32.96 +0.41 (1.24%)
After hours: 4:11PM EST
|Bid||31.50 x 1000|
|Ask||33.30 x 2900|
|Day's Range||32.43 - 33.59|
|52 Week Range||31.33 - 42.55|
|Beta (3Y Monthly)||1.16|
|PE Ratio (TTM)||16.13|
|Forward Dividend & Yield||1.11 (3.32%)|
|1y Target Est||42.83|
TransCanada Corporation (TSX:TRP)(NYSE:TRP) stock had another setback last week as the Keystone XL continues to run into issues.
Suncor Energy Inc. (TSX:SU)(NYSE:SU), one of Canada's top oil producers, is a good stock to buy as oil prices slide. The company's low-cost and integrated nature make it a safe bet.
Suncor, and its Petro-Canada brand, today affirmed support of the City of Calgary’s bid to host the 2026 Olympic and Paralympic Winter Games. “The Games and our Team Canada athletes capture people’s imaginations, ignite an unparalleled sense of pride and provide an opportunity to unite communities across our country,” said Steve Williams, president and chief executive officer, Suncor.
Imperial Chief Executive Officer Rich Kruger puts the rationale for the C$2.6 billion ($2 billion) Aspen project in northern Alberta down to building when others aren’t to save money. The decision comes in stark contrast to moves by Royal Dutch Shell Plc. and ConocoPhillips to sell oil-sands assets, and by locals like Cenovus Energy Inc. and Canadian Natural Resources Ltd. that are curtailing production to weather rock-bottom prices. Imperial is looking at ways to process more heavy crude at its refineries and could place some of the new production in Enbridge Inc.’s Line 3, the one export pipeline that’s under construction and scheduled to be completed late next year.
Suncor announced today that Jacynthe Côté will be stepping down from Suncor’s Board of Directors effective immediately. "Jacynthe has been a valued member of our Board, serving as a member of our audit committee and our environment, health, safety and sustainable development committee,” said Mike Wilson, chair of Suncor’s Board of Directors. “Since she joined our Board in February 2015, she’s leveraged her significant mining industry experience, lending strategic insights and guidance on Suncor’s business strategy.
Fortis Inc. (TSX:FTS)(NYSE:FTS) and Suncor Energy Inc. (TSX:SU)(NYSE:SU) are popular Canadian stocks. Is one a better RRSP bet today?
Suncor Energy Inc. (TSX:SU)(NYSE:SU) and Freehold Royalties Ltd. (TSX:FRU) are great buys today, giving TFSA investors reliable high yields of 3.21% and 6.61%, respectively.
NEW YORK, Nov. 06, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
In the previous part of this series, we looked at Wall Street’s ratings for Chevron (CVX). In this part, we’ll look at changes in Chevron’s implied volatility. We’ll also estimate Chevron’s stock price range for the seven-day period ending November 9.
While the rest of the world is bearing the brunt of high oil prices, Canadian drillers continue to suffer from record-low prices for their heavy crude
We started this series by examining ExxonMobil’s (XOM) segmental earnings in the third quarter. We discussed ExxonMobil’s stock performance after its third-quarter earnings release on November 2. In this part, we’ll evaluate analysts’ ratings for ExxonMobil after its third-quarter earnings.
In this series, we’ve looked at Chevron’s (CVX) Q3 2018 earnings by segment. We also discussed Chevron’s stock performance since its earnings release on November 2. Now, we’ll look at the Wall Street ratings for the stock.
Chevron (CVX) announced its Q3 2018 results on November 2. The stock opened at $114.9 per share, which was higher than its previous close of $111.2. This rise could be because Chevron’s Q3 2018 earnings surpassed Wall Street’s estimate. The stock saw a high of $117.1 and a low of $113.1 during the day. Eventually, CVX closed at $114.7—around 3.2% higher than the previous day’s close.
Instead of being a victim of low Canadian oil prices, Suncor Energy takes full advantage of the situation with its integrated business model.
Suncor's (SU) third quarter delivers better-than-expected earnings on improved commodity price realizations, higher refining margins, along with robust production volumes from Hebron and Fort Hills.
Suncor Energy Inc. (TSX:SU)(NYSE:SU) and Enerplus Corp. (TSX:ERF)(NYSE:ERF) are two high-quality energy stocks trading at attractive valuations.
Royal Dutch Shell (RDS.A) announced earnings on November 1 before the market opened. Shell stock opened at $63.5 per share—a bit higher than the previous close of $63.2. Eventually, Shell stock closed at $63.2, which was ~0.1% lower than the previous day’s close. The decline could be due to Shell’s third-quarter earnings, which missed analysts’ estimate.
Barrick Gold Corp. (TSX:ABX)(NYSE:ABX) is one of a handful of TSX Index industry leaders that could take off in 2019.
As pot stocks go up in smoke, Canada’s cannabis sector has been grabbing most of the headlines these days. But investors might want to pay closer attention to the oil patch.
Suncor, which has dedicated pipeline space for its crude as well as refineries in Canada, is mostly insulated from the impact of growing price discounts that U.S. refineries apply to Canadian oil, which have hurt rival producers, Williams said. "If we were, we wouldn't hesitate to pull throughput back." Rival Cenovus Energy Inc said on Wednesday it was limiting output due to severe discounts. Discounts should abate this year, with more significant relief arriving when Enbridge Inc's expanded Line 3 pipeline comes online late next year, Williams said.
Suncor Energy Inc, Canada's second-largest energy producer, does not need to reduce crude output as some of its peers are doing to cope with low prices, Chief Executive Steve Williams said on Thursday. Suncor, which has dedicated pipeline space for its crude as well as refineries in Canada, is mostly insulated from the impact of growing price discounts that U.S. refineries apply to Canadian oil, which have hurt rival producers, Williams said.
The average of 16 analysts’ estimates compiled by Bloomberg was 92 cents. Key InsightsBecause of its refining operations and Petro-Canada gas stations, Suncor has been largely immune to the widening discounts for Canadian crude that have hurt some of its rivals. Syncrude, the 350,000-barrel-a-day plant that’s majority owned by Suncor, is now back at normal operating rates after going down in late June because of a transformer issue that knocked out power to the facility.
Suncor Energy (SU) delivered earnings and revenue surprises of 2.82% and -10.52%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
CALGARY — Suncor Energy Inc. is reporting third-quarter operating income of $1.56 billion, an 80 per cent increase over $867 million in the same period of 2017.