SU - Suncor Energy Inc.

NYSE - NYSE Delayed Price. Currency in USD
32.00
+0.70 (+2.24%)
At close: 4:02PM EST
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Previous Close31.30
Open31.71
Bid0.00 x 4000
Ask0.00 x 4000
Day's Range31.59 - 32.20
52 Week Range25.81 - 42.55
Volume3,827,720
Avg. Volume4,562,609
Market Cap51.056B
Beta (3Y Monthly)1.18
PE Ratio (TTM)14.11
EPS (TTM)2.27
Earnings DateN/A
Forward Dividend & Yield1.06 (3.38%)
Ex-Dividend Date2018-11-30
1y Target Est42.83
Trade prices are not sourced from all markets
  • Canadian Oil Surge Fails to Lift Producers Out of the Doldrums
    Bloomberg21 hours ago

    Canadian Oil Surge Fails to Lift Producers Out of the Doldrums

    Since the production curtailment was unveiled early last month, Western Canadian Select crude has almost doubled to about $43 a barrel, narrowing its discount to benchmark U.S. oil to an almost decade-low of $6.95 a barrel on Jan. 11. “Certainly the curtailment program has helped the cash flows, but it’s sending a clear signal: ‘You can’t grow. Don’t even try,’” said Laura Lau, who helps manage C$1.4 billion ($1 billion) in assets at Brompton Corp. in Toronto.

  • Reuters5 days ago

    Husky ends bid for MEG Energy after failing to win shareholder support

    Husky Energy Inc said on Thursday it will not extend its hostile bid for MEG Energy after failing to get sufficient support from the rival oil producer's board and shareholders. Husky had argued the bid offered a premium to MEG's share price, giving investors exposure to Husky's stronger balance sheet and included the prospect of C$200 million per year in synergies.

  • Reuters5 days ago

    Canada's Husky Energy to receive majority support in hostile MEG takeover -sources

    Husky Energy Inc expects to secure over 50 percent support from MEG Energy shareholders for Husky's C$3.3 billion ($2.5 billion) unsolicited offer to take over the rival oil producer by Wednesday's deadline, people familiar with the situation told Reuters. The deal reflects Husky's strategy to double down on heavy oil production, even as clogged pipelines drove down Canadian prices last year.

  • Chevron to Post the Highest Earnings Growth in Q4
    Market Realist14 days ago

    Chevron to Post the Highest Earnings Growth in Q4

    In this series, we’re ranking global integrated energy companies ExxonMobil (XOM), Chevron (CVX), Royal Dutch Shell (RDS.A), and BP (BP) based on their estimated YoY (year-over-year) earnings growth in the fourth quarter. 

  • Has Short Interest in Suncor Changed?
    Market Realist15 days ago

    Has Short Interest in Suncor Changed?

    Suncor Is Trading at a Premium Despite Falling 30% in Q4 (Continued from Prior Part) ## Short interest in Suncor Suncor Energy’s (SU) short interest (its percentage of outstanding shares) has risen 0.5% since October 1, the beginning of the fourth quarter, to 0.8%. Suncor stock has fallen 30.3%. A rise in short interest implies increased bearishness toward a stock. ## Why the change in sentiment? Bearishness toward Suncor may have risen due to its lower-than-expected third-quarter earnings of 0.96 Canadian dollars and weak fourth-quarter earnings forecast, and the Government of Alberta’s announcement of production cuts. Despite the cuts, which aim to address the province’s supply glut, Suncor expects its production to grow by 10% in 2019. A rise in volumes could soften bearishness toward the stock. In the fourth quarter, the company’s earnings could fall due to upstream earnings being impacted by lower oil prices. WTI has fallen 40% since October 1. ## Peers’ short interest Since October 1, Suncor peers PetroChina (PTR), ExxonMobil (XOM), and Chevron (CVX) have seen their short interest rise by 0.1% to 0.2%, 0.8%, and 1.1%, respectively, and their stock prices fall 26.4%, 20.6%, and 12.7%. Browse this series on Market Realist: * Part 1 - Why Suncor Is Trading at a Premium after Falling * Part 2 - What Prompted Suncor Stock to Fall 30% in the Fourth Quarter * Part 3 - What Do Suncor’s Moving Averages Suggest?

  • Reuters15 days ago

    CANADA STOCKS-TSX futures point to lower opening

    Futures for Canada's main stock index traded lower on Monday, as lingering worries over global economic growth offset optimism around ongoing Sino-U.S. trade talks. March futures on the S&P/TSX index were ...

