Suncor Energy Inc | StockChase
1598
Suncor Energy Inc (SU-T)

Last Price Recorded: $45.2100 on 2017-11-17

ON STOCKCHASE SINCE Oct 2000

Oil Sands. Oil weighted

integrated oils

Suncor Energy Inc


Signal Opinion Expert

2017-11-17

HOLD
Suncor Energy Inc (SU-T)

Bought this when he thought a pro-growth theme was evolving. The chart shows there was a little resistance but it got through that around the $44 mark. Now you want to see it push higher with strength. The producer, not the crude, will lead on the way up. It should run up to $50 next year before there is any resistance.

integrated oils
Hap (Robert) Sneddon FCSI

Chief Portfolio Manager & Founder, Castlemoore Inc.

Price: $45.210
Owned: Yes

2017-11-13

COMMENT
Suncor Energy Inc (SU-T)

Not bullish on oil for the longer-term. The Western world is moving away from oil. World oil production was expanded massively to bring China on the last 20 years. Now Russia, Iran, Iraq, etc., etc. are needing money. There is a lot of oil in the globe to be brought on by people who are really desperate to drive their economies forward. Then you have the great shale boom in the US where hundreds of barrels of oil have been on lock by the shale technology. It’s coming out at $50 a barrel and they’re making money. You don’t want to invest in oil unless you have a company that can truly make money at that level. Suncor can make money at these levels, but a lot of that is because they have an old plant that was built over the last 40-50 years at different costs. He doesn’t see exciting upside in this company.

integrated oils
Bruce Murray

CEO & Chief Investment Officer, The Murray Wealth Group

Price: $46.220
Owned: No

2017-11-09

WAIT
Suncor Energy Inc (SU-T)

CNQ-T vs. SU-T.  Both are up for the year because the profits are in refining.  They will both generate significant cash flow.  They could buy back shares or make an acquisition.  Both are good for the long term but there could be weakness during tax loss selling.  SU-T gives you refining stability and CNQ-T gives you oil sands growth.

integrated oils
Josef Schachter

President, Schachter Asset Management

Price: $45.820
Owned: Unknown

2017-11-02

WEAK BUY
Suncor Energy Inc (SU-T)

It is moving up with the group and is a safe way to get energy exposure.  If you think oil goes up theis is upside, bit it will go down less when the group goes down.

integrated oils
Bruce Campbell (1)

President, Campbell and Lee InvMngmnt

Price: $44.620
Owned: Unknown

2017-10-27

COMMENT
Suncor Energy Inc (SU-T)

Just released fantastic results. This has performed well amongst the energy patch. An integrated company, and has done very well on the refinery side. A good long-term hold. With higher oil prices you could get some capital gain.

integrated oils
David Cockfield

Managing Director, Northland Wealth Management

Price: $43.300
Owned: Unknown

2017-10-25

COMMENT
Suncor Energy Inc (SU-T)

One of the blue-chip names in the industry, and has withheld the storm better than most. Has diversity in their upstream, midstream and downstream assets. If oil goes down, but are still charging the same at the pump, they end up insulating themselves. If uncertain about where oil is heading, this is a good name to own. It isn’t going to have as much torque though, when oil does move up.

integrated oils
Cole Kachur

Senior Wealth Advisor, ScotiaWealth Management

Price: $42.150
Owned: Unknown

2017-10-25

TOP PICK
Suncor Energy Inc (SU-T)

In the current environment you want to play safe, with good quality and long term assets. Has a very strong balance sheet and limited downside risk.

integrated oils
Michael Sprung

President, Sprung Investment Management

Price: $42.150
Owned: Unknown

2017-10-18

BUY
Suncor Energy Inc (SU-T)

It is one of his preferred names in the oil patch.  Canada’s largest integrated oil producer.  They are at the end of a very capital intensive phase in their company.  Fort Hills is coming to fruition.  It has long life, high quality reserves that are past the peak of capital spending.  He expects that the company will be in capital return to shareholder mode in the year ahead.  There could be dividend increases and share buyback to do this.

