Suncor Energy Inc. (TSE:SU – Get Free Report) (NYSE:SU) insider Peter Douglas Zebedee sold 5,000 shares of the business’s stock in a transaction dated Monday, September 14th. The stock was sold at an average price of C$98.00, for a total transaction of C$490,000.00.
Peter Douglas Zebedee also recently made the following trade(s):
- On Friday, September 11th, Peter Douglas Zebedee sold 4,388 shares of Suncor Energy stock. The shares were sold at an average price of C$94.90, for a total transaction of C$416,421.20.
Suncor Energy Price Performance
SU traded up C$4.18 during midday trading on Tuesday, reaching C$99.76. 2,027,645 shares of the company’s stock were exchanged, compared to its average volume of 6,350,708. Suncor Energy Inc. has a 1-year low of C$53.02 and a 1-year high of C$100.24. The stock has a market capitalization of C$116.68 billion, a PE ratio of 13.32, a P/E/G ratio of 0.15 and a beta of 0.19. The company has a debt-to-equity ratio of 30.48, a current ratio of 1.65 and a quick ratio of 0.83. The business’s 50-day moving average price is C$90.67 and its 200 day moving average price is C$87.49.
Suncor Energy Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 25th will be issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Friday, September 4th. Suncor Energy’s payout ratio is 31.64%.
Wall Street Analyst Weigh In
A number of analysts recently commented on the company. The Goldman Sachs Group cut Suncor Energy from a “buy” rating to a “hold” rating in a research report on Friday, June 5th. TD raised their price target on shares of Suncor Energy from C$113.00 to C$116.00 and gave the stock a “buy” rating in a research note on Wednesday, July 22nd. Raymond James Financial lifted their price target on shares of Suncor Energy from C$103.00 to C$109.00 and gave the stock an “outperform” rating in a report on Thursday, August 6th. Scotiabank raised shares of Suncor Energy to a “strong-buy” rating in a research note on Friday, June 26th. Finally, Gerdes Energy Research lowered shares of Suncor Energy from a “buy” rating to a “neutral” rating and raised their target price for the stock from C$96.00 to C$97.00 in a research report on Wednesday, July 22nd. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of C$97.69.
About Suncor Energy
Suncor Energy Inc is an integrated energy company. The company’s operations include oil sands development, production and upgrading, offshore oil and gas, petroleum refining in Canada and the U.S. and the company’s PetroCanada retail and wholesale distribution networks. The company is developing petroleum resources while advancing the transition to a low-emissions future through investment in power, renewable fuels and hydrogen. It also conducts energy trading activities focused principally on the marketing and trading of crude oil, natural gas, byproducts, refined products and power.
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