| PAST TOP PICK | 67.530 | Glenn MacNeill, P.Eng. | (A Top Pick May 9/07. Up 41%.) Wonderful exposure to the oil sands. Buy on weakness. Consider taking some profits. | 2008-05-16 | |
| BUY on WEAKNESS | 64.880 | John O'Connell, CFA | (Market Call Minute.) Loves the story. Has had a big run so be careful about the price you pay. | 2008-05-15 | |
| BUY | 63.770 | Jennifer Stevenson | A bellwether oil levered stock in Canada. Had a 2 for 1 split and over the next few years it will go back to the p[re-split price. Can’t see any reason this won’t happen again. Good entry point. | 2008-05-13 | |
| WATCH | 125.780 | Brooke Thackray | Might be in a blow off (rapid rise) in oil, which makes it very difficult, especially when there are no fundamentals actually driving it. The big build in oil inventory should have driven the oil price down but oil still went up. Once past the seasonality, that is when the big drops can occur. Technicals look not bad. Chart shows an ascending triangle and it has broken through very nicely. You might wait for a pullback to the resistance point of about $105. | 2008-05-09 | |
| HOLD | 110.600 | Dennis Dasilva | Expecting a pullback in oil prices. Wouldn't be adding to his position at this time. Big believer in the oil sands and their strategic value going forward. | 2008-05-01 | |
| HOLD | 111.740 | Robert Floyd | Planning a stock split in May, which is very beneficial. Has shown dynamic growth in oil production over the last little while. Likes this one for the long-term. | 2008-04-29 | |
| BUY on WEAKNESS | 116.000 | Laura Wallace | Seems to be trading dollar for dollar with the price of oil. Has had a tremendous move over the past year. This is one that you could buy on weakness. It could pull well back under $100. | 2008-04-23 | |
| DON'T BUY | 121.070 | David Baskin | At an all-time high making it pretty expensive. | 2008-04-22 | |
| PARTIAL SELL | 112.120 | Michael Sprung | Relative to some of its peers, it is fairly expensive act 4X BV. Extremely profitable company. Has a 24% ROE at current oil prices but is priced to the extent that any disappointment could knock quite a bit off of it. If you own, consider taking some off the table. | 2008-04-15 | |
| HOLD | 109.750 | Joanne A. Hruska, CFA | (Market Call Minute.) Likes it a year from now but thinks you can get it at a lower price. | 2008-04-14 | |
| BUY | 100.140 | Ken McCord | Screens very well. Likes the stock and the earnings growth.
He wants to sell the call option, which is selling the potential growth.
| 2008-03-26 | |
| WAIT | 96.670 | Peter Brieger | Like it, not prime oil sands play. Wait until the price of oil increases. | 2008-03-19 | |
| HOLD | 105.130 | Laura Wallace | (Market Call Minute.) Great long-term investment. Would be a Hold leaning to a Buy. | 2008-03-12 | |
| BUY | 107.770 | Gavin Graham | (Market Call Minute.) Oil sands are the wave of the future. Buy lots. | 2008-03-06 | |
| HOLD | 107.700 | John Stephenson | Approaching a Hold. It is hard to not own this in your portfolio because it is the benchmark name in the oil sands. Did a Net Asset Value on them and it was hard to come up to anything approaching the current price without pricing in the prospective developments that are yet to occur. You can treat this as a trade between $90 and $110. If it falls to $90, back up the truck. | 2008-03-05 | |
| BUY | 103.950 | Peter Brieger | (Market Call Minute.) Fabulous opportunity. Great way to participate in the oil sands. | 2008-02-28 | |
| BUY | 99.590 | Bill Shaw | Very positive on this one. Likes the project and the opportunities. | 2008-02-19 | |
| HOLD | 93.500 | Laura Wallace | This stock will be very volatile with the price of energy. Made a deal with Alberta's royalty regime, which will end up with them paying 20% more, which was better than anticipated. Could see it pulling back to the $75-$80 level and that's where she would buy more. | 2008-01-30 | |
| BUY | 91.100 | Norman Levine | Every investor should have oil sands exposure. The purer the play, the better. Canadian Oil Sands (COS.UN-T) or Suncor (SU-T) are great ways to play this. When you move away from them, you are moving to players that have yet to produce which gives uncertainty. | 2008-01-29 | |
| WAIT | 96.010 | Don Vialoux | Seasonal strength is from December through until May. Has dropped to some very important support levels. Momentum indicators show that it is going down. Looks like it is trying to bottom at the current level. Downside risk is pretty minimal but you are entering a season of strength so it could move higher between now and May. | 2008-01-16 | |
| BUY | 96.010 | Don Lato | Stock is sold off with the market and the oil price coming down. Likes this for the long term. Tremendous asset. 250 million barrels of production this year, going up by about 100 this year and reaching 750 a few years down the road. | 2008-01-16 | |
| HOLD | 96.400 | Michael Smedley | (Market Call Minute.) Highest quality pure giant oil sands play. | 2007-11-27 | |
| DON'T BUY | 104.810 | Michael Sprung | This is a good stock but its valuation metrics relative to some of the other oil patch companies makes it expensive at this point. Would prefer it at $90 or $95. | 2007-11-06 | |
| TOP PICK | 99.660 | Gavin Graham | There are risks here because they are having negotiations with Alberta government which may affect the stock depending on the outcome.(by the end of Jan. you will know if they have cut a deal.)He is happy they are having discussions though and feels it will go well.
