Athabasca Oil Stock

Athabasca Oil P/E 2024

Athabasca Oil P/E

9.25

Ticker

ATH.TO

ISIN

CA04682R1073

WKN

A1JYFM

As of Jul 23, 2024, Athabasca Oil's P/E ratio was 9.25, a -127.89% change from the -33.17 P/E ratio recorded in the previous year.

The Athabasca Oil P/E history

Athabasca Oil Aktienanalyse

What does Athabasca Oil do?

Athabasca Oil Corp is a Canadian company based in Calgary, Alberta. The company specializes in the exploration, development, and production of conventional and unconventional oil and gas deposits in the province of Alberta. It is divided into two business segments: Oil Sands and Montney. The Oil Sands segment focuses on the development of Athabasca Light and Light Oil Sands in the Athabasca region of northeastern Alberta. The Montney unit is located in the northwest Alberta region and includes the development of Liquified Natural Gas (LNG) and Liquified Petroleum Gas (LPG) from the Montney Formation. The company also produces and sells a variety of products, including synthetic crude oil obtained from oil sands processing, as well as oil and natural gas from unconventional deposits. Through strategic alliances and partnerships with other companies, Athabasca Oil Corp has expanded significantly in recent years to become a leading producer of unconventional oil and gas in Alberta. The company is committed to sustainability, implementing environmentally friendly practices and technologies to reduce emissions and ecological footprint. Athabasca Oil Corp currently produces approximately 38,000 barrels of crude oil per day from its various licensed areas in Alberta. The company has partnered with PetroChina, Murphy Oil, Chevron, and others for large-scale oil sands projects. Overall, Athabasca Oil Corp is a leading independent Canadian producer of unconventional oil and gas, with a strong focus on sustainability and a commitment to further growth. Athabasca Oil ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Athabasca Oil's P/E Ratio

The Price to Earnings (P/E) Ratio of Athabasca Oil is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Athabasca Oil's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Athabasca Oil is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Athabasca Oil’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Athabasca Oil stock

What is the price-to-earnings ratio of Athabasca Oil?

The price-earnings ratio of Athabasca Oil is currently 9.25.

How has the price-earnings ratio of Athabasca Oil changed compared to last year?

The price-to-earnings ratio of Athabasca Oil has increased by -127.89% fallen (meaning "decreased" or "dropped") 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 Athabasca Oil high compared to other companies?

Yes, the price-to-earnings ratio of Athabasca Oil is high compared to other companies.

How does an increase in the price-earnings ratio of Athabasca Oil affect the company?

An increase in the price-earnings ratio of Athabasca Oil 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 Athabasca Oil affect the company?

A decrease in the price-earnings ratio of Athabasca Oil 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 Athabasca Oil?

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

How much dividend does Athabasca Oil pay?

Over the past 12 months, Athabasca Oil paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Athabasca Oil is expected to pay a dividend of 0 CAD.

What is the dividend yield of Athabasca Oil?

The current dividend yield of Athabasca Oil is .

When does Athabasca Oil pay dividends?

Athabasca Oil pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Athabasca Oil?

Athabasca Oil paid dividends every year for the past 0 years.

What is the dividend of Athabasca Oil?

For the upcoming 12 months, dividends amounting to 0 CAD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Athabasca Oil located?

Athabasca Oil is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Athabasca Oil kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Athabasca Oil from 7/23/2024 amounting to 0 CAD, you needed to have the stock in your portfolio before the ex-date on 7/23/2024.

When did Athabasca Oil pay the last dividend?

The last dividend was paid out on 7/23/2024.

What was the dividend of Athabasca Oil in the year 2023?

In the year 2023, Athabasca Oil distributed 0 CAD as dividends.

In which currency does Athabasca Oil pay out the dividend?

The dividends of Athabasca Oil 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.

Andere Kennzahlen von Athabasca Oil

Our stock analysis for Athabasca Oil 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 Athabasca Oil Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.