Tags » Imperial Oil Ltd

Defiant oilsands industry adds Keystone XL rejection to list of woes

The oilsands has 99 problems, and Keystone XL is just one of them.

Long before U.S. President Barack Obama announced Friday his widely expected rejection of TransCanada Corp.’s controversial Alberta-to-Nebraska proposal, investors had already baked in the verdict. 826 more words


Imperial cuts $1.1B in costs without layoffs, reports lower profit

Imperial Oil Ltd. reported on Friday $1.1 billion in cost savings so far this year but a spokeswoman says it has done it without the layoffs many other senior Calgary oil companies have enacted. 343 more words


Sionna's Kim Shannon unveils the case for Imperial Oil, one clue at a time

There is a fair chance that Imperial Oil, which reported its third quarter financials Friday, is etched in the mind of Kim Shannon, founder and chief investment officer at Sionna Investment Managers. 507 more words

FP Street

Canadian Oil Sands bid a 'tremendous deal' for Suncor, says ex-Syncrude CEO

Suncor Energy Inc. will be getting a “tremendous deal” if it succeeds in its hostile takeover of Canadian Oil Sands Ltd., says a former chief executive of Syncrude Canada Ltd. 539 more words


'Abysmal' Q3 results expected as oil price weakness pounds Calgary firms

Poor oil prices and mixed refinery margins will translate into overall “abysmal” third-quarter financial results for besieged Calgary-based oil and gas companies as reporting season starts next week, an analyst reports. 712 more words


Suncor expects Canadian Oil Sands bid rejection as first reaction

Suncor Energy chief executive Steve Williams expects Canadian Oil Sands Ltd. to reject its $4.3-billion hostile takeover, while Canada’s largest oil producer strives to convince shareholders of the merits of the deal. 409 more words


Ewart: Suncor doubles down on oilsands with hostile bid for Canadian Oil Sands

In the wake of an unsolicited takeover bid from Suncor Energy, Canadian Oil Sands could use a white knight.

What it could use is a company like its former self — Canadian Oil Sands Trust — which came to the rescue of Canada Southern Petroleum back in 2006 by trumping a hostile takeover attempt by Petro-Canada. 734 more words