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Suncor Energy Inc Stock Symbol: SU-T

Notes:Oil Sands. Oil weighted

Last Price Recorded: $34.6000 on 2015-07-06

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Date Signal Expert Opinion Price
2015-07-03 COMMENT Mike S. Newton, CIM FCSI

Owned this for a period of time and did well on it about 18 months to 6 months ago, and then got stopped out. Finds this energy space really frustrating.


Price:
$34.600
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
OPTIMISTIC
Owned:
No
2015-06-29 COMMENT Richard Croft

Has been writing Covered Calls against most of the oil companies he owns. Likes this as a strategy because if oil companies are doing well, very often the economy is not doing so well. Oil companies tend to be in the top quartile, or certainly in the top half, i.e. higher volatility stocks. He is writing covered calls into December of this year.


Price:
$33.790
Subject:
OPTION STRATEGIES & E.T.F.S
Bias:
OPTIMISTIC
Owned:
Unknown
2015-06-18 DON'T BUY Greg Newman

Even though oil has fallen a lot, people think this is cheap now, but it is actually trading 8.3X EV to discounted adjusted cash flow. The five-year average is 6.7. This is a great company. They cut their costs a lot. Their oil sands operational expense was $20.40 last quarter, which was much better than he thought. Refining numbers look good. There is steady progress with their mega projects. Most importantly, their debt levels are really, really good. However, cash flows have fallen dramatically. He sees them coming up 2016 over 2015 with $60 oil. He doesn’t think this is game on, unless you have higher oil prices. There are better places elsewhere over the next 12 months.


Price:
$34.000
Subject:
CANADIAN DIVIDEND & DEFENSIVE STRATEGIES
Bias:
BULLISH
Owned:
Unknown
2015-06-17 WAIT James Telfser

A solid business that generates a lot of free cash flow, with a very defensive business downstream. If you are going to own a very large oil sands company that has very defensive characteristics, this might be the one to hold. Wait for fundamentals to improve. He has practically a zero percent weighting in energy.


Price:
$34.460
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
No
2015-06-16 BUY on WEAKNESS Brian Acker, CA

Suspects this is going to go down to the $29.51 level. All the oils are going back to where they bottomed in December 2014. This has a model price of $35.50, a 3% upside from its current price. He would be a buyer at $29.51.


Price:
$34.490
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US$
Owned:
Unknown
2015-06-15 BUY on WEAKNESS Larry Berman CFA, CMT, CTA

He likes energy stocks for a 10 year investment.  As energy is pulling back he is adding stocks.  For 10 years SU-T has made no one any money, but has paid a reliable dividend.  You want to buy in weakness and sell in strength.  Don’t get out of it right now.


Price:
$34.240
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2015-06-15 DON'T BUY Barry Schwartz

You have to own this if you believe in your heart that oil is going to go up, their production is going to go, they are going to control the costs, that the oil sands are not going to be targeted by environmentalists, issues and offsets going forward. Valuations don’t make any sense at $60 oil.


Price:
$34.240
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2015-06-12 COMMENT Swanzy Quarshie

She likes this a lot. One of Canada’s strongest businesses. She has stayed away in the last little while because they are overspending because of the Fort Hills project. They will be overspending for some time, so she sees better opportunities elsewhere.


Price:
$34.800
Subject:
OIL & GAS
Bias:
OPTIMISTIC on ENERGY
Owned:
No
2015-06-10 COMMENT Dennis Da Silva

Probably one of the 2 names on the senior side that he would tend to own in his dividend portfolios. He prefers this and Canadian Natural Resources (CNQ-T) for growth as well as for costs and efficiency of capital. Outside of the dividend, this is not one that you buy for growth. One of the better run companies out there.


Price:
$36.230
Subject:
CANADIAN RESOURCE
Bias:
BEAR
Owned:
Yes
2015-06-05 HOLD Kash Pashootan

This is trading at a price similar to when oil was trading at $90 a barrel. It is going to be difficult to see how upside can exist with oil prices being between $55 and $65 for the foreseeable future. It is still premature. Wait for the dust to settle.


Price:
$36.010
Subject:
NORTH AMERICAN DIVIDENDS
Bias:
CAUTIOUS
Owned:
No
2015-06-03 TOP PICK Gavin Graham

Biggest integrated energy company in Canada and the 5th biggest in North America. If one is concerned about the environmental impact of the oil sands, this company has always been the good citizen. The stock price has gone nowhere in the past 5 years, but they have been growing their production very substantially, up to over 400,000 barrels a day, and have more fields coming on which will add an additional 80,000 by the end of 2017. Well positioned to wait out a prolonged period of lower oil prices. Dividend yield of 3.07%.


Price:
$36.300
Subject:
GLOBAL
Bias:
CAUTIOUS
Owned:
No
2015-05-22 COMMENT David Cockfield

NDP is now the governing party in Alberta, and have never been particularly corporately friendly. However, he thinks there is enough information for the new government to not to make any huge stupid moves. They have already indicated they are not going to do anything for probably 6 months. Thinks all oil company problems are more related to the price of oil, and has become pretty convinced we are not going to see the price of oil much out of the $60 for the foreseeable future. On that basis, profit margins are squeezed, particularly the oil sands. If you want to add to this, he would do it slowly over the next several years, until we really see how this whole pricing mechanism shakes out.


Price:
$37.110
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
Unknown
2015-05-19 PAST TOP PICK Brian Acker, CA

(A Top Pick May 29/14. Down 10.95%.) His model price is $35. If you look at any of the companies in the oil patch, his model price and earnings are significantly below the current price.


Price:
$36.130
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US$
Owned:
Yes
2015-05-14 HOLD Allan Meyer

As long as you get higher oil prices you will get growth.  He pared back his oil and gas exposure over the last months.  He can’t justify a full market exposure for his conservative clients.  He prefers pipelines and so on.


Price:
$36.300
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
No
2015-05-06 BUY John Stephenson

(How will the new Alberta government affect this stock?) The reality is that we just don’t know enough. It depends on what type of government we get. Overall this is a fantastic company. Capital discipline is phenomenal. Arguably one of the best integrated oil/gas names globally.


Price:
$37.030
Subject:
NORTH AMERICAN - LARGE & RESOURCE
Bias:
UNKNOWN
Owned:
Unknown
2015-04-30 BUY Rick Stuchberry

It is turning a bit.  The difficulty with the big integrateds is just the price of crude.  You could enter at this point if you think oil is going up.  He is half weighted in energy at this point and thinks they are all turning and coming back.


Price:
$39.290
Subject:
CANADIAN LARGE & ADRs
Bias:
CAUTIOUS
Owned:
Unknown
2015-04-28 COMMENT Michael Sprung

He likes this company. With the industry currently undergoing the problems that it has, you really want to be in the companies that are going to survive, and this is one of the more diversified companies in the oil sector. An extremely well-managed company. In the next couple of years, he is expecting that we will see cash flow in the $5 range, maybe even $6. It will be subject to some shocks going forward.


Price:
$39.710
Subject:
CANADIAN LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2015-04-27 WATCH Larry Berman CFA, CMT, CTA

2/3rds of revenue is from refining and marketing through Petrocan gas stations.  He expects them to surprise to the upside.  Technically there is a lot of overhead resistance in the $42 area.  If oil prices revisit their lows then this one will fall to $35 and he really likes owning it there and then sell close to $42.


Price:
$39.850
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
UNKNOWN
Owned:
Unknown
2015-04-23 HOLD John Zechner

Energy stocks had a decent move recently.  He likes the assets of this one.  The growth profile is still there.  He is not a real bull on energy stocks.  He would not add to it right now, but it should be a core holding.


