Media headlines about Suncor Energy (TSE:SU) (NYSE:SU) have been trending neutral on Friday, according to InfoTrie. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Suncor Energy earned a media sentiment score of 0.50 on their scale. InfoTrie also assigned media headlines about the company an news buzz score of 6 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the company’s share price in the immediate future.
Here are some of the media headlines that may have effected Suncor Energy’s analysis:
Shares of TSE SU opened at C$41.55 on Friday. The company has a debt-to-equity ratio of 36.41, a quick ratio of 0.58 and a current ratio of 0.93. Suncor Energy has a 12-month low of C$35.53 and a 12-month high of C$55.47.
Suncor Energy (TSE:SU) (NYSE:SU) last posted its earnings results on Wednesday, October 31st. The company reported C$0.95 EPS for the quarter, beating the consensus estimate of C$0.92 by C$0.03. The business had revenue of C$10.86 billion during the quarter, compared to analysts’ expectations of C$12.09 billion. As a group, equities research analysts predict that Suncor Energy will post 3.24000008582782 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which was paid on Monday, December 24th. Investors of record on Monday, December 3rd were issued a $0.36 dividend. This represents a $1.44 annualized dividend and a yield of 3.47%. The ex-dividend date was Friday, November 30th. Suncor Energy’s dividend payout ratio (DPR) is presently 46.40%.
A number of research analysts have commented on SU shares. National Bank Financial upped their price target on Suncor Energy from C$65.00 to C$67.00 in a research note on Friday, October 5th. Cormark decreased their price target on Suncor Energy from C$60.00 to C$52.00 in a research note on Monday, December 17th. UBS Group decreased their price target on Suncor Energy from C$60.00 to C$49.00 in a research note on Monday, January 7th. JPMorgan Chase & Co. reduced their price objective on Suncor Energy from C$59.00 to C$56.00 in a research note on Tuesday, December 11th. Finally, Canaccord Genuity reduced their price objective on Suncor Energy from C$67.00 to C$65.00 in a research note on Tuesday, November 20th. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of C$56.56.
In other Suncor Energy news, insider Steven Walter Williams bought 54,000 shares of the company’s stock in a transaction that occurred on Friday, December 21st. The shares were purchased at an average price of C$36.86 per share, with a total value of C$1,990,440.00. Following the completion of the acquisition, the insider now directly owns 465,102 shares of the company’s stock, valued at approximately C$17,143,659.72.
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About Suncor Energy
Suncor Energy Inc operates as an integrated energy company. The company primarily focuses on developing petroleum resource basins in Canada's Athabasca oil sands; explores, acquires, develops, produces, and markets crude oil and natural gas in Canada and internationally; transports and refines crude oil; markets petroleum and petrochemical products primarily in Canada.
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