Suncor Energy Inc (SU): Today's Featured Energy Winner

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Suncor Energy ( SU) pushed the Energy industry higher today making it today's featured energy winner. The industry as a whole closed the day up 0.8%. By the end of trading, Suncor Energy rose 70 cents (2.1%) to $33.83 on heavy volume. Throughout the day, 6.2 million shares of Suncor Energy exchanged hands as compared to its average daily volume of 3.9 million shares. The stock ranged in a price between $33.43-$34 after having opened the day at $33.45 as compared to the previous trading day's close of $33.13. Other companies within the Energy industry that increased today were: Energy Services of America Corporation ( ESA), up 13.2%, Gastar Exploration ( GST), up 8%, Recovery Energy ( RECV), up 7.5%, and Andatee China Marine Fuel Services Corporat ( AMCF), up 7.4%.
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Suncor Energy Inc., together with its subsidiaries, operates as an integrated energy company. Suncor Energy has a market cap of $51.68 billion and is part of the basic materials sector. The company has a P/E ratio of 11.5, below the average energy industry P/E ratio of 11.9 and below the S&P 500 P/E ratio of 17.7. Shares are up 16% year to date as of the close of trading on Wednesday. Currently there are 11 analysts that rate Suncor Energy a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Suncor Energy as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, good cash flow from operations and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, GeoPetro Resources Company ( GPR), down 18%, Houston American Energy Corporation ( HUSA), down 8.1%, Apco Oil and Gas International ( APAGF), down 6.5%, and Magellan Petroleum Corporation ( MPET), down 5.9%, were all laggards within the energy industry with Ultra Petroleum Corporation ( UPL) being today's energy industry laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the energy industry could consider Energy Select Sector SPDR ( XLE) while those bearish on the energy industry could consider Proshares Short Oil & Gas ( DDG).

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