Paid $50-60 | 2007-10-29 | |
| PAST TOP PICK | 102.610 | Steve Carlin | (A Top Pick, Nov 8/06. Up 10.0%) Still has growth potential. Solid company, best oil- sands company out there. Great company to hold for the long haul. | 2007-10-25 | |
| VAGUE | 101.290 | Bruce Campbell | The royalty regime is a political problem. If the announcement comes as expected (lower then the original) then the oil stocks should rally a little. | 2007-10-24 | |
| HOLD | 101.280 | Joseph Schachter | Has gone from about 80 in May, and popped through 100. It's a star in the Canadian/US/international investors. Gigantic market cap.
Right now in todays prices, shallow gas doesn't work.
Stay with Suncor, even if the higher taxes come. | 2007-10-22 | |
| VAGUE | 97.600 | Laura Wallace | Big believer in Suncor. Although they have taken some profits. | 2007-10-15 | |
| SELL | 93.860 | David Burrows | With the change on what may happen in the oil sands, he sold his holdings. | 2007-10-04 | |
| DON'T BUY | 94.460 | David Cockfield | He has kind of cooled on the tar sands and this includes this stock. He sold most of his holdings. It looks expensive and there are problems relating to the tar sands. | 2007-09-28 | |
| BUY | 93.540 | John Stephenson | Prospects are excellent. The stock took a hit with the royalty taxation. Has amongst the best leases in the oil sands. Best cost control. Production will grow very rapidly over the next couple of years. You buy this for the 2009 valuation, not today's. | 2007-09-26 | |
| DON'T BUY | 96.530 | Derek Webb, CFA | Sold all Canadian oils today. In theory should fall 8% if bill gets passed. People will stay away for the time being. | 2007-09-19 | |
| PARTIAL BUY | 95.810 | Alex Ruus | The pre-eminent play on the Canadian oil sands. Likes the company but would like to get it a little lower but you could start accumulating it here.. | 2007-09-04 | |
| DON'T BUY | 92.450 | Brian Acker, CA | There is better value elsewhere. His model price is $81.26, a negative 11% differential. | 2007-08-30 | |
| BUY | 91.360 | Norman Levine | Believes that every Canadian portfolio should have representation in the Canadian oil sands. The 2 purest plays are Canadian Oil Sands (COS.UN-T) and this one. | 2007-08-29 | |
| PAST TOP PICK | 89.890 | Stephen Carlin | (A Top Pick Nov 8/06. Up 0.7%.) Was a little disappointing, but he still likes it. | 2007-08-21 | |
| BUY | 89.890 | John Stephenson | An existing producer in the oil sands with the best record of cost containment of all of them. They have production going from 260,000 barrels a day to virtually double in 5 years. Reasonable valuation. | 2007-08-21 | |
| BUY | 96.450 | John O'Connell, CFA | Takeout target? - Has a lot of capital expenditures ahead of it over the next 3 to 4 years and have been taking on debt to finance it. Wouldn't buy it as a possible takeout target. World-class company. | 2007-07-31 | |
| PAST TOP PICK | 93.770 | Paul Harris, CFA | Then
They still like SU but still like it, but only buy for the long term.
