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Publicly traded Canadian Oil Sands companies??

Posted on 1/26/17 at 3:00 pm
Posted by Ignignot
Member since Mar 2009
18823 posts
Posted on 1/26/17 at 3:00 pm
Want to buy some stock in one of these companies who will benefit off the Keystone XL Pipeline

Any recommendations??

TIA
Posted by lsugradman
Member since Sep 2003
8544 posts
Posted on 1/26/17 at 7:08 pm to
Companies who are heavy into the Athabasca sands are hurting bigtime right now. Suncor is a big producer, as is Syncrude. Shell has a big piece as well.

But honestly I don't think Keystone is going to help those companies out that much, they need a serious increase in oil price which is not just around the corner.

I guess you could hedge your bets and go with Shell since they are more diverse but Im staying away
Posted by MNCscripper
St. George
Member since Jan 2004
11709 posts
Posted on 1/26/17 at 8:15 pm to
CNRL
Posted by notiger1997
Metairie
Member since May 2009
58100 posts
Posted on 1/26/17 at 9:35 pm to
The pros have already gotten in on these would be my bet
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