Oil quote talks help lift TSX; U.S. stock markets mixed [Business News Network (BNN) Energy & Resources (Canada)]
Suncor Energy Inc. (SU)
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Source: Business News Network
Oil quote talks help lift TSX; U.S. stock markets mixed TORONTO -- Canada's main stock index rose Tuesday as the energy sector got a boost after the country's largest oil producers announced they're talking with the Alberta government to increase their quotas if they ship the output by rail. News that Suncor Energy Inc., Cenovus Energy, Canadian Natural Resources and others were in talks with the provincial government was the primary reason for the TSX gain, says Patrick Bernes, a portfolio manager for CIBC Asset Management. "So I think that that's just being taken well by the market because it means potentially increased sales," he said in an interview. The S&P/TSX composite index closed up 82.26 points at 16,545.21, up from an intraday low of 16,421.66. In New York, the Dow Jones industrial average was down 22.65 points at 26,783.49. The S&P 500 index was up 3.68 points at 2,979.63, while the Nasdaq composite was up 43.35 points at 8,141,73. U.S. markets were relatively flat as inve
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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