Suncor Energy Inc

SU-T

TSE:SU

17.64
0.21 (1.18%)
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
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.
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.

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