SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Spekulatius who wrote (48048)5/19/2012 7:06:44 PM
From: Paul Senior  Read Replies (1) of 78703
 
All of these large oilers seem to have some plusses and minuses to consider. As others here seem to be doing, I hold a basket of several integrateds, rather than trying to pick "the best" one. If I had to choose a favorite, as of today and subject to my changing whims, I'm for Charlie Maxwell's (refer to earlier posts) Suncor. I hold some SU shares and am waiting to add more if stock will continue to fall closer to its 12-mo lows.

Reiterating, SU's plus is that it already has 35 years of oil to be pulled up and out from its oil sands,i.e. it has no exploration risk (and presumably no geopolitical risk with Canada). Otoh, the minus is that SU is oil sands, so there may be cost per barrel issues (as I believe you may have suggested), and there may be as-yet unknown or significant environmental issues that may come to the forefront.

suncor.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News