integrated oils
Brian Madden

Senior VP & Portfolio Manager, Goodreid Investment Council

Price: $42.080
Owned: Unknown

2017-10-13

COMMENT
Suncor Energy Inc (SU-T)

A good, high quality company. You get a little bit of dividend while you wait. It is certainly not in the best of times at the moment. However, it looks like it is coming out of a bottom on its fundamentals. He sees ROC declining for about 5-6 years, but in the last couple of quarters it has started to rebound from -1% to +1%, which is a great sign. It’s not that expensive.

integrated oils
Matt Kacur

President, FSA Financial Science and Art

Price: $42.120
Owned: Unknown

2017-10-11

COMMENT
Suncor Energy Inc (SU-T)

Buy or Sell?The chart shows that it is a very frustrating stock to own, but a great company. He prefers owning the BMO S&P/TSX Oil & Gas ETF (ZEO-T). Or you could buy the iUnits S&P/TSX Capped Energy ETF (XEG-T), which is 26% Suncor. If you are interested in the energy space and want to make a lot of torque, look at the energy space in the small energy names.

integrated oils
Mike S. Newton, CIM FCSI

Director & Portfolio Manager, Scotia Wealth Management

Price: $42.990
Owned: No

2017-10-03

COMMENT
Suncor Energy Inc (SU-T)

Has never really liked the assets they’ve accumulated. They’ve always been at higher costs. The market likes it though, as it has been one of the best performers out of the Canadian integrateds.

integrated oils
Ryan Bushell

V. P. & Portfolio Manager, Leon Frazer and Associates

Price: $43.490
Owned: No

2017-09-29

SELL
Suncor Energy Inc (SU-T)

Sell?The predominant period of seasonal strength for the broader energy sector is from about the end of January all the way through to May, the run-up into the summer driving season. Between Jan 12 and April 24 are the optimal dates, 9.25% above the benchmark rate. This has been positive in the past 20 periods. There is also another period of seasonal strength, mid-August to mid-Sept, which is going into hurricane season and maintenance season. This is now just kind of falling out, and the energy is starting to leach out of these energy names. Technically, there is resistance at $44. You might be able to pick this up on the cheap in December, for the big push into the new year. He has been trimming his energy exposure.

integrated oils
Jon Vialoux

Research Analyst, Timingthemarket.ca & Equityclock.com

Price: $43.730
Owned: Unknown

2017-09-27

COMMENT
Suncor Energy Inc (SU-T)

Has owned this for some time. Bought it during the financial crisis when people were basically giving away shares of financial companies. It has diversified, being almost more of a money manager than a lifeco. It is growing its life business both in Canada and the US as well as in Asia. Like most financial stocks, this responds to higher interest rates. The 10-year US bond is starting to have strength, which is positive for lifecos. He is positive on this company.

integrated oils
Norman Levine

Managing Director, Portfolio Management Corp

Price: $43.350
Owned: Yes

2017-09-26

COMMENT
Suncor Energy Inc (SU-T)

Had owned this for a long time, but recently sold it. A bigger portion of their business is tied to heavy oil. Prefers Canadian Natural Resources (CNQ-T).

integrated oils
Lyle Stein

Sr. Portfolio & Managing Director, Vestcap Investment Management

Price: $42.660
Owned: No

2017-09-20

DON'T BUY
Suncor Energy Inc (SU-T)

Oil is very cyclical on very long cycles. The last time oil rallied big time was in the 1970s when Japan industrialized. It rallied again when China industrialized. China appears to be done industrializing. The commodity infrastructure has been built globally, up to a point where we can supply the demand for energy. We have had technology changes that have allowed for the shale plays to come. The US mid-continent is loaded with shale oil and companies are able to produce the stuff for sub-$50 a barrel. There are millions and millions of barrels that can be brought on. The other big play that is happening is in the Marsalis shale in Ohio, which is hammering gas and natural gas liquids. Energy is going to be under assault for a long time. On top of that you have shales in other parts of the world and the technology will be transferable. Also, a lot of oil producing countries need money, so you are going to see a lot of oil coming at you. This company, unfortunately, is the high cost oil, the dirtiest oil, at the end of the pipeline. They will survive, because their cash costs are about $25 a barrel. He wouldn’t put his money here for the next 10 years.

