COS’s 2Q15 results disclosure should have a neutral impact on the stock Friday. While costs are coming down, 2015e cost guidance was not revised significantly. With all the work that has been undertaken over the last couple of years to prove reliability, and with no major planned turnarounds scheduled for the back half of this year, the Syncrude partners are no doubt hoping that these next few months provide some steady and strong production rates.
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2Q15 Results
- Published:
31 Jul 2015 -
Author:
Michael P. Dunn -
Pages:
6
COS’s 2Q15 results disclosure should have a neutral impact on the stock Friday. While costs are coming down, 2015e cost guidance was not revised significantly. With all the work that has been undertaken over the last couple of years to prove reliability, and with no major planned turnarounds scheduled for the back half of this year, the Syncrude partners are no doubt hoping that these next few months provide some steady and strong production rates.