Suncor Energy (NYSE: SU) is a vertically-integrated oil company located in Canada. Unlike its vertically-integrated brethren in the United States, this Canadian stock is up more than 40% this year. By comparison, Exxon Mobil (NYSE: XOM) is down 13%, and ConocoPhillips (NYSE: COP) is down more than 20%.

The reason for the big difference in performance is the weakness in the dollar. That makes Canadian-based Suncor more valuable to investors.

Continue reading Oil stock #2: Suncor Energy (SU)

Oil stock #2: Suncor Energy (SU) originally appeared on BloggingStocks on Sat, 27 Jun 2009 13:00:00 EST. Please see our terms for use of feeds.