This document reviews our expectations for upcoming quarterly updates for the Canadian Integrated Oils, Large Cap E&Ps, and Oilsands names. Our 3Q15 CFPS estimates are notably ahead of ‘consensus’ for IMO, and notably behind ‘consensus’ for CVE and SU. We have made no ranking or target price changes with this report, but note that earlier this week we increased our target price for Canadian Oil Sands to reflect our belief that Suncor will ultimately raise its bid to the 0.32 share exchange ratio ....
22 Oct 2015
3Q15 Preview – Integrated Oils, Large Cap, E&P, Oilsands
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3Q15 Preview – Integrated Oils, Large Cap, E&P, Oilsands
Cenovus Energy Inc. (CVE:TSE), 0 | Imperial Oil Limited (IMO:TSE), 0 | Suncor Energy Inc. (SU:TSE), 0 | Canadian Natural Resources Limited (CNQ:TSE), 0 | Encana (ECA:TSE), 0 | MEG Energy Corp. (MEG:TSE), 0
- Published:
22 Oct 2015 -
Author:
Michael P. Dunn -
Pages:
16
This document reviews our expectations for upcoming quarterly updates for the Canadian Integrated Oils, Large Cap E&Ps, and Oilsands names. Our 3Q15 CFPS estimates are notably ahead of ‘consensus’ for IMO, and notably behind ‘consensus’ for CVE and SU. We have made no ranking or target price changes with this report, but note that earlier this week we increased our target price for Canadian Oil Sands to reflect our belief that Suncor will ultimately raise its bid to the 0.32 share exchange ratio ....