The Latest Breaking News from SU

The inflation report expected this week is expected to be on par with the previous month, reporting near 40-year-high inflation. Historically, the energy sector has outperformed inflation, and so might be an ideal investment option to hedge against current inflationary pressures. Hence, we think the stocks of energy companies Energy…

Someone with a lot of money to spend has taken a bearish stance on Suncor Energy (NYSE:SU). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

RBC Capital analyst Greg Pardy raised the price target for Suncor Energy Inc. (TSX:SU) (NYSE:SU) to C$47 from C$42 while maintaining the Sector Perform rating on the shares. The analyst states that Suncor’s Q1 results were solid while its conference call was uneventful. Pardy mentions that Suncor’s operating performance path will determine its relative market…

Yesterday, the Federal Reserve implemented its first 50-basis-point interest rate hike since 2000 to tame rising inflation. The volatility in the stock market has been increasing with the Fed’s monetary policy pivot, historically high levels of inflation, and the Russia-Ukraine war. And analysts expect the S&P 500 to plunge further.…

Concerns over high inflation and supply shortages due to sanctions on Russia have caused immense market volatility. Analysts believe it will take some time for the economy to return to normalcy, so the Fed may not increase interest rates significantly this year. But since inflation is expected to remain high,…

Oil prices are hovering near seven-year highs on the backs of solid demand and tight supply. Moreover, the EIA has raised its forecast for Brent Crude and natural gas prices. With the energy sector outperforming the broader market, investors should take a look at energy stocks Suncor (SU), Continental Resources…

  Suncor Energy (NYSE:SU) reported its Q4 earnings results on Wednesday, February 2, 2022 at 06:30 PM. Here's what investors need to know about the announcement.