I have traded in Suncor Energy Stock for a few years. It is a great company with a solid management team, that operates under three sections. These are:
- oil sands
- exploration and production
- refining and marketing
The company has a book value of $27.86 a share, profits of $2.07 a share, cash flow of $6.63 a share and revenue of $41.6 billion. It pays a dividend of $1.12 which yields 2.98%. The payout ratio is 45.19% so I doubt the dividend is in jeopardy even with the decline in oil prices. Debt to capital is just 22.12%.
Suncor Energy trades at 18.1 times price to earnings and perhaps more important, 1.3 times price to sales and 5.5 times price to cash flow.
Suncor Energy Stock Chart 2014
In 2014 if an investor has been keen to trade the stock, he could have earned 28.8% from January to June just by holding it. But if he had bought the stock in January and then held it into December he would have been up just 2.3%. This is why I prefer my methods of investing. While last year I would not have earned 28.8%, my strategies would have come close at 23.65% but the difference would have been that by year-end, I would have pocketed 23.65% in actual new capital and be left without holding any positions in Suncor Energy Stock and no concerns about what the stock might do next.
Color Code System For Timing Trades
Suncor Stock entered my online Canadian Portfolio last year. The returns were exceptional and I closed 2014 with no capital tied to any shares …. read more.
The rest of this strategy article is for FullyInformed Canada Members. This strategy article is 7 pages in length if printed, and 2500 words.
Suncor Stock – Color Code System
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