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Bullboard - Stock Discussion Forum Suncor Energy Inc T.SU

Alternate Symbol(s):  SU

Suncor Energy Inc. is a Canada-based integrated energy company. The Company's segments include Oil Sands, Exploration and Production (E&P), and Refining and Marketing. Its operations include oil sands development, production and upgrading, offshore oil and gas production, petroleum refining in Canada and the United States and its Petro-Canada retail and wholesale distribution networks... see more

TSX:SU - Post Discussion

Suncor Energy Inc > National Bank of Canada evaluates SU / Price Target = $57.00
View:
Post by Clemxb7 on Aug 27, 2023 7:54pm

National Bank of Canada evaluates SU / Price Target = $57.00

The figures below assume modest WTI prices.

from @emmpeethree
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Comment by integrity11 on Aug 27, 2023 11:01pm
That's very positive Clem. I didn't see this update, but did see Wells Fargo revision on August 23, where they revised their target from $44 to $54.
Comment by lifeisgood1010 on Aug 28, 2023 11:02am
Crack spread update. If spreads stays at these elevated levels then H2 will be very strong just like stated in the NA report. Thanks Clemxb7 for sharing it. As an comparison(all in CDN$) 3-2-1 spreads was $38.68 on Aug 31st 2022 2-1-1 was $49.78 and WTI was $116.88 As of this writing 3-2-1 is $50.11 2-1-1 $55.98 WTI $109.34 So a bit down on WTI but way up on refining margins. The downstream ...more  
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