(SU) Suncor Energy - Ratings and Ratios

Suncor Energy Inc. is a behemoth in the energy sector, operating as an integrated energy company across Canada, the United States, and internationally. The companys diversified portfolio is segmented into Oil Sands, Exploration and Production, and Refining and Marketing, allowing it to capitalize on various revenue streams. With a history dating back to 1917, Suncor has evolved to become a major player in the industry, leveraging its expertise in bitumen production, crude oil refining, and petrochemical product sales.

The Oil Sands segment is a significant contributor to Suncors revenue, producing bitumen and managing crude oil, power, and byproducts. Meanwhile, the Exploration and Production segment focuses on offshore operations on Canadas east coast and onshore assets in Libya and Syria, as well as crude oil marketing and risk management. The Refining and Marketing segment refines crude oil into various petroleum and petrochemical products, selling them to retail customers and trading crude oil, refined products, natural gas, and power.

From a technical analysis perspective, Suncors stock price is currently at $36.65, with multiple resistance levels at $37.5, $38.7, and $39.6. The stocks short-term moving averages (SMA20 and SMA50) are trending upwards, indicating a potential bullish signal. However, the long-term SMA200 is at $37.23, suggesting a possible resistance level. With an Average True Range (ATR) of 0.83, representing a 2.27% daily price movement, the stock is experiencing moderate volatility.

Fundamentally, Suncors market capitalization stands at $43.9 billion USD, with a price-to-earnings ratio of 10.04 and a forward P/E of 13.00. The companys Return on Equity (RoE) is 13.63%, indicating a relatively healthy profitability margin. Given the current technical and fundamental data, a forecast for Suncors stock price could be as follows: if the stock price breaks through the resistance level at $37.5, it may continue to rise towards $38.7 and $39.6, driven by the bullish trend indicated by the short-term moving averages. However, if the stock price fails to break through the resistance level, it may experience a correction, potentially falling back to the SMA20 or SMA50 levels.