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Xuwo Bombardier s 20-year Outlook
Suncor TSX:SU NYSE:SU is finally starting to catch up to its peers after a dismal underperformance over the past two years. Investors who missed the recent rally are wondering if Suncor stock is still undervalued and a good buy for their TFSA or RRSP portfolios.Oil marketOil surged above US$100 per barrel earlier this year and remains in triple digits, as a global demand surge bumps up against Rus stanley cup sia sanctions and underinvestment by international producers. The drastic cuts to exploration and development budg stanley cup ets in 2020 and 2021 have resulted in the current tight s stanley cups upply situation. OPEC is taking the position that it wants to bring additional supply on gradually to maintain a stable market. The reality, in the opinion of some analysts, is that OPEC producers are already providing as much supply as possible due to the lack of investment during the pandemic.It will take time for global oil producers to ramp up output. In fact, most are content right now to keep production steady and us Tnrp Retirees: Here s How to Boost Your CPP Pension in 2024
Canadian Oil Sands Ltd. TSX:COS has finally stanley isolierkanne accepted an offer by Suncor Energy Inc. TSX:SU NYSE:SU , effectively ending the back and forth between the two stanley cups companies that started in the fall of last year.For Suncor, this effectively means Syncrude will be operated under its control, spelling efficiency improvements that can be gained from both companies stanley cup .Canadian Oil Sands shareholders finally got what they wanted from Suncor: a better price.The accepted offerOnly a few weeks ago, Suncor was adamant in telling Canadian Oils Sands that an improved offer would not be coming. That original offer was that Suncor would give a quarter of a share for each Canadian Oil Sands share.The improved offer boosted the share value of each Canadian Oil Sands share slightly to 0.28, meaning the total value would be bumped up to $4.24 billion.This was a welcome relief for Canadian Oil Sands investors, who likely were still thinking about Suncor CEO Steve Williams s statement, which implied that failing |
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