Suncor Energy Inc

SU-T

TSE:SU

40.32
0.56 (1.41%)
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
PAST TOP PICK
PAST TOP PICK
October 22, 2019
(A Top Pick Oct 24/18, Down 4%) He'd still buy it today. Not as much torque as in other oil names, but SU is widely held and pays a safe 4% yield. It's the top energy company in Canada, both upstream and downstream. Their refining profits will improve going forward.
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Suncor Energy Inc (SU-T)
October 22, 2019
(A Top Pick Oct 24/18, Down 4%) He'd still buy it today. Not as much torque as in other oil names, but SU is widely held and pays a safe 4% yield. It's the top energy company in Canada, both upstream and downstream. Their refining profits will improve going forward.
TOP PICK
TOP PICK
October 22, 2019
Oil stocks are cheap, providing that at some point oil pricing comes through. This isn't trading far from book value now, and didn't fall to book value when the oil price plunged earlier. Now, the oil price is not there. (Analysts’ price target is $51.41)
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Suncor Energy Inc (SU-T)
October 22, 2019
Oil stocks are cheap, providing that at some point oil pricing comes through. This isn't trading far from book value now, and didn't fall to book value when the oil price plunged earlier. Now, the oil price is not there. (Analysts’ price target is $51.41)
DON'T BUY
DON'T BUY
October 15, 2019

CNQ and SU He owns no oil stocks, but CNQ and SU are good. He sees no relief for oil stocks after the election, which could result in a coalition government. Doesn't see pipeline problems lifting.

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Suncor Energy Inc (SU-T)
October 15, 2019

CNQ and SU He owns no oil stocks, but CNQ and SU are good. He sees no relief for oil stocks after the election, which could result in a coalition government. Doesn't see pipeline problems lifting.

BUY
BUY
October 10, 2019
They need more pipeline capacity to grow. Debt has come down. They will have a massive ability to increase the dividend.
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Suncor Energy Inc (SU-T)
October 10, 2019
They need more pipeline capacity to grow. Debt has come down. They will have a massive ability to increase the dividend.
WATCH
WATCH
September 20, 2019
They just beat on Q2. They are focusing on higher value production and offshore developments. Should get decent cash flows at 5%, trading at 1.3x with a safe dividend. It’s not particularly cheap, and it’s oil but other than that, it is good name. He wouldn’t buy today at these prices.
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Suncor Energy Inc (SU-T)
September 20, 2019
They just beat on Q2. They are focusing on higher value production and offshore developments. Should get decent cash flows at 5%, trading at 1.3x with a safe dividend. It’s not particularly cheap, and it’s oil but other than that, it is good name. He wouldn’t buy today at these prices.
HOLD
HOLD
September 13, 2019
Now that he is enthusiastic about energy going forward, SU-T is actually relatively expensive to its peers. This may actually cause them to under-perform in the space. If you want the consistent cash flow and decent yield you can continue to hold this for the next 30 years. He has moved out looking for better opportunities.
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Suncor Energy Inc (SU-T)
September 13, 2019
Now that he is enthusiastic about energy going forward, SU-T is actually relatively expensive to its peers. This may actually cause them to under-perform in the space. If you want the consistent cash flow and decent yield you can continue to hold this for the next 30 years. He has moved out looking for better opportunities.
TOP PICK
TOP PICK
September 9, 2019
A lot of institutional investors own these. They have not done well in the environment we have seen, but the yield is over 4% and they have well integrated operations with some of the best assets in Canada. (Analysts’ price target is $52.87)
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Suncor Energy Inc (SU-T)
September 9, 2019
A lot of institutional investors own these. They have not done well in the environment we have seen, but the yield is over 4% and they have well integrated operations with some of the best assets in Canada. (Analysts’ price target is $52.87)
HOLD
HOLD
September 9, 2019
A core holding. Valuation, long-life reserves. Safe, dividend-oriented, and international interest in it.
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Suncor Energy Inc (SU-T)
September 9, 2019
A core holding. Valuation, long-life reserves. Safe, dividend-oriented, and international interest in it.
TOP PICK
TOP PICK
September 6, 2019
Stocks like this have a history of bouncing back from a sell off. It’s at the low end of its trading range and would be buying it here.
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Suncor Energy Inc (SU-T)
September 6, 2019
Stocks like this have a history of bouncing back from a sell off. It’s at the low end of its trading range and would be buying it here.
WATCH
WATCH
August 29, 2019
It is one of the best looking charts and has not deteriorated as much as some of the others. They are well managed and in a good position. What they need is to get product out of Alberta. You need the oil pricing and that is all.
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Suncor Energy Inc (SU-T)
August 29, 2019
It is one of the best looking charts and has not deteriorated as much as some of the others. They are well managed and in a good position. What they need is to get product out of Alberta. You need the oil pricing and that is all.
HOLD
HOLD
August 29, 2019

