|Bid||39.27 x 900|
|Ask||39.28 x 1100|
|Day's Range||38.91 - 39.41|
|52 Week Range||31.33 - 42.55|
|PE Ratio (TTM)||19.47|
|Forward Dividend & Yield||1.09 (2.85%)|
|1y Target Est||42.83|
Its partners in the Syncrude oil sands project are balking at Suncor's improvement plans. That's not good for a company that's all in on oil sands.
In the previous article, we looked at Total’s (TOT) moving average trend. Now let’s consider its implied volatility to forecast its stock price range leading up to September 28.
In the previous article, we learned that Total (TOT) stock has risen 4% in the current quarter. Now let’s look at Total’s moving average trend in the quarter.
Suncor Energy (SU) is the final stock in our list of the top eight integrated energy stocks. The company’s market cap of ~$63.0 billion makes it the smallest company among the eight integrated energy stocks in our survey.
In this series, we’ll rank eight integrated energy stocks on their dividend yields. BP (BP) occupies the top slot, followed by Royal Dutch Shell (RDS.A) and ENI (E). Suncor Energy (SU) has the lowest dividend yield.
NEW YORK, NY / ACCESSWIRE / September 17, 2018 / Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register ...
In the previous part, we discussed Royal Dutch Shell’s (RDS.A) stock performance, which has fallen 7% in the third quarter. Now, we’ll discuss Shell’s moving average trend in the current quarter. We’ll also discuss the company’s moving averages in the first and second quarter.
Royal Dutch Shell (RDS.A) stock has fallen 7% in the third quarter due to lower oil prices. WTI, the benchmark oil, has fallen 6% in the third quarter. However, the markets have risen. The SPDR S&P 500 ETF, which is a broader market indicator, has increased 6% in the third quarter.
Oil prices are once again trending upward as the Iran sanctions loom and geopolitical tensions rise around the globe – increasing the likelihood of outages
ExxonMobil (XOM) stock is covered by 20 Wall Street analysts, six (or 30%) of whom have assigned “buy” or “strong buy” ratings to the stock. However, 11 analysts (or 55%), representing the majority, have assigned “hold” ratings to the stock.
A colossal Canadian oil-sands project may be showing the way forward for an industry many thought would never see new investments. In a forest clearing roughly the size of Cleveland, building-sized trucks dump tons of oily soil into a massive crushing facility, while conveyors move the dirt on the other end to a plant where hot water and solvents will turn it into heavy crude for U.S. refineries. Welcome to Fort Hills, a Suncor Energy Inc. oil-sands mine in northern Alberta that had its formal opening on Monday.
Short interest (percentage of outstanding shares) in Chevron (CVX) has fallen 0.1% since July 2 to the current level of 0.9%. That usually signifies that the bearish sentiment in the stock has decreased. During the same period, CVX stock has fallen 4.3%.
The leading Canadian oil sands producer won’t sanction any expansion projects until construction starts on new pipelines.
A court overturned last week the Canadian government's approval of the Trans Mountain pipeline expansion. "There is clearly a question of confidence in Canada," Williams said. Suncor is currently ramping up production of its new Fort Hills mine in the Alberta oil sands and is due to decide in late 2019 and early 2020 whether to expand production at existing facilities, Williams said.
Suncor Energy Inc , one of Canada's biggest oil producers, will not sanction further expansions of crude production until it becomes clearer when new pipelines will be ready, Chief Executive Steve Williams said on Wednesday. A court overturned last week the Canadian government's approval of the Trans Mountain pipeline expansion. "There is clearly a question of confidence in Canada," Williams said.
Canada's main stock index slipped on Wednesday, as energy stocks declined in tandem with a fall in oil prices and uncertainty around trade talks persisted. * At 9:34 a.m. ET , the Toronto Stock Exchange's ...
Eight Wall Street analysts cover Royal Dutch Shell (RDS.A). Of these, seven (or 88%) analysts recommended Shell stock as a “buy” or “strong buy.” Shell’s mean target price of $81.00 per share implies a 22.0% gain from the current level.
In the previous article, we saw that Suncor Energy (SU) had the highest percentage of “buy” ratings among global integrated energy stocks.
Suncor Energy (SU) occupies the top spot based on the number of “buy” ratings it’s received from Wall Street analysts. SU’s mean price target of 62.9 Canadian dollars per share ($48.3 per share) in August represented a 32% rise over its mean target price in August 2017. SU’s current mean target price implies a ~16% gain from its current level.
Canadian Natural (CNQ) views Joslyn as a viable project at the moment, courtesy of location advantage, crude rally and the company's expertise in oil sands operations.
CALGARY, Alberta, Aug. 30, 2018-- Steve Williams, president and chief executive officer, will present at the Barclays CEO Energy-Power Conference on Wednesday, September 5, 2018 at 9:05 a.m. MT.. The ...
Canada’s economy grew at the fastest pace in a year in the second quarter as exports surged, though a slowdown in business investment may cast some clouds over the brighter economic picture. Gross domestic product expanded at a 2.9 percent annualized pace from April to June, faster than a 1.4 percent increase in the first quarter of 2018, Statistics Canada said in a report Thursday from Ottawa. It’s a development that will give the Bank of Canada little reason to speed up interest-rate hikes, given the importance policy makers have placed on the need for demand to rotate away from consumption toward business investment.
In the previous part of this series, we looked at changes in short interest in ExxonMobil (XOM). ExxonMobil (XOM) currently trades at a forward EV-to-EBITDA of 7.2x, above the peer average of 4.9x. ExxonMobil is a financially sturdier company than many of its peers.