Suncor Energy Inc. (TSE:SU) (NYSE:SU) insider Steven Walter Williams sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, February 23rd. The stock was sold at an average price of C$43.32, for a total value of C$86,640.00.
Steven Walter Williams also recently made the following trade(s):
- On Tuesday, February 20th, Steven Walter Williams sold 800 shares of Suncor Energy stock. The stock was sold at an average price of C$44.03, for a total value of C$35,224.00.
Suncor Energy Inc. (TSE:SU) traded up C$0.33 during mid-day trading on Friday, hitting C$43.51. The stock had a trading volume of 1,109,543 shares, compared to its average volume of 3,002,728. The stock has a market capitalization of $71,130.00, a price-to-earnings ratio of 16.19 and a beta of 0.40. Suncor Energy Inc. has a 1-year low of C$36.09 and a 1-year high of C$47.69.
The business also recently declared a quarterly dividend, which will be paid on Monday, March 26th. Stockholders of record on Monday, March 5th will be given a $0.36 dividend. The ex-dividend date is Friday, March 2nd. This is a positive change from Suncor Energy’s previous quarterly dividend of $0.32. This represents a $1.44 dividend on an annualized basis and a dividend yield of 3.31%. Suncor Energy’s dividend payout ratio is 46.64%.
Several research firms have commented on SU. Barclays boosted their price objective on Suncor Energy from C$50.00 to C$52.00 in a research note on Friday, February 9th. Royal Bank of Canada boosted their price objective on Suncor Energy from C$49.00 to C$52.00 in a research note on Friday, February 9th. TD Securities upgraded Suncor Energy from a “hold” rating to a “buy” rating and set a C$52.00 price objective for the company in a research note on Friday, February 9th. Eight Capital set a C$56.00 price objective on Suncor Energy and gave the stock a “neutral” rating in a research note on Thursday, January 11th. Finally, Wells Fargo & Co boosted their price objective on Suncor Energy from C$56.00 to C$59.00 in a research note on Thursday, January 11th. Three research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of C$51.54.
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About Suncor Energy
Suncor Energy Inc is a Canada-based integrated energy company. The Company is focused on developing Canada’s petroleum resource basin, Athabasca oil sands. The Company operates in three business segments: Oil Sands, Exploration and Production (E&P), and Refining and Marketing. The Company’s Oil Sands segment includes Oil Sands operations and Oil Sands ventures operations.
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