The Latest Breaking News from SU

Someone with a lot of money to spend has taken a bullish 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.

The work, designed to provide an added level of reassurance, starts this month

EU leaders on Monday imposed harsh restrictions on Russian oil exports, which drove oil prices higher. Meanwhile, easing COVID-19 restrictions in China and less oil and gas from other sources amid the Russia-Ukraine war are keeping prices elevated. Amid this, we think oil and gas stocks that have outpaced the…

Labour MP Angela Eagle told MPs of mounting speculation which suggested Steve Barclay had read the Sue Gray report before it was officially published. Ms Eagle laid out plans to table a question to find out if he 'successfully edited' the report.

Suncor Energy (NYSE:SU) has outperformed the market over the past 20 years by 1.02% on an annualized basis producing an average annual return of 7.65%. Currently, Suncor Energy has a market capitalization of $54.53 billion.

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…