  • Reuters15 days ago

    Suncor Energy sees 13 percent rise in fourth-quarter upstream output

    Suncor Energy Inc said on Monday it expects total upstream production to rise by about 13 percent in the fourth quarter of 2018, helped by higher output from its majority-owned Syncrude oil project in northern Alberta. The company expects total upstream production of 831,000 barrels of oil equivalent per day (boe/d), up from 736,400 boe/d in the fourth quarter of 2017. Production from Syncrude alone was 355,000 barrels per day (bbls/d) for the quarter.

  • Reuters15 days ago

    Suncor Energy sees 13 pct rise in fourth-quarter upstream output

    Suncor Energy Inc said on Monday it expects total upstream production to rise by about 13 percent in the fourth quarter of 2018, helped by higher output from its majority-owned Syncrude oil project in northern Alberta. The company expects total upstream production of 831,000 barrels of oil equivalent per day (boe/d), up from 736,400 boe/d in the fourth quarter of 2017. Production from Syncrude alone was 355,000 barrels per day (bbls/d) for the quarter.

  • GlobeNewswire15 days ago

    Suncor Energy provides fourth quarter 2018 operations update

    Suncor today provided an operations update for the fourth quarter of 2018, highlighting total upstream production of 831,000 barrels of oil equivalent per day (boe/d), which is a quarterly production record and represents an increase of 12% from the third quarter of 2018.  This record-breaking quarter reflects the results of the significant investment developing Fort Hills, and Suncor’s ongoing operational excellence focus across its assets, particularly at the Syncrude joint venture. Oil sands operations produced approximately 433,000 barrels per day (bbls/d) in the quarter.  Fort Hills produced 183,000 bbls/d for the quarter, approximately 100,000 bbls/d net to Suncor, representing 94% of nameplate capacity.  Syncrude production was 355,000 bbls/d for the quarter, 209,000 bbls/d net to Suncor, representing 101% of nameplate capacity, and reflecting a new quarterly production record.  Total production from Exploration & Production was 90,000 boe/d during the fourth quarter.

  • Which Institutions Are Selling Suncor Stock?
    Market Realist18 days ago

    Which Institutions Are Selling Suncor Stock?

    Suncor Is Trading at a Premium Despite Falling 30% in Q4 (Continued from Prior Part) ## Institutional holdings in Suncor Previously, we reviewed Suncor Energy’s (SU) dividend yield, which has surged to 3.9%. Let’s now look at which institutions bought or sold Suncor in the third quarter, based on recent filings. Higher institutional holdings suggest that market participants have a favorable opinion toward the stock. Suncor’s institutional holdings currently stand at ~74%. ## Changes in Suncor’s institutional holdings In the third quarter, Wellington Management, Fidelity Management & Research, and RBC Global Asset Management reduced their holdings in Suncor, while The Vanguard Group raised its holdings. These institutions are the top four holders of Suncor stock. Of the next six top holders, five (Fidelity Investments Canada, Capital Research Global Investors, Invesco Advisers, Dodge & Cox, and TD Asset Management) reduced their holdings. Therefore, eight of Suncor’s top ten institutional holders reduced their holdings in the third quarter. ## Peers’ institutional holdings Suncor’s institutional holdings are higher than those of peers—ExxonMobil’s (XOM), Chevron’s (CVX), Royal Dutch Shell’s (RDS.A), and BP’s (BP) are ~55%, ~67%, ~11%, and ~13%, respectively. Next, we’ll look at changes in Suncor’s short interest. Continue to Next Part Browse this series on Market Realist: * Part 1 - Why Suncor Is Trading at a Premium after Falling * Part 2 - What Prompted Suncor Stock to Fall 30% in the Fourth Quarter * Part 3 - What Do Suncor’s Moving Averages Suggest?

  • How Suncor’s Dividend Yield Compares with Peers’
    Market Realist18 days ago

    How Suncor’s Dividend Yield Compares with Peers’

    Suncor’s dividend payments have risen in the past few years. In the fourth quarter, Suncor’s dividend rose 13% YoY (year-over-year) to 0.36 Canadian dollars. Suncor’s dividend yield has risen YoY, to 3.9% from 2.9%, as its stock price has fallen and its dividend has risen.

  • Forecasting Suncor’s Stock Price This Month
    Market Realist18 days ago

    Forecasting Suncor’s Stock Price This Month

    Suncor Is Trading at a Premium Despite Falling 30% in Q4(Continued from Prior Part)Forecasting Suncor’s stock price In this part, we’ll estimate Suncor Energy’s (SU) stock price based on its implied volatility.

  • ACCESSWIRE18 days ago

    Today's Research Reports on Husky Energy, Yangarra Resources, Alderon Iron Ore and Suncor Energy

    NEW YORK, NY / ACCESSWIRE / January 4, 2019 / The Market Edge strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register with us ...

