$37.03 -0.16 (-0.43%)
12/3/2009 4:02 PM

Suncor Energy, Inc. (USA) (SU)

CAPS Rating: 5 out of 5

An integrated energy company, which explore for acquire, develop, produce and market crude oil and natural gas, transport and refine crude oil and market petroleum and petrochemical products.

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Member Avatar BinaryChoice (< 20) Submitted: 3/5/2009 3:05:14 AM : Outperform Start Price: $20.19 SU Score: +23.09

Oil prices are low now and will remain so through the end of 2009 most likely, but with the rising demand in Asia and Africa and the decreasing production should drive up costs. Suncor has investments in Canadian oilsands which are currently the second largest oil reserves in the world.

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