Company report
| |
13 Pages

Canadian Oil Sands corporate report

Canadian Oil Sands corporate report

Report summary

Canadian Oil Sands (COS) is a single-asset, pure-play oil-sands venture, focused on optimizing value from it's 36.7% stake in the Syncrude mining project. The company's business model is to distribute free cash flow to shareholders through dividends and, if conditions permit, to grow the asset and in turn the business. But owing to their unhedged pure-play status, COS has been hit hard by the oil price downturn, forcing the company into outright survival mode.

What's included?

This report includes 2 file(s)

  • Canadian Oil Sands corporate report PDF - 359.42 KB 13 Pages, 6 Tables, 15 Figures
  • Canadian Oil Sands Corporate Report.xls XLS - 3.07 MB


The upstream oil and gas industry conducts activities against a backdrop of growing energy and environmental challenges. Political instabilities, international conflicts and government and environmental regulation have all impacted the production process.

This has forced companies to re-examine their corporate strategy, moving away from high-risk exploratory drilling to lower-risk exploration in mature basins as they search for increased returns.

This Upstream Oil and Gas Company report offers thought-provoking insight into corporate financial health, investment strategy and operational outlook supported by our proprietary asset data and energy research experts.

Widely used by both the energy and financial sectors, our report gives you a unique perspective on key strategic and financial challenges, as well as opportunities facing this oil and gas company.

Wood Mackenzie provides an independent evaluation and expert opinion on the operational performance, strategy and future of the world's top oil and gas companies. Our unique, objective analysis helps you understand, validate, compare and challenge market and corporate views so you can assess strategic opportunities.

  • Executive summary
  • Strategy
    • Strategic positioning as oil price collapsed
    • Strategic action to date
    • Impact on the financial outlook
    • Impact on key performance metrics
    • Improving operational performance is critical to near-term financial health
    • Large technical resource base presents significant upside at a higher oil price
  • Economic assumptions
    • Wood Mackenzie Corporate Service: our response to low oil prices
    • Economic assumptions

In this report there are 21 tables or charts, including:

  • Executive summary
    • Executive summary: Table 1
  • Strategy
    • Post oil price crash relative share price performance
    • Premium / discount to WM base-case
    • Projected capital expenditure
    • Reduction in quarterly dividend
    • Evolution of Brent cash flow breakeven prices
    • Evolution of upstream development cash flow
    • Projected company liquidity
    • Evolution of net debt
    • Wood Mackenzie forecast total production
    • NPV before and after oil price collapse
    • Long term operational stability and the impact on production volume
    • Syncrude gross long term production profile
    • Composition of Syncrude's gross SCO reserves
  • Economic assumptions
    • Base price assumptions (norminal terms)
    • Base price assumptions (norminal terms)
    • Base, high and low Brent (nominal terms)
    • High price assumptions
    • Low price assumptions
    • Value assumptions
    • Foreign exchange rate assumptions
Requester's name : .............
Department : .............
Authoriser's Name : .............
Authoriser's signature : .............
Date : .............
Cost Centre : .............

Questions about this report?

Frequently Asked Questions
  • Europe: +44 131 243 4699
  • Americas: +1 713 470 1900
  • Asia Pacific: +61 2 8224 8898
contact us

Why Wood Mackenzie?

Wood Mackenzie, a Verisk Analytics business, has been a trusted source of commercial intelligence for the world's natural resources sector for more than 40 years, empowering clients to make better strategic decisions with objective analysis and advice.

We work across every sector of oil, gas, power, renewables, chemicals, metals and mining, covering more than 150 countries. Our proprietary data and models are at the core of everything we do, ensuring our independent asset and company valuations are thoroughly robust and that we offer an accurate forward-looking view of economic indicators such as market supply, demand and price trends.

Our 500+ analysts are based in the regions they cover, cultivating an unrivalled depth of understanding to help clients accurately identify new opportunities, define their strategy and improve business performance.

At every stage, our teams readily collaborate and share their insight to provide an integrated perspective across entire industries. It is this unique and rigorous analytical approach that ensures we are recognised as the industry standard by the world’s most innovative organisations.