SU.TO - Suncor Energy Inc.
| Previous Close | 39.45 |
| Open | 39.32 |
| Bid | 39.75 x N/A |
| Ask | 39.78 x N/A |
| Day's Range | 39.30 - 39.88 |
| 52 Week Range | 36.32 - 46.50 |
| Volume | 5,941,951 |
| Avg. Volume | 3,911,308 |
| Market Cap | 60.816B |
| Beta (5Y Monthly) | 1.50 |
| PE Ratio (TTM) | 21.38 |
| EPS (TTM) | 1.86 |
| Earnings Date | Apr. 28, 2020 - May 03, 2020 |
| Forward Dividend & Yield | 1.86 (4.75%) |
| Ex-Dividend Date | Mar. 02, 2020 |
| 1y Target Est | 50.00 |
- The Motley Fool
1 Warren Buffett Canadian Dividend Stock Is a Better Buy Today
Get rich through dividends and price appreciation with these Warren Buffett TSX stocks! Should you buy Suncor Energy (TSX:SU)(NYSE:SU) stock or Restaurant Brands (TSX:QSR)(NYSE:QSR)?
- The Motley Fool
RRSP Deadline: A Contrarian Dividend Stock for a Retirement Portfolio in 2020
Buying top TSX Index stocks when they are out of favour can produce big gains down the road.
- The Motley Fool
RRSP Millionaire: 2 Cheap Stocks for a Self-Directed Pension Fund
It's still possible to retire rich.
- The Motley Fool
Debunked: 2 Investing Lies That Won’t Make You Rich
Two common investing lies have been debunked. From here on out, you can make well-informed decisions and start your journey to wealth with the Chorus Aviation stock and Suncor stock.
- Thomson Reuters StreetEvents
Edited Transcript of SU.TO earnings conference call or presentation 6-Feb-20 2:30pm GMT
Q4 2019 Suncor Energy Inc Earnings Call
- Zacks
The Zacks Analyst Blog Highlights: TOTAL, BP, ConocoPhillips, Suncor Energy and National Oilwell Varco
The Zacks Analyst Blog Highlights: TOTAL, BP, ConocoPhillips, Suncor Energy and National Oilwell Varco
- Zacks
Oil & Gas Stock Roundup: TOTAL & BP Report Q4 Earnings
TOTAL (TOT) and BP plc (BP) both raised dividends.
- The Motley Fool
2 Core Canadian Stocks That Already Raised Their 2020 Dividends
If you are an investor seeking income-generating stocks, consider these two TSX companies including Enbridge Inc (TSX:ENB)(NYSE:ENB), which have already raised their dividends for 2020.
- The Motley Fool
TFSA Investors: 2 Dividend Aristocrats With Massive Upside Potential!
Suncor Energy Inc. (TSX:SU)(NYSE:SU) and another dividend growth king I'd buy right now!
- The Motley Fool
Canadian Blue-Chip Stocks That Are Raising the Dividend
Suncor (TSX:SU) and CN Rail's (TSX:CNR) stock are worth adding to your portfolio as part of a dividend growth strategy.
- The Motley Fool
TFSA Dividend Investing: 3 Top Stocks Yielding as High as 5.8%
This trio of top dividend plays, including Husky Energy (TSX:HSE), can provide the fat income you need now.
- The Motley Fool
Warren Buffett Is Buying These 2 TSX Stocks: Should You?
Warren Buffett is buying Suncor stock and Restaurant stock. Should you too? Take a look at the stocks closely for 2020.
