Suncor Energy Is Maintained at Sector Perform by Scotiabank
Suncor Energy Is Maintained at Sector Perform by
Suncor Energy Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 07/12/2024 56.78% Scotiabank $61 → $60 Maintains Sector Perform 05/28/2024 17.59% Goldman Sachs $38 → $45
Scotiabank Maintains Suncor Energy(SU.US) With Hold Rating, Cuts Target Price to $43.97
Scotiabank analyst Jason Bouvier maintains $Suncor Energy(SU.US)$ with a hold rating, and adjusts the target price from $44.74 to $43.97.According to TipRanks data, the analyst has a success rate of 6
Suncor Energy Inc Price Target Cut to C$60.00/Share From C$61.00 by Scotiabank
Suncor Energy Inc Price Target Cut to C$60.00/Share From C$61.00 by
UBS Details Crowding & Positioning Report for Oil Sands Companies
UBS on Friday published the July edition of the 'Crowding & Positioning' report, which provides insight on how investors are positioned in its coverage group including the oil sands sector.UBS said
Gas Prices Fall a Penny per Litre on Average in Canada, Where Small SUV Sales Are Accelerating
Suncor (SU) Faces Allegations of Air Emission Violations
This is not the first time SU has faced pollution accusations. In February, an enforcement package highlighted air pollution violations from July 2019 to June 2021.
Oil Stats Are All Over the Place; It's a Problem for Investors and Environmentalists Alike -- Barrons.com
To slow the most devastating impacts of climate change, countries will have to agree on how to move away from fossil fuels and toward cleaner alternatives. Today, the world's biggest energy organizations can't even agree on how much oil is already being used.
OPEC Monthly Report: Oil supply shortages may occur in the coming months as countries such as Russia have not yet fulfilled their production cuts.
On Wednesday, according to the latest monthly report from OPEC, although Russia significantly reduced its crude oil production in June, the three main OPEC+ members, Russia, Iraq, and Kazakhstan, still supply tens of thousands of barrels per day more than their quotas set earlier this year.
Crude Oil Regains Some Track – TDS
Crude oil's resilience has seen Commodity Trading Advisors (CTAs) add back their notable length in WTI. The impact to oil supply from hurricane Beryl was less than expected, TDS analysts note.
OPEC Holds Oil-Demand View Steady, Expects Faster Economic Growth -- Update
The Organization of the Petroleum Exporting Countries kept its bullish outlook for oil-demand growth unchanged and raised its economic-growth forecast for this year, citing solid momentum across major economies.
Crude Oil Prices Ease as Investors Digest Fed Chair Remarks, ANZ Bank Says
Crude oil prices ended the previous session lower and saw some volatility as investors considered Federal Reserve Chair Jerome Powell's semiannual monetary policy report, which said the U.S. is "no
Citi Research's AI Hedge Stocks - Part II
Supply Risk Drives Oil Market Upside – TDS
Oil market upside is driven by supply side risk. Meanwhile, the impact to oil supply from hurricane Beryl was less than expected, adding further downward pressure to the market, TDS Senior Commodity Strategist Ryan McKay notes.
GTJA Securities: Crude oil prices continue to trade in line with seasonal expectations.
Last week, crude oil prices continued to remain strong and broke through previous resistance levels. In terms of demand, according to the EIA report, the demand for refined products improved marginally month-on-month and crude oil inventory reduction was better than expected.
Crude Oil Declines on Monday, WTI Faces Familiar Technical Levels as Tropical Storm Fears Ease
Crude Oil Declines on Monday, WTI Faces Familiar Technical Levels as Tropical Storm Fears Ease
Global commodity inventory is in a state of emergency: inventory days of available commodities outside of China experienced the largest month-on-month decline in 31 months.
JPMorgan said that the main reason for this decline was due to the decrease in crude oil and refined product inventories. The global available days of oil and refined products in June decreased sharply by 2.5 days, the largest monthly decline in four years.
Optimistic prospects for interest rate cuts have led to a general increase in major overseas asset classes such as US stocks, gold, silver, and crude oil. Weekly report on major overseas assets.
After the release of non-farm data for the week of July 1-5, the US stock and bond markets rose and the US dollar came under pressure. Upon realizing the 'data detail' that the data in the first two months before non-farm was cut by 0.11 million, US bonds sharply rebounded and the yield curve became steeper.
Market Chatter: Suncor Reduces Output From the 235,000 BPD Firebag Project Due to Wildfire Risk
Suncor Energy (SU.TO, SU) is curtailing some production at its Firebag thermal oil sands project in northern Alberta with the site under threat from an out of control wildfire, Canadian Press reported
Wildfire Risk Forces Suncor To Shut Down Firebag Oil Sands Site: Report
Suncor Energy Inc. (NYSE:SU) reportedly temporarily shut down its 215,000 barrel-per-day Firebag oil sands site in northern Alberta.The company also reduced some production as a precautionary measure