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  5. SU: Suncor looks attractive at this point, both for a rebound and the dividend. [Suncor Energy Inc.]
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Q: Suncor looks attractive at this point, both for a rebound and the dividend. Would you agree?
Asked by John on July 18, 2023
5i Research Answer:

Yes; the sentiment towards the sector is very negative right now, and thus any positive news could have a large impact. SU has a relatively safe (for the sector) yield of 5.5% and a low valuation of 7X earnings. We would consider it one of the better risk/reward scenarios in the sector today.  

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