Suncor Energy (USA) (SU) : Baring Asset Management Ltd scooped up 387,008 additional shares in Suncor Energy (USA) during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 25, 2016. The investment management firm now holds a total of 1,446,096 shares of Suncor Energy (USA) which is valued at $37,988,942.Suncor Energy (USA) makes up approximately 2.99% of Baring Asset Management Ltd’s portfolio.
Other Hedge Funds, Including , Greylin Investment Mangement Inc reduced its stake in SU by selling 650 shares or 0.66% in the most recent quarter. The Hedge Fund company now holds 97,245 shares of SU which is valued at $2,554,626. Suncor Energy (USA) makes up approx 0.56% of Greylin Investment Mangement Inc’s portfolio.Dorchester Wealth Management Co boosted its stake in SU in the latest quarter, The investment management firm added 16,966 additional shares and now holds a total of 385,647 shares of Suncor Energy (USA) which is valued at $10,559,015. Suncor Energy (USA) makes up approx 3.82% of Dorchester Wealth Management Co’s portfolio.Corbyn Investment Management Incmd reduced its stake in SU by selling 1,701 shares or 0.59% in the most recent quarter. The Hedge Fund company now holds 288,755 shares of SU which is valued at $8,067,815. Suncor Energy (USA) makes up approx 2.52% of Corbyn Investment Management Incmd’s portfolio. First American Trust Fsb sold out all of its stake in SU during the most recent quarter. The investment firm sold 16,700 shares of SU which is valued $464,928.
Suncor Energy (USA) opened for trading at $26.5 and hit $26.985 on the upside on Friday, eventually ending the session at $26.91, with a gain of 0.75% or 0.2 points. The heightened volatility saw the trading volume jump to 33,48,242 shares. Company has a market cap of $42,574 M.
On the company’s financial health, Suncor Energy (USA) reported $-0.36 EPS for the quarter, missing the analyst consensus estimate by $ -0.08 based on the information available during the earnings call on Jul 27, 2016. Analyst had a consensus of $-0.28.Analysts expectations of $ 6459.12.During the same quarter in the previous year, the company posted $0.63 EPS.
Suncor Energy Inc. (Suncor) is an integrated energy company. The Company is focused on developing Canadas petroleum resource basin Athabasca oil sands. The Company operates in three business segments: Oil Sands Exploration and Production and Refining and Marketing. The Companys Oil Sands segment includes Oil Sands operations and Oil Sands ventures operations. Its Exploration and Production segment consists of offshore operations off the east coast of Canada and in the North Sea and onshore assets in North America Libya and Syria. The Companys Refining and Marketing segment is engaged in Refining and Supply and Downstream Marketing. In addition the Company explores for acquires develops produces and markets crude oil and natural gas in Canada and internationally. The Company also transports and refines crude oil and markets petroleum and petrochemical products primarily in Canada.