- The Canadian Press
Most actively traded companies on the TSX
TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange:Toronto Stock Exchange (17,655.49, down 102.00 points.)Bombardier Inc. (TSX:BBD.B). Industrials. Up four cents, or 2.8 per cent, to $1.47 on 15.3 million shares.Aurora Cannabis Inc. (TSX:ACB). Health care. Down 40.5 cents, or 15.2 per cent, to $2.26 on 13.7 million shares.Suncor Energy Inc. (TSX:SU). Energy. Down 82 cents, or 2.08 per cent, to $38.67 on 7.1 million shares.Enbridge Inc. (TSX:ENB). Energy. Up 15 cents, or 0.27 per cent, to $56.13 on 6.6 million shares.First Capital Real Estate Investment Trust. (TSX:FCR.UN). Real estate. Up three cents, or 0.14 per cent, to $21.81 on 5.7 million shares.Manulife Financial Corp. (TSX:MFC). Financials. Down 21 cents, or 0.78 per cent, to $26.56 on 4.2 million shares. Companies in the news:Canada Goose Holdings Inc. (TSX:GOOS). Down $1.90 or 4.3 per cent to $42.25. Luxury parka maker Canada Goose Holdings Inc. slashed expected revenue growth for the year due to "material negative impact" from the new coronavirus outbreak. The health crisis "has hit our biggest current growth market," said chief executive Dani Reiss during a conference call with analysts Friday after the company released its third-quarter financial results. Canada Goose has seen significant reductions in revenue at retail stores and through online shopping across Greater China. Meanwhile, global travel disruptions, such as flight cancellations and restrictions on movement, have affected retail stores in international shopping destinations in North America and Europe.CAE Inc. (TSX:CAE). Up $1.35 or 3.4 per cent to $41.48. CAE Inc. says net income rose in its third quarter as it saw revenue gains across its civil aviation, defence, and health care segments. The high-tech training company says it had a net income of $99.8 million, or 37 cents per share, in the quarter ending Dec. 31, up from $79.5 million, or 29 cents per share in the same quarter last year. Revenue came in at $923.5 million, up from $816.3 million for the same quarter last year. Analysts had expected revenue of $941 million and net income of $92.4 million or 36 cents per share according to financial markets data firm Refinitiv. Aurora Cannabis Inc. — Industry watchers say this week's rash of cannabis company layoffs and executive departures is likely to continue. They are expecting a rocky year for the industry and anticipating that the coming months will bring more dramatic staffing cuts and changes to leadership at small and large cannabis companies alike. Their predictions come in the wake of Aurora Cannabis Inc.'s Thursday announcement, revealing that it would be slashing 500 staff jobs, taking nearly $800 million in goodwill writedowns and seeing the departure of its CEO Terry Booth. Aurora's news came just days after Tilray Inc. said it would lay off 10 per cent of its workforce in a bid to cut costs and a week after Sundial Growers axed some of its workforce.This report by The Canadian Press was first published Feb. 7, 2020. The Canadian Press
- The Motley Fool
Investors: Why the U.S. Election Might Be Excellent News for Your Energy Stocks
A certain U.S. politician doing well in the polls could have a positive impact for Canada's largest oil producers, like Suncor Energy (TSX:SU)(NYSE:SU).
- Oilprice.com
Peak Shale Will Send Oil Prices Sky High
With much of the cheap oil produced and U.S. shale nearing a peak, the world risks a major oil price spike which could end up triggering a financial crisis
- The Motley Fool
Suncor (TSX:SU) Stock: All-Time High Dividend Yield
Suncor Energy (TSX:SU)(NYSE:SU) is a cash cow, and it just raised its dividend!
- The Motley Fool
Canadian Investors: Should You Buy the Dips on Suncor Energy (TSX:SU) Stock?
Any small dips on Suncor Energy (TSX:SU)(NYSE:SU) stock allows dividend growth investors another opportunity to lucratively invest alongside Warren Buffett.
- The Canadian Press
Suncor defers Montreal refinery project to focus on low-cost oilsands expansions
CALGARY — Suncor Energy Inc.'s on-again, off-again plan to add a coker unit to its Montreal refinery to allow it to process heavier barrels of oil, including oilsands bitumen, is off the table as it shuffles its spending priorities.The $2-billion project has been shelved as the company focuses on low-cost oilsands expansions, projects that will help reduce emissions and cost-cutting digital technologies, CEO Mark Little said Thursday on a conference call to discuss fourth-quarter results.Little said the company is listening to investors as it aims to generate more free cash flow while keeping spending in check."Some of the concern we see from the investors is, 'Wow, you're going to plow $2 billion into Montreal, are you sure?'," he said."We spent a lot of time thinking about that and running all the analysis and concluded that actually wasn't the prudent investment for the shareholder."Suncor also elected to defer sanctioning of its proposed 40,000-barrel-per-day Meadow Creek oilsands project, which would produce bitumen from wells, until 2023 at the earliest, Little said.Instead, it will invest in boosting production from its existing similar Firebag facility to nameplate capacity of 203,000 bpd by 2021 and then potentially add 20,000-30,000 bpd by 2024-25.It also plans to build lower-emission co-generation units at its Base Plant this year and begin construction of a $300-million wind power project in southern Alberta.The Calgary-based energy giant reported a net loss of $2.3 billion for quarter ended Dec. 31 due mainly to asset impairment charges of $3.3 billion.That includes $2.8 billion due to lower forecast prices for heavy oil from its Fort Hills oilsands mine in northern Alberta and $393 million linked to higher capital cost estimates for the West White Rose expansion project off the coast of Newfoundland and Labrador, which is expected to begin producing oil in 