Suncor Energy Inc

SU-T

TSE:SU

16.43
1.54 (8.57%)
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
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
PAST TOP PICK
PAST TOP PICK
February 19, 2020
(A Top Pick Feb 25/19, Down 6%) Don't get greedy and wait for more carnage in the oil space, but start nibbling. He sees a rebound in the price of crude in Q2 and the summer, actually. He may add to his position in coming weeks.
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Suncor Energy Inc (SU-T)
February 19, 2020
(A Top Pick Feb 25/19, Down 6%) Don't get greedy and wait for more carnage in the oil space, but start nibbling. He sees a rebound in the price of crude in Q2 and the summer, actually. He may add to his position in coming weeks.
BUY
BUY
February 11, 2020

Suncor vs. Pembina Investor sentiment for oil is very weak, but Suncor is among the better performers in the last decade because their Oil Sands assets have such a long life that they don't have to keep investing money each year to maintain that production. Ultimately, Canada needs to see takeaway capacity to improve. He owns Pembina which is not as directly effected by the oil price. Suncor is an oil play; Pembina is an income play. Either one is fine.

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Suncor Energy Inc (SU-T)
February 11, 2020

Suncor vs. Pembina Investor sentiment for oil is very weak, but Suncor is among the better performers in the last decade because their Oil Sands assets have such a long life that they don't have to keep investing money each year to maintain that production. Ultimately, Canada needs to see takeaway capacity to improve. He owns Pembina which is not as directly effected by the oil price. Suncor is an oil play; Pembina is an income play. Either one is fine.

DON'T BUY
DON'T BUY
February 7, 2020
A huge integrated oil company with production in the oil sands. Not currently held in his portfolio. The dividend is secure with a payout ratio of only 24%. The company is free cash flow positive. Earnings are expected to grow 5%. Overall, he has better candidates for yield with better growth potential. Yield 4.3%
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Suncor Energy Inc (SU-T)
February 7, 2020
A huge integrated oil company with production in the oil sands. Not currently held in his portfolio. The dividend is secure with a payout ratio of only 24%. The company is free cash flow positive. Earnings are expected to grow 5%. Overall, he has better candidates for yield with better growth potential. Yield 4.3%
BUY WEAKNESS
BUY WEAKNESS
February 6, 2020

Issue for the oil industry is that they have to continue to explore, pay their large dividends, and decarbonize themselves. Great company. Bigger issue is how they become less carbon intensive. If they don't, they'll be starved for capital. Suncor's making an effort in these areas. You can hold it for the dividend. He owns CNQ instead.

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Suncor Energy Inc (SU-T)
February 6, 2020

Issue for the oil industry is that they have to continue to explore, pay their large dividends, and decarbonize themselves. Great company. Bigger issue is how they become less carbon intensive. If they don't, they'll be starved for capital. Suncor's making an effort in these areas. You can hold it for the dividend. He owns CNQ instead.

COMMENT
COMMENT
February 4, 2020
Does it matter which party wins the US election to benefit the Oil Sands? He owns no oil stocks, but he thinks Suncor is the best of the bunch. They have integrated downstream and retail. Oil is a sunset industry. The world is against oil. He thinks the TransMountain will get built, but he still wouldn't own oil.
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Suncor Energy Inc (SU-T)
February 4, 2020
Does it matter which party wins the US election to benefit the Oil Sands? He owns no oil stocks, but he thinks Suncor is the best of the bunch. They have integrated downstream and retail. Oil is a sunset industry. The world is against oil. He thinks the TransMountain will get built, but he still wouldn't own oil.
TOP PICK
TOP PICK
February 3, 2020
It is the largest integrated oil company in Canada and the largest operator in the oil sands with its 31 year life expectancy. They have been able to grow their dividend meaningfully. (Analysts’ price target is $50.01)
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Suncor Energy Inc (SU-T)
February 3, 2020
It is the largest integrated oil company in Canada and the largest operator in the oil sands with its 31 year life expectancy. They have been able to grow their dividend meaningfully. (Analysts’ price target is $50.01)
BUY
BUY
January 21, 2020
Oil is a difficult space, but SU is building a base around $40. Strategy: buy the strongest stock in a struggling sector, which is SU. SU has the balance sheet to pick up cheap assets.
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Suncor Energy Inc (SU-T)
January 21, 2020
Oil is a difficult space, but SU is building a base around $40. Strategy: buy the strongest stock in a struggling sector, which is SU. SU has the balance sheet to pick up cheap assets.
BUY WEAKNESS
BUY WEAKNESS
January 10, 2020

