WallStreetZenWallStreetZen

How to Buy Suncor Energy Stock

Suncor Energy Inc

Suncor Energy is a oil & gas integrated company located in Alberta, Canada, which is part of the Energy sector, and is traded under the ticker SU on the NYSE exchange.

Suncor Energy stock last closed at $32.61, down 0.94% from the previous day, and has increased 12.49% in one year. It has overperformed other stocks in the Oil & Gas Integrated industry by 0.01 percentage points. Suncor Energy stock is currently +23.41% from its 52-week low of $26.43, and -23.66% from its 52-week high of $42.72.

There are currently 1.35B shares of SU outstanding. The market capitalization of SU is $44.13B. In the past 24 hours, 2.42M SU shares were traded.

How to Buy Suncor Energy Stock

Not sure how to invest in Suncor Energy stock? Here's how.
  1. Decide where to buy Suncor Energy stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you choose where to buy Suncor Energy stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Put funds into your brokerage account: Select your payment method and add your info.
  4. Research Suncor Energy stock: The Suncor Energy ticker symbol is SU. Is Suncor Energy stock a good investment? Should you buy shares of SU? How do SU's underlying business fundamentals look? Do top analysts think Suncor Energy is a good buy? Why has SU's stock price moved recently? (Hint: Our stock research website can help you decide if SU is a good stock to buy).
  5. Execute your SU purchase: Decide if you will purchase SU shares at the current market price or use a limit order to buy SU shares at a specific price.
  6. Get updates on your investment in SU: Create a watchlist to get live updates on your new investment in Suncor Energy stock.

Step 1: Decide where to buy Suncor Energy stock

You need a brokerage account in order to access the NYSE market and buy SU stock.

A brokerage account is an investment account that enables you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

Our favorite brokerage: eToro

Based on our experience, eToro is the best online stock brokerage. Here's why:

  • Invest in stocks with zero commissions: Invest without paying trading commissions.
  • Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
  • Access to global financial markets: From Tech to Real Estate, New York to London — you can fill your portfolio with stocks from the globe's leading stock exchanges.
  • Social investing: eToro offers a community of more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of other investors.
  • Security: eToro is a regulated and licensed brokerage platform.
  • Buy other financial assets: Such as ETFs and cryptocurrencies.

Get $10 towards your share purchase by creating an account with eToro today.

Open eToro Account

Step 2: Create your brokerage account

Now that you've chosen your brokerage, the next step is to fill out some personal details so you can invest in SU stock today.

How to Set Up a New Brokerage Account on eToro

  1. Click here to get started.
  2. Enter your personal info to create your new brokerage account.
  1. Send your details by clicking the "Create Account" button.
Get started with eToro today

Step 3: Put funds into your brokerage account

Now that you've created your account on one of the best stock trading apps, you need to deposit funds:

Check out the tutorial below if you need help transferring funds into your brokerage account.

Get started with eToro today

Step 4: Research Suncor Energy stock

After you have chosen the best place to buy Suncor Energy stock, it's critical to research their stock before you buy, so you actually understand the risk and opportunity.

Overview of key SU info

SU Price
$32.61
1w %
-4.2%
1y %
12.49%
5y %
-4.68%
P/E
8.11x
P/B
1.58x
P/S
1.08x
PEG
0.3x
Revenue
$40.82B
Earnings
$5.76B
Fore. Rev. Growth
-12.46%
Fore. Earn. Growth
33.52%
Market Cap
$44.13B
Next Earnings
Feb 14, 2023
Next Dividend
N/A

Suncor Energy Due Diligence Checks

WallStreetZen was created to help everyday investors perform more in-depth fundamental analysis.

You can view all of the due diligence checks on SU's stock page.

Is SU stock properly valued?

Analysts use many financial metrics, analyses, models, and charts to gauge SU's fair value.

Using relative valuations methods:

  • SU may be undervalued based on its P/E ratio of 8.11x, relative to Oil & Gas Integrated industry P/E ratio of 28.8x
  • SU may be undervalued based on its P/B ratio of 1.58x, relative to Oil & Gas Integrated industry P/B ratio of 1.73x
  • SU may be undervalued based on its PEG ratio of 0.3x

You can access additional valuation research on SU's stock here.

SU Financial Health Overview

Pros:

  • SU's operating cash flow of $10.49B allows it to safely service it's debt of $14.05B.
  • There are more short-term assets than short-term liabilities on the SU balance sheet.
  • SU profit margin has gone up from 6.9% to 14.1% in the past year.
  • SU earnings of $8.82B is not sufficient to cover its interest payments.

Cons:

  • SU has a relatively high debt to equity ratio of 1.23.
  • There are more long-term liabilities than short-term assets on the SU balance sheet.
  • Total SU debt is higher than 5 years ago, relative to shareholder equity.

Is it a good time to buy SU stock, according to Wall Street analysts?

Out of 1 Wall Street analysts who track SU, the consensus analyst rating on SU is a Buy

It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.

Most Recent SU Analyst Upgrades/Downgrades

Manav Gupta, a top 35% analyst from Credit Suisse maintains SU with a buy rating and raises their SU price target from $58.00 to $63.00, on Jun 9, 2022.

An analyst from Goldman Sachs maintains SU with a strong buy rating and raises their SU price target from $38.00 to $43.00, on May 20, 2022.

You can dig deeper into what analysts are saying on the Suncor Energy stock forecast page.

SU Technical Indicators

SMA10
33.75
SMA20
33.06
SMA50
32.03
SMA100
32.36
SMA200
33.5
MACD
0.44
MACD Signal
0.54
MACD Histogram
-0.1
RSI
48.16
Stochastic %K
21
Stochastic %D
40.73
StochRSI %K
0
StochRSI %D
21.96

SU Earnings

Last year, SU earnings were $5.76B. Over the past five year, SU's earnings have gone up by 19.07% per year. This was slower than the Oil & Gas Integrated industry average of 30.55%.

Last year, SU revenue was $40.82B. In the last 5 year, SU's revenue has grown by 11.16% per year. This was faster than the Oil & Gas Integrated industry average of 9.2%.

You can research SU's earnings and revenue performance here.

Are SU insiders buying or selling the stock?

In the past 12 months, executives and large shareholders at SU have not bought or sold any shares.

Learn more about who owns SU shares here.

Does SU provide a stable income stream?

Suncor Energy pays a dividend of 4.43%, compared to the Oil & Gas Integrated industry's average dividend yield of 7.44%. If you owned $1,000 of SU stock, you would have received $44.27 in the past 12 months.

Suncor Energy dividend payments have consistently grown over the past decade but have not remained stable.

Dig into more data about Suncor Energy dividend yield and history here.

SU Social Trading Data

One of the major reasons eToro is our favorite brokerage is because of its social trading community.

Click below to see what other community members have to say.

Step 5: Execute your SU purchase

There are two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are generally sufficient.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at a given dollar amount, place a limit order.

Click the Open button and your broker will place your order.

If you want additional info about buying stocks on eToro, watch the helpful video below:

Open eToro Account

Step 6: Get updates on your investment in SU

Now that you own some SU shares, you'll want to stay up-to-date on your new investment.

Create a watchlist to see the latest developments about your SU stock.

SU Feed

How to Buy Stock in Suncor Energy

To summarize, here are the 6 steps to buy stock in Suncor Energy:

  1. Decide where to buy Suncor Energy stock
  2. Create your brokerage account
  3. Put funds into your brokerage account
  4. Research Suncor Energy stock
  5. Execute your SU purchase
  6. Get updates on your investment in SU

If you need a place to buy stocks, eToro is our favorite venue.

Get Started with eToro Today

If you want to get updates on your new investment in Suncor Energy, hit the button below to create your watchlist.

NYSE: SU
$32.61-0.31 (-0.94%)
Updated Feb 6, 2023
Open eToro Account
NYSE: SU
$32.61-0.31 (-0.94%)
Updated Feb 6, 2023
Open eToro Account

FAQ

How much does it cost to buy one Suncor Energy share?

As of Feb 6, 2023, it costs $32.61 to buy one share of Suncor Energy stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.307 shares of SU.

Get Started with eToro Today

Is now a good time to buy Suncor Energy stock?

According to 1 Wall Street analysts who monitor Suncor Energy, their consensus recommendation is to buy Suncor Energy stock.

What is the best way to buy Suncor Energy stock?

One way to place an order for Suncor Energy stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.