Is Suncor a good buy today?

Is Suncor a good buy today?

Suncor Energy currently has a Zacks Rank of #1 (Strong Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period.

Is Suncor a buy or sell?

Suncor Energy has received a consensus rating of Buy. The company’s average rating score is 2.81, and is based on 13 buy ratings, 3 hold ratings, and no sell ratings.

Why is Suncor stock dropping?

Suncor Energy Inc on Monday cut its 2020 production outlook and suspended share repurchases for the year following the decline in crude oil prices and due to the economic impact of the coronavirus outbreak.

What is Suncor stock worth Globe and Mail?

Price Performance

Period Period Low Performance
1-Month 30.61 +12.77% on 12/22/21 +3.56 (+11.50%) since 12/21/21
3-Month 27.87 +23.86% on 10/22/21 +6.58 (+23.55%) since 10/21/21
52-Week 21.07 +63.83% on 02/04/21 +11.58 (+50.48%) since 01/21/21

Does Suncor have a drip?

Q: Does Suncor have a Dividend Reinvestment Plan (DRIP) and/or a Cash Purchase Plan? A: Yes. For enrollment forms and other information please visit Computershare’s website. All registered Suncor shareholders are eligible to participate in the DRIP and/or the Optional Cash Purchase Plan.

Is Suncor a long term hold?

Suncor is a cyclical stock in a long-term downtrend Hence, the oil price is determined by demand and supply. While Suncor can’t control demand, it can control supply.

Is SU a good stock?

The financial health and growth prospects of SU, demonstrate its potential to outperform the market. It currently has a Growth Score of A. Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of B.

Is Suncor a good company?

Suncor overall is a great company that rewards its employees with total compensation over and above that of its competitors. That of course comes with uncertainty about job security and workplace politics.

Is SU to a good buy?

Valuation metrics show that Suncor Energy Inc. may be undervalued. Its Value Score of B indicates it would be a good pick for value investors. The financial health and growth prospects of SU, demonstrate its potential to outperform the market.

Does China own Canadian oil?

The Syncrude project is owned by Canadian Oil Sands (37% CDN), Suncor (12% CDN), Mocal Energy (5% Japan), Murphy Oil (5% USA) Suncor (59% Canadian), Sinopec (9% China), Imperial Oil (7.5% CDN and 17.5% USA) and Nexen (7% China)….Oil Sands Mining Operations.

Operator Syncrude
Operating 407,000
Construction 0
Total 407,000

What is the price target for Suncor?

Stock Price Target SU

High $41.55
Median $35.37
Low $25.76
Average $34.12
Current Price $34.08

What kind of company is Suncor Energy?

integrated energy company
Suncor Energy is a Canadian integrated energy company based in Calgary, Alberta. It specializes in production of synthetic crude from oil sands. In the 2020 Forbes Global 2000, Suncor Energy was ranked as the 252nd-largest public company in the world.

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