Added to YB: 2024-02-07
Pitch date: 2024-02-06
SU [bullish]
Suncor Energy Inc.
+51.59%
current return
Author Info
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Company Info
Suncor Energy Inc. operates as an integrated energy company in Canada, the United States, and internationally.
Market Cap
CAD 75.3B
Pitch Price
CAD 39.63
Price Target
45.84 (-25%)
Dividend
3.84%
EV/EBITDA
5.58
P/E
14.63
EV/Sales
1.76
Sector
Oil, Gas and Consumable Fuels
Category
value
Show full summary:
Suncor Energy Looks Undervalued Against Peers
$SU compelling buy: Stock lags despite strong financials, FCF allocation, imminent Trans Mountain Pipeline boost (300K to 890K bpd), enabling global mkt access & higher prices. Q3 profits dipped but refinery utilization & debt reduction solid. 42% upside to $45 on 3.5x EV/EBITDA vs peers' 5x. Risks: oil prices, enviro, regs.
Read full article (6 min)