Find your way Market Summary Dashboard What`s new AI Robots 1-on-1 lessons Help Sale

SNMCY

AS OF

Price

Change

Capitalization

10.9B

OUR PRODUCTS

MOBILE APPS

GENERAL INFO

Go to the list of all blogs

Sarah Patel

published in Blogs

Aug 06, 2022

Suncor Energy (SNMCY; $8.08) Q2 profit rises fourfold

Suncor Energy reported a more than fourfold surge in profit in its second quarter, thanks to higher crude oil prices. The company also indicated its plans to divest assets.

Net earnings rose more than fourfold to C$3.996 billion ($3.11 billion), or C$2.84 per share for the quarter ended June, compared with C$868 million, or 58 Canadian cents a year earlier. The company's net synthetic crude oil production rose to 483,000 bbls/d in the second quarter of 2022, compared to 437,200 bbls/d in the year-ago quarter.

Suncor boosted its full-year capital expenditure projection to $4.9 billion-$5.2 billion from prior forecast of $4.7 billion, on inflationary pressures and increased safety improvement expenditure.

The company cut its 2022 production forecast to 740,000-760,000 barrels per day from 750,000-790,000.

Related Ticker: SNMCY

Industry description

Property and casualty companies insure against accidents of non-physical harm, such as lawsuits, damage to personal assets, car crashes and more. Progressive Corporation, Travelers Companies, Inc. and Allstate Corporation are some of the biggest providers of such products.

Market Cap

The average market capitalization across the Property/Casualty Insurance Industry is 12.35B. The market cap for tickers in the group ranges from 175.19K to 79.36B. CB holds the highest valuation in this group at 79.36B. The lowest valued company is FNHC at 175.19K.

High and low price notable news

The average weekly price growth across all stocks in the Property/Casualty Insurance Industry was 3%. For the same Industry, the average monthly price growth was 2%, and the average quarterly price growth was 22%. PINXF experienced the highest price growth at 48%, while FXFLF experienced the biggest fall at -11%.

Volume

The average weekly volume growth across all stocks in the Property/Casualty Insurance Industry was -49%. For the same stocks of the Industry, the average monthly volume growth was -4% and the average quarterly volume growth was 30%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 49

P/E Growth Rating: 49

Price Growth Rating: 51

SMR Rating: 91

Profit Risk Rating: 73

Seasonality Score: -7 (-100 ... +100)

View a ticker or compare two or three

Compare

A.I.Advisor

published price charts

A.I. Advisor

published General Information

General Information

Industry PropertyCasualtyInsurance

Profile

Fundamentals

Details

Industry

N/A

Address

80 Ann Street

Phone

+61 733621222

Employees

13505

Web

https://www.suncorpgroup.com.au

Interesting Tickers

STOCK / NAME	Price $	Chg $	Chg %
		1 Day
IMCC	1.27	0.05	+4.10%
IM Cannabis Corp
BY	19.81	0.51	+2.64%
Byline Bancorp
REAL	1.70	0.04	+2.11%
RealReal (The)
TS	27.73	0.50	+1.84%
Tenaris S A
RUM	9.77	-0.10	-1.01%
Rumble

Sergey Savastiouk

published in Blogs

Mar 14, 2023

How to Start Trading Penny Stocks

Penny stocks have long been marginalized within the professional investment community, oftentimes being painted with a broad brush of simply being “too risky.” Leonardo DiCaprio’s depiction of the penny stock peddling conman, Jordan Belfort, in the Wolf of Wall Street certainly didn’t help.Here are four reasons to start trading them now. Reason #1: Let’s State the Obvious -- Penny Stocks are Cheap A single share of Apple Inc. costs over $350.

Dmitry Perepelkin

published in Blogs

Mar 14, 2023

5 Habits that Lead to Successful Investing

To consistently make money in this industry, you need emotional fortitude, an analytical mind, and a willingness to self-reflect. Despite trading and investing being two different activities, these principles can be applied to both.Conversely, investors with good habits often become great traders. Rather than full sentences for titles, we’ve labeled each of our top-five investing habits using a single word principle.

