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 $40.39, down 0.17% from the previous day, and has increased 19.71% in one year. It has overperformed other stocks in the Oil & Gas Integrated industry by 0.15 percentage points. Suncor Energy stock is currently +37.15% from its 52-week low of $29.45, and -3.71% from its 52-week high of $41.95.
There are currently 1.28B shares of SU outstanding. The market capitalization of SU is $51.53B. In the past 24 hours, 1.94M SU shares were traded.
How to Buy Suncor Energy Stock
Not sure how to invest in Suncor Energy stock? Here's how.
- 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.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Put funds into your brokerage account: Select your payment method and add your info.
- 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).
- 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.
- 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.
Our favorite brokerage: eToro
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Get $10 towards your share purchase by creating an account with eToro today.
Open eToro AccountStep 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
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to create your new brokerage account.
- 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.
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
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 9.63x, relative to Oil & Gas Integrated industry P/E ratio of 12.03x
- SU may be overvalued based on its P/B ratio of 1.61x, relative to Oil & Gas Integrated industry P/B ratio of 1.55x
You can do additional valuation analysis on SU's stock here.
SU Financial Health
Pros:
- SU's operating cash flow of $10.88B allows it to safely service it's debt of $11.20B.
- There are more short-term assets than short-term liabilities on the SU balance sheet.
- Total SU debt is lower than 5 years ago, relative to shareholder equity.
- SU profit margin has gone up from 11.5% to 14.4% in the past year.
- SU earnings of $8.05B is not sufficient to cover its interest payments.
Cons:
- SU has a relatively high debt to equity ratio of 1.03.
- There are more long-term liabilities than short-term assets on the SU balance sheet.
Is it a good time to buy SU stock, according to Wall Street analysts?
Out of 3 Wall Street analysts who track SU, the consensus analyst rating on SU is a Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Suncor Energy stock forecast page.
SU Trading Indicators
How are SU Revenues/Earnings doing?
Last year, SU earnings were $5.43B. During the past 5 year, SU's earnings have gone up by 8.96% per year. This was slower than the Oil & Gas Integrated industry average of 11.8%.
Last year, SU revenue was $37.66B. In the last 5 year, SU's revenue has grown by 4.95% per year. This was faster than the Oil & Gas Integrated industry average of 3.88%.
You can research SU's earnings and revenue performance here.
Who is buying/selling SU?
In the last 12 months, insiders at SU have not bought or sold any shares.
Learn more about who owns SU shares here.
Does SU stock generate passive income?
Suncor Energy pays a dividend of 3.69%, compared to the Oil & Gas Integrated industry's average dividend yield of 6.07%. If you owned $1,000 of SU stock, you would have received $36.94 in the past 12 months.
Suncor Energy dividend payments have consistently grown over the past decade but have not remained stable.
Get more info about Suncor Energy dividend yield and history here.
What do other traders have to say about SU?
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Execute your SU purchase
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally the best for newer investors. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a given dollar amount, use a limit order.
Press the Open Trade button and eToro will execute the order.
If you need additional help investing in stocks on eToro, watch the helpful video below:
Step 6: Get updates on your investment in SU
Now that you own some shares in SU, you'll want to keep up with your company.
Make a watchlist to track your SU stock.
SU Feed
How to Buy Stock in Suncor Energy
To reiterate, here are the 6 steps you need to take to buy Suncor Energy stock right now:
- Decide where to buy Suncor Energy stock
- Create your brokerage account
- Put funds into your brokerage account
- Research Suncor Energy stock
- Execute your SU purchase
- Get updates on your investment in SU
If you are looking for a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you would like to monitor your investment in Suncor Energy, create your watchlist below.
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