Who is the owner of Syncrude?
The Syncrude joint venture owners are Suncor (58.74%), Imperial Oil Resources Limited (25.0%), Sinopec Oil Sands Partnership (9.03%) and CNOOC Oil Sands Canada (7.23%).
What percentage of Syncrude is owned by Suncor?
Since 2016, Suncor has grown its ownership from 12% to 58.74% through acquisitions. The Syncrude joint venture owners are Suncor (58.74%), Imperial Oil Resources Limited (25.0%), Sinopec Oil Sands Partnership (9.03%) and CNOOC Oil Sands Canada (7.23%).
When did Syncrude start producing crude oil?
Production started in Aurora in July 2001. Syncrude's production increased to 90 million barrels (14,000,000 m 3) per year by the end of 2001. Total cost for this stage was $1 billion. A third stage of expansion was undertaken between 2001 and 2006, in which a second train at the Aurora line came online and the Mildred Lake upgrader was expanded.
How long will syncrude's production capacity last?
Including fully realized prospective reserves, current production capacity could be sustained for well over 90 years. The company is a joint venture between five partners. As a result, Syncrude is not traded directly, but rather through the individual owners.
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Is Suncor a buy or sell?
Suncor Energy has received a consensus rating of Buy. The company's average rating score is 2.61, and is based on 12 buy ratings, 5 hold ratings, and 1 sell rating.
Is Suncor a good investment?
Suncor stock's performance on the stock market has not been great due to several factors. However, its valuation appears to be attractive, and the outlook for the oil and gas industry remains strong. Its lower share prices have also inflated its dividend yield to 4.73%.
Does Suncor pay a dividend?
A: Yes. Suncor pays a quarterly dividend to common shareholders.
Will Suncor stock go up?
The 19 analysts offering 12-month price forecasts for Suncor Energy Inc have a median target of 44.00, with a high estimate of 50.50 and a low estimate of 31.99. The median estimate represents a +42.76% increase from the last price of 30.82.
What is the target price for Suncor Energy?
Stock Price Target SUHigh$50.50Median$44.00Low$31.99Average$43.94Current Price$30.82
Is Enbridge a good buy?
There's no question Enbridge is an excellent stock and one of the best companies you can buy for your portfolio. What's so attractive about Enbridge is that even if the energy industry weren't seeing significant tailwinds like it is today, it would still be an excellent investment and a stock you can count on.
What is the best Canadian dividend stock?
Top Canadian Dividend StocksNameTickerForward Dividend Yield %Enbridge IncENB6.33%Great-West Lifeco IncGWO6.26%AGF Management LtdAGF.B6.14%Manulife Financial CorpMFC5.96%6 more rows•Jul 11, 2022
How many times a year does Suncor pay dividends?
Suncor Energy pays a dividend 4 times a year. Payment months are March, June, September, December. The dividend calendar shows you for more than 1,000 dividend stocks in which month which company distributes its dividends.
When did Suncor get bought out?
The merger with Canada's 11th largest company was completed on August 1, 2009 in a $21 billion deal to form the second-largest company in Canada (after Royal Bank of Canada) in terms of market capitalization.
Is Suncor stock undervalued?
Suncor Energy (TSX:SU)(NYSE:SU) stock has been a relative underperformer that could have most room to run as oil stays above US$100.
Why did Suncor stock go up?
Suncor raised the dividend by 100% late last year to bring the distribution back to the 2019 level, and the board just announced another 12% increase to fully recover and exceed the previous cuts. Investors are starting to return to the stock, as more dividend growth is anticipated.
Is tourmaline oil a good buy?
Tourmaline Oil has received a consensus rating of Buy. The company's average rating score is 3.09, and is based on 10 buy ratings, no hold ratings, and no sell ratings.
Is SU a good long term investment?
The financial health and growth prospects of SU, demonstrate its potential to outperform the market. It currently has a Growth Score of A. Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of B.
Who is the largest shareholder of Suncor?
Top 10 Owners of Suncor Energy IncStockholderStakeShares ownedThe Vanguard Group, Inc.2.32%32,769,741Fidelity Investments Canada ULC1.90%26,867,934Mackenzie Financial Corp.1.79%25,270,442RBC Dominion Securities, Inc. (In...1.71%24,192,1066 more rows
Is ENB a buy or sell?
Enbridge Inc - Sell Its Value Score of C indicates it would be a neutral pick for value investors. The financial health and growth prospects of ENB, demonstrate its potential to perform inline with the market. It currently has a Growth Score of B.
