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What oil companies are in Alberta?

Leia Doyle

What oil companies are in Alberta?

Contents

  • 1.1 Suncor Energy.
  • 1.2 Canadian Natural Resources Limited.
  • 1.3 Encana Corporation.
  • 1.4 Husky Energy.
  • 1.5 Enbridge.
  • 1.6 Cenovus Energy.
  • 1.7 Talisman Energy.
  • 1.8 Nexen.

How many oil companies are in Alberta?

Currently there are 58 oil sands projects in Alberta that are valued at $5 million or greater, which account for an approximate total value of $109.3 billion. The 10 largest companies are responsible for more than half of oil and gas production in Canada.

What are the top 10 oil companies in Canada?

10 Biggest Canadian Oil & Gas Companies

  • Enbridge Inc. (ENB.TO)
  • Suncor Energy Inc. (SU.TO)
  • Imperial Oil Ltd. (IMO.TO)
  • Canadian Natural Resources Ltd. (CNQ.TO)
  • Cenovus Energy Inc. (CVE.TO)
  • Husky Energy Inc. (HSE.TO)
  • Parkland Fuel Corp. (PKI.TO)
  • TC Energy Corp. ( TRP.TO)

What is the best Canadian oil stock?

Best oil and gas stocks to watch in 2021

  • Headwater Exploration Inc.
  • Paramount Resources Ltd.
  • MEG Energy Corp.
  • Pipestone Energy Corp.
  • PrairieSky Royalty Ltd.
  • Tourmaline Oil Corp.

Who is Canada’s largest oil producer?

Alberta. Alberta is Canada’s largest oil and natural gas producer and is home to vast deposits of both resources. Alberta’s oil sands are located in the northern area of the province, while natural gas is found throughout. 11% – total government revenue from Alberta’s oil and gas resources in fiscal 2018/19.

How much money does Alberta make from oil 2020?

Revenue for 2020-21 was $43.1 billion, which is $800 million higher than the third-quarter forecast reported in the budget, but $3.1 billion lower than the previous year. That revenue includes the $1.3-billion loss of the government’s investment in the now-cancelled Keystone XL pipeline expansion project.

Is Suncor a good investment in 2020?

Suncor stock has a forward yield of 3.34% In 2020, Suncor cut its dividends by 55% due to falling profit margins. Despite the dividend cut, it currently provides investors with a forward yield of 3.34%. So, a $1,000 investment in Suncor stock will help you generate $33.4 in annual dividends.

How much oil is left in Alberta?

Alberta’s oil sands has the third largest oil reserves in the world, after Venezuela and Saudi Arabia. Alberta’s oil sands’ proven reserves equal about 165.4 billion barrels (bbl).