This is my view on COSyes production was low in 2014, yes price of oil is volatile, etc....
yes most analysts don't like COS for one reason or the other, they are looking for growth and strong management as if there is any in the oil sector...
Syncrude is blessed of having the best mining and oil sands reserve, no need to develop to maintain all these artificial numbers as Crescent Point and other oil company predict their growth (at the same time buying smaller companies for growth and diluting the number of shares).
Here in Canada we don't lay down to anybody, if production is low then management is addressing it specially with lower oil production, so I predict will go much higher in volume. Oil price always unkniown but who cares ince it can't go below certain number then all producers cut, cut and cut then the world scream for more oil and we go back to $120 again.
At $17.50 a share COS is just a bargain with 8% dividend. Even if it goes up to $24 that's 70% increase including the dividend. Where can you find such a no risk production with very low probability of going lower. I still believe we are going to see $30 a hare next year.