Suncor Energy YIC Company Overview The 4 Oil
- Slides: 10
Suncor Energy YIC
Company Overview • The # 4 Oil producer in Canada in terms of profits. • Suncor Energy Products Inc. markets transportation fuels and convenience products in Ontario and Quebec under the brand name Sunoco.
Company Overview (cont’d) • Suncor also operates a conventional crude oil and natural gas exploration subsidiary (done in Canada and the US) and an oil sands exploration company in Fort Mc. Murray Alta. • Sunoco's share of total refined product sales in Ontario is between 15% and 20%. • Suncor sells the oil mined from Alberta in Canada and the U. S.
Company Overview • Natural Gas products are also sold in Canada and the United States
Fundamental Analysis • • P/E Ratio: 15. 8 52 week High: $30. 00 52 week Low: $22. 00 Current Price : $26. 25 (January 23, 2003)
Fundamental Analysis • Revenues (in billions) 2001: 3, 995 2000: 3, 388 1999: 2, 387 • EPS (Earnings Per Share) 2001: $1. 63 2000: $1. 58 1999: $0. 74
Why Invest in this stock? • The current instability in the Middle East and in Venezuela where there is also an oil crisis means that oil prices should increase in the near term • Oil companies such as Sunoco should benefit from the increase in oil prices • Sunoco’s has also been a consistently strong financial performer that seen continuing increases in revenues and profits
Why Invest in this Stock? • Profits and Revenues have been steadily increasing over the past few years, showing the strong performance of the company.
