Suncor Energy on Rise

Suncor Energy: Growing Up Fast ($SU)

Photo Credit.

Suncor Energy is working hard towards the growth of the company. Be sure not to over look this company, its on its way up! Let’s find out where the company stands now, and where is could potentially go. Here are the details from Alex Shadunsky.

Valuation: Suncor Energy’s trailing 5 year valuation metrics suggest that the stock is undervalued as all of the metrics are below their respective 5 year averages. Suncor Energy’s current P/B ratio is 1.3 and it has averaged 1.8 over the past 5 years with a high of 4 and low of 1.1. Suncor Energy’s current P/S ratio is 1.2 and it has averaged 1.5 over the past 5 years with a high of 2.4 and low of 0.6.

Price Target: The consensus price target for the analysts who follow Suncor Energy is $43. That is upside of 37% from today’s stock price of $31.29 and suggests that the stock is undervalued at these levels. This also suggests that the stock has significant upside and is an attractive opportunity at these levels.

Forward Valuation: Suncor Energy is currently trading at about $31 a share with analysts expecting EPS of $3.81 next year, an earnings increase of 13% y/y, for a forward P/E ratio of 8.2. Taking a look at the company’s publicly traded comparisons will give us a better idea of the stock’s relative valuation. Imperial Oil (IMO) is currently trading at about $45 a share with analysts expecting EPS of $3.97 next year, an earnings increase of 5% y/y, for a forward P/E ratio of 11.3. Canadian Natural Resources (CNQ) is currently trading at about $32 a share with analysts expecting EPS of $3.69 next year, an earnings increase of 28% y/y, for a forward P/E ratio of 8.6. Apache (APA) is currently trading at about $91 a share with analysts expecting EPS of $14.08 next year, an earnings increase of 11% y/y, for a forward P/E ratio of 6.5. The mean forward P/E of Suncor Energy’s competitors is 8.8 which suggests that Suncor Energy is fairly valued relative to its publicly traded competitors.

SU

It looks like this company is on the right track. Be sure to watch closely so you know when to buy in. Buy in opportunities are approaching, so get ready!

Quotes taken from report by Alex Shandunsky, Read the entire article here.

This is not an offer to buy or sell securities. Oil investment carries with it very high risks. The information contained within this site has not been nor will it be verified by Turn Key Oil and is subject to change at any time. We are not a United States Securities Dealer or Broker or United States Investment Adviser. Do your own due diligence and consult with a licensed professional before making any investment decisions. Please read our full disclaimer before making any decisions.

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4 Responses to “Suncor Energy: Growing Up Fast ($SU)”
  1. Turn Key Oil says:

    Suncor Energy extends commitment to support Canadian Paralympic movement

    Jun 19, 2012 1:11:00 PM
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    Renewed sponsorship agreement directly benefits Canadian athletes

    MISSISSAUGA, ON, June 19, 2012 /CNW/ – The Canadian Paralympic Committee (CPC) and Suncor Energy today announced that Suncor, through its Petro-Canada brand, will continue to support Canadian Paralympic athletes, their coaches and their families for an additional four years.

    In addition to the renewed sponsorship, Suncor also announced the launch of the Petro-Canada Paralympic Fuel Savings card which will be available at Petro-Canada stations across the country.

    “Suncor Energy truly exemplifies passion, dedication, and commitment to the Paralympic movement,” said Henry Storgaard, CEO of the Canadian Paralympic Committee. “I am in awe of the caring relationship that has developed between CPC and Suncor over last 13 years and on behalf of the CPC and our athletes, would like to thank Suncor for your support. The Paralympic movement in Canada would not have been able to grow like it has, without this partnership.”

    The renewed sponsorship extends a current sponsorship agreement from 2012 to 2016, with an investment in the Canadian Paralympic movement past the Sochi 2014 Paralympic Winter Games, the Toronto 2015 Pan/Parapan American Games and through to the Rio 2016 Paralympic Summer Games.

