Suncor Energy Debt 2024

Suncor Energy Debt

13,678 CAD

Suncor Energy Dividend yield

3.93 %

Ticker

SU.TO

ISIN

CA8672241079

WKN

A0NJU2

In 2024, Suncor Energy's total debt was 13,678 CAD, a 0.29% change from the 13,639 CAD total debt recorded 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.

Debt Details

Understanding Suncor Energy's Debt Structure

Suncor Energy's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing Suncor Energy's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to Suncor Energy’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in Suncor Energy’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about Suncor Energy Stock

What is the debt of Suncor Energy this year?

Suncor Energy has a debt level of 13,678 CAD this year.

What was the debt of Suncor Energy compared to the previous year?

The debt of Suncor Energy has increased by 0.29% compared to the previous year increased.

What are the consequences of high debt for investors in Suncor Energy?

High debt can pose a risk for investors of Suncor Energy, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.

What are the consequences of low debt for investors of Suncor Energy?

Low debt means that Suncor Energy has a strong financial position and is able to fulfill its obligations without overburdening its finances.

How does an increase in debt from Suncor Energy affect the company?

An increase in debt of Suncor Energy can adversely affect the financial condition of the company and result in a higher burden on its finances.

How does a reduction of debt of Suncor Energy affect the company?

A reduction in debt of Suncor Energy can strengthen the company's financial position and improve its ability to meet its financial obligations.

What are some factors that influence the debt of Suncor Energy?

Some factors that can influence the debt of Suncor Energy include investments, acquisitions, operating costs, and revenue development.

Why are the debts of Suncor Energy so important for investors?

The debts of Suncor Energy are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.

What strategic measures can Suncor Energy take to change the debt?

To change the debt, Suncor Energy can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.

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 3.93 %. 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 3.93 %.

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 4.47 %.

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.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

The Suncor Energy stock can be added to a savings plan with the following providers: Trade Republic

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.