Suncor Energy's Shares Up 15% Year to Date: Time to Buy or Hold?
Suncor(SU) ZACKS·2024-09-30 19:50
Suncor Energy Inc. (SU) demonstrated resilience in a volatile oil and energy market, with its share price increasing 15% year to date (YTD). This gain outperformed the broader oil and energy sector, which has risen 0.5% in the same time. Moreover, SU outpaced its peers in the Canadian Integrated Oil and Gas, including Cenovus Energy Inc. (CVE) and Veren Inc. (VRN) . YTD Price Comparison Image Source: Zacks Investment Research Founded in 1917, Alberta-based Suncor Energy is Canada's premier integrated energy ...