|Bid||32.03 x 800|
|Ask||72.89 x 2200|
|Day's Range||34.25 - 34.83|
|52 Week Range||25.81 - 42.55|
|Beta (3Y Monthly)||1.29|
|PE Ratio (TTM)||15.15|
|Forward Dividend & Yield||1.26 (3.68%)|
|1y Target Est||42.83|
Chevron Stock Rises, Commands Premium ValuationsChevron’s valuations Chevron (CVX) trades at a forward PE ratio of 16.8x, which is above the peer average of 13.0x. ExxonMobil (XOM), PetroChina (PTR), and Suncor Energy (SU) also trade above the
The Canadian province of Alberta has further relaxed its production cuts, looking to increase the production quota in both May and June
Which Integrated Stocks Are Analysts’ Favorites?(Continued from Prior Part)Analysts’ ratings for Shell Previously, we reviewed Total (TOT) and Suncor Energy (SU), which have received “buy” ratings from more than 90% of analysts. Let’s now
The Canadian oil-producing province of Alberta will increase crude production limits by 25,000 barrels per day in May and a further 25,000 bpd in June, the government said on Monday. The increases mean that by June, oil companies will be limited to 3.71 million bpd of production. Alberta mandated production cuts this year to ease congestion on export pipelines that resulted in crude getting bottlenecked in storage and the discount on Canadian heavy crude widening to record levels.
Which Integrated Stocks Are Analysts’ Favorites?(Continued from Prior Part)Analysts’ ratings for Suncor Let’s now look at analysts’ ratings for Suncor Energy (SU). Among the six stocks we’re looking at, it has the second most “buy”
XOM Rose the Most Compared to CVX, RDS.A, BP, TOT, and SU(Continued from Prior Part)Suncor’s stock performance Suncor Energy (SU) stock has risen 2.2% since February 11. The stock has risen less than ExxonMobil (XOM) and Chevron (CVX). In the past
XOM Rose the Most Compared to CVX, RDS.A, BP, TOT, and SU(Continued from Prior Part)Total’s stock performance Total (TOT) stock has risen since February 11. The stock has increased more than Suncor Energy (SU) and BP (BP). In the past month, Suncor
HOUSTON (Reuters) - Canada's mandated oil production cuts are preventing Suncor Energy Inc, one of Canada's biggest oil producers, from sending its heavy crude to the U.S. Gulf Coast by rail, a company official said in an interview on Tuesday. The Canadian oil producer is "interested in rail economics going forward," but the rise in Canadian heavy crude prices since the December mandated production cuts have made rail shipments "difficult to justify," said Steve Reynish, a Suncor executive vice president, at the CERAWeek conference. ...
Canada's mandated oil production cuts are preventing Suncor Energy Inc, one of Canada's biggest oil producers, from sending its heavy crude to the U.S. Gulf Coast by rail, a company official said in an interview on Tuesday. The Canadian oil producer is "interested in rail economics going forward," but the rise in Canadian heavy crude prices since the December mandated production cuts have made rail shipments "difficult to justify," said Steve Reynish, a Suncor executive vice president, at the CERAWeek conference. Gulf Coast oil refiners have scrambled for heavy crude supplies after U.S. sanctions on Venezuela's state-run PDVSA halted its exports of the grade to the United States.
Canadian Natural's (CNQ) fourth-quarter 2018 results are impacted by crude price differentials, which widens 45% on a year-over-year basis.
NEW YORK/CALGARY, Alberta, March 10 (Reuters) - North American energy traders are reluctant to take up long-term positions on Canadian crude price moves, preferring to stick to spot deals, as uncertainty around government intervention in the market grows following delays to a critical pipeline project. Enbridge Inc unexpectedly said earlier this month its Line 3 oil pipeline will be delayed until the second half of 2020, dealing another blow to the oil-rich province of Alberta, which is struggling with long-running congestion on export pipelines. Severe pipeline bottlenecks depressed Canadian heavy oil prices to the weakest on record last year, prompting the Alberta government to order mandatory production cuts effective Jan. 1, a move that sent prices sky-rocketing and traders scrambling to cover positions.
Suncor Energy (SU) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Chevron's Strong Upstream Portfolio Will Likely Grow(Continued from Prior Part)Chevron’s debt position Chevron’s (CVX) net debt-to-adjusted EBITDA ratio was 0.7x in the fourth quarter—below the average industry ratio of 1.2x. The industry
Chevron's Strong Upstream Portfolio Will Likely Grow(Continued from Prior Part)Chevron’s cash flows In 2018, Chevron’s (CVX) cash flow from operations rose 51% YoY to $30.6 billion. We’ll discuss how effective the cash flows were in covering
Chevron's Strong Upstream Portfolio Will Likely Grow(Continued from Prior Part)Analysts’ recommendations In February, 23 analysts covered Chevron (CVX). Among the analysts, 18 (or 78%) recommended “buy” or “strong buy” ratings, while five
XOM, CVX, RDS.A, BP, TOT, and SU: Dividend Yields and Valuations(Continued from Prior Part)BP’s dividend yield BP (BP) is the second-highest dividend-yielding stock. The company has the fifth-largest market cap of ~$144 billion among the six
XOM, CVX, RDS.A, BP, TOT, and SU: Dividend Yields and Valuations(Continued from Prior Part)Suncor Energy’s dividend yield Suncor Energy (SU) is the last stock among the six integrated energy stocks discussed in this series. The company’s market
XOM, CVX, RDS.A, BP, TOT, and SU: Dividend Yields and ValuationsIntegrated energy stocks’ dividend yields Integrated energy stocks have risen in the current quarter. The rise has impacted the stocks’ dividend yields. In this series, we’ll rank
Suncor Energy Inc NYSE:SUView full report here! Summary * Perception of the company's creditworthiness is negative * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is extremely low for SU with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting SU. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold SU had net inflows of $650 million over the last one-month. Economic sentimentPMI by IHS MarkitThere is no PMI sector data available for this security. Credit worthinessCredit default swap | NegativeThe current level displays a negative indicator. SU credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
As regulators continue to ease production cuts in Canada, the divide between Canadian oil companies continues as some are asking for new cuts, while others disagree with the OPEC-like measure
How Warren Buffett’s Investment Philosophy Has Evolved(Continued from Prior Part)Warren BuffettIn his 2018 shareholder letter, Berkshire Hathaway (BRK-B) chair Warren Buffett said, “For nearly three decades, the initial paragraph featured the
Cenovus fell as much as 7.5 percent in Toronto, and Canadian Natural slipped as much as 6.5 percent, the biggest intraday drops in almost three months for both stocks. By contrast, Suncor Energy Inc. may be a “relative winner” if discounts on Western Canadian Select heavy crude widen again, Goldman Sachs Group Inc. analyst Neil Mehta said in a note. Suncor was down 2 percent to C$44.54 at 1 p.m. in Toronto.
How Warren Buffett’s Investment Philosophy Has EvolvedWarren Buffett’s investment philosophyLast month, we had two key regulatory filings from Berkshire Hathaway (BRK-B). On February 14, Berkshire Hathaway released its 13F for the fourth
While we expect higher year-over-year output to aid Canadian Natural (CNQ) in the to-be-reported quarter, weak oil price realization may dent the company's margins.
NEW YORK, March 04, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.