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Gold/Mining/Energy : Uranium Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (3951)	11/10/2006 8:19:13 AM
From: TheSlowLane	Read Replies (1) \| Respond to of 30190

My understanding is that the presumed interest of the majors in the oil sands is based a reserve life index issue, not a current cost of production issue.

To: Tommaso who wrote (3951)	11/10/2006 3:06:39 PM
From: russet	Read Replies (1) \| Respond to of 30190

Apparently they will buy back shares, and maybe build a pipeline to their Alaskan gas. NP says integrate with Imperial Oil parent Exxon 2006-11-06 08:17 ET - In the News The National Post reports in its Monday edition that Canadian energy trust investors should consider diversifying into large-capitalization integrated oil companies. The Post's Levi Folk writes the integrated oil companies offer a level-headed approach to taking part in one of the most promising investment themes over the next decade. Mr. Folk believes energy prices have entered a long-term bull market. Mr. Folk says the top five oil firms are spending $250-billion (U.S.) on dividends and buybacks from 2006 to 2008. Mr. Folk believes those numbers will grow. Share repurchases are a tax-efficient means of boosting shareholder value, because the move translates to higher earnings per share and higher share prices. He notes that capital gains are taxed less than dividends. Thus buybacks translate to less taxation for investors on average. Imperial Oil parent Exxon Mobil increased its market cap by 26 per cent from 2000 to 2006. Its share price has increased 43 per cent over the same period. Exxon credits the relationship between the two to its share repurchase program, which cut 12 per cent of the float. Exxon recently said it plans to buy back about $8.4-billion (U.S.) of its shares per quarter.