RE:RE:RE:Owning COS vs SUI don't use past performance as a path for future performance.
The two company's performance records will vary through commodity cycles because they are inherently different businesses.
What is the point of posting their performance side-by-side?
This is not the toyota camry versus the honda accord.
COS is a V6 coup and SU is a 4 cylinder sedan. I would rather own COS over SU for greater oil upside capture. Even more so now that Syncrude has forecast $37cdn/bbl operating costs for ungraded Synthetic Crude Oil.
If you don't want to own a pie slice of Syncrude, don't buy the shares. You want oil sands and downstream, buy SU. Pretty simple. The argument here is valuation. My opinion is that Suncor is attempting to take advantage of COS shareholders by making an unreasonably low offer at "peak fear" in effort to avoid a fair valuation using $70wti metrics.
And if we're myopics looking at the highs of 2008, COS would have been $275.
Not relevant.