Essay on Cost of Capital - Encana Corp

The oil and gas business is highly competitive in the exploration for and acquisitions of reserves, the acquisition of oil and gas leases, equipment and personnel required to find and produce reserves, and in the gathering and marketing of oil, gas, and natural gas liquids. The competitors include national oil companies, major integrated oil and gas companies, other independent oil and gas companies, and participants in other industries supplying energy and fuel to industrial, commercial, and individual consumers.

is an "independent energy company engaged in the acquisition, exploration, development, production, marketing and sale of crude oil, NGLs, and natural gas production"(Canadian Natural Resource Limited: TSE:CNQ quotes and news, n.d.). The company is environmentally conscious, very

Canada ranks among the leading energy producers in the world, through oil production. These oil deposits rank oil sands of Canada as the largest oil deposits in the world after the Saudi Arabia and Venezuela. The only challenge with the oil sand deposits is that oil deposits are seen as unconventional. In effect, tar sands are recognized as one of the dirtiest energy sources in the world (Bailey & Droitsch, 2015). This fact is founded on the production factor; in producing one barrel of tar sands oil, the hazardous emissions are three to five times that of producing the equivalent of conventional oil. The Alberta oil sands are viewed as the single largest economic project in human history. The Canadian government and oil

This 1.4 trillion-dollar industry has been able to benefit Albertans. To elaborate, Alberta’s upstream energy sector, which mainly includes the oil sands, conventional oil as well as gas and mining has provided 133,053 jobs for Alberta residents, according to Statistics Canada. As well, having the third largest oil reserves in the world, Canada is able to use the oil reserves as a trading asset, as it is currently providing 1.4 million barrels of oil to the USA everyday, which is equivalent to $49.7 million at current stock prices. As well, $52 billion dollars in royalty were accounted for during 2013-14. In this way, the oil sands industry provides jobs, billions of dollars in royalties and boosts national income and prosperity through the trading of this resource. This affects my stakeholder since this would give Ed Stlemech a healthy financial resume/profile to an otherwise terrible environmental and societal resume while he was Alberta’s

Diverse and multi-faceted, the Canadian business market is one of the strongest functioning mixed market economies in the world. Within the Canadian economy, the oil and gas sector stands as one of the largest and most influential sectors. The oil and gas industry is unique as it affects almost every person and sector of the economy worldwide, whether it is through commodity or material input costs. In Canada, this growing industry could allow for the country to be the one of the “biggest energy producers in the world” leading to a massive paradigm shift globally.

During 1919 one of the most reliable energy companies was assembled and they are known as Suncor. The location where they were created was Montreal, Quebec. Now their headquarters have been shifted to Calgary where all the decisions are made. They specialize in producing synthetic crude which is abundant in the Alberta Oil Sands. The masterminds behind this company are John Fergusion who is the chairman of the board and Steve Williams the CEO. Like every successful business Suncor has a mission which is to create energy for a better world. Their vision is to be trusted with valuable natural resources so they can produce a better social well-being to raise the economic standards, they also want to create a healthy environment for the present

While originally designed to meet the needs of Canadian citizens, shrewd US businessmen saw an opportunity and formed a US company, TransCanada Pipelines, in 1954,

Modern day Canada is posed with the current issues of energy and the environment becoming increasingly important within the public and political sectors. The impetus has come from a variety of factors such as the collective development of nonconventional resources, the environmental concern from Canadians, and the demand for renewable energy sources. Many premiers have since called for a ‘national energy strategy’ however the clashes of policies on the federal and provincial levels cause a decrease in progress. This has become largely apparent in the current debates over Alberta’s bitumen deposits and pipelines. The Alberta government has advocated for a ‘national energy strategy’ led by Ottawa placing their political emphasis on the need for Canada to achieve a vision of environmental supremacy. This paper seeks to investigate the clashes of interprovincial trade and commerce powers with the provinces natural resource power debates over Alberta’s pipelines and bitumen deposits in conjunction with the general Canadians feeling of a lack of democracy.

The Mackenzie Valley Pipeline is a project being done from the Beaufort sea through Canada’s Northwest Territories where natural gas is transport in order to tie into gas pipelines located in northern Alberta. What they're trying to accomplish is to design, build, and use it safely. While building it there trying to stay eco friendly. There trying to have it built by

Alberta is the largest producer of conventional crude oil, synthetic crude, natural gas and gas products in Canada. Alberta is the world’s second largest exporter of natural gas and the fourth largest producer. Two of the largest producers of petrochemicals in North America are located in central and north central Alberta. In both Red Deer and Edmonton, polyethylene and vinyl manufacturers produce products that are shipped all over the world. Edmonton's oil refineries provide the raw materials for a large petrochemical industry to the east of

The case study of NewGrade Energy is based on data analysis from 2009. A privately owned company located in Regina, Saskatchewan that operates heavy oil upgrader, The Company’s ownership structure consists of the Government of Saskatchewan and Federated Co-Operatives Limited each owning 100% of the company and Crown Investment Corporation (CIC) and Consumer’s Co-Operative Refineries Limited (CCRL) both owning 50% (Ivey, 2009). At the time of its $ 770 million dollar, inception in 1988 CIC and its third-party lenders financed $150 million to the project and the government of Saskatchewan and Canada guaranteed the capital venture (Ivey, 2009). The

Obsidian Energy is a gas and oil producer of energy. It is located in Calgary, Canada. The company showed increasingly exciting growth in the third quarter of the last year. The CEO David French recently addressed the wells that were discovered in the Rocky Mountains of Western Canada. In that comment, Finch added that there are three million acres of land included in that region. This is encouraging news for the energy community.

In front of Dan Chores is the issue of recommending three hurdle rates for each of Marriott Corporation's three divisions, which have significant effect on the firm's financial and operating strategies as well as its incentive compensation. Marriott Corporation had three major lines of business: lodging, contract services and restaurants. Also Marriott had its growth objective, to remain a premier growth company.

Although the company Enbridge is a multi-million dollar company, there are a couple other key points one should know. Furthermore, one should be aware that Enbridge was involved in a major oil spill back in July 2010, which flooded the Kalamazoo River near Marshall, Wisconsin with more than 840,000 gallons of tar sands crude and cost the company $1.2 billion to clean up, not to mention the lasting effect done to the ecosystem and its inhabitants. Also, Dan Kaufman states that,” The Marshall spill demonstrated how much more destructive tar sands crude spills are compared with

The company’s closest competitors are Canadian Natural Resources Limited, EnCana Corporations, Talisman Energy Group Inc., and Canadian Oil Sands Limited. One of the company’s major assets is the research and development of state of the art technology to reach and unlock gas & oil deposits. They implement the use of hydraulic fracturing technology to unlock unconventional gas assets, are able to drill up to 34,000 feet deep into the Gulf of Mexico to access oil deposits below the gulf floor, and implementing gasification technology which uses steam to separate oil deposits from the sand in the northern Alberta oil sands (Nexen’s way). The company has been successful to date, however their lack of resources and capital has limited their growth and expansion, as well as the $4.3 billion debt that they currently have (Financial Post 2). This is why the