All rights reserved. Fool contributor Puja Tayal has no position in any of the stocks mentioned. SU is trading below fair value by more than 20%. This is your chance to get in early on what could prove to be very special investment advice. Price: 22.19, DATE: JUNE 27 Short Term Liabilities: SU's short term assets (CA$8.4B) exceed its short term liabilities (CA$8.2B). SU's short term assets (CA$8.4B) do not cover its. Please read the Privacy Statement and Terms of Service for more information. Already we’re seeing countries like Israel and Wales re-enter full-on lockdowns. At that time, all oil stocks fell significantly. It is important to seek out a qualified investment, tax or legal professional before making any decisions related to your own personal investments. Can set stop outlined here and target to earn profits in the next swing cycle of about 10 days. -Pre-COVID levels indicated regular increase in Oil consumptions, we're far from being OIL free. The Motley Fool owns shares of and recommends Enbridge. SU's is expected to become profitable in the next 3 years. At present, it has halted oil production to balance demand and supply. Mr. Mark S. Little has been President of Suncor Energy Inc. since November 14, 2018 and its Chief Executive Officer and Director since May 5, 2019. Since the March sell-off, the stock has been hovering in the $18-$25 price range, which represents a 39% upside and 28% downside. The information on Stocktrades.ca represents the views of the authors and should not be misconstrued as advice. I consent to receiving information from The Motley Fool via email, direct mail, and occasional special offer phone calls. Look for more green tomorrow. Div Yield. Future Dividend Coverage: SU's dividends in 3 years are forecast to be covered by earnings (60.6% payout ratio). Because of this, SU stock is a very risky play. The stock won’t even begin a recovery path for the next two years. DISCLAIMER:Stocktrades is an independent media portal covering the development related to stocks on the TSX. Most actively traded companies on the Toronto Stock Exchange. We value your privacy . The company primarily focuses on developing petroleum resource basins in Canada's Athabasca oil sands; explores, acquires, develops, produces, a ... Show more. Affiliated with SU? There’s simply a chance of it happening. A Housing Market Crash of Epic Proportions Could Hit Canada Soon, Canada Revenue Agency: 2 Crucial COVID-19 Tax Breaks for 2020. Dividend Investing 101: When Do Companies Pay Investors? Enter your email address below to get started now, and join the other thousands of Canadians who have already signed up for their chance to get the market-beating advice from Stock Advisor Canada. Experienced Management: SU's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team. Videos only. Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade, and Charles Schwab. One of the factors behind the decline in energy prices this past spring was lower demand for gasoline. Overview . PEG Ratio: Insufficient data to calculate SU's PEG Ratio to determine if it is good value. A report by global oil major BP analyzed three scenarios, and none of them painted a growth trend.