi price is doing and Putin is worrying about himself and trying to be in power for life. SU-T will be a survivor. It has a health dividend that is probably not at risk. The share buy-back program may be at risk. He would not worry about it.
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Nobody knows what the Saudi price is doing and Putin is worrying about himself and trying to be in power for life. SU-T will be a survivor. It has a health dividend that is probably not at risk. The share buy-back program may be at risk. He would not worry about it.
BUY
BUY
March 12, 2020

He owns CNQ instead. These two are the ones you want to own with the volatility in the oil market. They both have the ability to manage through this and have a chance to buy a bunch of assets. The smaller caps are just fighting to live another day. Risk that oil can go lower.

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He owns CNQ instead. These two are the ones you want to own with the volatility in the oil market. They both have the ability to manage through this and have a chance to buy a bunch of assets. The smaller caps are just fighting to live another day. Risk that oil can go lower.

COMMENT
COMMENT
March 11, 2020

Energy stocks? Right now stick to the large, liquid energy stocks. There is growing concern of counter-party credit exposure within the mid-stream and pipeline space. He recommends ENB-T and TRP-T for pipelines and SU-T and CNQ-T for producers, if you want to own any energy stocks. SU-T yield is 7.2%, while CNQ-T is 8.4%. CNQ-T is probably still showing positive cash flow, even at these oil price levels. You may still lose money, but it will be much less than a smaller player.

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Energy stocks? Right now stick to the large, liquid energy stocks. There is growing concern of counter-party credit exposure within the mid-stream and pipeline space. He recommends ENB-T and TRP-T for pipelines and SU-T and CNQ-T for producers, if you want to own any energy stocks. SU-T yield is 7.2%, while CNQ-T is 8.4%. CNQ-T is probably still showing positive cash flow, even at these oil price levels. You may still lose money, but it will be much less than a smaller player.

PAST TOP PICK
PAST TOP PICK
March 10, 2020
(A Top Pick Apr 11/19, Down 34%) You can enter it now during this pullback. Has a 32-year reserve life index. The future price of oil is what matters, and those prices are much higher than the spot price. Suncor will survive this oil shock. Russia and the Saudis will bury the hachet eventually.
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(A Top Pick Apr 11/19, Down 34%) You can enter it now during this pullback. Has a 32-year reserve life index. The future price of oil is what matters, and those prices are much higher than the spot price. Suncor will survive this oil shock. Russia and the Saudis will bury the hachet eventually.
COMMENT
COMMENT
March 6, 2020

Suncor is a good buy, but so is CNQ, he thinks. Both have yields of 5.6% today.

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Suncor is a good buy, but so is CNQ, he thinks. Both have yields of 5.6% today.

HOLD
HOLD
March 4, 2020

Suncor will be a survivor of this energy down turn, but only wants to own one oil sands producer. He prefers CNQ. Suncor has benefited from their refinery assets, but that value uplift is pretty much played out.

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Suncor will be a survivor of this energy down turn, but only wants to own one oil sands producer. He prefers CNQ. Suncor has benefited from their refinery assets, but that value uplift is pretty much played out.

HOLD
HOLD
March 4, 2020
Rose 21% in the past year and pays a 5% dividend. It's the biggest and best oil company in Canada, though western Canadian oil is not a great place to be now. If you own it, hang on. They've been raising their payouts.
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Rose 21% in the past year and pays a 5% dividend. It's the biggest and best oil company in Canada, though western Canadian oil is not a great place to be now. If you own it, hang on. They've been raising their payouts.
BUY WEAKNESS
BUY WEAKNESS
March 3, 2020
The sector is getting battered. Focus on where you're going to be 12 months from now. Likely to see OPEC cut production. Demand in China has come back. Understand your holdings. A long-term investment that's under pressure right now. Companies like Suncor will get through this and still be able to pay their dividend. In a year or two, cuts in US production will cause a shortage in the market. Pick away at it.
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The sector is getting battered. Focus on where you're going to be 12 months from now. Likely to see OPEC cut production. Demand in China has come back. Understand your holdings. A long-term investment that's under pressure right now. Companies like Suncor will get through this and still be able to pay their dividend. In a year or two, cuts in US production will cause a shortage in the market. Pick away at it.
Alex Ruus

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Price
$36.800
Owned
Unknown
Showing 1 to 15 of 1,782 entries

Suncor Energy Inc(SU-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 33

Neutral - Hold Signals / Votes : 17

Bearish - Sell Signals / Votes : 14

Total Signals / Votes : 64

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, 64 stock analysts published opinions about SU-T. 33 analysts recommended to BUY the stock. 14 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.

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

Suncor Energy Inc was recommended as a Top Pick by Eric Nuttall on 2020-04-03. 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?

64 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 2020-04-03, Suncor Energy Inc (SU-T) stock closed at a price of $22.98.