Suncor Energy Stock

Suncor Energy ROE 2024

Suncor Energy ROE

0.19

Ticker

SU.TO

ISIN

CA8672241079

WKN

A0NJU2

In 2024, Suncor Energy's return on equity (ROE) was 0.19, a -16.88% increase from the 0.23 ROE 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.

ROE Details

Decoding Suncor Energy's Return on Equity (ROE)

Suncor Energy's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Suncor Energy's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Suncor Energy's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Suncor Energy’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Suncor Energy stock

What is the ROE (Return on Equity) of Suncor Energy this year?

The ROE of Suncor Energy this year is 0.19 undefined.

How has the Return on Equity (ROE) of Suncor Energy developed compared to the previous year?

The ROE of Suncor Energy has increased by -16.88% decreased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Suncor Energy?

A high ROE indicates that Suncor Energy generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Suncor Energy?

A low ROE can indicate that Suncor Energy is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Suncor Energy affect the company?

A change in ROE (Return on Equity) of Suncor Energy can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Suncor Energy?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Suncor Energy?

Some factors that can influence Suncor Energy's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

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 4.23 %. 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 4.23 %.

When does Suncor Energy pay dividends?

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

How secure is the dividend of Suncor Energy?

Suncor Energy paid dividends every year for the past 25 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 4.81 %.

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 12/24/2024 amounting to 0.57 CAD, you needed to have the stock in your portfolio before the ex-date on 12/3/2024.

When did Suncor Energy pay the last dividend?

The last dividend was paid out on 12/24/2024.

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.