    “Contributing to the development of athletes at the earliest stages, helping their dreams become reality is very important to us” said Deborah Gullaher, Suncor’s vice president of Marketing. “We celebrate the achievements of high potential athletes and support the development of these ‘up and comers’ into Canada’s future elite athletes.”

    “The McGuinty government is proud to support our outstanding para-athletes. They are champions who inspire Ontarians and Canadians on the World stage,” added Charles Sousa, Minister responsible for the Pan and Parapan American Games. “Congratulations to Suncor for stepping up to the plate and helping our athletes achieve their dreams.”

    A Paralympic partner since 1999, Suncor has extended its support beyond athletes to include coaches and families, recognizing that their support is critical to an athlete’s success. Programs supported by Suncor include:

    The Petro-Canada Athlete Family Program, which provides families with an opportunity to see their loved ones compete, through the purchase of event tickets at Paralympic Games.
    The Paralympic School Program, through which young students are able to learn more about people with disabilities, the Paralympic Games and Paralympic sports.
    The Fuelling Athlete and Coaching Excellence (FACE) program, which supports Canadian athletes and coaches early on in their careers, at the onset of their Paralympic journeys.
    Today’s announcement at a Mississauga gas station, attended by dignitaries and Suncor employees, was highlighted by the launch of the Petro-Canada Paralympic Fuel Savings Card featuring wheelchair racer Michelle Stilwell (Parksville, B.C.). A triple gold medallist at the Paralympics, Stilwell will be chasing more gold in London at the Paralympic Games (Aug. 29 to Sept. 9) in the 100 and 200 metre events.

    “It’s an honor to be the first Paralympic athlete ever featured in a promotion like this,” said Stilwell. “I’d like to encourage all Canadians to purchase the fuel savings card which will not only save them money, but help contribute funds to the Canadian Paralympic Team.”

    The Paralympic Fuel Savings card is available at Petro-Canada stations across the country. The cards are $45 for a $50 card. Using the card at the pump will save customers $0.10 per litre on 500 litres of fuel. Five dollars from every card sold goes directly to the Canadian Paralympic Team.

    About the Canadian Paralympic Committee

    The Canadian Paralympic Committee is a non-profit, private organization with 46 member sports organizations dedicated to strengthening the Paralympic movement. The Canadian Paralympic Committee’s vision is to be the world’s leading Paralympic nation. Its mission is to lead the development of a sustainable Paralympic sport system in Canada to enable athletes to reach the podium at the Paralympic Games. By supporting Canadian Paralympic athletes and promoting their success, the Canadian Paralympic Committee inspires all Canadians with a disability to get involved in sport through programs delivered by its member organizations. For more information, visit http://www.paralympic.ca.

    About Suncor Energy

    Suncor Energy Inc. is Canada’s premier integrated energy company. Suncor’s operations include oil sands development and upgrading, conventional and offshore oil and gas production, petroleum refining, and product marketing under the Petro-Canada brand. While working to responsibly develop petroleum resources, Suncor is also developing a growing renewable energy portfolio. Suncor’s common shares (symbol: SU) are listed on the Toronto and New York stock exchanges. For more information about Suncor Energy Inc., please visit http://www.suncor.com.

    ———————————————-

    Mark Dottori
    Director
    Marketing and Communications
    Canadian Paralympic Committee
    Tel: 613-569-4333 ext. 242
    Cell: 613-294-5961
    mdottori@paralympic.ca

    Alison Korn
    Manager
    Media Relations
    Canadian Paralympic Committee
    Tel: 613-569-4333 ext. 243
    Cell: 613-298-4927
    akorn@paralympic.ca

    Suncor Energy
    403-296-4000
    media@suncor.com

    Follow Your Team:
    http://www.paralympic.ca
    http://www.facebook.com/CDNParalympics
    http://www.twitter.com/CDNParalympics
    http://www.youtube.com/CDNParalympics

  2. Turn Key Oil says:

    Suncor Energy releases 2012 Report on Sustainability

    Jul 18, 2012 11:15:00 AM
    CALGARY, ALBERTA–(Marketwire – July 18, 2012) -

    Editor’s Note: There is a video and a photo associated with this release

    Suncor Energy announced today the release of its 2012 Report on Sustainability – a comprehensive review of the company’s environment, social and economic performance for the year. The report, themed “Perspectives: Creating our energy future together,” outlines the issues and trends we face as a company and in our industry, as well as what we’re doing and where we’re headed.

    “At Suncor, we’ve always seen this report as more than just a corporate document; our hope is that it can also stimulate constructive dialogue on the challenges associated with energy development,” said Steve Williams, president and CEO. “The genius of sustainable development is that it forces everyone to consider energy challenges and opportunities from multiple perspectives.”

    The report outlines Suncor’s four environmental performance goals and updates the company’s progress on achieving them.

    Suncor’s Goals:

    – Reduce fresh water consumption by 12% by 2015

    – Increase reclamation of disturbed land area by 100% by 2015

    – Improve energy efficiency by 10% by 2015

    – Reduce air emissions by 10% by 2015

    All of the proposed reductions are absolute, except for energy efficiency which is intensity-based. The base year for the planned improvements is 2007.

    Highlights from the 2012 report include:

    – Progress in reducing fresh water demand at our oil sands mining operations: Suncor’s gross fresh water withdrawal from the Athabasca River has declined by 50% since 2004.(i) Water withdrawal is below 1998 levels, even though bitumen production has nearly tripled.

    – Improvements in how Suncor manages tailings: Suncor is targeting a 100% increase in land area reclaimed by 2015.(ii)

    – Momentum on reducing greenhouse gas (GHG) emissions: Suncor’s climate change action plan has contributed to a 53% decrease in GHG emissions intensity at our oil sands operation from 1990 levels.(i)

    – Steady investment in communities in which we operate: Suncor and the Suncor Energy Foundation (SEF) launched a bold new approach to investing in communities in 2011. Since 1998, Suncor and the SEF have invested $130 million in communities where we live and work.

    – Significant contribution to the economy: Suncor spent $10.9 billion(iii) on goods and services in 2011, with vendors in all 10 Canadian provinces as well as the Northwest Territories and Yukon.

    Additional Quotes:

    “We all basically want the same things – to build a strong society with vibrant communities, a healthy environment and educational and job opportunities for our kids. When it comes to our shared energy future, we need to get beyond our differences to what unites us. We need to build bridges rather than walls.”

    - Gord Lambert, vice president, Sustainability

    “We need to move beyond seeing climate change simply as an environmental issue; it’s about transforming an energy system that links us all. The challenges are complex, but the good news is that progress is possible.”

    - Fiona Jones, director, Energy and Climate Change Policy

    Table of Contents:

    About Suncor:

    – What Guides Us

    – CEO’s Message
    – Performance Goals & Progress

    Environment:

    – Renewable Energy

    – Air

    – Water

    – Land and Biodiversity

    – Oil Sands Tailings

    – Climate Change

    Social
    – Safety, Health and Security

    – Social Responsibility

    – Community Investment

    Economic
    – Contribution to the Economy

    Performance Measures

    Suncor created the 2012 Report on Sustainability using the Global Reporting Initiative (GRI) GR3 guidelines to the GRI A+ reporting level – an internationally recognized standard in sustainability reporting. As in previous years, Suncor enlisted the guidance of Ceres, a network of investors, labour, environmentalists and other public interest groups in developing the report.

    The web-based report, which includes articles, photos, data tables, charts and graphs, as well as a summary PDF document and a video featuring Suncor stakeholders, partners and employees, is now available at http://www.suncor.com/sustainability. Readers are encouraged to submit feedback on the report by visiting the website or emailing info@suncor.com. A printed magazine-style 2012 Summary Report on Sustainability will be mailed to stakeholders in late July.

