Report
Joe Gemino
EUR 98.48 For Business Accounts Only

Best Idea Update: Cenovus SAP Updates on the Horizon

Cenovus' first-quarter earnings call focused on the recent acquisition of oil sands and deep basin assets from ConocoPhillips. In contrast to the market, we view the acquisition in a positive light, particularly the oil sands assets. The additional oil sands reserves provide new opportunities for Cenovus to utilize its emerging extraction technology, solvent-aided process, or SAP. Based on our analysis, SAP has the potential to be the lowest-cost oil sands production method, with most potential ...
Underlying
Husky Energy Inc.

Husky Energy is engaged in the exploration, development and production of oil and natural gas. Co.'s operations are located in Canada and United States. As of Dec. 31, 2011, Co. had total proved oil and natural gas reserves of 1,172.4 million barrels of oil equivalent (Mmboe) gross (1,010.7 Mmboe net).

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Joe Gemino

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch