Market Impact: Slightly positive. We estimate the tax rate reduction increases Suncor's NAV (10% Atax) by ~$0.19/share, and increases its 2016e cash flow by ~$50 mm (~$0.03/share).
16 Mar 2016
UK TAX RATE REDUCTION MILDLY POSITIVE
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
UK TAX RATE REDUCTION MILDLY POSITIVE
Suncor Energy Inc. (SU:TSE) | 0 0 (-0.3%) | Mkt Cap: 69,601m
- Published:
16 Mar 2016 -
Author:
Michael P. Dunn -
Pages:
2
Market Impact: Slightly positive. We estimate the tax rate reduction increases Suncor's NAV (10% Atax) by ~$0.19/share, and increases its 2016e cash flow by ~$50 mm (~$0.03/share).