EOG vs SU: Correlation
EOG Resources (EOG) and Suncor Energy Inc. (SU) show a strong relationship: their 3-year correlation of weekly returns is 0.78.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EOG and SU?
Over the past 3 years, EOG and SU moved with a correlation of 0.78, which is strong. Recent behaviour matches the longer record: 0.78 over 1 year against 0.78 over 3. Over 5 years the correlation is 0.79, and the annualized covariance of weekly returns is 642.4 %².
Within EOG's tracked universe of 40 assets, SU comes in at #15 by 3-year correlation. The last year tells two different stories: SU led by 42.6 percentage points, +21.7% for EOG against +64.3% for SU.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
EOG vs SU: side by side
| EOG (EOG Resources) | SU (Suncor Energy Inc.) | |
|---|---|---|
| 1-year return | +21.7% | +64.3% |
| 5-year return | +171.5% | +325.4% |
| Volatility (ann.) | 28.1% | 29.1% |
| Beta vs S&P 500 | 0.14 | 0.13 |
| Max drawdown (3Y) | -23.7% | -22.7% |
| Market cap | $75.8B | $78.4B |
| P/E (trailing) | 11.3 | 12.1 |
| Dividend yield | 2.82% | 3.61% |
| Sector / category | Energy | US Listed |
Year-by-year returns
| Year | EOG | SU |
|---|---|---|
| 2022 | +56.9% | +32.3% |
| 2023 | -2.0% | +6.0% |
| 2024 | +4.3% | +16.2% |
| 2025 | -11.4% | +27.1% |
| 2026 | +41.0% | +51.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EOG and SU good diversifiers for each other?
Only partially. A correlation of 0.78 means EOG and SU share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between EOG and SU?
As of 2026-08-27, the correlation of weekly returns between EOG and SU is 0.78 over 3 years, 0.78 over 1 year and 0.79 over 5 years.
Is SU a good diversifier for EOG?
Only partially. A correlation of 0.78 means EOG and SU share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.78 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/eog-vs-su.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/eog-vs-su/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: EOG correlations · SU correlations
