Bullish Case: SU's price increase over the past decade, steady dividend payments, and positive earnings surprise suggest long-term growth despite market volatility.


Bearish Case: Exposure to environmental penalties, uncertain climate litigation outcomes, and inherent energy market risks may drive bearish sentiment.


Potential Outcomes:

1. Legal developments in climate litigation resolve favorably (30%);

2. Stable oil prices continue supporting earnings (40%);

3. Dividend attractiveness maintains investor interest (30%).


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April 05, 2024


Suncor Energy Forecast

SU        Suncor Energy
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











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MTDR Forecast + Options Trading Strategies   MTDR  Matador Resources (0.91)


CNQ Forecast + Options Trading Strategies   CNQ  Canadian Natural Resources (0.91)


BNO Forecast + Options Trading Strategies   BNO  United States Commodity Funds LLC - United States Brent Crude Oil (0.9)


FANG Forecast + Options Trading Strategies   FANG  Diamondback Energy (0.89)



Uncorrelated Stock Forecasts

Assets with little price relationship to SU



BJRI Forecast + Options Trading Strategies   BJRI  BJ's Restaurant (-0.0)


AVDL Forecast + Options Trading Strategies   AVDL  Avadel Pharmaceuticals (-0.0)


ABT Forecast + Options Trading Strategies   ABT  Abbott Laboratories (-0.0)


ABUS Forecast + Options Trading Strategies   ABUS  Arbutus Biopharma (0.0)


COCO Forecast + Options Trading Strategies   COCO  Vita Coco (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against SU



WBA Forecast + Options Trading Strategies   WBA  Walgreens Boots Alliance (-0.81)


XEL Forecast + Options Trading Strategies   XEL  Xcel Energy (-0.83)


HE Forecast + Options Trading Strategies   HE  Hawaiian Electric Industries (-0.83)


DRIP Forecast + Options Trading Strategies   DRIP  Direxion Daily S&P Oil & Gas Exp. & Prod. (-0.9)


ERY Forecast + Options Trading Strategies   ERY  Direxion Daily Energy Bear 2X Shares (-0.9)





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