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Suncor Energy Inc. (SU.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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30.93+0.81 (+2.69%)
At close: 04:00PM EST
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  • c
    c
    still awash in cash flow at 65 oil and now paying 5.65% dividend .... can guvs short oil
  • P
    PMACADELPHIA
    Suncor back on the path to $40. Ignore the daily noise.
  • b
    brian
    Two trivia details for SU today.

    1. Ex dividend day.
    2. The gap at $23.47 closed today.

    The next non-trivia event for SU will hopefully be, end of consolidation and at least a month long move upward which could start in a few days (this is my wishful thinking).
  • B
    Balwin
    Long term that’s where the money is
    Any one can sell when they are on the green
    The big problem is when do you buyback
  • b
    brian
    As far as OPEC plus is concerned, OPEC is often an OPTICAL ILLUSION show. Many times what you see and what you get are not the same. I don't know anyone who trusts those guys from OPEC and OPEC plus . They are not going to lose money just to please the US. Those are all moves based on business and business interest. If oil hovers around $70, it is good for everyone, producers and consumers.
  • S
    SHERYL & IAN
    Hilarious listening to the different media sources regarding the crude surplus/deficit for 2022. OPEC + coming out saying we will be in a surplus of 3.8m barrels per day by Mar 22. Then you get guys like Nuttel saying we will see inventories continue to decline into Q4 '22. with WTI at 100. Both have an agenda that differs. I have never had much faith in Nuttel as game is to talk up stocks and then blow them out and his fund almost always underperforms the energy index. Suppose the truth is somewhere in the middle. Despite Goldman's obvious slants and agenda's, Currie has been very good at calling the energy market for quite some time and worth the energy of following
  • b
    brian
    Trying to make sense out of the Non-sense is not an easy task, there are too many conflicting forces in the market and this is what confuses investors. The market does not know which way to go up or down. Today is a great example how the oil stocks oscillate by the hour, up and down and up again. Stocks that are good for inflation like the food chain KROGER (a Warren Buffett stock) are doing great. Oil stocks are also good for inflation, however oil stocks are now being attacked by the a new enemy, Omicron (what a name that is easy to forget, the anagram Moronic sounds better) virus. It is just a matter of a little more time and the oil stocks will reflect their true value which is increasing by the day. SU so far is doing fine. Now it is not the time to bad mouth management while the virus is in control of the entire oil sector and other sectors of the economy.
  • s
    sunny
    Marketing material from CIBC with SUNCOR

    1. Fort hills ramp up on track. Conservative estimate = 20MBbl/day to 40MBbl/day low cost production
    2. FREE FUNDS flow growth confidence. 465m margin improvement in 2021, additional 400m in 2022
    3. Downstream cash flow could return 3.7B level
    4. CCUS required Govt support at all levels
    5. Valuation - SU trades at P/RNAV ratio of 67%, 4.5x EV/DACF, 16% FCF yield vs group 75%, 4.1x and 22%

    48$ price target bumped from 44$
  • b
    brian
    European major oil companies Royal Dutch, B.P, Total and the Americans CVX, XOM are up big time 5 hours before the market opens. I think it could be because of the booster shot for Omicron by Modena, should be ready by March. Bodes well for the entire OIL sector. Should be a good day today, finally. Hope it does not change.
  • J
    Jim
    Covid variants controlling the markets .. suncor drops 3.5 dollars in 5 days because of a unvacinated country on the other side of the world.. who seen this coming ?
  • b
    bobby
    Omicron negative news pumping started, who knows how long it will last. Its going to affect oil price and stocks. Funny thing is no omicron death reported so far. South African Dr. says symptoms are mild and there many variants of omicron. Hard to if SU will trade 6% dividend range !
  • N
    Nancy
    no one know the market, so long term hold based on the company value probably best the market , of course , with exception , long term you do not miss up and down, but trading you will miss a massive up, as I member Frank miss the dividend increase ralley , but he did not catch previous down term did a good trade, so is this even out as long term hold ?
  • N
    Nhat
    it held ex-dividend so well. glad I didn't #$%$ out and added some yesterday.
  • b
    brian
    Huge volume today one and a half hour into trading. Everyone is looking for the SU dividend, no candies tomorrow.
  • j
    j
    Hold, worth 40 plus
    Bullish
  • J
    Jack
    I am not ⛽ the suncor, but higher oil price in recent fure is reality.... I have two cars needs gas, I want to travel by airlines, I need to buy food cones by trailers.... So, face the 🎶
  • A
    Andrew
    Is anyone’s account showing that suncor has gone up like 0.50-0.60% today? It’s happening in both my Wealthsimple and Questtrade accounts.
  • b
    brian
    Now the SU chart is very clear. From November 1, 2021 to Now December 1, 2021 SU has been consolidating after making yearly high. It lost roughly 2.5 points in the process (from around $26.50 to $24, which is about 10%). The uptrend is very much intact. You could see that the stock is waiting to move higher. This will happen, they are fixing now the traffic lights, soon the green light is going to be on. There is nothing wrong with SU.
  • B
    Ben
    OPEC+ production halts will drive oil up tommorrow. They will not stand for Sleepy Joe's oil releases or MSM's fear mongering of the virus.
  • P
    Polarisman
    I am positive the covid scare is a scam. We will see oil sky rocket as opec cancel increased production and nobody gets sick. Demand will still outstrip production once sleepy Joe depletes the strategic reserve. 100 bucks in the not too distant future. I am long on oil.
    Bullish
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