Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Oil sands tech touted for pipeline capacity boost still years from deployment [Business News Network (BNN) Energy & Resources (Canada)]

Cenovus Energy Inc (CVE) 
Last cenovus energy inc earnings: 4/29 06:00 am Check Earnings Report
US:NYSE Investor Relations: cenovus.com/disclaimerir
Oil sands tech touted for pipeline capacity boost still years from deployment CALGARY -- Two years after a blue-ribbon panel called on the Alberta government to encourage partial upgrading of bitumen from the oil sands to enhance value and free up more pipeline room for exports, the idea remains years away from commercialization. In its royalty review report in January 2016, the panel led by ATB Financial CEO Dave Mowat pointed out that if heavy, sticky bitumen were partly upgraded, there would be less need to add light petroleum to dilute it so it will flow in a pipeline -- meaning as much as 30 per cent more bitumen could be stuffed into existing pipelines. It would also boost profits because companies wouldn't have to buy diluent, which is generally priced in line with New York-traded West Texas Intermediate oil, the report said. Diluted bitumen as represented by Western Canadian Select crude currently sells for considerably less per barrel than WTI, a discount that has doubled in Show less Read more
Impact Snapshot
Event Time:
CVE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for CVE alerts
Opt-in for
CVE alerts

from News Quantified
Opt-in for
CVE alerts

from News Quantified