Post by
Oasisjunior on Oct 19, 2020 1:09pm
Rumors or Fact?????
The rumors are that Suncor is going to make a bid to buy out the West White Rose project. If so what do you think will happen to the stock, Both Suncor's and Husky?????
Comment by
pablo87 on Oct 19, 2020 10:54pm
Husky Atlantic division: Capex: 916M in 2018, 906M in 2019, original plan for 2020 was ~$1.2B. Field profit in 2019 ~$150M. Rest of upstream generated $2.8B field profit in 2019 against $1.4B of capex. Husky market cap to book value: 0.28 (book value slashed by almost half in less than 2 years) CNRL: 0.9 Cenovus: 0.45 Suncor: 0.65
Comment by
Eigen337 on Oct 20, 2020 2:50pm
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Comment by
AvInvestor on Oct 21, 2020 11:12am
Does SU have the cash to make all of these acquisitions? Why would they engage in the white rose project, which is beyond their model? I agree that the natural decision would be to purchase either Teck’s or TOT’s stake in fort hills at a discount, depending on the terms of the JV agreement of course.
Comment by
Leopold on Oct 21, 2020 11:26am
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Comment by
Eigen337 on Oct 21, 2020 12:05pm
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Comment by
firstworld on Oct 22, 2020 9:27am
HSE is fine either way either they get cash they can put to work in Asia or they get massive tax losses. They are so far ahead of any Canadian O&G firm in terms of strategy, intellect, and foresight....most just have their heads in the sand blaming everyone but them selves for high cost base and market share loss.
Comment by
firstworld on Oct 22, 2020 9:29am
Glad I dumped this in March it's not coming back untill the peasants get all the backwaters roads paved with socialist dollars
Comment by
firstworld on Oct 24, 2020 1:03am
Peasants always assume the worst LOL that's what all on welfare ...I sold at 6.35 it all went to alibaba and up 50 % now. Happy I can afford the taxes to send you welfare for your entire family and every company you touch and a new SL LOL.
Comment by
RagingBull3 on Oct 24, 2020 8:15am
$6.27 was March's High I think from looking at stockhouse price history.....And that was a brief interday high right at the begining of March.
Comment by
Eigen337 on Oct 22, 2020 2:10pm
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