A high-level overview of Suncor Energy Inc. (SU) stock. But even a 10% drop doesn't move … The news raised alarms for political leaders and, in some areas, led to gas hoarding. This downside in the performance is due to Currently, Suncor Energy has a subpar Growth Score of D, however its Momentum Score is doing a lot better with a B. Suncor Energy (TSX:SU) (NYSE:SU) is one of Canada’s largest companies. After a substantial run, Suncor stock is up by 27% on a year-to-date basis at writing. From a 10 year perspective the stock looks good coming in at a 9.5% average annual return. We take a look at earnings estimates for some clues. The upstream portfolio includes bitumen, synthetic crude, and conventional crude, which helps to offset higher-cost oil sands production. IBD Videos. Merck ( … What's next for the stock? The stock has jumped nearly 25 per cent in the last one month. Apple now has $191.83 billion cash on hand, according to the company’s fiscal fourth-quarter earnings report released Thursday. Suncor has struggled to maintain profitability through the industry’s current turmoil, with SU stock plunging as much as 50% over the past two years. Yes, prices would Suncor is a unique and sustainable energy company dedicated to vigorous growth in worldwide markets through meeting or exceeding the changing expectations of our current and future stakeholders. The upstream portfolio includes bitumen, synthetic crude, and conventional crude, which helps to offset higher-cost oil … Suncor Energy is an energy company that deals in oil and gas. The Suncor Energy Inc stock price gained 1.04% on the last trading day (Friday, 9th Jul 2021), rising from $23.03 to $23.27. Suncor Energy: Q1 Earnings Snapshot Associated Press 05:18 4-May-21. This massive pipeline supplies nearly 50% of the east coast with fuel. The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted).As of today (2021-07-27), Suncor Energy's share price is $20.36.Suncor Energy's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. Suncor stocks surged 30 per cent in November so far, with an increase of nearly 7 per cent on November 16 following Moderna’s vaccine update. Currently, it records a 10-day average trading volume of nine million. Stocks of Suncor Energy posted a rebound from its pandemic-triggered lows this year after the news of potential COVID-19 vaccines broke in November. In Toronto, Suncor Energy Inc. shares fell by as much as $1.80 or 8.9 per cent to $18.44. Typically, oil prices drop on issues of oversupply. A perfect storm of oversupply, protectionism, deglobalization, and … Suncor’s share price has doubled off the 2020 lows, but more upside should be on the way. Suncor Energy Inc. (NYSE:SU) trade information. This improvement is led by decreased operating, selling and general costs as a result of reduced production and the company’s continuous cost-minimizing efforts. While the stocks of this Canadian oil and gas company continues to rally on the Toronto Stock Exchange (TSX), its 10-day average share movement volume stands at 11.9 million. Suncor Energy stock is one of the best assets to consider if you are bullish on the Canadian oil patch. Currently, Suncor Energy has a great Growth Score of A, though it is lagging a lot on the Momentum Score front with a D. Charting a somewhat similar path, the stock was allocated a grade of C on the value side, putting it in the middle 20% for this investment strategy. Latest breaking news and information on the top stories, weather, business, entertainment, politics and many more. With this latest performance, SU shares dropped by -17.08% in over the last four-week period, additionally plugging by 8.62% over the last 6 months – not to mention a rise of 17.12% in the past year of trading. Suncor swings to $821-million profit on higher production and stronger prices The Globe and Mail 06:46 4-May-21. Suncor Energy reported fourth-quarter 2020 operating loss per share of 7 cents, narrower than the Zacks Consensus Estimate of a loss of 11 cents per share. However the IPO stock has since … ... Free Stock Analysis Report Suncor Energy Inc. (SU): Free Stock Analysis Report Royal Dutch Shell PLC (RDS.A): Free Stock … Analysts widely think oil will top US$75 this year and could surge to US$100 at some point by 2025. In … This year-over-year downside is due to the However, it is already on the rebound as of late-morning trading on May 12. Its current market capitalization stands at C$ 30.45 billion, and its price-to-book (P/B) ratio of 0.838. Suncor Energy Inc. [SU] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -13.17. The company’s cash from operations reached $1.2 billion thanks to deep cost cuts and the price of oil hovering in the US$40 per barrel range. View real-time stock prices and stock quotes for a full financial overview. Not only did Suncor Energy's revenue slip over the last twelve months, but it also … Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. In its first quarter results, Suncor reported just over $2.3 billion in cash flow from operating activities, or $1.54 per share. Currently, Suncor Energy has a great Growth Score of A, though it is lagging a lot on the Momentum Score front with a D. Charting a somewhat similar path, the stock was allocated a grade of C on the value side, putting it in the middle 20% for this investment strategy. Last year was a good one for investors in Suncor Energy (NYSE: SU). Suncor stock. In the last 7 days. Why is Suncor Energy Inc stock dropping? () (%) As of: REAL-TIME QUOTE. Suncor is one of the biggest and best energy stocks in Canada. IBD 50 stock SciPlay managed to stage a breakout from a cup-without-handle base, MarketSmith analysis shows. Shares of NIO stock … However, the bottom line fell from the year-ago profit of 55 cents per share. It is on Wed 3 Feb (24 days ago). AbbVie is a typical Buffett value stock, trading at just 7.6 times forward earnings and paying a 4.95% dividend. On top of it being one of the biggest oil companies, producing up to 750,000 barrels of … ‘Alberta is throwing out public health measures’: Canada’s doctors baffled after province aims to drop COVID-19 masking, isolation Yahoo News - Elisabetta Bianchini • 6h Effective Thursday, close contacts of a COVID-19 case in Alberta are no longer required to isolate after exposure, unless the individual has COVID-19 … Suncor is my favorite way to invest in oil—and now Warren Buffett agrees with me. Suncor Energy is one of Canada's largest integrated energy companies, operating in western Canada, east coast Canada, the United States, and the North Sea. But all that looks to be changing, which is why investors should jump on Suncor stock today. Take a Trial Today. Irrespective of its stock price movement this year, Suncor has been an investors’ favorite. Get business news that moves markets, award-winning stock analysis, market data and stock trading ideas. Suncor’s share price fell from $44 before the pandemic when West Texas Intermediate (WTI) oil was about US$60 per barrel to $15 last fall when oil traded around US$36. Is this the right time to buy Suncor stock? Why Teladoc Health Stock Is Diving in After-Hours Trading Today This earnings season isn't shaping up to be a merry one for coronavirus stock Teladoc Health (NYSE: TDOC) following the release of its latest earnings after the market close Tuesday. Overall, the stock has an aggregate VGM Score of B. Read the latest stock experts ratings for Suncor Energy. Suncor Energy is still well below its 2008 high, and hasn’t really been able to get close to it in the past 4 or 5 years. There are some other reasons why I like this stock, but I wanted to see what other people have to say about it. Saudi Arabia's sovereign wealth fund exited its stake in Suncor Energy Inc., Canada's top integrated oil producer, selling 51 million shares. 8,089 This event has stirred volatility. The marijuana grower reported a full-year net loss of 3.3 billion … Suncor Energy is one of Canada's largest integrated energy companies, operating in western Canada, east coast Canada, the United States, and the North Sea. ca.finance.yahoo.com - June 13 at 2:11 PM: Suncor Stock: How High Could it Go in 2021? Revenue and Earnings. Today, you can download 7 Best Stocks for the Next 30 Days. Suncor Energy (SU) Earnings Expected to Grow: What to Know Ahead of Q2 Release Suncor Energy (SU) doesn't possess the right combination of the two key ingredients for a … Compare Index. Lorne Steinberg discusses Suncor. Suncor Energy delivered an operating income per share of 15 cents, attributable to decreased operating, selling and general costs as a result of reduced production and its continuous cost-minimizing efforts. Earnings reports or recent company news can cause the stock price to drop. Suncor Energy (SU) reported earnings 30 days ago. Overall, the stock has an aggregate VGM Score of B. Microsoft had $137.98 billion at the end of its fiscal first quarter, according to FactSet. Stock Market News. Suncor Energy (SU) reported earnings 30 days ago. ESG vs. Suncor Stock: Which One Will Win? WTI oil was about US$60 at that point, well below the current price. The post Why Suncor Energy Stock Is … Total upstream production in the reported quarter was 655,500 barrels of oil equivalent per day (Boe/d), down 18.5% from the prior-year level of 803,900 Boe/d. This fall in output was due to a drop in the Oil Sands production. Today, I want to discuss why Suncor is still well worth consideration. The high-cost structure means earnings can be completely wiped out if oil prices drop. For decades, Americans have not needed to be concerned about food prices. Bitcoin Stock-to-Flow Still ‘Intact’ Says Creator, Crypto Fear… May 17, 2021 Before the pandemic, Suncor traded near $44 per share. SU | Complete Suncor Energy Inc. stock news by MarketWatch. The upstream portfolio includes bitumen, synthetic crude, and conventional crude, which helps to offset higher-cost oil sands production. This event has stirred volatility. Compare Search. Buffett's stake in AbbVie is now worth about $2.7 billion. Suncor Energy, Inc. () Stock Market info Recommendations: Buy or sell Suncor Energy stock? Currently, Suncor Energy has a great Growth Score of A, though it is lagging a lot on the Momentum Score front with a D. Charting a somewhat similar path, the stock was allocated a … We take a look at earnings estimates for some clues. After dropping as much as 10% today, shares of Workhorse Group ( NASDAQ:WKHS) closed down only about 3.5%. Suncor Energy reported loss in second-quarter 2020 results. Google and Amazon had $121.08 billion and $71.77 billion, respectively, at the end of the second quarter, according to FactSet. Suncor stock literally slashed its dividend in half in part to make up for the losses. Shares have lost about 5.2% in that time frame, underperforming the S&P 500. -- Billionaire Warren Buffett's company has taken a new stake in Canadian firm Suncor Energy ( SU.TO) and trimmed its huge Apple ( AAPL.O) stake. With this latest performance, SU shares gained by 4.34% in over the last four-week period, additionally plugging by 9.33% over the last 6 months – not to mention a drop of -45.61% in the past year of trading. Shares of Suncor Energy record a 61 per cent year-to-date (YTD) decline. While that came up Suncor Energy's stock was trading at C$25.90 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. The North American power sector has suffered from some main disruptions within the month of Could. 2:01. The price has fallen in 7 of the last 10 days and is down by -6.51% for this period. While news from the company has been largely positive, with its Covid-19 … All financial figures are in Canadian dollars.CALGARY, Alberta, July 28, 2021 (GLOBE NEWSWIRE) -- Suncor Energy’s Board of Directors has approved a … Currently, Suncor Energy has a great Growth Score of A, though it is lagging a lot on the Momentum Score front with a D. Charting a somewhat similar path, the stock was allocated a grade of C on the value side, putting it in the middle 20% for this investment strategy. Overall, the Canadian oil giant produced a total return of 15.8% including dividends. The all-share deal by Cenovus Energy Inc. to buy Husky Energy Inc. for about $3.8 billion will likely spark more mega-mergers among Canadian oil … As I mentioned earlier, Suncor stock has a strong balance sheet. Overall, the stock has an aggregate VGM Score of C. Suncor, one of the largest integrated oil producers in Canada, saw its stock drop 2% yesterday. Buoyed by this outperformance, investors are optimistic about the company’s full-year cost-controlling efforts and a healthy balance sheet. Its stock price saw a 60 per cent year-to-date (YTD) decline and plunged as low as C$ 15.07 during the market crash in March. Joe Tenebruso (TMFGuardian) Jan 22, 2021 at … While the current stock price per share is currently around $12, the book value per share is a little over $17 per share. Over 12 months, Suncor Energy made a loss at the EBIT level, and saw its revenue drop to CA$25b, which is a fall of 