Tags » Canadian Oil Sands

BMO Warns Oilsands Must Cut Costs

Canadian heavy oil prices fell below US$30 for the first time in more than six years as Bank of Montreal warned that oilsands producers must cut costs. 585 more words

Energy

Dividend cuts predicted as oilpatch begins Q4 reporting

Fourth-quarter reporting season in the Calgary oilpatch is expected to begin with an attack on investors’ wallets next Thursday.

At least three financial analysts are predicting Canadian Oil Sands Ltd., the largest investor in the Syncrude Canada oilsands consortium and the first large capitalization energy company out of the gate, will “substantially” chop its dividend or possibly eliminate it altogether as deeply discounted oil prices chip away at its predicted cash flow. 673 more words

Energy

Can Canadian Oil Sands Survive Falling Prices?

Photographer: Ben Nelms/Bloomberg

A machine works at the Suncor Energy Inc. mine in this aerial photograph taken above the Athabasca Oil Sands near Fort McMurray, Alberta, Canada. 747 more words

Energy

Obama's Interview on Colbert; Leaves Little Doubt re. Canada's Oil Sands

Alexander Panetta, The Canadian Press December 9th 2014, The Star.com

WASHINGTON—In the Monday night episode of “The Colbert Report,” the joke was on Canada’s oil industry. 479 more words

News

Canada Heavy Oil Nearing $40 Threatens New Oil Sands Projects : Bloomberg

Canadian heavy crude fell to near $40 a barrel, threatening projects under construction as producers boosted output and space on a pipeline was rationed.

Imperial Oil Ltd. 365 more words

Energy

Canadian Oil Sector Dividends Threatened at $70 Crude - Bloomberg / Sprott

Canadian oil producers’ ability to lure investors with generous dividends is being tested as cash flow is squeezed by crude trading near five-year lows.

Companies will have to choose between reducing capital spending or payments to shareholders, said Sprott Asset Management LP’s Eric Nuttall. 712 more words

Oil

Enbridge: Potential Home Run Despite Short-Term Metrics

By: Shawn Arshad @ Seeking Alpha

 Published: Jan. 24, 2014 4:04 PM ET

The Oil & Gas Midstream Industry has grown over 25% on total returns in the past five years. 366 more words

Shawn Arshad