Cordy Oilfield Services P/E 2024

Cordy Oilfield Services P/E

48.4

Cordy Oilfield Services Dividend yield

Ticker

CKK.V

ISIN

CA21868A1049

WKN

A0F61W

As of May 19, 2024, Cordy Oilfield Services's P/E ratio was 48.4, a -835.56% change from the -6.58 P/E ratio recorded in the previous year.

The Cordy Oilfield Services P/E history

Cordy Oilfield Services Aktienanalyse

What does Cordy Oilfield Services do?

Cordy Oilfield Services Inc. is a diversified company specializing in providing services to the oil and gas industry. The company was founded in Calgary, Canada in 1951 and has since had a long history in the industry. Cordy Oilfield Services' business model is based on providing complex solutions for the oil and gas industry in North America. The company is fully integrated and offers a wide range of services for the entire production cycle, including exploration, development, production, and disposal. Cordy Oilfield Services' services also include facility maintenance, repairs, testing, and commissioning of new facilities. The company has a wide portfolio of business segments tailored to the needs of the oil and gas industry. It is divided into seven main business areas, ranging from well logging to mud treatment. A key business area of Cordy Oilfield Services is well logging. The company offers a range of services such as electric transmission well logging, gas consumption measurement, and resistivity testing to help customers find the most effective drilling positions. Another important business area of Cordy Oilfield Services is surface technology. The company provides a variety of services that contribute to the maintenance and improvement of oil and gas facilities. These services include corrosion protection, pipeline maintenance, equipment inspection, and repairs. Cordy Oilfield Services also offers a comprehensive range of products specifically designed for the oil and gas industry. These products range from technical equipment such as gas sensors to chemical products such as drilling mud additives and electromechanical robot arms that can be used for pipeline and tank inspection. The company also has a strong focus on sustainability and pursues an environmentally friendly strategy for the oil and gas industry. Cordy Oilfield Services works closely with its customers to ensure that their facilities are operated efficiently and environmentally responsibly. Overall, Cordy Oilfield Services is a leading company offering a wide range of services to the oil and gas industry. With its extensive industry experience, comprehensive business areas, and focus on sustainability, the company is well positioned to provide its customers with excellent service. Cordy Oilfield Services ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Cordy Oilfield Services's P/E Ratio

The Price to Earnings (P/E) Ratio of Cordy Oilfield Services 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 Cordy Oilfield Services'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 Cordy Oilfield Services 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 Cordy Oilfield Services’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 Cordy Oilfield Services Stock

What is the price-to-earnings ratio of Cordy Oilfield Services?

The price-earnings ratio of Cordy Oilfield Services is currently 48.4.

How has the price-earnings ratio of Cordy Oilfield Services changed compared to last year?

The price-to-earnings ratio of Cordy Oilfield Services has increased by -835.56% 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 Cordy Oilfield Services high compared to other companies?

Yes, the price-to-earnings ratio of Cordy Oilfield Services is high compared to other companies.

How does an increase in the price-earnings ratio of Cordy Oilfield Services affect the company?

An increase in the price-earnings ratio of Cordy Oilfield Services 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 Cordy Oilfield Services affect the company?

A decrease in the price-earnings ratio of Cordy Oilfield Services 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 Cordy Oilfield Services?

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

How much dividend does Cordy Oilfield Services pay?

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

What is the dividend yield of Cordy Oilfield Services?

The current dividend yield of Cordy Oilfield Services is .

When does Cordy Oilfield Services pay dividends?

Cordy Oilfield Services pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Cordy Oilfield Services?

Cordy Oilfield Services paid dividends every year for the past 0 years.

What is the dividend of Cordy Oilfield Services?

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

In which sector is Cordy Oilfield Services located?

Cordy Oilfield Services is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Cordy Oilfield Services kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Cordy Oilfield Services from 5/19/2024 amounting to 0 CAD, you needed to have the stock in your portfolio before the ex-date on 5/19/2024.

When did Cordy Oilfield Services pay the last dividend?

The last dividend was paid out on 5/19/2024.

What was the dividend of Cordy Oilfield Services in the year 2023?

In the year 2023, Cordy Oilfield Services distributed 0 CAD as dividends.

In which currency does Cordy Oilfield Services pay out the dividend?

The dividends of Cordy Oilfield Services 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 Cordy Oilfield Services

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