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Suncor Energy P/S 2024

Suncor Energy P/S

1.35

Suncor Energy Dividend yield

3.91 %

Ticker

SU.TO

ISIN

CA8672241079

WKN

A0NJU2

As of Apr 26, 2024, Suncor Energy's P/S ratio stood at 1.35, a 31.07% change from the 1.03 P/S ratio recorded in the previous year.

The Suncor Energy P/S history

Suncor Energy Aktienanalyse

What does Suncor Energy do?

Suncor Energy Inc. is a Canadian company specializing in the production, processing, and marketing of oil and gas products. It was founded in 1919 as Sun Company of Canada and is based in Calgary, Alberta. Throughout its history, Suncor has undergone various changes and acquisitions. Originally, it was a gas station operator and a key member of the Standard Oil Company. In the 1940s, Suncor began refinery production and expanded into oil sands mining in northern Alberta in the 1950s. In the 1980s, the company was acquired by Petro-Canada and changed its name. However, after being taken over by Suncor in 2009, it returned to its original name. Suncor's business model includes the production of oil and gas from conventional and unconventional sources, as well as the processing of these resources into various end products such as gasoline, diesel, and lubricants. The company also operates a number of refineries and pipelines in Canada and the United States. One of Suncor's main divisions is its oil sands mining operations in northern Alberta. The company operates the world's largest oil sands mine and currently produces around 400,000 barrels of oil per day. However, oil sands mining is controversial due to its high environmental impact. Nevertheless, Suncor has made significant efforts in recent years to reduce its environmental footprint and promote more sustainable business practices. Suncor also operates a number of refineries in Canada and the United States, which are responsible for processing crude oil into various end products. Suncor's refineries are strategically located, allowing the company to deliver its products to different regions of North America. Another important division of Suncor is its marketing and distribution of oil and gas products. The company operates a large number of retail gas stations and also supplies a range of large customers, including the aviation and shipping industries. Some of Suncor's well-known products include the Petro-Canada and Sunoco gasoline and diesel brands. However, the company also produces a variety of lubricants, greases, and other oil and gas products for use in the industry and automotive sector. Overall, Suncor Energy Inc. is one of Canada's major energy companies and a key player in the North American energy sector. Despite facing challenges in recent years, including low oil prices and environmental concerns, it has proven to be resilient and adaptable, and is well-positioned for future success. Suncor Energy ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Suncor Energy's P/S Ratio

Suncor Energy's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing Suncor Energy's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating Suncor Energy's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in Suncor Energy’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about Suncor Energy Stock

What is the price-to-earnings ratio of Suncor Energy?

The price-earnings ratio of Suncor Energy is currently 1.35.

How has the price-earnings ratio of Suncor Energy changed compared to last year?

The price-to-earnings ratio of Suncor Energy has increased by 31.07% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Suncor Energy high compared to other companies?

Yes, the price-to-earnings ratio of Suncor Energy is high compared to other companies.

How does an increase in the price-earnings ratio of Suncor Energy affect the company?

An increase in the price-earnings ratio of Suncor Energy would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Suncor Energy affect the company?

A decrease in the price-earnings ratio of Suncor Energy would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Suncor Energy?

Some factors that influence the price-earnings ratio of Suncor Energy are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Suncor Energy pay?

Over the past 12 months, Suncor Energy paid a dividend of 2.11 CAD . This corresponds to a dividend yield of about 3.91 %. For the coming 12 months, Suncor Energy is expected to pay a dividend of 2.39 CAD.

What is the dividend yield of Suncor Energy?

The current dividend yield of Suncor Energy is 3.91 %.

When does Suncor Energy pay dividends?

Suncor Energy pays a quarterly dividend. This is distributed in the months of July, September, December, April.

How secure is the dividend of Suncor Energy?

Suncor Energy paid dividends every year for the past 23 years.

What is the dividend of Suncor Energy?

For the upcoming 12 months, dividends amounting to 2.39 CAD are expected. This corresponds to a dividend yield of 4.44 %.

In which sector is Suncor Energy located?

Suncor Energy is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Suncor Energy kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Suncor Energy from 3/25/2024 amounting to 0.545 CAD, you needed to have the stock in your portfolio before the ex-date on 3/1/2024.

When did Suncor Energy pay the last dividend?

The last dividend was paid out on 3/25/2024.

What was the dividend of Suncor Energy in the year 2023?

In the year 2023, Suncor Energy distributed 1.88 CAD as dividends.

In which currency does Suncor Energy pay out the dividend?

The dividends of Suncor Energy are distributed in CAD.

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Andere Kennzahlen von Suncor Energy

Our stock analysis for Suncor Energy Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Suncor Energy Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.