Go to the Globe and Mail homepage

Jump to main navigationJump to main content

A pedestrian is reflected in a Suncor Energy sign in Calgary, Monday, Feb. 1, 2010. (Jeff McIntosh/THE CANADIAN PRESS/Jeff McIntosh/THE CANADIAN PRESS)
A pedestrian is reflected in a Suncor Energy sign in Calgary, Monday, Feb. 1, 2010. (Jeff McIntosh/THE CANADIAN PRESS/Jeff McIntosh/THE CANADIAN PRESS)

Research report

Stock analysis: Suncor scores high as it recovers from downtrend Add to ...

StockReports+ is a Thomson Reuters service that helps investors pick equities by simplifying the process of evaluating stocks, finding new trading ideas, and understanding trends affecting markets and industries.

Suncor Energy Inc. will report its second-quarter financial results Wednesday at 10 p.m. (ET). The Street is expecting earnings per share of 63 cents, down from 81 cents a year earlier. But that may disguise some promising future trends for the Canadian oil sands producer.

More Related to this Story

The stock has recovered from a long downtrend that began near the start of the year and lasted into April. Heavy crude prices have been showing steady improvement, thanks in part to railways that have been carting away increasing volumes of crude, easing pipeline congestion. West Texas Intermediate crude prices have also been on an uptrend.

This report provides a detailed analysis that investors may want to review before buying or selling the stock.

StockReports+ gives each stock an average score that combines the quantitative analysis of six widely-used investment decision-making tools: earnings, fundamentals, relative valuation, risk, price momentum and insider trading. Suncor's average score is 9 out of 10. That places it within the top 15 per cent of stocks scored.

Read more in this comprehensive report.

Follow us on Twitter: @GlobeInvestor

 
Security Price Change
SU-T Suncor Energy 45.63 0.28
0.617 %
Add to watchlist
Live Discussion of SU on StockTwits
More Discussion on SU-T

In the know

Most popular video »

Highlights

More from The Globe and Mail

Most Popular Stories