SU in Billionaire's Steve Cohen's Portofolio: . Suncor Energy Inc. (NYSE:SU)
Point72 Asset Management’s Stake Value: $34.36 million
Percentage of Point72 Asset Management’s 13F Portfolio: 0.15%
Number of Hedge Fund Holders: 32
Suncor Energy Inc. (NYSE:SU) is an integrated energy company founded in 1919 and headquartered in Calgary, Alberta, Canada. The company develops and produces oil and natural gas in some parts of North America, the North Sea, Libya, Syria, Tobago and Trinidad. Suncor Energy Inc. (NYSE:SU) has around 12,600 employees and ranks at 647 in Forbes Global 2000 in 2021.
At the end of the third quarter of 2021, the EPS of Suncor Energy Inc. (NYSE:SU) was $0.57 as estimated by the analysts. Although, the company missed the revenue estimates after generating $8.26 billion compared to $8.35 billion forecasts.
On November 19, Suncor Energy Inc.’s (NYSE:SU) price target was raised by Scotiabank analyst Jason Bouvier to $37 up from $33 and the analyst kept an Outperform rating on the company’s shares.