Summer Sale
50% off Premium Yearly
00days
00hrs
00mins
00secs
Opinions Glenn MacNeill, P.Eng.
Western Oil Sands Inc.WTO.TOHOLDSep 02, 2005
Owns 20% of the oil sands project. (20% is owned by Chevron (CVX-N) and 60% by Shell SHC-T.). The project produces about 155,000 barrels a day. Have owned it for a long time now. Anything in the oil sands is very heavily leveraged to oil prices.
$30.09
Stock price when the opinion was issued
oilgas
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.
You might be interested:
TOP PICK
Being acquired by Marathon (MRO-N). He is buying it for the sum of the parts of the valuation. Basically what you are getting with the Marathon take out is cash and about 33% of stock. You also get a junior international exploreco, Western Zagros in Kurdistan, where there are significant light oil deposits. Market is not fully valuing this company.
Adam ThomasOwned
oilgas
BUY
Marathon Oil (MRO-N) has made an offer to acquire. Part of the deal was for them to spin off their Kurdistan assets. Stock has been trading at a premium to the offer that could mean the market thinks a higher bid is coming or if the market is ascribing more value to the Kurdistan asset than originally thought. He feels it is the latter. Be surprised to see a competing offer come in.
oilgas
HOLD
Marathon Oil (MRO-N) is looking to acquire this company. Not sure if there will be any further bids, but she is holding her stocks.
Veronika HirschOwned
oilgas
HOLD
