SU stock icon

Suncor Energy
SU

$38.85
1.33%

Market Cap: 49.9B

 

About: Suncor Energy Inc is an integrated energy company. The company's operations include oil sands development, production and upgrading, offshore oil production, petroleum refining in Canada and the U.S., and the company's Petro-Canada retail and wholesale distribution networks. The company is developing petroleum resources while advancing the transition to a low-emissions future through investment in power, and renewable fuels. It also conducts energy trading activities focused principally on the marketing and trading of crude oil, natural gas, byproducts, refined products and power. The company's operating segments include Oil Sands, Exploration and Production, and Refining and Marketing. Geographically, the company generates a majority of its revenue from Canada.

Employees: 14,906

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 3 analysts
0
News positive %
of 9 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

31% more call options, than puts

Call options by funds: $527M | Put options by funds: $403M

25% more capital invested

Capital invested by funds: $25.9B [Q4 2023] → $32.4B (+$6.58B) [Q1 2024]

15% more funds holding in top 10

Funds holding in top 10: 20 [Q4 2023] → 23 (+3) [Q1 2024]

5.89% more ownership

Funds ownership: 61.85% [Q4 2023] → 67.74% (+5.89%) [Q1 2024]

1% less funds holding

Funds holding: 577 [Q4 2023] → 573 (-4) [Q1 2024]

6% less first-time investments, than exits

New positions opened: 63 | Existing positions closed: 67

7% less repeat investments, than reductions

Existing positions increased: 198 | Existing positions reduced: 214

Research analyst outlook

3 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$45
16%
upside
Avg. target
$49
26%
upside
High target
$57
47%
upside

3 analyst ratings

positive
67%
neutral
33%
negative
0%
Goldman Sachs
Neil Mehta
16%upside
$45
Buy
Maintained
28 May 2024
Goldman Sachs
Neil Mehta
16%upside
$45
Buy
Maintained
23 May 2024
TD Securities
Menno Hulshof
47%upside
$57
Hold
Maintained
22 May 2024

Financial journalist opinion

Based on 9 articles about SU published over the past 30 days