Suncor & Enbridge: Most Active TSX stocks

3 min read | March 03, 2021 07:40 AM EST | By Anuj

Suncor & Enbridge: Most Active TSX stocks

Suncor Energy Inc. (TSX: SU)

The energy stock has a 30-day average trading volume of 12.65 million. It has returned more than 22 per cent year-to-date (YTD) and has a price-to-cashflow ratio of 14.40.

Suncor stocks surged by 22.30 per cent in three months, outperforming the energy sector that declined by 2 per cent.

It closed at C$ 26.11 on Tuesday, up 86.23 per cent from its 52-week low of C$ 14.02. However, it is still down by over 30 per cent from its 52-week high of C$ 37.40.

The blue-chip stock offers a dividend yield of 3.217 per cent and distributes a quarterly dividend of C$ 0.21 apiece.

The company also announced offerings of senior unsecured US & Canadian notes worth US$ 750 million and C$ 500 million, respectively. These notes are due on March 4, 2051. These offerings are likely to close tomorrow.

Suncor registered an operating loss of C$0.09 per common share in the fourth quarter of 2020, up from a loss of C$0.20 per common share in the third quarter of 2020.

Enbridge Inc. (TSX: ENB)

Shares of this giant energy firm are actively marching with a 30-day average volume of 12.65 million.

It is up nearly 8.70 per cent YTD. The earnings per share is C$ 1.48 per cent.

The holds a gross dividend yield of 7.548 per cent and provides a quarterly dividend of C$ 0.835 per share.

The scrips closed at C$ 44.25 on Tuesday, up approximately 34 per cent from its pandemic led 52-week low of C$ 33.06. Though, the stock plunged by more than 15 per cent from its 52-week high of C$ 52.23 per common share.

In the fourth quarter of 2020, the C$ 89 billion market cap company posted adjusted earnings of C$ 1,132 million compared to 1,228 million in the fourth quarter of 2019.

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