Entries Tagged as 'Royalties'

Free Ride Over in Alberta, Oil Companies Look to Saskatchewan

October 4th, 2007 · No Comments

It is now widely reported in the media that in response to the suggestion that the Alberta government should seek fair compensation for Alberta resources companies are looking elsewhere to invest. In Canadian Oilfield Supply and Services Directory it is noted that:
Calgary-based Crescent Point Energy Trust (TSX:CPG.UN) became the latest company to look […]

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Tags: Our Fair Share Report · Royalties · Saskatchewan

Alberta’s Royalty Report, “Our Fair Share”

September 23rd, 2007 · No Comments

The oil companies should have seen it coming. The title alone suggests that Albertans are being taken advantage of by the greedy oil companies. The title is the first shot across the bow guaranteed to cause a public outcry. Makes you question whether the panel was impartial.
Alberta Government News Release
Our Fair Share Report
It is […]

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Tags: Our Fair Share Report · Royalties

Oil Sands stocks a good buy right now.

September 23rd, 2007 · No Comments

Many are fleeing the Canadian Oil sector. But if anyone knows how to trade now is the time to buy.
UBS Securities Canada analyst Andrew Potter thinks investors may have over-estimated the likely impact of the proposed royalty increases.
He said in a note to clients Friday that the companies he covers have collectively lost $13-billion in […]

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Tags: Royalties · Stock Prices

Oil Royalties debate sweeps Alberta

September 23rd, 2007 · No Comments

The debate on the oil royalties has been leading to record traffic to provincial websites:

“The most difficult time in a democracy is when everybody is paying attention,” said Anthony Sayers, a political scientist at the University of Calgary. “People are paying attention. People believe they have vested interest here in the outcome of the […]

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Tags: Oil · Royalties

More oil royalties not good for my portfolio.

September 20th, 2007 · No Comments

More money for the province equals less money in my portfolio. Screw Alberta they don’t need roads, hospitals and environmental protection….
From Bloomberg:
Sept. 20 (Bloomberg) — Canadian stocks fell for a second day on concern that a proposal to raise royalties on oil and gas producers will hurt energy companies’ growth and profits.
Suncor Energy Inc., […]

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Tags: Oil · Royalties · Stock Prices