oil Oil is tricky. It's a broken market that may or may not be coming back. Some have returned to gold too early. Over the decades, oil has risen and fallen largely due to spin (i.e. Peak Oil). He picks up a little oil when the stocks get cheap. Oil is a messy space. Of the juniors, WCP is his favourite. SU-T is the senior one he likes. But he really likes Advantage (but they deal in natural gas, not oil).

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Suncor Energy Inc (SU-T)
January 10, 2020

oil Oil is tricky. It's a broken market that may or may not be coming back. Some have returned to gold too early. Over the decades, oil has risen and fallen largely due to spin (i.e. Peak Oil). He picks up a little oil when the stocks get cheap. Oil is a messy space. Of the juniors, WCP is his favourite. SU-T is the senior one he likes. But he really likes Advantage (but they deal in natural gas, not oil).

HOLD
HOLD
January 9, 2020
The energy space is really tough. She likes things that are in management's control, which it is not here. There is growing interest in the energy space which has been left for dead. It will trade up with the whole group. They can grow cash flow without having the have the commodity grow and that is why she holds it.
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Suncor Energy Inc (SU-T)
January 9, 2020
The energy space is really tough. She likes things that are in management's control, which it is not here. There is growing interest in the energy space which has been left for dead. It will trade up with the whole group. They can grow cash flow without having the have the commodity grow and that is why she holds it.
TOP PICK
TOP PICK
January 8, 2020
It does not hurt to have a major integrated player. There will be some noise going forward as they have had some unplanned outages. Their production forecasts are a little lower than analysts expected and their capex requirements were a bit higher. A solid company that generates significant free cash flow -- they hope to increase that by $2 billion. The most broadly owned energy stock in Canada. Yield 3.8% (Analysts’ price target is $49.64)
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Suncor Energy Inc (SU-T)
January 8, 2020
It does not hurt to have a major integrated player. There will be some noise going forward as they have had some unplanned outages. Their production forecasts are a little lower than analysts expected and their capex requirements were a bit higher. A solid company that generates significant free cash flow -- they hope to increase that by $2 billion. The most broadly owned energy stock in Canada. Yield 3.8% (Analysts’ price target is $49.64)
BUY
BUY
January 8, 2020

He owns CNQ that and SU are the top two large energy companies. SU continues to buyback shares and raise their dividend. They've made astute acquisitions. SU is also increasing cash flow. But they're under pressure from climate change. SU will continue to cut costs, increase cash flow and raise their dividend. A great company and well-run.

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Suncor Energy Inc (SU-T)
January 8, 2020

He owns CNQ that and SU are the top two large energy companies. SU continues to buyback shares and raise their dividend. They've made astute acquisitions. SU is also increasing cash flow. But they're under pressure from climate change. SU will continue to cut costs, increase cash flow and raise their dividend. A great company and well-run.