    (i) As at December 31, 2011

    (ii) Reclaimed lands have not been certified as such by government regulators. For further details on what we mean by reclaimed, please see below.

    (iii) Excludes spend on goods and services in Libya and Syria

    This news release contains certain forward-looking statements and other information based on Suncor’s current expectations, estimates, projections and assumptions that were made by the company in light of its experience and its perception of historical trends, including: expectations and assumptions concerning the accuracy of reserves and resources estimates; commodity prices and interest and foreign exchange rates; capital efficiencies and cost savings; applicable royalty rates and tax laws; future production rates; the sufficiency of budgeted capital expenditures in carrying out planned activities; the availability and cost of labour and services; and the receipt, in a timely manner, of regulatory and third-party approvals. All statements and other information that address expectations or projections about the future, and other statements and information about Suncor’s strategy for growth, expected and future expenditures, commodity prices, costs, schedules, production volumes, operating and financial results and expected impact of future commitments are forward-looking statements. Some of the forward-looking statements and information may be identified by words like “expects”, “guidance”, “anticipated”, “estimated”, “plans”, “scheduled”, “belief”, “projects”, “could”, “outlook”, “target”, “objective”, and similar expressions. Forward-looking statements in this news release include references to Suncor’s environmental goals, including reducing fresh water consumption, increasing reclamation, improving energy efficiency and reducing air emissions.

    Forward-looking statements and information are not guarantees of future performance and involve a number of risks and uncertainties, some that are similar to other oil and gas companies and some that are unique to Suncor. Suncor’s actual results may differ materially from those expressed or implied by its forward-looking statements, so readers are cautioned not to place undue reliance on them.

    Suncor’s Management’s Discussion and Analysis dated April 30, 2012, Annual Information Form/Form 40-F dated March 1, 2012, Annual Report to Shareholders and other documents it files from time to time with securities regulatory authorities describe the risks, uncertainties, material assumptions and other factors that could influence actual results and such factors are incorporated herein by reference. Copies of these documents are available without charge from Suncor at 150 6th Avenue S.W., Calgary, Alberta T2P 3E3, by calling 1-800-558-9071, or by email request to info@suncor.com or by referring to the company’s profile on SEDAR at http://www.sedar.com or EDGAR at http://www.sec.gov. Except as required by applicable securities laws, Suncor disclaims any intention or obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    Reclamation at Suncor is a carefully monitored process with two distinct components: (i) transformation of the area, including tailings ponds, into a solid material that can support vegetation, wildlife and landscape restoration, which includes landform design and oil placement; and (ii) re-vegetation in a way that the reclaimed landscape can support vegetation and wildlife as a self-sustaining ecosystem. When Suncor claims that it has reclaimed land or plans to reclaim land, the reclaimed land will have met or is intended to meet the two distinct components identified in this paragraph.

    Suncor Energy is Canada’s premier integrated energy company. Suncor’s operations include oil sands development and upgrading, conventional and offshore oil and gas production, petroleum refining, and product marketing under the Petro-Canada brand. While working to responsibly develop petroleum resources, Suncor is also developing a growing renewable energy portfolio. Suncor’s common shares (symbol: SU) are listed on the Toronto and New York stock exchanges.

    For more information about Suncor Energy please visit our web site at http://www.suncor.com or follow us on Twitter @SuncorEnergy.

    To view the “2012 Report on Sustainability Video” video associated with this release, please visit the following link: http://youtu.be/XclzpW8e3RE

    To view the photo associated with this release, please visit the following link: http://www.marketwire.com/library/20120717-718su_gord.JPG

    FOR FURTHER INFORMATION PLEASE CONTACT:
    Media inquiries:
    403-296-4000
    media@suncor.com

    Investor inquiries:
    800-558-9071
    invest@suncor.com
    http://www.suncor.com

    Source: Suncor Energy Inc.

    ———————————————-
    Media inquiries:
    403-296-4000
    media@suncor.com

    Investor inquiries:
    800-558-9071
    invest@suncor.com
    http://www.suncor.com

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