The Investment Reporter, in its Jan. 29, 2016, issue, says tender Canadian Oil Sands Ltd., recently $8.02. The Reporter said buy on Oct. 14, 2005, at $133.65, and again on April 11, 2008, at $41.97 (the stock split 5 for 1 on May 1, 2006). Assuming an investment of $1,000 for each of the two buys, tendering the $2,000 position at $8.02 would yield a loss of $1,565. Suncor Energy Inc. has agreed to pay $4.2-billion to acquire all the shares of Canadian Oil Sands. The newsletter recommends tendering your Canadian Oil Sands shares to receive 0.28 Suncor share for each Canadian Oil Sands share held. During this continuing downturn in the oil and gas industry, it is crucial to invest in safe, high-quality producers, such as Suncor. The integrated oil producer develops oil sands, refines petroleum and operates gas stations. Earnings from Suncor's upstream, mid-stream and downstream operations can soften the blow from low and falling prices for oil. The Reporter recommends keeping any Suncor shares you receive.
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