36%. Caveat Emptor. In Toronto, Suncor Energy Inc. shares fell by as much as $1.80 or 8.9 per cent to $18.44. The company’s operating loss per share of 71 cents was wider than the Zacks Consensus Estimate of a loss of 44 cents. Why IBM Stock Plunged Today The tech titan's transition to the cloud isn't going as well as investors hoped. But the market is so bearish these days on energy stocks that even Suncor is trading at a 21% FCF yield. To be frank that doesn't bode well. Final week, the S&P/TSX Venture Dow Jones S&P 500 Nasdaq. ca.finance.yahoo.com - June 13 at 2:11 PM: Occidental (OXY) to Divest Assets Worth $508M, Reduce Debt Following the exact same course, the stock was allocated a grade of B on the value side, putting it in the second quintile for this investment strategy. ET). The Algorithm predicts "% Predicted Move After Earnings Announcement" (PMAEA) … 2021 was $0.04.Therefore, Suncor Energy's PE Ratio for today is 496.59. ca.finance.yahoo.com - July 12 at 3:02 PM: Why Suncor Stock Could Continue to Outperform Into the Fall ca.finance.yahoo.com - July 9 at 3:11 PM: Suncor Energy (TSE:SU) Given New C$34.00 Price Target at JPMorgan Chase & Co. americanbankingnews.com - July 9 at 11:02 AM Chinese EV maker Nio (NYSE: NIO) is once again making headlines today. Suncor Energy is one of Canada's largest integrated energy companies, operating in western Canada, east coast Canada, the United States, and the North Sea. Suncor will release its second quarter financial results on July 28, 2021 before 8:00 p.m. MT (10:00 p.m. Suncor stocks surged 30 per cent in November so far, with an increase of nearly 7 per cent on November 16 following Moderna’s vaccine update. This downside is du… Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock. NIO Stock: Here’s Why Volatile Nio Is Stumbling Again Today. However, it is already on the rebound as of late-morning trading on May 12. Find the latest Suncor Energy Inc. (SU) stock quote, history, news and other vital information to help you with your stock trading and investing. Typically, oil prices drop on issues of oversupply. Here's Why Suncor Energy (SU) is a Strong Momentum Stock ... with the benchmark CSI 300 Index dropping 3.2% and … This massive pipeline supplies nearly 50% of the east coast with fuel. Prices update every five seconds for TSX-listed stocks. Investors looking for quality names in the bargain bin market of 2020 have a key play in Suncor Energy (TSX:SU)(NYSE:SUN) stock. During the day the stock fluctuated 1.73% from a day low at $23.06 to a day high of $23.46. Following the exact same course, the stock was allocated a grade of B on the value side, putting it in the second quintile for this investment strategy. The news raised alarms for political leaders and, in some areas, led to gas hoarding. However, the year-ago bottom line was a profit of 60 cents per share. Easily the riskiest name in this list of value stocks to buy, I would personally wait to see if shares of EZCorp will drop to its 200-day moving average, which presently sits at $5.44. Latest World News - Breaking News & Top Stories. What's next for the stock? Photo by Reuters/Carlos Osorio. Suncor has also been hit by surging industry supply. We’ve seen this happen before. In 2014, oil prices were cut in half as cheap U.S. shale oil flooded the market. Today, it’s a global supply glut, with Saudi Arabia leading the way with record production. Get instant access to exclusive stock lists, expert market analysis and powerful tools with 2 months of IBD Digital for only $20! Suncor’s share price fell from $44 before the pandemic when West Texas Intermediate (WTI) oil was about US$60 per barrel to $15 last fall when oil traded around US$36. In the face of being in the red today for losing -2.95%, in the last five days SU remained trading in the green while hitting it’s week-highest on Friday, Oct 09 when the stock touched $13.23- price level, adding 9.33% to its value on the day. Suncor’s most recent quarter already showed signs of improvement. OMAHA, Neb. The stock has jumped nearly 25 per cent in the last one month. Despite not being highly leveraged, they still manage to pay dividends to shareholders (currently 5.47%). Suncor Energy Inc. has confirmed Earnings date and time. Aurora Cannabis Stock Is Down More Than 20%. Suncor Energy Inc. cut its full-year production guidance at its Fort