May. 8 at 3:11 PM
It's pretty wild how
$SU is up despite how many oil stocks are down. It's why I bought Suncor a little while ago. It was stable and going up over time while oil stocks were flat or declining. That pattern stood out to me, and then what their focus on. Especially since I want some exposure to energy.
Refining oil from sands, and they are involved in things like natural gas. They aren't solely tied to the Middle East like the Iran War. Obviously big swings in oil will impact their stock price, but outside of a random bad day like we saw this week, it's not very volatile.
This graphic showcasing YTD between SU and
$XOM and
$CVX shows the gap of gains and stability as the year has gone on.