COMMENT
COMMENT
January 6, 2020
CNQ-T vs. SU-T. He thinks we are at the point where we have peak demand for carbon-based energy. By 2025 every car manufacturer will at least have a hybrid. There will always be at last a little demand for carbon-based energy. Right now we are generating more energy from solar than from coal, so we are moving in the right direction. He is indifferent to the two stocks.
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Suncor Energy Inc (SU-T)
January 6, 2020
CNQ-T vs. SU-T. He thinks we are at the point where we have peak demand for carbon-based energy. By 2025 every car manufacturer will at least have a hybrid. There will always be at last a little demand for carbon-based energy. Right now we are generating more energy from solar than from coal, so we are moving in the right direction. He is indifferent to the two stocks.
TOP PICK
TOP PICK
January 3, 2020
In the fall, Suncor actually lagged the performance of the energy space, so he sees there is opportunity to play catch up. Free cash flow is up to $1 billion per year. He expects higher dividends and greater efficiency. Yield 3.91% (Analysts’ price target is $49.53)
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Suncor Energy Inc (SU-T)
January 3, 2020
In the fall, Suncor actually lagged the performance of the energy space, so he sees there is opportunity to play catch up. Free cash flow is up to $1 billion per year. He expects higher dividends and greater efficiency. Yield 3.91% (Analysts’ price target is $49.53)
BUY
BUY
December 31, 2019
SU vs. CNQ He owns CNQ; with CU, they are the two best-run Canadian oil companies. They've maintained decent share prices as its peers got washed out. SU has benefitted from the diversity of their refining assets when the WTI price differential widened CNQ is a cash-flow machine, decreasing debt and costs. You can own SU or CNQ, not both. CNQ is in a better position of returning shareholder dollars through share buybacks and/or raising the dividend. Caveat: if oil prices rise in 2020, these two giants won't benefit as much as its smaller peers (e.g. WCP) which have fallen further.
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Suncor Energy Inc (SU-T)
December 31, 2019
SU vs. CNQ He owns CNQ; with CU, they are the two best-run Canadian oil companies. They've maintained decent share prices as its peers got washed out. SU has benefitted from the diversity of their refining assets when the WTI price differential widened CNQ is a cash-flow machine, decreasing debt and costs. You can own SU or CNQ, not both. CNQ is in a better position of returning shareholder dollars through share buybacks and/or raising the dividend. Caveat: if oil prices rise in 2020, these two giants won't benefit as much as its smaller peers (e.g. WCP) which have fallen further.
DON'T BUY
DON'T BUY
December 19, 2019

He would not own it. We just went through the worst bear market for energy stocks. If you had to own energy stocks, you owned SU-T. Now people will use it to raise money to buy mid-caps.

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Suncor Energy Inc (SU-T)
December 19, 2019

He would not own it. We just went through the worst bear market for energy stocks. If you had to own energy stocks, you owned SU-T. Now people will use it to raise money to buy mid-caps.

BUY
BUY
December 19, 2019

He owns CNQ, instead. Oil stocks have moved up recently with the oil price. SU has executed well with its acquisitions. The question is where does oil go with people not wanting carbon energy. SU is doing a good job reducing its carbon footprint. Okay to own this for the next while.

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Suncor Energy Inc (SU-T)
December 19, 2019

He owns CNQ, instead. Oil stocks have moved up recently with the oil price. SU has executed well with its acquisitions. The question is where does oil go with people not wanting carbon energy. SU is doing a good job reducing its carbon footprint. Okay to own this for the next while.

