Canadian oil sands trust unit
Straub, Shell Canada's Senior Vice President for Oil Sands, says,. 'We're clearly putting all a habit for a unit that represents about one third of Shell's proved 2 Dec 2019 Canada's struggling oil sands industry has a plan to cut costs while building diluent recovery units, or DRUs, to remove condensate from their These terms appear on this site and are commonly used by the oil sands industry . Acre: Imperial unit of area measurement that equals 43,560 square feet. firms, trusts, partnerships, joint ventures, associations, governments or government 15 Oct 2010 What are the pros and cons of extracting oil from "oil sands"? buying units of Canadian Oil Sands Trust ( COSWF - news - people ). 2 May 2011 unit of production) from producing oil from Oil Sands operations declined Suncor's profits were $480 million and Canadian Oil Sands Trust's Late Wednesday afternoon, Canadian Oil Sands reported its earnings plummeted about 86 per cent during the first quarter due to low oil prices. The trust earned $43-million, or nine cents per unit, for the first three months of 2008, down sharply from $298-million,
Canadian Oil Sands Trust , which holds the largest stake in the Syncrude Canada Ltd. partnership, said Thursday its fourth-quarter profit fell 23 per cent despite strengthening oil prices as it wrote down the value of some Arctic gas fields. The trust said its net income fell to $96-million,
The Alberta oil sands are widely accepted as a reserve to equal the Saudi is a totally new type of environmental unit installed on the coker 8-3 designed to returns for its unit-holders, has good margins and generates good. CANADA'S OIL AND GAS SECTOR: THE ENERGY TRUSTS. In Harper We Trusted. Exploring the top 10 opportunities and risks in Canada's oilsands The oilsands in Western Canada's Penn West Energy Trust to develop oilsands assets. Overall, the per-unit cost of steel, which is the primary material input for oilsands. 10 Sep 2019 Calgary-based Suncor will build two natural gas co-generation units that will replace three petroleum coke-fired boilers. The project will provide Straub, Shell Canada's Senior Vice President for Oil Sands, says,. 'We're clearly putting all a habit for a unit that represents about one third of Shell's proved 2 Dec 2019 Canada's struggling oil sands industry has a plan to cut costs while building diluent recovery units, or DRUs, to remove condensate from their These terms appear on this site and are commonly used by the oil sands industry . Acre: Imperial unit of area measurement that equals 43,560 square feet. firms, trusts, partnerships, joint ventures, associations, governments or government
“One reason is that while Canadian Oil Sands can’t control oil prices—to which it is leveraged—it can, and plans to, increase production. The latest results confirm its ability to grow. In the most recent quarter, profits rose fivefold: the company earned $237 million in Canadian dollars, or 49 Canadian cents per unit, compared to $46 million (10 Canadian cents per unit) in 2009’s second quarter.
Please enable JavaScript to view the page content. Please enable JavaScript to view the page content. These companies, originally structured as Canadian royalty trusts (CANROYs), are oil and natural gas producers. As trusts, they didn't pay federal income taxes if they distributed their income to shareholders. The resulting double-digit dividend yields grabbed dividend investors attention in the mid-2000s. Canadian Oil Sands’ cash from operating activities for the year could total C$57 million, or C$1.79 a unit, based on an average U.S. oil rice of $55 a barrel, the trust said.
2 May 2011 unit of production) from producing oil from Oil Sands operations declined Suncor's profits were $480 million and Canadian Oil Sands Trust's
CALGARY, Alberta (Reuters) - Canadian Oil Sands Trust COS_u.TO, which holds the largest stake in the Syncrude Canada Ltd partnership, said on Thursday its fourth-quarter profit fell 23 percent despite strengthening oil prices as it wrote down the value of some Arctic gas fields. A long-awaited increase in the quarterly distribution to C$1.00 a unit from C$0.50 a unit at buy-recommended Canadian Oil Sands Trusts (COSWF) hints at future income potential that does not seem recognized in stock price. Further expressing their enthusiasm, management proposes a resolution to split the units to be voted next April.
Is Canadian Oil Sands (TSE:COS) a good stock for dividend investors? View COS's dividend history, dividend yield, date and payout ratio at MarketBeat.
Canadian Oil Sands Trust , the biggest interest-holder of the Syncrude Canada Ltd. oil sands venture, said on Monday its profit fell 26 percent due to higher royalties, operating costs and foreign The trust, which has a 37 percent stake in Syncrude, earned C$46 million ($43 million), or 10 Canadian cents a unit, down from year-earlier C$497 million, or C$1.04 a unit. has agreed to be acquired by a unit of Canadian Oil Sands Trust in a $146 million deal. Each share of Canada Southern, a Calgary-based energy company, will be bought for $9.75 in cash.
Canadian Oil Sands Trust and Athabasca Oil Sands Trust merged in 2001, continuing as Canadian Oil Sands Trust. Canadian Oil Sands Trust increased its interest in Syncrude to 35.5% in 2003. A further purchase of a 1.25% incremental interest brought the trust's interest in Syncrude to its current level of 36.74%. “One reason is that while Canadian Oil Sands can’t control oil prices—to which it is leveraged—it can, and plans to, increase production. The latest results confirm its ability to grow. In the most recent quarter, profits rose fivefold: the company earned $237 million in Canadian dollars, or 49 Canadian cents per unit, compared to $46 million (10 Canadian cents per unit) in 2009’s second quarter. Canadian Oil Sands Trust (TSX:COS) Canadian Oil Sands Trust - Business Description: Open-ended investment trust that generates income from its 21.74% working interest in the Syncrude Joint Venture. It is the largest pure-play investment opportunity in the Alberta Oil Sands, a resource that rivals the oil reserves of Saudi Arabia. Canadian Oil Sands, which paid C$475 million ($403 million) during the quarter to boost its interest in the mining and synthetic crude operation to 37 percent, earned C$128 million, or 27 Canadian Canadian Oil Sands Trust , which holds the largest stake in the Syncrude Canada Ltd. partnership, said Thursday its fourth-quarter profit fell 23 per cent despite strengthening oil prices as it wrote down the value of some Arctic gas fields. The trust said its net income fell to $96-million, Is Canadian Oil Sands (TSE:COS) a good stock for dividend investors? View COS's dividend history, dividend yield, date and payout ratio at MarketBeat. Calgary, Alberta (Jan. 30, 2008) – Canadian Oil Sands Trust (“Canadian Oil Sands”, the “Trust” or “we”) today announced that 2007 cash from operating activities increased 21 per cent to $1.4 billion, or $2.87 per Trust unit (“Unit”), over 2006. Net income decreased to $743 million ($1.55 per Unit) in 2007 from