|Bid||0.00 x 2200|
|Ask||28.23 x 3000|
|Day's range||27.42 - 28.43|
|52-week range||20.73 - 42.72|
|Beta (5Y monthly)||1.74|
|PE ratio (TTM)||5.85|
|Earnings date||25 Oct 2022 - 31 Oct 2022|
|Forward dividend & yield||1.43 (5.24%)|
|Ex-dividend date||01 Sept 2022|
|1y target est||40.60|
(Reuters) -TotalEnergies said on Wednesday it is looking to spin off its Canadian oil sands operations and list the new company on the Toronto Stock Exchange, as the assets do not fit with the French oil major's low-emissions strategy. At an investor presentation in New York, TotalEnergies said the proposal would be subject to a shareholder vote at its next annual general meeting in May 2023. The spin-off would include TotalEnergies' 24.58% stake in Suncor Energy's Fort Hills oil sands mining project in northern Alberta and its 50% stake in the ConocoPhillips-operated Surmont thermal project, as well as midstream and trading-related activities.
Suncor Energy (SU) closed at $27.02 in the latest trading session, marking a +1.39% move from the prior day.
Zacks.com users have recently been watching Suncor Energy (SU) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.