Suncor: Moving My Buy Target Up To $55/Share On Post-Conflict Fundamentals

Suncor remains my largest holding, with a raised buy target of $55/share, reflecting a structurally tighter oil market outlook. SU benefits from ample reserves and operational efficiency, supporting sustained production growth and robust shareholder returns through buybacks and dividends. Global oil supply constraints, especially outside North America, and ongoing Middle East disruptions underpin a bullish long-term thesis for Suncor.