Report
Joe Gemino
EUR 101.80 For Business Accounts Only

Expanded Market Access and Lower Production Costs Aid Oil Sands Production Growth

Shale plays, most notably the Permian, have garnered all the oil love of late, with the market generally overlooking Canada’s oil sands production potential. Although, many have written off the oil sands as too costly (and shunned companies investing in oil sands assets), we think advancements associated with solvent assisted technology will lower oil sands breakevens, leading to long-term Canadian production that will surprise to the upside. New extraction technology will help the oil sands com...
Underlying
TC Energy Corporation

TransCanada is an energy company. Co. operates three business segments: natural gas pipeline, which transports natural gas across Canada, the U.S. and Mexico, and has regulated natural gas storage facilities in Michigan with a total capacity of 250 billion cubic ft.; liquids pipelines, which consists of wholly-owned and operated crude oil pipeline systems that connects Alberta and U.S. crude oil supplies to U.S. refining markets, as well as connecting U.S. crude oil supplies from the Cushing, OK hub to refining markets in the U.S Gulf Coast; and energy, which includes a portfolio of power generation assets in Canada and the U.S., and unregulated natural gas storage assets in Alberta.

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

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