SU - Suncor Energy Inc.
| Previous Close | 31.71 |
| Open | 31.77 |
| Bid | 32.18 x 800 |
| Ask | 32.19 x 3200 |
| Day's Range | 31.58 - 32.28 |
| 52 Week Range | 25.81 - 34.87 |
| Volume | 505,819 |
| Avg. Volume | 2,780,757 |
| Market Cap | 49B |
| Beta (3Y Monthly) | 1.42 |
| PE Ratio (TTM) | 14.17 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 1.27 (4.07%) |
| Ex-Dividend Date | 2019-12-02 |
| 1y Target Est | N/A |
- Zacks
Oil & Gas Stock Roundup: Kinder Morgan's 2020 Plans, Chesapeake's Debt Financing & More
The U.S. crude benchmark marked the highest settlement since September after the OPEC+ group announced cutting output by as much as 500,000 barrels per day from Jan 1 for three months.
- The Motley Fool
RRSP Investors: 2 Oversold Dividend Stocks to Consider for 2020
Canadian savers are constantly searching for ways to boost the size of their retirement fund.
- The Motley Fool
3 High-Yield Dividend Stocks to Gift Yourself This Christmas
As the holiday season approaches, let's take a look at stocks from Canadian Tire, Cineplex, and Suncor -- high-yield stocks you may consider for your portfolio.
- Oilprice.com
Cautious Canadian Oil Majors Forced To Cut Spending
Canadian oil majors continue to send mixed signals, and while some remain upbeat about 2020, many are announcing spending cuts
- Zacks
Suncor Energy (SU) Announces 2020 CapEx & Production Plan
Suncor Energy (SU) issues total capital budget outlook for 2020 in the range of C$5.4-C$6 billion.
- The Motley Fool
Worried About Rising Interest Rates? Protect Your Money With These 3 Tips
If you think interest rates are going higher, then it's time to load up on Suncor Energy (TSX:SU)(NYSE:SU). Here's why.
- The Canadian Press
Most actively traded companies on the TSX
TORONTO - Some of the most active companies traded Tuesday on the Toronto Stock Exchange:Toronto Stock Exchange (16,892.18, down 89.29 points.)Continental Gold Inc. (TSX:CNL). Mining. Down six cents, or 1.11 per cent, to $5.33 on 11.6 million shares.Bombardier Inc. (TSX:BBD.B). Industrial. Down six cents, or 2.99 per cent, to $1.95 on 9.8 million shares.Harte Gold Corp. (TSX:HRT). Mining. Down five cents, or 28.57 per cent, to 12.5 cents on 9.7 million shares.Encana Corp. (TSX:ECA). Energy. Down four cents, or 0.78 per cent, to $5.12 on 9.6 million shares.Aurora Cannabis Inc. (TSX:ACB). Health care. Up five cents, or 1.55 per cent, to $3.27 on nine million shares.Suncor Energy Inc. (TSX:SU). Energy. Down 66 cents, or 1.6 per cent, to $40.71 on 7.3 million shares. \---Companies in the news:Bank of Montreal. (TSX:BMO). Finance. Down $2.14, or 2.12 per cent, to $98.57 on 3.6 million shares. The Bank of Montreal's fourth-quarter profit fell to $1.19 billion as it was hit by a restructuring charge related primarily to severance that will affect about five per cent of the its global workforce, the bank announced Tuesday. The quarter ended Oct. 31 included a $357-million restructuring charge as a result of the bank's decision to accelerate delivery of digitization initiatives and simplification of the way it does business.Hudson's Bay Co. (TSX:HBC). Retail. Down 43 cents, or 4.41 per cent, to $9.31 on 564,000 shares. An investment firm and Canada's oldest retailer will face off at a hearing at the Ontario Securities Commission as the battle to take Hudson's Bay Co. private heats up. Catalyst Capital Group Inc. said late Monday it filed a notice of application for a hearing with the OSC to block a privatization bid led by HBC executive chairman Richard Baker. A group of shareholders, including Baker, is offering a buyout priced at $10.30 per share. HBC's board approved the deal after the group bumped their price by 85 cents from $9.45 per share.Canadian National Railway Co. (TSX:CNR). Transport. Down $2.60, or 2.17 per cent, to $117.15 on 1.3 million shares. Canadian National Railway Co. cut its profit forecast Tuesday in the wake of an eight-day strike by 3,200 workers that brought the railway to a near halt. CN now predicts 2019 adjusted diluted earnings per share will grow in the mid single-digit range, down from earlier guidance targeting the high single-digits. The strike reduced its earnings per share by about 15 cents, CN estimated.The Canadian Press
- The Motley Fool
Use Your TFSA to Become a Millionaire
Add Suncor Energy Inc. (TSX:SU)(NYSE:SU) to your TFSA today to accelerate wealth creation.
- The Motley Fool
Warren Buffett Just Approved This Canadian Stock
Warren Buffett purchased 10.8 million shares of Suncor Energy Inc. (TSX:SU)(NYSE:SU) this year. Is this your chance to follow one of the greatest investors in history?
- The Motley Fool
Retire Early: 3 Dividend Stocks to Build TFSA Wealth
A diversified portfolio to get your self-directed TFSA pension started.
