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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Suncor is an excellent long term investment. However, recently the stock has gotten way ahead of itself. SU has great asset reserves but is a high cost operator. They need high oil prices to remain competitive. Any short term run up in oil (now $63) will help them, yet any test of the recent lows ($50) will hit them harder than their peers. Great stock but poor time to buy it.