Price:
$40.090
Subject:
NORTH AMERICAN - LARGE
Bias:
DEFENSIVE
Owned:
Unknown
2015-04-20 DON'T BUY Barry Schwartz

Great company and smart management. The problem he has is that no matter what management does or what great assets they have, they can’t control the price of oil. If oil sticks at around $50-$60 next year, it is going to be a rough time for the company. Earnings are going to be out soon and he expects them to be atrocious. Doesn’t think the dividend is in jeopardy or that the balance sheet is in trouble.


Price:
$40.270
Subject:
NORTH AMERICAN - LARGE
Bias:
BEAR on ENERGY
Owned:
No
2015-04-08 COMMENT Robert Lauzon

(Market Call Minute.) Likes this. If you are going to buy a basket of large caps, it would be this and Canadian Natural Resources (CNQ-T).


Price:
$38.840
Subject:
ENERGY
Bias:
UNKNOWN
Owned:
Yes
2015-04-06 COMMENT Josef Schachter

An integrated company, so you have more defensive characteristics. Production mix is 99% oil plus they have the oil sands side of it. Trying to bring down the cost structure at Syncrude. Cash flow is very problematic if we continue to see lower oil prices. If this got down to the low $30, it would be a great stock to have as a core holding.


Price:
$38.720
Subject:
OIL & GAS
Bias:
CAUTIOUS
Owned:
Unknown
2015-03-31 HOLD Paul Gardner, CFA

This is all about oil prices. Oil companies have actually outperformed the oil price, because they are looking on a forward curve. This is one of the best managed and best asset classes for oil and gas development. In the current situation they will probably view the current situation as an opportunity to acquire cheap assets.


Price:
$37.010
Subject:
LARGE CAP DIVIDEND PLAYERS, REITs & FIXED INCOME
Bias:
BULLISH on CANADIAN MARKET
Owned:
Unknown
2015-03-27 BUY Darren Sissons

He doesn’t believe oil prices are at a level where they are meeting the cash costs of production, so he expects oil prices to move higher over time. The favoured way to play this sort of trade in a longer term recovery would be to go to the global large caps. This one is Canada’s super major, and at these levels it is an interesting Buy. If you use a 2-3 year time span, you are locking in a very attractive dividend at these levels.


Price:
$36.630
Subject:
GLOBAL LARGE
Bias:
UNKNOWN
Owned:
Unknown
2015-03-24 SELL David Baskin

He sold the stock.  He does not really think they are making money at this price.  But it was the last one he sold.  It has vertical integration.  They are a refiner and a retailer.  If you own one, this would be it, but he doesn’t own any.


Price:
$35.970
Subject:
NORTH AMERICAN - LARGE
Bias:
SELECTIVE
Owned:
No
2015-03-24 HOLD Michael Smedley

The mess should continue.  SU-T should be a core holding.  It is fairly valued here.


Price:
$35.970
Subject:
CANADIAN
Bias:
BULLISH on HEALTH CARE
Owned:
Yes
2015-03-17 PAST TOP PICK Ross Healy

(Top Pick Mar. 24/14, Down 1.74%) It held in quite brilliantly.  He put in a sell at $36 as it violated a technical condition.  He thought the integrated oils would hold up much better, but it turned out not to be the case.  Year over year earnings comparisons will keep hammering the stocks.  He decided to cut and run.


Price:
$35.110
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
No
2015-03-16 DON'T BUY Bruce Campbell (1)

Costs are in the $30-$32 range, and is the lowest cost Canadian oil sands producer because they started quite a while ago. The price is too high and he would not own the stock. $30 would be his entry point, and he thinks it gets there by Labour Day.


Price:
$35.220
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
No
2015-03-10 DON'T BUY David Burrows

There is risk in dividends in virtually all energy companies. Dynamics have changed and oil sand producers are relatively higher cost producers. If prices were to stay down here for some time, it is going to be tough. He would recommend that you look at a different sector.


Price:
$35.540
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US$
Owned:
Unknown
2015-02-23 DON'T BUY Peter Brieger

On his watch list.  If he was going to increase his exposure he would do it with CNQ-T.


Price:
$38.670
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
No
Showing 1 to 30 of 1,458 entries
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