SU vs. CVE. Doesn't love energy so much. Has its challenges, China being one of them. Another being energy pricing. Suncor is coming into a level of support. If he owned it, he'd give it the benefit of the doubt and hold. Might be a buy for a more aggressive investor. Cenovus is off its support level, and attempting a trend. Oil tends to do best in the spring. If we see any kind of a rally around $15, he'd sell.

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Suncor Energy Inc (SU-T)
August 29, 2019

SU vs. CVE. Doesn't love energy so much. Has its challenges, China being one of them. Another being energy pricing. Suncor is coming into a level of support. If he owned it, he'd give it the benefit of the doubt and hold. Might be a buy for a more aggressive investor. Cenovus is off its support level, and attempting a trend. Oil tends to do best in the spring. If we see any kind of a rally around $15, he'd sell.

TOP PICK
TOP PICK
August 23, 2019
If there is a recession, oil probably won't perform well. Dividend yield of about 4.5% is good, and it's not just a commodity price taker. If there is money flow back into Canadian energy, they will be the first to profit.
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Suncor Energy Inc (SU-T)
August 23, 2019
If there is a recession, oil probably won't perform well. Dividend yield of about 4.5% is good, and it's not just a commodity price taker. If there is money flow back into Canadian energy, they will be the first to profit.
DON'T BUY
DON'T BUY
August 19, 2019

Pays a 4.4% dividend, but it's volatile so don't focus on the dividend. He traded this recently, selling it to buy CPG-T which has hit a bottom. $36 is a stop and $41 is a top. In a given year, SU will rise only a few percentage points, whereas other oil stocks like CPG-T will leap several dollars on good news.

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

Pays a 4.4% dividend, but it's volatile so don't focus on the dividend. He traded this recently, selling it to buy CPG-T which has hit a bottom. $36 is a stop and $41 is a top. In a given year, SU will rise only a few percentage points, whereas other oil stocks like CPG-T will leap several dollars on good news.

HOLD
HOLD
August 14, 2019
This is the safest oil stock to own in Canada. He is not keen to become a new buyer, but will continue to hold it. Don't catch the falling knife. Great balance sheet, but until oil stocks stabilize, there is no need to get back in. Yield 4.5% (Analysts’ price target is $53.00)
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Suncor Energy Inc (SU-T)
August 14, 2019
This is the safest oil stock to own in Canada. He is not keen to become a new buyer, but will continue to hold it. Don't catch the falling knife. Great balance sheet, but until oil stocks stabilize, there is no need to get back in. Yield 4.5% (Analysts’ price target is $53.00)
PAST TOP PICK
PAST TOP PICK
August 13, 2019
(A Top Pick Jun 18/19, Down 9%) July to the present, energy got crushed globally. In early June it looked like they were bottoming. Oil is starting to recover, so he is now cautious.
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Suncor Energy Inc (SU-T)
August 13, 2019
(A Top Pick Jun 18/19, Down 9%) July to the present, energy got crushed globally. In early June it looked like they were bottoming. Oil is starting to recover, so he is now cautious.
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