Oil Sands Stocks List

Oil Sands Stocks Recent News

Date Stock Title
Apr 26 IMO Imperial Oil Maintained at Hold by TPH Following Q1 Result; Price Target at C$100.00
Apr 26 IMO Imperial Oil Reports "Lower-Quality" Miss, TD Says
Apr 26 IMO Imperial Oil Ltd (IMO) Q1 2024 Earnings: Strong Performance Amidst Strategic Advancements
Apr 26 CVE Imperial Oil (IMO) Surpasses Q1 Earnings Estimates
Apr 26 IMO Imperial Oil (IMO) Surpasses Q1 Earnings Estimates
Apr 26 IMO Imperial Oil Q1 Profit Falls 4.1% on Lower Commodity Prices
Apr 26 IMO Imperial Oil reports higher production, lower refinery throughput in Q1
Apr 26 IMO Imperial declares second quarter 2024 dividend
Apr 26 IMO Imperial announces first quarter 2024 financial and operating results
Apr 25 CNQ Canadian Natural Resources (CNQ) Advances While Market Declines: Some Information for Investors
Apr 25 CNQ Earnings Preview: Canadian Natural Resources (CNQ) Q1 Earnings Expected to Decline
Apr 24 CVE Cenovus to hold first-quarter conference call and webcast, virtual annual meeting of shareholders on May 1
Apr 24 ENB 3 High-Yielding Dividend Stocks That Can Help Bankroll Your Retirement Years
Apr 24 CNQ The Zacks Analyst Blog Highlights Meta Platforms, Elevance Health, Canadian Natural Resources, The Coca-Cola and The Progressive
Apr 24 ENB Enbridge Inc. Declares Quarterly Dividends
Apr 24 IMO Imperial Oil Limited's (TSE:IMO) Stock Is Going Strong: Is the Market Following Fundamentals?
Apr 24 ENB Want Decades of Passive Income? 2 Energy Stocks to Buy Now and Hold Forever
Apr 24 CNQ 14 Dividend Growth Stocks with Highest Growth Rates
Apr 23 MEG MEG Energy Maintained at Buy at TPH Ahead of First-Quarter Results; Price Target at C$40.00
Apr 23 ENB Embracing Identity, Overcoming Obstacles, Igniting a Love of Learning
Oil Sands

Oil sands, also known as tar sands or crude bitumen, or more technically bituminous sands, are a type of unconventional petroleum deposit. Oil sands are either loose sands or partially consolidated sandstone containing a naturally occurring mixture of sand, clay, and water, saturated with a dense and extremely viscous form of petroleum technically referred to as bitumen (or colloquially as tar due to its superficially similar appearance).Natural bitumen deposits are reported in many countries, but in particular are found in extremely large quantities in Canada. Other large reserves are located in Kazakhstan, Russia, and Venezuela. The estimated worldwide deposits of oil are more than 2 trillion barrels (320 billion cubic metres); the estimates include deposits that have not been discovered. Proven reserves of bitumen contain approximately 100 billion barrels, and total natural bitumen reserves are estimated at 249.67 Gbbl (39.694×10^9 m3) worldwide, of which 176.8 Gbbl (28.11×10^9 m3), or 70.8%, are in Alberta, Canada.The crude bitumen contained in the Canadian oil sands is described by the National Energy Board of Canada as "a highly viscous mixture of hydrocarbons heavier than pentanes which, in its natural state, is not usually recoverable at a commercial rate through a well because it is too thick to flow." Crude bitumen is a thick, sticky form of crude oil, so heavy and viscous (thick) that it will not flow unless heated or diluted with lighter hydrocarbons such as light crude oil or natural-gas condensate. At room temperature, it is much like cold molasses. The World Energy Council (WEC) defines natural bitumen as "oil having a viscosity greater than 10,000 centipoise under reservoir conditions and an API gravity of less than 10° API". The Orinoco Belt in Venezuela is sometimes described as oil sands, but these deposits are non-bituminous, falling instead into the category of heavy or extra-heavy oil due to their lower viscosity. Natural bitumen and extra-heavy oil differ in the degree by which they have been degraded from the original conventional oils by bacteria. According to the WEC, extra-heavy oil has "a gravity of less than 10° API and a reservoir viscosity of no more than 10,000 centipoise".Oil sands have only recently been considered to be part of the world's oil reserves, as historically high oil prices and new technology enabled profitable extraction and processing. Together with other so-called unconventional oil extraction practices, oil sands are implicated in the unburnable carbon debate but also contribute to energy security and counteract the international price cartel OPEC. According to a study ordered by the Government of Alberta, Canada, conducted by Jacobs Engineering Group, carbon emissions from oil-sand crude are 12% higher than from conventional oil.

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