Dallas, Texas 09/23/2013 (Financialstrend) – CANADIAN OIL SANDS (OTCMKTS:COSWF) has 36.74 per cent interest in the Syncrude Project and provides an excellent opportunity for the oil sands investment being the largest owner of Syncrude. The company was added to Dow Jones Sustainability Index in the year 2010 and in the following year it gets converted to a corporation from a Trust. The company has been consistent in improving the value of its assets through sustainable approach and successful operations, sound financial management and in house marketing expertise. The company has the crude oil productive capacity of over 350,000 barrels per day.
CANADIAN OIL SANDS (OTCMKTS:COSWF) has the market capitalization of $9.43 billion. The stock has traded between the 52 week price range of $17.91 towards the lower spectrum and $22.24 on the higher spectrum. Currently the stock is trading around $19.5 level.
There have been many arguments regarding the future of Canada’s oil sands industry. It was only few time ago that it was praised as the hottest new source of oil, with the ability to not only increase Canada’s economic growth but potentially finish the argument over top oil. But then reality smashed by relaxing crude prices affecting oil sands to tumble out of favor with investors.
This was initiated by rising development costs, low operating margins, and cheaper sources of conventional and unconventional oil flooding the market. But with the recent spike in crude oil prices to their highest level in 18 months there has been significant renewed interest in the sector and the institutional investors have conflicting views on the future of oil sands.
On the other side, environmental are also creating uncertainty for the future of Canada’s Oil Sands Industry. Some politicians, business leaders, professionals, and environmental activists state that oil sands production is damaging the environment increasingly and as a result there arise range of questions regarding the viability and sustainability for the booming oil sands industry.
Wall Street PR - Winning in 2017!http://wallstreetpr.com
Here’s how to leverage this breakthrough technology…
2017 Most Disruptive Biotech IMLFFhttp://www.financialstrend.com
Disruptive biotech IMLFF decodes targeted drug delivery for stem cells
Investors Flock To Cannabis Biotechhttp://www.financialstrend.com
Traders make 4 time cash on the last trade alert
Trending in the cannabis industryhttp://mmjreporter.com
Learn more about cannabis and getting rich in the process