BUY
BUY
December 18, 2019
Money seems to want to return to the Canadian oil sector. He owns Suncor and would put more money into it. They are shareholder friendly, paying good dividends and buying back stock.
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Suncor Energy Inc (SU-T)
December 18, 2019
Money seems to want to return to the Canadian oil sector. He owns Suncor and would put more money into it. They are shareholder friendly, paying good dividends and buying back stock.
HOLD
HOLD
December 3, 2019
A big holding. SU has held in well in an unloved industry (capex has slid). SU is a core energy holding in Canada. It balance upstream and downstream, so fully integrated. Hold onto it and collect the dividend over 4%. SU will do well going forward. SU will invest in capex yet watch operating expenses. This remains a core holding of his.
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Suncor Energy Inc (SU-T)
December 3, 2019
A big holding. SU has held in well in an unloved industry (capex has slid). SU is a core energy holding in Canada. It balance upstream and downstream, so fully integrated. Hold onto it and collect the dividend over 4%. SU will do well going forward. SU will invest in capex yet watch operating expenses. This remains a core holding of his.
BUY
BUY
November 21, 2019
It is a cash machine. They are buying back their shares whenever their stock is cheap. They pay a nice dividend.
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Suncor Energy Inc (SU-T)
November 21, 2019
It is a cash machine. They are buying back their shares whenever their stock is cheap. They pay a nice dividend.
DON'T BUY
DON'T BUY
November 19, 2019
He does not follow energy companies any more. He won't invest because they can't control the price of oil.
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Suncor Energy Inc (SU-T)
November 19, 2019
He does not follow energy companies any more. He won't invest because they can't control the price of oil.
PAST TOP PICK
PAST TOP PICK
November 19, 2019
(A Top Pick Sep 09/19, Up 9%) He likes the oil space and would buy SU now. SU has good volumes.
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Suncor Energy Inc (SU-T)
November 19, 2019
(A Top Pick Sep 09/19, Up 9%) He likes the oil space and would buy SU now. SU has good volumes.
BUY
BUY
November 14, 2019
The chart is not very good as a cup and handle pattern since July. Where we are now, if we can get through that, then the highs of $45 will be challenged. This will be one of the leaders in the space.
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Suncor Energy Inc (SU-T)
November 14, 2019
The chart is not very good as a cup and handle pattern since July. Where we are now, if we can get through that, then the highs of $45 will be challenged. This will be one of the leaders in the space.
HOLD
HOLD
November 14, 2019
Doesn't have a lot in energy, but follows it. If you're going to buy energy, buy this or CNQ. Sector seems to be bottoming out. Stick with the big guys. A capital allocator that you buy and hold for 10 years.
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Suncor Energy Inc (SU-T)
November 14, 2019
Doesn't have a lot in energy, but follows it. If you're going to buy energy, buy this or CNQ. Sector seems to be bottoming out. Stick with the big guys. A capital allocator that you buy and hold for 10 years.
PAST TOP PICK
PAST TOP PICK
November 13, 2019
(A Top Pick Dec 04/18, Up 2%) Top of the heap in a very tough space. But he sees more in the tank--SU remains very undervalued. He feels oil stocks are oversold and due to rise.
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Suncor Energy Inc (SU-T)
November 13, 2019
(A Top Pick Dec 04/18, Up 2%) Top of the heap in a very tough space. But he sees more in the tank--SU remains very undervalued. He feels oil stocks are oversold and due to rise.
TOP PICK
TOP PICK
November 13, 2019
Canada's largest integrated oil company, operates in the Oil Sands--that oil will last 36 years. He likes their upstream assets (Oil Sands), four world-class refineries and 715 gas stations, which insulate SU from steep discounts in heavy crude. SU pays a yield over 4%. Heavy cash flow allows them to break even at $30 oil. Big share buybacks and growing dividend. (Analysts’ price target is $49.40)
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Suncor Energy Inc (SU-T)
November 13, 2019
Canada's largest integrated oil company, operates in the Oil Sands--that oil will last 36 years. He likes their upstream assets (Oil Sands), four world-class refineries and 715 gas stations, which insulate SU from steep discounts in heavy crude. SU pays a yield over 4%. Heavy cash flow allows them to break even at $30 oil. Big share buybacks and growing dividend. (Analysts’ price target is $49.40)
COMMENT
COMMENT
November 6, 2019
SU vs PKI? The two go to stocks in the energy space are CNQ and SU. We are eventually going to have a big consolidation in the energy space, there are too many small players now. SU is a solid company, he would prefer it.
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Suncor Energy Inc (SU-T)
November 6, 2019
SU vs PKI? The two go to stocks in the energy space are CNQ and SU. We are eventually going to have a big consolidation in the energy space, there are too many small players now. SU is a solid company, he would prefer it.
COMMENT
COMMENT
November 6, 2019
Politically we threw fuel on the fire in a weak commodity market. You have to be positive on the forward energy price to like anything. SU is a safer bet than WCP as they can make money at current prices. He is not sure WCP will be able to benefit. He expects more consolidation of smaller players in this space going forward.
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Suncor Energy Inc (SU-T)
November 6, 2019
Politically we threw fuel on the fire in a weak commodity market. You have to be positive on the forward energy price to like anything. SU is a safer bet than WCP as they can make money at current prices. He is not sure WCP will be able to benefit. He expects more consolidation of smaller players in this space going forward.