integrated oils
Bruce Murray

CEO & Chief Investment Officer, The Murray Wealth Group

Price: $42.130
Owned: No

2017-09-19

HOLD
Suncor Energy Inc (SU-T)

Suncor (SU-T) or Canadian Natural Resources (CNQ-T)? Both companies, relative to the other stocks in the energy index, have performed pretty well. From this point on, he likes both, and is hard-pressed to tell you which he would choose. Both have very good growth profiles. They are both very good on M&A on an opportunistic basis. Balance sheets have been improving steadily. This one is bringing Fort Hills on stream by the end of this year, which will be a significant contributor to cash flow growth. Because they have both held their ground so well, there are better opportunities in some of the intermediate space, in terms of capital gains.

integrated oils
Nick Majendie

Director & Senior Portfolio Manager, Scotia Wealth Management

Price: $41.660
Owned: Yes

2017-08-30

COMMENT
Suncor Energy Inc (SU-T)

A tough name to own because of volatility. Oil cannot get a break. He is setting up for an oil rally. Prefers renting the space through an ETF. The Suncor story is all about Fort Hills which is 90% complete. They expect to be testing on it and get it up and running in 2018.

integrated oils
Mike S. Newton, CIM FCSI

Director & Portfolio Manager, Scotia Wealth Management

Price: $39.350
Owned: No

2017-08-25

WATCH
Suncor Energy Inc (SU-T)

If the oil price hit $75 in three years this would be quite positive for it.  The dividend is well covered.  They had a negative earnings surprise in their July earnings report.  Earnings are expected to grow significantly compared to last year.  If oil gets above $52 then the game is back on.

integrated oils
Robert McWhirter

President, Selective Asset Management

Price: $39.180
Owned: Yes

2017-08-17

COMMENT
Suncor Energy Inc (SU-T)

Oil.  SU-T vs. VET-T.  They are getting a well developed trading range.  Oil could have $55 on the upside.  If oil goes back to the $50s then the sector is quite oversold.  SU-T protects you and has held up rather well.  But it does not have the same upside as VET-T.

integrated oils
Bruce Campbell (1)

President, Campbell and Lee InvMngmnt

Price: $39.580
Owned: Unknown

2017-08-04

COMMENT
Suncor Energy Inc (SU-T)

The period of seasonal strength for energy stocks is from January to May of each year. We have now passed the period of seasonal strength for energy, and it has a tendency to either go flat or lower. This is not a time when you want to be an owner. The time for repurchasing the stock would be probably in January.

integrated oils
Don Vialoux

Research Analyst, TimingTheMarket.CA & EquityClock.COM

Price: $41.730
Owned: Unknown

2017-08-01

DON'T BUY
Suncor Energy Inc (SU-T)

Not a big fan of energy. Canada is the high cost producer at the end of the pipeline, and this company is at the end of that pipeline. They own assets that have been bankrupt 2 or 3 times in the past, so they don’t have cash depreciation costs on a lot of them. Cost per barrel is in the $20-$25 range, so they are getting cash flow, but they are really not covering depreciation on the plants. He wouldn’t own this.

integrated oils
Bruce Murray

CEO & Chief Investment Officer, The Murray Wealth Group

Price: $40.360
Owned: No

2017-07-28

COMMENT
Suncor Energy Inc (SU-T)

Buy, Sell or Hold? This has had excellent production growth since 2014. Their major projects remain on track. Their recent earnings were in line. He is modelling 10% production growth 2017-2019. 4% cash flow per share growth. Good balance sheet. The payout ratio for 2017 is about 109%. A blue-chip name in the Canadian oil space.

