Suncor's (SU +0.3%) decision last week to scrap its $11.5B Voyageur oil sands plant shows Canadian producers are betting they can boost shareholder returns by shipping crude directly to refineries instead of investing in costly processing. "There’s going to continue to be a ramp-up in light oil and therefore that hurts the economics of an upgrader,” a Canaccord analyst says.
Are you Bullish or Bearish on ?
Results for ()
Thanks for sharing your thoughts.
From other sites
at Nasdaq.com (Fri, 9:00AM)
at CNBC.com (Jan 14, 2015)
at CNBC.com (Jan 8, 2015)
at Nasdaq.com (Dec 31, 2014)
at Nasdaq.com (Dec 24, 2014)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs