Suncor Energy Inc. T.SU

March 31st vs today

[lifeisgood1010]

We ended Q1 with WTI in CDN$ at $125.95, as i write this post we are $28.29 higher at
$154.54 CDN.

Meanwhile the crack was at $42.92 and it never stop climbing since.It's presently at $69.78 in CDN$

SU trades at half the multiples of EXXON and Chevron.

I expect  a reduction of that discount in the coming months.

We should see SU well north of $65 in a not to distant future

[Clemxb7]

No doubt Suncor is undervalued based on a lot of metrics. Suncor has a decent chance of making over $3 this quarter. That puts forward earnings at $12. Give that a 14 multiple and you get $168. Things to consider: Oil prices are likely to stay high for the forseeable future.  14 isn't an outrageous multiple for a company spewing cash from all it's orifices. Got Suncor

[lifeisgood1010]

Only common. Did you noticed how SU mngt. increased significantly their buyback.Compared to April and May, in June, they tripled the daily amount. to about 1.4 million share The money is comming in so much,, that they are reducing the float at a faster pace.