DATE: JUNE 27 "remove":"add"](select.closed),dom.control.setAttribute("aria-expanded",o)}function onToggleClicked(){var l=!isPanelOpen();setPanelState(l)}function onWindowScroll(){window.requestAnimationFrame(function() {var l=isPanelOpen(),n=0===(document.body.scrollTop||document.documentElement.scrollTop);n||l||!allowExpand?n&&l&&(allowExpand=!0,setPanelState(!1)):(allowExpand=!1,setPanelState(!0))});}pencilInit(".js-sub-pencil",!1); // via darwin-bg var slideIndex = 0; carousel(); function carousel() { var i; var x = document.getElementsByClassName("subs_valueprop"); for (i = 0; i < x.length; i++) { x[i].style.display = "none"; } slideIndex++; if (slideIndex> x.length) { slideIndex = 1; } x[slideIndex - 1].style.display = "block"; setTimeout(carousel, 2500); }, Unchecking box will stop auto data updates, The week’s most oversold and overbought stocks on the TSX, Wednesday’s analyst upgrades and downgrades, Market movers: Stocks that saw action on Tuesday - and why, Suncor shares fall on lower oil-sands guidance following mine-fire repairs, Tuesday’s analyst upgrades and downgrades. Suncor has taken multiple measures to mitigate the double threat of low oil prices and low demand, including a dividend cut of 55%. Position: Long For subscribers only.
While CNQ started gaining momentum in late 2019, SU has finally caught up.
I consent to receiving information from The Motley Fool via email, direct mail, and occasional special offer phone calls. Several analysts remain bullish on Suncor. In April, oil prices fell to below $0 in the U.S. Suncor was a contrarian buy then, and investors who were bold enough to buy it were soon sitting on gains of almost 90% as the stock hit $28 in June. -If 17.47 small support breaks, I'm out. RSI: neutral

see cahrt, Information And maybe a little management I would do.

Ideas Technicals . Demand from Asia, and especially India, which accounts for 4.6% of the world’s oil consumption, is not expected to recover until the first half of 2021. Price: 22.19, Information The Motley Fool Canada » Dividend Stocks » Is Suncor Energy (TSX:SU) Stock a Good Bet Right Now?

OPEC, the group of oil-producing nations, in its monthly oil market report for September 2020, said that it expects oil demand to be negative. Russia and Saudi Arabia had a very public fight with regard to limiting oil supplies. 5 Stocks Under $49 (FREE REPORT). Action: potential UPTREND 25% The Oil Sands segment refers to the operations in the Athabasca oil sands in Alberta to develop and produce synthetic crude oil and related products through the recovery and upgrading of bitumen from mining and in situ operations. This is another in a series of hits that the oil sector has taken in 2020.

A total of approximately 1.58 billion shares (approximately 78.48% of outstanding common shares) were represented in person or by proxy.

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