The Latest Breaking News from Suncor Energy Inc

Amid oil price volatility driven by the Middle East crisis, regulatory optimism signals a rise in energy demand in the long term. Thus, strategic investments in Suncor Energy (SU), DNOW Inc. (DNOW), and MRC Global (MRC) could unlock opportunities, leveraging their resilience and positioning to thrive in a rapidly evolving…

Given increasing geopolitical concerns, rising oil prices, and extending OPEC+ production cuts, the oil and gas market is poised for robust growth. Therefore, fundamentally solid energy stocks Cenovus Energy (CVE), Suncor Energy (SU), and Energy Transfer (ET) could be ideal investment choices. Read more.

The ongoing political disruptions in a major oil exporting country, Libya, have created widespread apprehensions regarding the deterioration of the global supply crunch. However, demand is expected to remain robust. Therefore, quality energy stocks Valero (VLO), Suncor (SU), Marathon (MRO), and APA (APA), which have continued to climb in 2022,…

CALGARY — Suncor Energy Inc. says it has reached a deal with activist investor Elliott Investment Management LP that will see it undertake a strategic review of its downstream retail business with the goal of "unlocking shareholder value."

ConocoPhillips (NYSE: COP) received approval from the U.K. and Norway authorities for the development and operation of the Tommeliten A field in the North Sea.

The growing concerns over a potential recession due to tighter monetary policy to tame the high inflation have kept the stock market under immense pressure lately. Given this volatile backdrop, we think it could be wise to buy and hold high-yield dividend stocks Suncor Energy Inc. (SU), MetLife, Inc. (MET),…

The inflation report expected this week is expected to be on par with the previous month, reporting near 40-year-high inflation. Historically, the energy sector has outperformed inflation, and so might be an ideal investment option to hedge against current inflationary pressures. Hence, we think the stocks of energy companies Energy…

EU leaders on Monday imposed harsh restrictions on Russian oil exports, which drove oil prices higher. Meanwhile, easing COVID-19 restrictions in China and less oil and gas from other sources amid the Russia-Ukraine war are keeping prices elevated. Amid this, we think oil and gas stocks that have outpaced the…

RBC Capital analyst Greg Pardy raised the price target for Suncor Energy Inc. (TSX:SU) (NYSE:SU) to C$47 from C$42 while maintaining the Sector Perform rating on the shares. The analyst states that Suncor’s Q1 results were solid while its conference call was uneventful. Pardy mentions that Suncor’s operating performance path will determine its relative market…