They sold and went to CNQ. | 2007-06-28 | |
| PAST TOP PICK | 93.100 | John Stephenson | June 2006
Was 87.23
The best cost operator there is. It's going to bump along until it gets taken out or production ramps up.
| 2007-06-06 | |
| BUY | 92.890 | Bill Harris | Suncor has newer equipment. Also is progressive. Good for long term lock away plans. | 2007-05-31 | |
| BUY | 93.350 | Norman Levine | Outlook is fabulous. Exceptionally well run. Well diversified. Feels that this and Canadian Oil Sands (COS.UN-T) are the 2 purest, high-quality plays on the Athabascan oil sands. | 2007-05-30 | |
| DON'T BUY | 92.800 | Brian Acker, CA | Has traded above his model price firstly some time. The model price is $78.95, a negative 15% differential. | 2007-05-24 | |
| WAIT | 95.300 | Laura Wallace | If you have a long-term time frame, this is a great company. They should be some weakness in the summer | 2007-05-23 | |
| BUY | 92.200 | David Burrows | Is very comfortable with Suncor. We are in the shoulder season for gas, but the prices has remained firm. This is not normally a good season to buy energy but thinks it's still ok. | 2007-05-16 | |
| TOP PICK | 92.350 | Glenn MacNeill, P.Eng. | Good production growth. Smart management team. Upgrading their refineries. Growing their oil sands production. | 2007-05-09 | |
| BUY | 91.650 | David Baskin | A stock that you need a long view on. Government announced that the oil sands would be exempt from most greenhouse gas emissions rules. | 2007-05-08 | |
| PAST TOP PICK | 89.050 | John Stephenson | (A Top Pick July 10/06. Up 1.1%.) All the oil sands players have done less than he would have expected. $90 billion is going into the oil sands next 9 years. There are no other better prospects for oil. | 2007-04-30 | |
| DON'T BUY | 90.540 | Paul Harris, CFA | Very good company and you should be in the oil sands over a long time. They have to do some expansion that is going to be very costly. He prefers CNQ (CNQ-T) which is a better model having oil sands assets as well as gas and bringing on their oil sands assets under budget. | 2007-04-23 | |
| Comment | 90.320 | Robert Floyd | A very well run company. A great integrated. Strong asset base. Alternatively, you could look at an exploration/development type company for better growth and a decent valuation point. | 2007-04-19 | |
| Comment | 93.450 | Bill Harris | Everybody should be in the oil sands. Costs have really gone up. Oil sands gets really tight when they start their expansion 2 years from now. Prefers Canadian Natural Resources (CNQ-T), which is bringing on their project this year. | 2007-04-13 | |
| PAST TOP PICK | 89.110 | Stephen Carlin | (A Top Pick Nov 8/06. No change.) Production profile for ‘08, ‘09 and ‘10 looks wonderful. Volume growth, compared to a lot of other seniors, is by far the best. | 2007-04-05 | |
| PAST TOP PICK | 85.840 | John Stephenson | (A Top Pick June 28/06. Down 2.5%.) One of the very few pure play oil sands producers. The best operator in terms of its cost containment. Still likes. | 2007-03-27 | |
| BUY | 82.630 | Ron Meisels | Had a high about a year ago and since then has pretty well been in a horizontal trading range. There is a strong possibility that could be a breakout on many of the oil stocks. | 2007-03-21 | |
| BUY | 81.450 | Neil Wickham | Price of crude is probably at a base level. This company will benefit from higher prices as well as increased production. In their cap-x programs, they have planned increased production of about 12%. | 2007-03-20 | |
| DON'T BUY | 81.000 | David Cockfield | Stock will rise with the market. Not enthused about them on a longer-term basis, except that it could be a takeover candidate. Costs have escalated and it's difficult to estimate margins. Stock could get into the mid-$90's when he would be a seller. | 2007-03-15 | |
| WAIT | 81.050 | Laura Wallace | Likes this one on a medium to longer-term basis. All oil stocks are going to be volatile with the price of crude. Coming into the weaker summer season, so defer buying until there is more weakness. | 2007-03-14 | |
| PAST TOP PICK | 80.890 | Gavin Graham | (A Top Pick Dec 7/06. Down 11.6%.) This will probably outperform without volatility over the next 2-3 years. The premier play on the oil sands. | 2007-03-06 | |
