Imperial Oil, Teck double down on Canadian oil sands after others flee

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Imperial Oil Ltd. (IMO:CN) (IMO) PT Raised to Cdn$45 at RBC Capital

November 8, 2018 7:19 AM EST

RBC Capital analyst Greg Pardy raised the price target on Imperial Oil Ltd. (IMO:CN) (NYSE: IMO) to Cdn$45.00 (from Cdn$44.00) while maintaining a Sector Perform rating.

Pardy said Imperial Oil possesses an admirable upstream portfolio weighted towards low decline properties, and attractive downstream assets.

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Suncor Energy (SU) Reports Resignation of Jacynthe Cote from Board

November 7, 2018 5:31 PM EST

Suncor announced today that Jacynthe Côté will be stepping down from Suncors Board of Directors effective immediately.

"Jacynthe has been a valued member of our Board, serving as a member of our audit committee and our environment, health, safety and sustainable development committee, said Mike Wilson, chair... More