integrated oils
Greg Newman

Director & Portfolio Manager, Scotia Wealth Management

Price: $40.360
Owned: Unknown

2017-07-21

PAST TOP PICK
Suncor Energy Inc (SU-T)

(A Top Pick Aug 24/16. Up 9.04%.) He considers this to be the benchmark of the Canadian industry. This is still a Buy.

integrated oils
Michael Sprung

President, Sprung Investment Management

Price: $38.420
Owned: Yes

2017-07-04

TOP PICK
Suncor Energy Inc (SU-T)

He’s been very light in this space for several years now, and started to add this about a year ago. Although he doesn’t believe oil is going up anytime soon, you want to have some exposure, and this is a conservative way of having some. Dividend yield of 3.4%. (Analysts’ price target is $50.)

integrated oils
Kash Pashootan

Sr. VP & Portfolio Manager, First Avenue Advisory, Raymond James

Price: $37.540
Owned: Yes

2017-06-28

PAST TOP PICK
Suncor Energy Inc (SU-T)

(A Top Pick March 2/17. Down 3.67%.) The period of seasonal strength for some of these energy stocks, this one in particular, is from late January all the way through to mid-May. The average gain for that time frame is about 14.6%, and has been positive 75% of the time over the past 20 years. This was probably the only oil/energy stock that was positive over that time frame.

integrated oils
Jon Vialoux

Research Analyst, Timingthemarket.ca & Equityclock.com

Price: $38.530
Owned: No

2017-06-07

TOP PICK
Suncor Energy Inc (SU-T)

If you want exposure to energy, but don’t want to lose your shirt if oil prices go down, this is the way to do it. Year-to-date oil is down about 10%, and this one is down about 5%. A good way to participate. It is integrated. They are exploring, refining and selling it at the pumps. A conservative way to play energy. Dividend yield of 3%. (Analysts’ price target is $50.)

integrated oils
Kash Pashootan

Sr. VP & Portfolio Manager, First Avenue Advisory, Raymond James

Price: $41.140
Owned: Yes

2017-06-02

BUY
Suncor Energy Inc (SU-T)

This closed at $42.32, and he has model price of $57.71, a 36% upside. Has a 3% dividend. The mean estimates for earnings is $1.96.

integrated oils
Brian Acker, CA

Chief Executive Officer, President and Chief Inves, Acker Finley Inc.

Price: $41.940
Owned: Yes

2017-05-15

HOLD
Suncor Energy Inc (SU-T)

Canada’s largest oil producer. Solid, solid company. This has done really well over the last year, and is probably going to be in a holding pattern for a while. Relatively expensive compared to other stocks in the sector. Depending on commodity prices, it should gravitate upwards.

integrated oils
Alex Ruus

Portfolio Manager, Arrow Capital Management

Price: $43.850
Owned: Unknown

2017-05-09

TOP PICK
Suncor Energy Inc (SU-T)

He is dramatically underrepresented in the “energy producer” sector, and wants to get money back into oils. The best place to start is in a big cap liquid name that pays a dividend. He is not looking for torque yet, because he can’t quite see the beauty of the recovery, but he wants to have exposure, simply because on a value basis these things are cheap and this is levered to oil, and has actually outperformed oil in its existence. Dividend yield of 3%. (Analysts’ price target is $50.)

integrated oils
Lyle Stein

Sr. Portfolio & Managing Director, Vestcap Investment Management

Price: $43.110
Owned: Yes

2017-04-28

TOP PICK
Suncor Energy Inc (SU-T)

There have been a string of mergers and acquisitions in the oil patch, and this company is going to reap the benefit of that. Has a great balance sheet, which they will be using for share buyback and possible dividend increases. They have great growth prospects going forward. Dividend yield of 3.1%. (Analysts’ price target is $49.)

integrated oils
Michael Sprung

President, Sprung Investment Management

Price: $42.860
Owned: Yes

Showing 1 to 30 of 1,598 entries
<< < 1 2 3 4 5 > >>

No Comments.


You must be logged in to comment.