| HOLD | 80.890 | Bruce Campbell | Price looks pretty attractive. This company has under performed the group lately. This one really tracks the oil price quite closely. For oil prices, you have to believe that the economy hangs together this year, which he does. | 2007-03-06 | |
| DON'T BUY | 82.310 | Charles Lannon | Probably the premier oil sands play. Has a huge US institutional following. The best time to buy these stocks is when we are deep into a recession, so would be reluctant to go into it at this time. | 2007-03-01 | |
| BUY | 83.380 | Norman Levine | To be a participant in the oil sands, there are 2 plays. One is Canadian Oil Sands (COS.UN-T) and Suncor Energy (SU-T). These are the 2 highest quality, purest plays. Like long-term annuities. Great investments in the long run. | 2007-02-27 | |
| HOLD | 84.980 | John Stephenson | Looking at the oil sands for the next 9 years, there's some $90 billion to be poured into it. There is a lot of international interest in it. | 2007-02-21 | |
| BUY | 85.280 | Michael Sprung | Showing up very well on his valuation metrics. Well-managed. 8.5 X cash flow. | 2007-02-20 | |
| HOLD | 86.300 | Peter Brieger | In the short term, doesn't see too much happening. Long life assets and politically safe. | 2007-02-19 | |
| BUY on WEAKNESS | 87.100 | Glenn MacNeill, P.Eng. | Very well run company. You buy oil sands for the long-term. Very highly leveraged to oil price. By on opportunity. | 2007-02-16 | |
| PAST TOP PICK | 85.750 | Stephen Carlin | (A Past Top Pick Nov 8/06. Down 4.9%.) The collapse of oil prices hurt its performance. As the best growth prospects of all the companies in Canada. | 2007-02-14 | |
| Comment | 85.750 | Ron Meisels | Typically went up with the oil prices followed by a bit of exhaustion move last spring, and since then has been in a horizontal trading range, preparing itself for the next up leg. If it started coming down, $75 would be the worry point. Breaking through $95 would signal the next up leg. | 2007-02-14 | |
| BUY | 86.590 | David Baskin | Long-term, you'll do OK. Short-term, there will be volatility because of oil prices. | 2007-02-13 | |
| BUY | 86.590 | Robert Floyd | Good long-term, well-managed assets. | 2007-02-13 | |
| BUY | 84.430 | Norman Levine | His #2 favourite play for the oil sands after Canadian Oil Sands (COS.UN-T). This is not a pure play because of refining, marketing and some conventional oil/gas plays. Buy and put away the long term. | 2007-02-12 | |
| Comment | 87.810 | Hap (Robert) Sneddon FCSI | Caller bought a Put option at $78. Until oil gets too $65 again, he feels it is on a leg down, solar caller made a good Buy. | 2007-01-30 | |
| BUY | 86.950 | Michael Sprung | This is a great company. He would own it, except he has been focusing on Petro Canada (PCA-T). Great assets. Given that the integrateds have come off their highs, these are reasonable long-term investments. | 2007-01-29 | |
| HOLD | 86.810 | John O'Connell, CFA | Continues to struggle with substantial cost overruns. Has huge resources. There are easier names to be involved in. | 2007-01-25 | |
| WEAK BUY | 86.570 | John Zechner | In the event of a bounce in the price of oil, Suncor (SU-T), Talisman (TLM-T) and Nexen (NXY-T) would be 3 companies that would have good leverage. | 2007-01-22 | |
| BUY on WEAKNESS | 84.500 | Glenn MacNeill, P.Eng. | A good company. Buy on weakness and anything around $80 would be a good point of entry. Well-managed and ties into the oil sands. | 2007-01-16 | |
| BUY | 86.890 | Paul Harris, CFA | Longer-term, oil will go higher. This company should continue to do well. | 2007-01-15 | |
| BUY | 82.030 | Jean-Francois Tardif | A very large cap oil/gas producer, so too big for his funds. They also have an oil sand project. If you believe in oil and energy long-term, this is a great holding. | 2007-01-10 | |
| DON'T BUY | 85.870 | David Burrows | This is a great Canadian company, but this is not the time to buy the stock. Because it has had several lower highs, technically it doesn't look healthy. | 2007-01-08 | |
| BUY | 85.090 | John Stephenson | You want to be in an oil sands, especially in operating projects such as Western Oil Sands (WTO-T), Suncor (SU-T) or CNQ (CNQ-T). There are a lot that profess to have great potential, but are yet to be proven. | 2007-01-05 | |
