|Bid||15.80 x 3000|
|Ask||16.06 x 1800|
|Day's Range||15.65 - 16.14|
|52 Week Range||9.61 - 34.56|
|Beta (5Y Monthly)||1.65|
|PE Ratio (TTM)||7.12|
|Forward Dividend & Yield||0.62 (3.79%)|
|Ex-Dividend Date||Jun. 03, 2020|
|1y Target Est||42.83|
Air Canada (TSX:AC) and Suncor Energy (TSX:SU)(NYSE:SU) are two turnaround stocks that could pay off big time. Find out which one is more appealing. The post Air Canada (TSX:AC) Vs. Suncor (TSX:SU): Which Stock Could Double This Year? appeared first on The Motley Fool Canada.
I'm tempted to buy Suncor Energy Inc. (TSX:SU)(NYSE:SU) and another battered dividend stock right now for sustainable but large dividends.The post 2 Dirt-Cheap TSX Income Stocks That Pay Big Dividends appeared first on The Motley Fool Canada.
Investors are once again looking for high-risk, high-reward plays. Here are my top three picks: Suncor Energy (TSX:SU)(NYSE:SU), Inter Pipeline (TSX:IPL), and H&R REIT (TSX:HR.UN).The post Buy Alert: 3 Cash-Rich TSX Picks to Buy Today appeared first on The Motley Fool Canada.
Shares of Suncor Energy Inc (TSX:SU)(NYSE:SU) have been cut in half this year.The post Is Suncor (TSX:SU) a Bargain Buy? appeared first on The Motley Fool Canada.
This TSX energy stock offers a huge growth opportunity with steady income. The post Forget Suncor (TSX:SU): Earn Big With This Energy Stock appeared first on The Motley Fool Canada.
(Bloomberg) -- This week’s escalation of American pipeline setbacks is heightening concerns among Canadian oil producers who export almost all of their crude to the U.S.Alex Pourbaix, the chief executive officer of Cenovus Energy Inc., called a ruling temporarily shutting down the Dakota Access pipeline on Monday “pretty disturbing” in its implications that existing conduits may now be at risk. His concerns were echoed by the CEOs of Suncor Energy Inc. and Exxon Mobil Corp.’s Imperial Oil Ltd.“If that would be the new standard, I think it’s going to be incredibly difficult for anybody to invest in any kind of infrastructure,” Pourbaix, who formerly served as chief operating officer of pipeline giant TransCanada Corp., said Tuesday during a Toronto-Dominion Bank conference. “If there’s an opportunity to come back on those regulatory decisions years after the fact, I think that’s a real significant problem.”Crude from the oil sands, a landlocked area of northern Alberta that holds the world’s third-largest crude reserves, is almost entirely shipped through U.S. pipelines to refineries in the Midwest and Gulf Coast. The lack of enough shipping capacity has been the dominant problem facing the industry for the past several years.On Sunday, U.S. power company Dominion Energy Inc. and partner Duke Energy Corp. said they’re killing the controversial Atlantic Coast gas pipeline, citing ongoing delays and uncertainty on costs. The next day, a U.S. district court ruled that Energy Transfer LP’s Dakota Access pipeline will have to shut down in about a month because a federal permit for the line fell short of environmental requirements. Later that day, the U.S. Supreme Court left in force a lower court order that blocks construction on TC Energy Corp.’s Keystone XL pipeline.Also See: Grim Day for Pipelines Shows They’re Almost Impossible to BuildCanada’s oil-sands industry was counting on recent momentum on key projects like the Trans Mountain expansion that links the oil sands to the Pacific Coast, and the replacement and expansion of Enbridge Inc.’s Line 3, which links Hardisty, Alberta, to Superior, Wisconsin. While producers had grown used to delays on new projects, the ruling on the Dakota Access line was particularly worrying because it had already been operating for three years.Similarly, Canadian producers have also had to deal with a temporary shutdown of Enbridge’s Line 5, which helps carry crude and natural gas liquids to refineries in eastern Canada. A Michigan judge ordered the full line shut down last month after damage was found on a portion of it running through the Great Lakes. While Enbridge was allowed to restart the line a week later, Michigan’s governor and attorney general still are working to force the line to cease operations.Imperial has been looking at using ships and rail to supply Ontario refineries in case the line has an extended shutdown, CEO Brad Corson said Tuesday at the TD Securities conference.“The team worked quite proactively over the last couple of weeks to make sure we had adequate contingency plans in place should Line 5 be interrupted for an extended period of time,” he said.Suncor CEO Mark Little said his company also relies on Line 5 to supply its refineries in Sarnia, Ontario, and Montreal. The company can use rail, ships or a Maine pipeline to supply those facilities, but those are costlier methods, and a shutdown of the line would be a “huge potential threat” and could increase the price of oil products like gasoline in the U.S. and Canada, Little said.“This is something that would impact consumers in all of those markets,” he said.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Suncor’s high valuation and uncertain economic outlook play spoilsport.The post Suncor (TSX:SU) Stock Dips Below $23: Should You Buy? appeared first on The Motley Fool Canada.
Suncor Energy (TSX:SU) is down 50% from the 2020 high. Is the stock a buy at this level?The post Is Suncor Energy (TSX:SU) a Cheap Stock Today? appeared first on The Motley Fool Canada.
Suncor Energy Inc. (TSX:SU)(NYSE:SU) is a Warren Buffett stock I'll be looking to buy if the market crashes in the second half of 2020.The post A Warren Buffett Stock I'd Buy If Markets Crash Again appeared first on The Motley Fool Canada.