What does Suncor Energy do?
Suncor. At Suncor, we extract, produce and provide energy from a mix of sources, ranging from oil sands to wind and renewable fuels. We're a globally competitive integrated energy company with a global team of over 30,000 people.
Who are some of Canadian Oil Sands' key competitors?
Some companies that are related to Canadian Oil Sands include (AURR.L) (AURR) , (BAV.L) (BAV) , (BVII) (BVII) , (CBNR) (CBNR) , (DGTC) (DGTC)...
What other stocks do shareholders of Canadian Oil Sands own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Canadian Oil Sands investors own include (COSWF) , Trans...
What is Canadian Oil Sands' stock symbol?
Canadian Oil Sands trades on the Toronto Stock Exchange (TSX) under the ticker symbol "COS."
How do I buy shares of Canadian Oil Sands?
Shares of COS and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian...
How many employees does Canadian Oil Sands have?
Canadian Oil Sands employs 147,000 workers across the globe.
How can I contact Canadian Oil Sands?
Canadian Oil Sands' mailing address is First Canadian Tower, 2000-350 7 Ave SW, CALGARY, AB T2P 3N9, Canada . The official website for Canadian Oi...
0.0 Analyst's Opinion
Canadian Oil Sands has received 116 “outperform” votes. (Add your “outperform” vote.)
What other stocks do shareholders of Canadian Oil Sands own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Canadian Oil Sands investors own include (COSWF), TransEnterix (TRXC), Crescent Point Energy (CPG), Canadian Western Bank (CWB), Husky Energy Inc.
What is Canadian Oil Sands' stock symbol?
Canadian Oil Sands trades on the Toronto Stock Exchange (TSX) under the ticker symbol "COS."
How do I buy shares of Canadian Oil Sands?
Shares of COS and other Canadian stocks can be purchased through an online brokerage account.
Where are Canadian Oil Sands' headquarters?
Canadian Oil Sands is headquartered at First Canadian Tower, 2000-350 7 Ave SW, CALGARY, AB T2P 3N9, Canada.
Where is Syncrude located?
It is located just outside Fort McMurray in the Athabasca Oil Sands, and has a nameplate capacity of 350,000 barrels per day (56,000 m 3 /d) of oil, equivalent to about 13% of Canada's consumption. It has approximately 5.1 billion barrels (810,000,000 m 3) of proven and probable reserves (11.9 billion when including contingent and prospective resources) situated on 8 leases over 3 contiguous sites. Including fully realized prospective reserves, current production capacity could be sustained for well over 90 years.
Why did Greenpeace choose Syncrude?
Greenpeace chose the Syncrude site for the protest because in April 2008, 1600 migrating ducks died after landing on a tailings pond at the site (Syncrude was fined $3 million.)
What is Syncrude's role in COSIA?
One of the major challenges facing COSIA is the treatment of oil sands tailings pond water. "Tailings are the sand, silt, clay and water found naturally in oil sands that remain following the mining and bitumen extraction process." The problem stems from the hot water process used by Suncor and Syncrude to extract bitumen from the Athabasca Oil Sands which produce large quantities of tailings pond sludge which remains stable for decades. By 1990 it was considered to be the "imminent environmental constraint to future use of the hot water process." Syncrude also contributes to the industry-funded Joint Oil sands Monitoring Program which was created in 2012 and managed by the federal and Alberta governments. According to a 2013 article published in Environmental Science: Processes & Impacts, the tailings ponds contain toxic chemicals such as " naphthenic acids (NAs) and process chemicals (e.g., alkyl sulphates, quaternary ammonium compounds, and alkylphenol ethoxylates )." The study used the computer program (CXTFIT) to evaluate the transport behaviour of these contaminants through the foundation as well as underground. The chemicals seep "through the foundation of the tailings pond to the subsurface, potentially affecting the quality of groundwater ."
How tall is the smokestack at Syncrude?
A 183 m (600 ft) smokestack is located at the facility which is the second tallest in western Canada. In April 2016, Suncor announced that they had reached a $937-million deal to acquire Murphy Oil Corp.'s five per cent stake in the Syncrude project north of Fort McMurray, Alta.
Why did Syncrude sue Greenpeace?
Company spokesperson Mark Kruger said the company filed the lawsuit—which also names the activists individually—largely because of safety concerns as the activists were "unfamiliar with an industrial operation, and unfamiliar with some of the safety hazards that can be present... We just want to ensure that, in the future, nobody is putting themselves at unnecessary risk."
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