Scotiabank

Scotiabank says Suncor Energy’s challenges will need time to fix even with new CEO

March 21, 2023

BOE Report Scotiabank downgrades Canada’s Suncor Energy Inc to “sector perform” from “sector outperform.” Brokerage says new CEO Rich Kruger will have a fresh approach to some of SU’s operational issues over the past few years but “there is still plenty of work to do.” Highlights challenges like safety, minimizing downtime, reducing operating costs and replacing production at aging mines. SU

Commodities Lift Off Unsustainable Lows, but Pace Appears Overheated: Scotiabank

April 29, 2016

TORONTO, ON–(Marketwired – April 29, 2016) – Scotiabank’s Commodity Price Index lifted off from a more than 12-year low in February, rallying 7.8% m/m in March. While the direction of this recent price activity is in line with Scotiabank Economics’ view, the frenetic pace of these rallies is aggressive based on our reading of the fundamentals. There is a risk of

Scotiabank Report: Oil Near Term Could Hit $30

December 21, 2015

Bank Looks for Commodities Prices to Rebound on “Broad Front” by 2017, Examines 2015 OPEC/Saudi Actions Scotiabank Economics released its annual commodities outlook today, saying near term WTI could be US$30, based on post-Dec. 4 OPEC oil trading below US$35 already, “and could drop to US$30 near-term.” Scotiabank reviewed Saudi Arabia’s Fall 2015 actions as “apparently willing to implement a series of output

Scotiabank says Suncor Energy’s challenges will need time to fix even with new CEO

Commodities Lift Off Unsustainable Lows, but Pace Appears Overheated: Scotiabank

Scotiabank Report: Oil Near Term Could Hit $30

Premium Content