  • 6 Stocks With Low Price-Sales Ratios
    GuruFocus.com18 days ago

    6 Stocks With Low Price-Sales Ratios

    Royal Dutch Shell tops the list

  • What Do Suncor’s Moving Averages Suggest?
    Market Realist19 days ago

    What Do Suncor’s Moving Averages Suggest?

    Suncor Is Trading at a Premium Despite Falling 30% in Q4(Continued from Prior Part)Suncor’s moving averages Previously, we saw that Suncor Energy (SU) stock fell 30% in the fourth quarter. In this part, we’ll look at its moving average trends.

  • What Prompted Suncor Stock to Fall 30% in the Fourth Quarter
    Market Realist19 days ago

    What Prompted Suncor Stock to Fall 30% in the Fourth Quarter

    Suncor Energy (SU) stock has fallen 30% since October 1, the beginning of the fourth quarter, while the SPDR S&P 500 ETF (SPY), a broader equity market indicator, has fallen 15%. Peer Royal Dutch Shell (RDS.A) has fallen 16% since October 1, and Chevron (CVX) and BP (BP) have fallen 13% and 18%, respectively. Oil prices have slumped due to fear of supply glut in 2019—global oil demand is expected to be lower than the global supply, despite OPEC’s announcement of production cuts.

  • Why Suncor Is Trading at a Premium after Falling
    Market Realist19 days ago

    Why Suncor Is Trading at a Premium after Falling

    Suncor Is Trading at a Premium Despite Falling 30% in Q4Suncor’s valuation Suncor Energy’s (SU) forward PE ratio is 10.7x, above peers’ average of 10.5x. ExxonMobil’s (XOM), Chevron’s (CVX), and YPF’s (YPF) average forward PE ratios are 13.

  • What Total’s Moving Averages Suggest
    Market Realist24 days ago

    What Total’s Moving Averages Suggest

    In the previous part, we saw that Total (TOT) stock has fallen 21% in the current quarter. Now let’s look at Total’s moving average trend in the quarter.

  • GlobeNewswire25 days ago

    New Research: Key Drivers of Growth for Suncor Energy, Apollo Global Management, Fiat Chrysler Automobiles N.V, Navient, TransCanada, and Omnicom Group — Factors of Influence, Major Initiatives and Sustained Production

    NEW YORK, Dec. 28, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.

  • Suncor Stock Falls the Most among Peers
    Market Realist25 days ago

    Suncor Stock Falls the Most among Peers

    Suncor Energy (SU) stock has fallen 19.9% since November 23, the most among the six global integrated energy stocks discussed in this series. Chevron (CVX) and ExxonMobil (XOM) have fallen 11.1% and 13.2%, respectively, while the SPDR S&P 500 ETF (SPY) has fallen 11.0%.

  • Chevron Stock Has Fallen 11% in the Past Month
    Market Realist25 days ago

    Chevron Stock Has Fallen 11% in the Past Month

    Chevron (CVX) stock has fallen by 11.1% in the past month, less than ExxonMobil (XOM) and Suncor Energy (SU), which have fallen 13.2% and 19.9%, respectively. The SPDR S&P 500 ETF (SPY) has fallen 11.0% since November 23.

  • Integrated Energy Stocks Fall: How Are They Positioned Now?
    Market Realist26 days ago

    Integrated Energy Stocks Fall: How Are They Positioned Now?

    In the past month, integrated energy stocks have slumped. In this series, we’ll assess six global integrated energy stocks’ recent movements and where they’re positioned now.

  • Suncor Has the Lowest Dividend Yield among the Six Leading Stocks
    Market Realistlast month

    Suncor Has the Lowest Dividend Yield among the Six Leading Stocks

    Suncor Energy (SU) is the last stock on our list of the top six integrated energy stocks by dividend yield. Suncor’s dividend yield currently stands at 3.8%. In the current quarter, Suncor will pay a dividend of 0.36 Canadian dollars per share (~$0.27 per share).

  • Slumping Integrated Energy Stocks Post Attractive Dividend Yields
    Market Realistlast month

    Slumping Integrated Energy Stocks Post Attractive Dividend Yields

    Integrated energy stocks have slumped in the current quarter, raising their dividend yields. In this series, we’ll rank the six leading integrated energy stocks based on their dividend yields. Royal Dutch Shell (RDS.A) occupies the top spot followed by BP (BP) and Total (TOT).

  • BP Trades above the Peer Average
    Market Realistlast month

    BP Trades above the Peer Average

    In the previous part, we discussed BP’s (BP) short interest trend. In this part, we’ll discuss BP’s forward valuations compared to its peers.