Suncor Energy Inc. T.SU

suncor take over?

[sunshine77]

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.

[Tommy123]

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[Praxis1]

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.

[Chris007]

How exactly would they do that? All the deals being done at present are stock-only transactions, asides from the CNQ/PONY transaction, since the size of the deal is pretty negligible, compared to the size of CNQ.  You obviously have no idea how capital markets work, if you think anyone can just go out and borrow as much as they want. Yes, interest rates are low. However, energy is still

[Oiljunkie]

The time is perfect for a big merger. CNQ and SU would really change the landscape. It would be dirty, to the tune of about 40% job losses. You would see a huge move from employee's to contractors.  The logistics of that size of a merger would be dizzying, but now is the time. I don't see IMO merging unless it was a sale by Exxon to liquidate cash for their own ventures. 

[Chris007]

Like I said previously, it would almost certainly have to be an all-stock transaction. No one player has the cash or has the balance sheet strength to buy another outright. The other poster's suggestion that they could just simply borrow that type of money in these current conditions is downright absurd. That being said, a Canadian supermajor, dominating the oil sands is an interesting

[Oiljunkie]

  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. 

[Chris007]

lol, "precision oilsand-ing"... I like that 

[shareswapper]

Don't think Suncor is interested in any large acquisitions or mergers.  They made that pretty clear on the call, they are looking to improve efficiency through innovation, reliability etc.  They upgrades thaey have just completed have provided enough scale to grow organically on their own.  I could however see some smaller acquisition in the mid stream or down stream.  They

[1condor]

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.

[Tommy123]

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