| SELL | 90.180 | Chyanne Fickes | She is having some issues with the whole oil sands at this point. Costs are really getting out of hand. Not only are they having trouble getting people, but also parts for machinery and machinery. This one has grossly out performed their comparables this year. A little pricey and it wouldn’t be her first choice. Would consider switching to something else. | 2006-12-18 | |
| BUY | 90.400 | Paul Harris, CFA | A great long-term hold. Understands the oil sands, Has been in it a long time. | 2006-12-12 | |
| TOP PICK | 91.290 | Gavin Graham | Stock price has been pretty flat for most of the year. They have production out of oil sands already/ Looking to more than double this. Increasing their capital expenditure from $3.6 billion to $5.3. Integrated and extremely well run. | 2006-12-07 | |
| BUY | 91.220 | Bill Carrigan | Hit a peak in April and then had it’s A, B, C correction. Now trying to break out. Wants to go higher. The energy group looks favourable. Easy money has been made. Long-term hold. | 2006-12-06 | |
| BUY | 90.000 | Paul Harris, CFA | Great holding, great resource. Has to be a core holding in the oil sector for you. | 2006-11-30 | |
| Comment | 87.640 | Gordon Higgins, CA, MBA, CFA | Very long life reserves. If you feel the long-term price of oil will be $30, you wouldn't want to own this at the present costs. However, if you feel the oil price will be $60, this would be good to own. | 2006-11-28 | |
| BUY | 88.140 | David Baskin | Everyone should be exposed to the oil sands. Feels that oil prices will remain quite firm into the foreseeable future. An excellent one to own for a long-time horizon. | 2006-11-21 | |
| PAST TOP PICK | 86.270 | John Stephenson | (A Top Pick June 28/06. Up 1%.) Conservative choice. Recommended because it does have its act together. | 2006-11-16 | |
| WAIT | 87.390 | Michael Sprung | Constantly on his radar screen looking for an opportunity to jump into it. Would probably start nibbling at $81-$82. They are planning for the future as well as upgrading their Sarnia facility. | 2006-11-14 | |
| BUY | 89.320 | Robert Floyd | Extremely strong, long-life assets. Shrewd operators. | 2006-11-13 | |
| TOP PICK | 89.990 | Stephen Carlin | Very little exploration risks, oil sands leveraged. Still has lots of upside potential. Will have another leg of growth between now and 2008. | 2006-11-08 | |
| BUY | 88.750 | Chyanne Fickes | This one is problematic. Could easily be a takeout. Their costs have been really out of line and would like to see them toned down. This is one that you could just sock it away. | 2006-11-06 | |
| WAIT | 84.900 | Larry Berman CFA, CMT, CTA | A great trading stock as well as a long-term investment stock. Made a double bottom on the recent pullback. If the $56 oil price breaks down, the double bottom is in jeopardy. Anything below $80, preferably $75-$78 is a good buying area. | 2006-11-02 | |
| BUY | 84.900 | Jeff Parent | Consolidated in September at about $75 and has now moved above that. This as leveraged to oil, so you have to count on oil going up and showing some strength. | 2006-11-02 | |
| BUY | 86.250 | Norman Levine | Suncor (SU-T) and Canadian Oil Sands (COS.UN-T) are both long-term holds and every portfolio should have one or the other. Don't worry about where they are in the short run, own it for the long-term. | 2006-10-31 | |
| BUY on WEAKNESS | 86.180 | Laura Wallace | Likes this company. Neither a high and could pull back, so wait. | 2006-10-24 | |
| BUY | 83.830 | Michael Sprung | Had a bit of a setback a little while ago which seems to have been straightened out. Should do well in the current environment. | 2006-10-18 | |
| DON'T BUY | 84.500 | Brian Acker, CA | When the stock dropped, it came down to his model price and he was hoping for more of a correction. His current model price is $73.18 which is a -15% differential. Would love to buy it at $67.76. | 2006-10-17 | |
| PAST TOP PICK | 79.240 | John Stephenson | (A Top Pick Oct 5/05. Up 23%.) This is a stock that could go north of $100. Has the best operating history of any of the oil sands players. Bringing on substantial production growth. | 2006-10-12 | |
| DON'T BUY | 76.900 | David Cockfield | Got a little bit too much promoted in the US. Multiples are out of line. | 2006-10-05 | |
| DON'T BUY | 73.890 | Chyanne Fickes | The stock is down 20% this year. It has the lowest decline of the oil and gas stocks this year. Recommends not getting into this at this price. | 2006-10-02 | |
Experts that have talked about Suncor Energy Inc
