Suncor Energy (SU) Sees 2016 Capex of C$6.7-C$7.3B

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TD Securities Downgrades Suncor Energy (SU) to Hold

November 18, 2015 9:30 AM EST

TD Securities downgraded Suncor Energy (NYSE: SU) from Buy to Hold with a price target of C$43 (from C$44). Yesterday Suncor provided 2016 guidance.

"SU today looks a lot more like the original SU, with 2015 forecasted oil sands production accounting for ~81% of total production. This is effectively in line with the oil sands weighting of ~86% before... More