Is Suncor Energy (SU) Stock Outpacing Its Oils-Energy Peers This Year?

The Oils-Energy group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Suncor Energy (SU) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Oils-Energy peers, we might be able to answer that question.Suncor Energy is a member of the Oils-Energy sector. This group includes 245 individual stocks and currently holds a Zacks Sector Rank of #13. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Suncor Energy is currently sporting a Zacks Rank of #2 (Buy).Over the past 90 days, the Zacks Consensus Estimate for SU's full-year earnings has moved 9.9% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.Based on the latest available data, SU has gained about 7.4% so far this year. Meanwhile, the Oils-Energy sector has returned an average of 3.7% on a year-to-date basis. This means that Suncor Energy is performing better than its sector in terms of year-to-date returns.Valero Energy (VLO) is another Oils-Energy stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 30.7%.Over the past three months, Valero Energy's consensus EPS estimate for the current year has increased 34.9%. The stock currently has a Zacks Rank #2 (Buy).To break things down more, Suncor Energy belongs to the Oil and Gas - Integrated - Canadian industry, a group that includes 4 individual companies and currently sits at #21 in the Zacks Industry Rank. This group has gained an average of 9% so far this year, so SU is slightly underperforming its industry in this area. On the other hand, Valero Energy belongs to the Oil and Gas - Refining and Marketing industry. This 15-stock industry is currently ranked #27. The industry has moved +15% year to date.Going forward, investors interested in Oils-Energy stocks should continue to pay close attention to Suncor Energy and Valero Energy as they could maintain their solid performance.5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the favorite stock to gain +100% or more in the months ahead. They includeStock #1: A Disruptive Force with Notable Growth and ResilienceStock #2: Bullish Signs Signaling to Buy the DipStock #3: One of the Most Compelling Investments in the MarketStock #4: Leader In a Red-Hot Industry Poised for GrowthStock #5: Modern Omni-Channel Platform Coiled to SpringMost of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. While not all picks can be winners, previous recommendations have soared +171%, +209% and +232%.Download Atomic Opportunity: Nuclear Energy's Comeback free today.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Suncor Energy Inc. (SU): Free Stock Analysis Report Valero Energy Corporation (VLO): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks