Post by
sunshine77 on Oct 30, 2020 4:13pm
suncor take over?
Maybe CNQ and IMO can partner up and take out SU at $20.00 a share and put it out of its misery.There are a lot of smaller oils that can be taken out as well CPG, ARX, BTE, CVE, ERF.... and so on.
crazy things are going on in this world why not this. After all didn't the Finance minister say that rates are going to stay low for along time, so go ahead borrow as much as you want. CNQ and IMO together would be able to secure billios need for these transactions.
Comment by
Tommy123 on Oct 30, 2020 10:16pm
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Comment by
Praxis1 on Oct 31, 2020 6:10pm
Why take it over? Wouldn't a merger be better? Cheaper and easier to do IF both sides agree and great for shareholders of BOTH companies.
Comment by
Oiljunkie on Nov 01, 2020 12:55pm
I think there will be a huge shift to modular plants, away from stick built. even without further mergers, the Canadian side of things from a workforce stand point is going to be leaned out. Take what Hunter Harrison did at CP, and implement that idea throughout our industry.
Comment by
Chris007 on Nov 01, 2020 1:10pm
lol, "precision oilsand-ing"... I like that
Comment by
1condor on Nov 01, 2020 6:20pm
For years I have been a champion of consolidation in this sector. It is happening...at such a slow pace...but no doubt the environment right now should help.
Comment by
Tommy123 on Nov 01, 2020 7:09pm
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