Allana

published in Blogs

Mar 23, 2023

What’s the Difference Between Data Analytics and Machine Learning?

Artificial intelligence (AI) technology is developing rapidly.Data mining can deliver raw numbers, but it does not necessarily provide actionable insights. Structure is necessary to taking abstract information and extracting commonalities, like averages, ratios, and percentages.

Sergey Savastiouk

published in Blogs

Mar 13, 2023

4 Tips for Fast, Effective Stock Analysis

With just a few clicks, an investor can search for individual stocks, categories of stocks, sectors, or investment themes, and then he or she can conduct a full range of technical and fundamental analysis within seconds.All powered by Artificial Intelligence. Below, we give you 5 tips for fast, effective stock analysis using Tickeron’s Screener.

Sergey Savastiouk

published in Blogs

Mar 20, 2023

5 Golden Principles in Investing

You have enough faith in that stock, based on research, that the return will equal or exceed the investment. Do unto others.The principles outlined here will ensure that happens. Principle #1: Diversification Investors can’t be one-dimensional when constructing a portfolio.

John Jacques

published in Blogs

Mar 24, 2023

If Hedge Funds are Using AI to Invest, Why Shouldn’t You?

Some of the world’s biggest financial institutions have devoted multi-million dollar budgets to developing algorithms that can find patterns in the market, identify trends, and perform automated trading designed to take advantage of even the smallest price movements. The AI revolution is so big that as it stands today, the world’s five biggest hedge funds all use systems-based approaches to trade financial markets.Indeed, quantitative trading hedge funds now manage $918 billion (according to HFR), which amounts to 30% of the $3 trillion hedge fund industry – a percentage continues to grow with each year that passes.

Sergey Savastiouk

published in Blogs

Mar 15, 2023

The five most important Lessons Learned After 10,000 hours of Trading

Ten thousand hours of active trading, broken down into forty-hour weeks, amounts to almost five years. Having surpassed that milestone myself, I now understand why it's significant for any trader's journey. The early years taught me valuable lessons that have shaped my approach to trading. It's a misconception that great traders are born with innate talent. The truth is that it takes years of...

Edward Flores

published in Blogs

Mar 12, 2023

What's the Difference Between Tokens and Altcoins?

Between their inherently technical nature, multiple varieties and sub-varieties, and endless terminology, cryptocurrency (defined here as digital or virtual currencies that are encrypted using cryptography, powered by the immutable digital ledger known as the blockchain) represents a whole, complex world.All altcoins possess their own blockchain, independent from their source code, that records all transactions of their native coins. Many altcoins are variants, or forks, of Bitcoin that leverage that cryptocurrency’s open-source protocol as the basis.

Edward Flores

published in Blogs

Mar 26, 2023

Why it Pays to Invest in Dividend Stocks Over the Long Term

Where smaller, more volatile companies can placate shareholders with higher returns, larger companies often use dividend payouts to entice new investors and hold their existing ones. These low-risk options may not work for every investment approach, but dividend-producing stocks can offer great benefits under the right circumstances – especially for portfolios built for the long-term.Beyond the ability to rely on these semi-regular payouts as an income stream – a strategy favored by retirees – dividends are an excellent vehicle for compounding earnings through reinvestment.

Edward Flores

published in Blogs

Apr 02, 2023

How Artificial Intelligence Can Improve Fintech

Artificial intelligence (AI) and fintech have an inherent compatibility that has become clearer as each sector has matured, with recent growth and successes on their own accord bringing new ideas about how they can work together.AI can analyze information at far greater quantities (and far more quickly) than any human, making it a natural fit to help fintech firms streamline and automate processes that benefit customers and businesses alike. Fintech has brought a revolution of convenience to the finance world.