This group of high-yield dividend stocks, including Royal Bank of Canada (TSX:RY)(NYSE:RY), can help give your portfolio a much-needed raise.The post Got $10K to Invest? Create a "Dream Income Stream" With These 3 High-Yield Stocks appeared first on The Motley Fool Canada.
Will Canadian Natural Resources Ltd. (TSX:CNQ)(NYSE:CNQ) follow Suncor Energy Inc. (TSX:SU)(NYSE:SU) and cut its dividend by around half?The post Canadian Natural Resources (TSX:CNQ): How Safe Is the Dividend? appeared first on The Motley Fool Canada.
TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange:Toronto Stock Exchange (15,622.40, up 107.18 points.)Bombardier Inc. (TSX:BBD.B). Industrials. Up 1.5 cents, or 3.57 per cent, to 43.5 cents on 7.9 million shares.Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Up 51 cents, or 2.17 per cent, to $24.06 on 6.7 million shares.Manulife Financial Corp. (TSX:MFC). Financials. Down six cents, or 0.32 per cent, to $18.41 on 6 million shares.Baytex Energy Corp. (TSX:BTE). Energy. Unchanged at 69 cents on 5.9 million shares.Kinross Gold Corp. (TSX:K). Materials. Down five cents, or 0.51 per cent, to $9.75 on 5.6 million shares.Suncor Energy Inc. (TSX:SU). Energy. Down 15 cents, or 0.66 per cent, to $22.74 on 5.3 million shares.Companies in the news:The Bank of Nova Scotia. (TSX:BNS). Up 28 cents to $56.46. Sagicor Financial Co. Ltd. says it will not go ahead with its acquisition of ScotiaLife Trinidad and Tobago Ltd. The company made the decision after it and Scotiabank Trinidad and Tobago Ltd. agreed not to proceed with a 20-year distribution agreement for insurance products in Trinidad and Tobago. Sagicor provides financial services in the Caribbean as well as life insurance in the United States. The announcement follows a decision last year by Sagicor to call off its deal to buy Scotia Jamaica Life Insurance Co. Ltd. following a similar decision regarding a distribution agreement. Financial terms of the sale were not disclosed at the time, but Scotiabank said that the transactions were not financially material.This report by The Canadian Press was first published July 2, 2020.The Canadian Press
Take a closer look at Suncor Energy and why the Oracle of Omaha loves this dirt-cheap oil company even amid the market volatility.The post This Dirt-Cheap Warren Buffett TSX Stock Should Be Your Top Pick appeared first on The Motley Fool Canada.
Warren Buffett broke his “American only” rule in favour of a pair of super TSX stocks. By his standards, the Restaurant Brands International stock and Suncor Energy stock are worth keeping.The post Warren Buffett Is Holding Onto These 2 Super TSX Stocks appeared first on The Motley Fool Canada.
Canadian pipeline operator Enbridge Inc can restart operations at the west leg of its Line 5 pipeline while the damaged east leg remains shut, a Michigan circuit court judge ruled on Wednesday. The ruling comes after the judge granted the Michigan attorney general's motion for a temporary restraining order last Thursday, requiring Enbridge to halt Line 5 operations. The judge also ruled the company has to disclose details about recent damage to the oil pipeline.
CERB users should buy TC Energy Corp. (TSX:TRP)(NYSE:TRP) and two other promising dividend plays to boost their income.The post CERB Users: Give Yourself a Big, Fat Raise With These 3 Passive-Income Generators appeared first on The Motley Fool Canada.
Top TSX stocks: Here are three oversold Canadian giants with strong fundamentals that offer handsome upside potential over the long term. The post TSX Stocks: 3 OVERSOLD Canadian Giants to Buy Today appeared first on The Motley Fool Canada.
Warren Buffett is exposed to the Canadian oil sector through Suncor stock, and he hasn't given up on the company the way he did with airline stocks.The post Warren Buffett Likes This 1 Hammered-Down TSX Stock appeared first on The Motley Fool Canada.
Despite the 55% dividend cut, the Suncor stock remains a solid pick if you want exposure in the energy sector. However, the space is riddled with uncertainties, including the threat of another oil price plunge.The post Suncor (TSX:SU) Slashes Dividends by 55% appeared first on The Motley Fool Canada.
Suncor could be an attractive Warren Buffett stock as he continues to remain patient with the market right now.The post What Does Warren Buffett Know That We Don't? appeared first on The Motley Fool Canada.
Active and momentum investors should consider buying stock in Suncor Energy (TSX:SU)(NYSE:SU) following news that Saudi Arabia opened a long position in the stock.The post Saudi Arabia Bought This TSX Energy Stock appeared first on The Motley Fool Canada.
Oil is a volatile space, so it might be better for more risk-averse investors to take advantage of the oil price appreciation by purchasing shares of a large producer like Canadian Natural Resources Ltd. (TSX:CNQ)(NYSE:CNQ). The post Oil Rush! 2 Energy Stocks for the Coming Recovery appeared first on The Motley Fool Canada.
Suncor and Restaurant Brands might be safe investments as Warren Buffett continues to play it safe in the stock market.The post Is Warren Buffett Too Old to Make Risky Bets? appeared first on The Motley Fool Canada.
Suncor Energy Inc. (TSX:SU)(NYSE:SU) stock has nearly doubled since the market bottom in March. Will shares of this oil company continue to move higher?The post Buy Alert: Suncor Energy (TSX:SU) Stock Just Popped 80% appeared first on The Motley Fool Canada.
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