Equity Research

Independent, long-form equity research built with structured analysis and real filing data. Each company in the coverage universe has a dedicated folder containing the full investment thesis, financial analysis, competitive positioning, and quarterly earnings updates.

Coverage Universe

Ticker	Company	Recommendation	Fair Value	Report Date	Link
SU	Suncor Energy	HOLD	$56.00	2026-03-11	Full Report

Repository Structure

Coverage/
  Suncor/
    README.md                  <- Investment thesis and equity research report
    Business Overview.md       <- Company and segment analysis
    Industry Scan.md           <- Competitive landscape
    Financial Deep Dive.md     <- Multi-year financial trends
    Moat Analysis.md           <- Competitive advantages assessment
    Management Review.md       <- Leadership and governance evaluation
    Valuation Check.md         <- Multiples, scenarios, and fair value
    Bear Case.md               <- Counter-thesis and risk analysis
    Decision Log.md            <- Investment decision journal
    Earnings/                  <- Quarterly earnings updates
    filings/                   <- Source documents (10-K, 10-Q, transcripts, proxies)
    CLAUDE.md                  <- AI analyst rules for this company
  TICKER/                      <- Template folder (copy for new coverage)

Adding New Coverage

1. Copy the Coverage/TICKER/ template folder and rename it to the company ticker (e.g., AAPL)
2. Add filings to the filings/ subfolder: 10-K, 10-Q, earnings transcripts, proxy statements, investor presentations
3. Work through the analysis files in sequence: Business Overview, Industry Scan, Financial Deep Dive, Moat Analysis, Management Review, Valuation Check, Bear Case
4. Compile findings into the README.md as the final investment thesis
5. Add the company to the Coverage Universe table above

Quarterly Maintenance

After each earnings release, add the new filing to filings/ and create a quarterly update in the Earnings/ folder. Refresh the Valuation Check after significant price moves.

Research Standards

All analysis is sourced exclusively from company filings and public data. No fabricated numbers, no placeholder data, no training-data assumptions. Every metric is cited to its source document. See each company's CLAUDE.md for the full research discipline rules.