Suncor Energy ROCE 2024

Suncor Energy ROCE

0.2

Suncor Energy Dividend yield

4.03 %

Ticker

SU.TO

ISIN

CA8672241079

WKN

A0NJU2

In 2024, Suncor Energy's return on capital employed (ROCE) was 0.2, a -43.31% increase from the 0.35 ROCE in the previous year.

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.

ROCE Details

Unraveling Suncor Energy's Return on Capital Employed (ROCE)

Suncor Energy's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Suncor Energy's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Suncor Energy's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Suncor Energy’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Suncor Energy Stock

What is the ROCE (Return on Capital Employed) of Suncor Energy this year?

The ROCE of Suncor Energy is 0.2 undefined this year.

How has the ROCE (Return on Capital Employed) of Suncor Energy developed compared to the previous year?

The ROCE of Suncor Energy has increased by -43.31% decreased compared to the previous year.

What does a high ROCE (Return on Capital Employed) mean for investors of Suncor Energy?

A high Return on Capital Employed (ROCE) indicates that Suncor Energy has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.

What does a low ROCE (Return on Capital Employed) mean for investors of Suncor Energy?

A low ROCE (Return on Capital Employed) can indicate that Suncor Energy has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.

How does an increase in ROCE from Suncor Energy impact the company?

An increase in the ROCE of Suncor Energy can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.

How does a reduction in the ROCE of Suncor Energy affect the company?

A decrease in ROCE of Suncor Energy can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.

What are some factors that can influence the ROCE of Suncor Energy?

Some factors that can affect Suncor Energy's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.

Why is the ROCE of Suncor Energy so important for investors?

The ROCE of Suncor Energy is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.

What strategic measures can Suncor Energy take to improve the ROCE?

To improve the ROCE, Suncor Energy can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.

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 4.03 %. 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 4.03 %.

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 4.59 %.

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.