Research, Charts & Company Announcements
Research Tree provides access to ongoing research coverage, media content and regulatory news on SUNCOR ENERGY INC. We currently have 46 research reports from 1 professional analysts.
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SUNCOR ENERGY INC
SUNCOR ENERGY INC
Commodity Price Update – Impact on Integrateds, Large Cap E&P, Oilsands
28 Sep 16
3Q16e WTI prices look set to average ~US$44.50/bbl vs. our $50.00/bbl prior estimate. We have also reduced our 4Q16e WTI forecasts by US$5.00 to US$50.00/ bbl, but left our 2016e+ oil & gas price deck largely unchanged. For the second time in three months we are increasing our forecasts for Canadian refined product premiums relative to New York Harbor.
ISSUING C$1.0 BILLION IN NOTES - MORE DRY POWDER, OR MERELY OPPORTUNISTIC FINANCING?
08 Sep 16
Suncor announced it will issue C$1.0 billion of senior unsecured notes, consisting of C$700 mm of 2026 notes (3.00% coupon priced at $99.751) and $300 mm of 2046 notes (4.34% coupon priced at $99.900), and noted the intent is to use the proceeds to repay some of its existing short-term indebtedness.
SUNCOR BUYS 30% STAKE IN UNDEVELOPED UK ROSEBANK FIELD
09 Aug 16
Suncor announced that it is acquiring a 30% non-operated interest in the Chevron-operated Rosebank project, offshore UK. Suncor will pay US$50 mm, plus additional consideration of US$165 mm should the project get sanctioned and Suncor choose to participate.
2Q16 CFPS $0.58/SHARE BEATS EXPECTATIONS
27 Jul 16
Market Impact: Positive. Cash flow of $0.58/share handily beat expectations, as Oil Sands cash costs were not as high as we had guessed, and refining margins were better than we had modeled, partially due to FIFO. There was no cost update for Fort Hills, but first oil is now targeted for year-end 2017 instead of the fourth quarter, due to delays caused by the forest fires. 2016 guidance is unchanged
The Slide Rule
12 Jan 17
What is The Slide Rule? The Slide Rule has been designed to dramatically simplify the identification of the best companies in the UK small/mid-cap sector by making a quantitative assessment of the relative potential of each company. At its core, The Slide Rule aims to identify those companies that create genuine shareholder value through strong returns on capital and solid growth, but also present a value opportunity with the potential tailwind of earnings momentum. Companies are assessed within a Quality, Value, Growth and Momentum (QVGM) framework.
The Monthly January 2017
09 Jan 17
Despite all the hullaballoo of the Brexit vote and the subsequent election of Donald Trump as the next US President, the UK stock market prospered last year, especially in the latter few months of 2016. The combination of a depreciating currency – making $ earnings more valuable in relative terms - and the Trump emphasis on infrastructure expenditure drove the stock market higher
10 for 17
09 Jan 17
As always at the start of a year, there are significant uncertainties about the year ahead but I think in 2017, the level of uncertainly has decisively moved up a gear. In fact, a leading economist at the LSE, Ethan Ilzetzki, was recently quoted as saying “I view the current global economic environment as the most uncertain in modern history”. Wow.
Conviction List Q1 2017
05 Jan 17
Since its inception in 2010, the Conviction List has outperformed the market in 11 of 19 periods and a reinvested Conviction List would have returned 260% against a Small Companies index that would have returned 194%. Our Conviction List returned 0.4% over the last quarter; this was set against the benchmark UK Small Companies index that returned 4.0% over the same period.
GMP FirstEnergy ― UK Energy morning research package
10 Jan 17
GeoPark (GPRK-NYSE) 1,6; BUY, US$6.50: 4Q16 operations update and production results | Northern Petroleum (NOP LN)1; SPEC. BUY, £0.10: Results of open offer | Serica Energy (SQZ LN) (not covered): Operations Update | Roxi Petroleum (RXP LN) (not covered): BNG Operational update in Kazakhstan | Tullow Oil (TLW LN); REDUCE, £2.90: Transaction in Uganda frees up cash for Kenya | Eco Atlantic (EOC CN) (not covered): Intention to list on AIM –