Buffett's Suncor bet to revive investor interest in Canadian energy [Reuters]
Suncor Energy Inc. (SU)
Last suncor energy inc. earnings: 2/5 07:15 pm
Check Earnings Report
US:NYSE Investor Relations:
suncor.com/investor-centre
Company Research
Source: Reuters
Buffett's Suncor bet to revive investor interest in Canadian energy | Reuters 4 Min Read TORONTO (Reuters) - Berkshire Hathaway Inc’s re-investment in Suncor Energy Inc highlights the benefits of being an integrated oil company and could revive investor interest in the languishing Canadian energy sector, fund managers said. The move is also seen by some as a wager the energy sector could benefit from a change in the guard in Canada’s oil-rich Alberta province, which has an election this year. Berkshire’s new 0.7 percent stake in Suncor, valued at C$488 million ($370.54 million) at current prices, is already worth 23 percent more since Berkshire bought it in the last quarter. It comes more than two years after it sold for $618 million a 1.4 percent stake it had bought in 2013 and added to in 2015. Its re-entry is seen by analysts as a validation that Canada’s biggest oil and gas company has catalysts - such as a new incoming CEO and the eventual removal of Alberta oil curtailments - th
Show less
Read more
Impact Snapshot
Event Time:
SU
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SU alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SU alerts
High impacting Suncor Energy Inc. news events
Weekly update
A roundup of the hottest topics
SU
News
- Canada unions brace for 2025 labor crunch in oil sands maintenance season [Reuters]Reuters
- Suncor Energy Inc. (NYSE: SU) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Higher oil doesn't shake industry talk on spending discipline at CAPP conference [BNN Bloomberg (Canada)]BNN Bloomberg
- Higher oil doesn't shake industry talk on spending discipline at CAPP conference [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Tuesday's analyst upgrades and downgrades [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
SU
Earnings
- 2/21/24 - Beat
SU
Sec Filings
- 3/27/24 - Form 6-K
- 3/22/24 - Form 6-K
- 3/22/24 - Form 40-F
- SU's page on the SEC website