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Stock impact report

A Dividend Stock I'd Buy Over Suncor Energy Right Now [Yahoo! Finance Canada]

Suncor Energy Inc. (SU) 
Last suncor energy inc. earnings: 2/5 07:15 pm Check Earnings Report
US:NYSE Investor Relations: suncor.com/investor-centre
Valued at a market cap of $68 billion, Suncor Energy TSX:SU ) is among the largest oil and gas companies in Canada. Suncor Energy is an integrated Canadian energy company operating across three segments: Oil Sands (producing and marketing bitumen and crude oil), Exploration and Production (offshore Canada operations and international assets), and Refining and Marketing (refining crude into petroleum products and retail sales). Suncor Energy is part of a cyclical sector, and its earnings are closely tied to oil prices. For instance, when oil prices plummeted in 2020, Suncor reported a net loss of $2.24 billion, or $1.47 per share. Comparatively, it reported a net income of $11.6 billion, or $8.32 per share, when prices rebounded in 2022. In 2025, Suncor is projected to pay shareholders an annual dividend of $2.28 per share, which translates to a forward yield of over 4%. These payouts have risen from $1.16 per share in 2016, significantly enhancing the yield at cost. However, the Show less Read more
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