2022.Husky Energy Inc., which is the major owner and operator of the White Rose field, said its numbers align with those of Suncor."As indicated last year, we had some initial challenges with productivity at West White Rose, and we are now seeing good execution and are on track," said Husky spokeswoman Kim Guttormson, who declined to give a detailed cost estimate for the expansion.Suncor said it expects its share of production from the White Rose field will average about 8,700 bpd over its life and its share of future capital expenditures is about $1.4 billion.Suncor shares fell by as much as 4.6 per cent in early trading on the Toronto Stock Exchange, although it announced an 11 per cent increase in its quarterly dividend and a $2-billion extension of its program to buy back shares.Analysts said its production results were generally in line, but misses on its operating and capital costs in the quarter were slightly negative.Little also announced Suncor will file an application in the current quarter for a project to extend its base oilsands mine to a new area when its current resource is depleted in about 2035.The project represents one of many options and wouldn't be officially approved for at least a decade, he stressed."We feel that filing in 2020 is prudent under the current regulatory process, including the effects of the new (federal) assessment act, to ensure adequate time is provided for the regulatory process," he said."Should we choose to extend the mine, the plan is to incorporate non-aqueous extraction technology which significantly reduces the costs and environmental impacts of mining oilsands versus our current operations."Suncor reported its MacKay River oilsands project, which produces about 30,000 bpd from wells, was shut down following an operational problem in December and is not expected back to be back on line until after March.The outage won't affect 2020 guidance for the company, Little said, because the loss of barrels can be counted under Alberta's ongoing oil production curtailment program.This report by The Canadian Press was first published Feb. 6, 2020.Companies in this story: (TSX:SU, TSX:HSE)Dan Healing, The Canadian Press
- The Canadian Press
Suncor Energy posts $2.3B loss as it writes down oilsands and offshore assets
CALGARY — Suncor Energy Inc. is reporting a net loss of $2.3 billion for the fourth quarter of 2019 due mainly to asset impairment charges of $3.3 billion.The Calgary company says about $2.8 billion of the charges are related to lower forecast oil prices for production from its Fort Hills oilsands mine in northern Alberta.About $393 million accounts for higher capital cost estimates for the West White Rose Project off Newfoundland and Labrador, expected to begin producing oil in 2022.Analysts had expected net income of $1.1 billion or 65 cents per share in the last three months of 2019, up from $580 million or 36 cents in the same quarter of 2018, according to financial markets data firm Refinitiv.Suncor reported comparable operating earnings rose to $782 million or 51 cents per share in the quarter ended Dec. 31 due to improved western Canadian crude oil prices.Total upstream production was 778,000 barrels of oil equivalent per day during the fourth quarter of 2019, compared to 831,000 boe/d in the prior year quarter.The decrease was mainly due to lower oilsands production of 418,000 barrels per day, compared with 433,000 in the year-earlier period, as a result of planned maintenance and provincial production curtailments in Alberta.The company says it will increase its quarterly dividend by 11 per cent to 46.5 cents per share in March.This report by The Canadian Press was first published Feb. 5, 2020.Companies in this story: (TSX:SU)The Canadian Press
- GlobeNewswire
Suncor Energy reports fourth quarter 2019 results
Unless otherwise noted, all financial figures are unaudited, presented in Canadian dollars, and have been prepared in accordance with International Financial Reporting Standards, specifically International Accounting Standard 34 Interim Financial Reporting as issued by the International Accounting Standards Board. Production volumes are presented on a working-interest basis, before royalties, except for Libya, which are presented on an economic basis. Certain financial measures referred to in this news release (funds from operations, operating earnings, Oil Sands operations cash operating costs, Fort Hills cash operating costs and Syncrude cash operating costs) are not prescribed by Canadian generally accepted accounting principles (GAAP).
- GlobeNewswire
Suncor Energy declares increased dividend and announces additional share repurchase program
Suncor Energy’s Board of Directors has approved a quarterly dividend of $0.465 per share on its common shares, payable March 25, 2020 to shareholders of record at the close of business on March 4, 2020. This dividend represents an approximate 11% increase over the prior quarter and marks 18 years of consecutive annualized dividend increases. In addition, the current $2.5 billion share repurchase program will expire at the end of February.
- The Motley Fool
Be a Warren Buffett Copycat: “Buy Right and Sit Tight”
Copying the strategies of Warren Buffett is a clever idea. With quality stocks like Suncor stock and Restaurant Brands stock, you focus on the long term.
- The Motley Fool
Warren Buffett Could Buy More of These 2 Canadian Dividend Stocks on the Dip
The Oracle of Omaha may consider adding Suncor Energy Inc. (TSX:SU)(NYSE:SU) and another TSX Buffett stock to on weakness.
- The Motley Fool
RRSP Investors: How Top Dividend Stocks Can Help You Retire Rich
The RRSP is a great option to help Canadians set cash aside for the golden years.
- The Motley Fool
The Top Core Canadian Stock to Buy in February
Suncor Energy Inc (TSX:SU)(NYSE:SU) is one of the best companies you can buy today. It will pay you a growing and reliable dividend and is trading extremely undervalued.
