Suncor Energy Inc. (TSX:SU)(NYSE:SU), one of world's largest integrated energy companies, announced second-quarter earnings results after the market closed on July 29, and its stock has responded by rising over 3%.
This won't happen anytime soon though, so when choosing oil stocks you must pick companies that can last a long time. Two companies that come to mind are Suncor Energy Inc. (TSX:SU)(NYSE:SU) and Crescent Point Energy Corp. (TSX:CPG)(NYSE:CPG) ...
Suncor Energy Inc. is actively pursuing plans to add a coker unit to its Montreal refinery, which would allow it to process oil sands bitumen, and will make a decision next year, chief executive officer Steve Williams said Wednesday.
Shares of Suncor Energy Inc. (NYSE:SU) rose by 11.04% in the past week and 1.99% for the last 4 weeks. In the past week, the shares have outperformed the S&P 500 by 9.76% and the outperformance increases to 0.68% for the last 4 weeks.