- The Canadian Press
Suncor keeps 2020 oil budget flat, approves $300-million wind farm project
CALGARY — Oilsands giant Suncor Energy Inc. says it will keep capital spending related to its oil operations flat next year while moving forward with a new $300-million wind power project in southern Alberta.The Calgary-based company says its capital budget for 2020 will rise by about 10 per cent to a mid-point of $5.7 billion from this year's $5.15 billion.Suncor announced it has sanctioned the first 200-megawatt phase of its Forty Mile Wind Power Project, which received Alberta regulatory approval last spring. About 25 per cent of the capital cost is expected to be incurred this year and the remainder in 2020 and 2021.Suncor say the project is a key component of its sustainability strategy as it targets cutting its greenhouse gas intensity by 30 per cent by 2030.It says the 2020 capital budget increase also includes $300 million for its $1.4-billion project to replace coke-fired boilers at its oilsands base camp in northern Alberta with cleaner natural gas-powered co-generation units for heat for the plant and electricity for the provincial power grid.It also plans to invest $150 million in digital technology initiatives and $50 million to improve efficiency at the Syncrude oilsands mining complex by connecting it by pipeline with Suncor's nearby base camp works.“Looking forward to 2020, we will continue to focus on value over volume, investing in high-return projects that are largely independent of pipeline constraints and commodity price volatility, to deliver on our $2-billion incremental free funds flow target by 2023," said CEO Mark Little in a statement.Upstream production is expected to increase by about five per cent to about 820,000 barrels of oil equivalent per day.This report by The Canadian Press was first published Dec. 3, 2019.Companies in this story: (TSX:SU)The Canadian Press
- Bloomberg
Oil Sands Giants Restrain Spending as Pipeline Pinch Persists
(Bloomberg) -- Capital spending in Canada’s oil-sands reserves look set to continue to dwindle as pipeline bottlenecks persist and the Alberta government’s production limits remain in place.Husky Energy Inc. said early Monday that it’s cutting capital spending for 2020 and 2021 by a total of C$500 million ($375 million), and Suncor Energy Inc. said later in the day that it’s keeping spending on oil-related projects flat.While other major producers have yet to release spending plans for next year, the projections from Husky and Suncor show energy companies may continue to focus on wringing more profit from their existing output, rather than plowing money into churning out more barrels. After a year in which Canadian oil companies’ output was cut by mandatory production limits, Suncor is projecting a 5% production increase for next year, while Husky sees a 4% boost.“Looking forward, we will continue to focus on value over volume,” Suncor Chief Executive Officer Mark Little said in a statement. Suncor’s overall capital budget is increasing next year, but the added spending is being directed toward initiatives that will increase the company’s free funds flow, such as a cogeneration facility, digital technology initiatives and a bi-directional pipeline.The oil sands, which contain the world’s third-largest reserves of crude, have struggled to recover from the 2014-2016 downturn and a shortage of pipeline space that has weighed on prices and restrained production growth. Capital spending in the oil sands already was set to decline for the fifth straight year, to C$12 billion this year from C$33.9 billion in 2014, according to the Canadian Association of Petroleum Producers.To contact the reporter on this story: Kevin Orland in Calgary at korland@bloomberg.netTo contact the editors responsible for this story: Simon Casey at scasey4@bloomberg.net, Carlos CaminadaFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- The Motley Fool
3 Long-Term Picks From the Energy Sector
Here are three investments to consider from Canada's energy sector, which offer investors long-term growth and income-earning capabilities.
- The Motley Fool
Should Start Your CPP Pension at Age 60 or 70?
Canadians approaching retirement might be quick to take advantage of CPP. Utilizing your CPP and supplementing it with stocks like Suncor can help you make the best of it.
- The Motley Fool
If You Don’t Buy Suncor (TSX:SU) Shares Today, You’ll Be Kicking Yourself Later
When oil recovers – and it will – you'll regret not buying Suncor Energy (TSX:SU)(NYSE:SU) shares today.
- The Motley Fool
RRSP Investors: Should You Buy Suncor Energy (TSX:SU) or Nutrien (TSX:NTR) Stock in 2020?
Buying top stocks when they are out of favour can generate strong long-term returns for RRSP investors.
- The Motley Fool
Retirees: Here’s 1 Awesome Trick to Max Out Your CPP Pension
The best way to get the most out of your CPP is to time the withdrawal perfectly. If you have Scotiabank stock and Suncor stock growing your retirement savings, you can delay receiving your CPP until age 70.
- The Motley Fool
TFSA Investors: 3 Top Canadian Dividend Stocks to Buy Right Now
BCE Inc. (TSX:BCE)(NYSE:BCE) and these two other stocks are great pillars to build your portfolio around.
- The Motley Fool
Energy Investors: 2 Disrupting Technologies and 1 Top Stock
While two breakthroughs could change the face of energy investment, Suncor Energy Inc. (TSX:SU)(NYSE:SU) is still a top stock to buy and hold.
- The Motley Fool
2 Reasons Why Suncor (TSX:SU) Stock Will Rebound in 2020
Suncor Energy is a top dividend stock in Canada, but is it a good company to invest in right now after the dip in prices it experienced earlier in this year?
- The Motley Fool
Canadians: Build a Backup Pension the Professional Way
Suncor Energy and Royal Bank of Canada are ideal stocks to consider if you are seeking a comfortable retirement plan for your later years.
- The Motley Fool
RRSP Investors: 2 Unlikely Dividend Stocks to Start a Retirement Portfolio
Dividend stocks are popular picks for buy-and-hold investors who want to create a retirement fund.
- The Motley Fool
Long-Term Investors: Is There a Better Integrated Energy Company Than Suncor (TSX:SU)?
Suncor Energy Inc (TSX:SU)(NYSE:SU) has always been the pinnacle for integrated energy companies in Canada. Let's see if any of its peers are worth investing in.
- The Motley Fool
3 Big Trends, 3 Top Stocks: Here’s What to Buy This Week
Here’s how Suncor Energy Inc. (TSX:SU)(NYSE:SU) and two other top TSX stocks could help Canadians protect and grow their wealth.
- The Motley Fool
Here’s 1 Strong Way to Play a North American Recession
Suncor Energy Inc. (TSX:SU)(NYSE:SU) is a key stock for long-range investors seeking peace of mind and dependable passive income.