Hills oil sands mine to between 45,000 and 55,000 barrels a day from a previous 65,000 to 85,000 barrels a day because of additional required work on the mine. Its current market capitalization stands at C$ 30.45 billion, and its price-to-book (P/B) ratio of 0.838. We take a look at earnings estimates for some clues. But now, with oil prices creeping above $50.00 per barrel, the worst could be over. This event has stirred volatility. SU STOCK PERFORMANCE. Suncor Energy is one of Canada's largest integrated energy companies, operating in western Canada, east coast Canada, the United States, and the North Sea. Currently, Suncor Energy has a subpar Growth Score of D, however its Momentum Score is doing a lot better with a B. However, it is already on the rebound as of late-morning trading on May 12. Suncor Energy Inc. NYSE Updated Jul 27, 2021 3:02 PM SU 20.65 0.66 (3.10%). Barring a collapse in oil prices, Suncor is expected to increase its dividend at a rate of about 10% in the coming years, and it is buying back 3% to 4% of its stock a year. Overall, the stock has an aggregate VGM Score of B. Since then, SU shares have increased by 3.2% and is now trading at C$26.72. Is Suncor stock a buy today? Suncor Energy (SU) reported earnings 30 days ago. Moderna’s stock has declined by roughly 25% over the last two weeks. Down 3.8% Thursday, Suncor Energy (TSX:SU) (NYSE:SU) continued to pay the price for oil’s worst ever year. Why is Suncor Energy stock dropping? However, the year-ago bottom line was a profit of 39 cents per share. CP | Complete Canadian Pacific Railway Ltd. stock news by MarketWatch. Suncor, one of the largest integrated oil producers in Canada, saw its stock drop 2% yesterday. Follow the stock market today on TheStreet. Yes, Its Earnings Were That Bad. Overall, the stock has an aggregate VGM Score of C. Earnings reports or recent company news can cause the stock price to drop. Oil prices dipped, but losses were limited by a big drop in U.S. crude oil inventories. Therefore, as we continue to get the virus under control here and around the world, energy stocks like Suncor have a major opportunity to rebound as oil demand picks up. So although plenty of energy stocks offer investors incredible value today, here’s why analysts have Suncor rated as one of the best. Why Suncor Stock Could Be the Best Pick of the Summer ca.finance.yahoo.com - June 16 at 2:47 PM: Oil Is Rising Fast: How High Can Energy Prices Go? Suncor reports $821 million 1st quarter profit on higher output, stronger oil prices Global News 20:57 3 … Stock analysis - including stock price, stock chart, company news, key statistics. Suncor Energy (TSX:SU) appears oversold right now, but a number of challenges face the oil industry. Stock Market News. Down, but not out What investors need to look at is the company of Suncor stock itself. Suncor (TSX:SU)(NYSE:SU), one of the largest integrated oil producers in Canada, saw its stock drop 2% yesterday. Suncor Energy was recommended as a Top Pick by Jim Cramer - Mad Money on 2021-04-26. Security Not Found. Suncor Energy Inc. [SU] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.22. Berkshire Hathaway Inc. (BRKa.N) filed a quarterly update on holdings with the Securities and Exchange Commission on Thursday. This article was originally published by Michael Snyder at The Economic Collapse Blog. One share of SU stock can currently be purchased for approximately C$20.16. How big of a company is Suncor Energy? Suncor Energy has a market capitalization of C$30.78 billion and generates C$38.34 billion in revenue each year. Suncor Energy employs 12,480 workers across the globe. View additional information about Suncor Energy. In the last six months, Suncor scrips registered slight improvement with a five per cent increase in value. View real-time stock prices and stock quotes for a full financial overview. After dropping to a low of C$ 15.07 amid the pandemic-triggered market crash in March, its scrips rebounded about 9.4 per cent in the last six months. The Zacks Consensus Estimate was of a loss of 7 cents per share. Last quarter, Buffett upped his stake in the energy company. A month has gone by since the last earnings report for Suncor Energy (SU). In February, the company was valued at nearly $70 billion. What's next for the stock? 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