TSX:TECK.A - Post by User
Comment by
VOKBLVRon Dec 05, 2018 1:10pm
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Post# 29069651
RE:RE:QB2 Conference call.
RE:RE:QB2 Conference call.I doubt that Suncor and Teck are actually losing anywhere near the amount you are quoting as apparently Cenovus, Suncor, and a few others with pipeline access are not subject to the differential that is published. i would assume that $50.00 /bbl is not great but if your costs are less than $40/bbl you would still be cash positive. I suppose we will have to wait for 4th quarter results to see the proof one way or another.