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Canadian Natural Resources Limited (CNQ $68.53)
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Cenovus Energy Inc. (CVE $38.02)
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Athabasca Oil Corporation (ATH $11.06)
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Baytex Energy Corp. (BTE $6.27)
Q: USA are reaching a peak of oil production and are net exporters , but will have to import are a certain point.. Is this US " peak" oil good news for canadian oil Cies for the coming years , and thanks for your point of vue for investing in canadian oil producers .
5i Research Answer:
Most US imports are related to specific refinery needs that are not met by light, sweet crude. This is expected to continue, but is not a "new" positive for the Canadian sector. Companies such as CNQ, CVE, ATH, BTE should be beneficiaries.