$41.37 0.00 (0%)
7/31/2009 3:00 PM

Petro-Canada (USA) (PCZ.DL)

CAPS Rating: No stars

The Company explores for, develops, produces and markets crude oil, natural gas liquids and natural gas in Canada and internationally.

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Member Avatar dustydiamond (< 20) Submitted: 12/4/2008 9:56:22 AM : Outperform Start Price: $21.55 PCZ.DL Score: +76.57

Energy demand should increase significantly once this recession abates and capital spending accelerates. The BRIC economies also have consolidated and will heavily influence crude demand in their next growth cycle. Once crude prices get closer to $100 per barrel, the oil sands projects currently on hold should go back into production and ramp up their earnings going forward.

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