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Press release from Newsfile Corp

Global Securities Corp Reiterates Buy Recommendation for Canadian Oil Sands - Video Overview Posted on www.InvestmentPitch.com

Wednesday, February 13, 2013

Global Securities Corp Reiterates Buy Recommendation for Canadian Oil Sands - Video Overview Posted on www.InvestmentPitch.com17:26 EST Wednesday, February 13, 2013Vancouver, British Columbia--(Newsfile Corp. - February 13, 2013) - Investment firm Global Securities has reiterated their buy recommendation for Canadian Oil Sands (TSX: COS) (OTCQX: COSWF), with analyst Elvis Picardo maintaining his target price at $25.00.This is a 20% premium to the recent $20.85 price when the research report was published, following the release on January 31st of the company’s results for the fourth quarter.InvestmentPitch.com has produced a “video news alert” about Canadian Oil Sands based on this report. If this link is not enabled, please visit www.InvestmentPitch.com and enter “Canadian Oil Sands” in the search box.If you cannot view the video above, please visit: http://www.investmentpitch.com/video/0_3t6ga0ch/Global-Securities-Reiterates-Buy-Recommendation-for-Canadian-Oil-Sands-TSXCOS“Our dividend level of $0.35 per share per quarter for 2013 is well supported by a strong balance sheet and a major capital projects program that is proceeding on schedule and on budget," said Marcel Coutu, President and Chief Executive Officer. "Our outlook for 2013 is based on an $80 per barrel plant-gate realized selling price and a five per cent increase in production rates over 2012.”While the stock’s yield of 6.7% is the fifth highest on the TSX-60, Picardo believes it has a greater degree of dividend stability than some of its higher-yielding peers.Canadian Oil Sands is a pure investment opportunity in the oil sands through its 36.74 per cent interest in the Syncrude joint venture. Syncrude has a productive capacity of 350,000 barrels per day, and has enough reserves and resources to operate at that level for decades. For 2013 Canadian Oil Sands forecast annual production for Syncrude of 105 to 115 million barrels.Unique among its peers, it is the only oil sands company whose assets are undiluted with lower-value heavy oil or natural gas. Its significant cash flow stream is 100 per cent derived from high-quality, light, sweet synthetic crude.“We remain positive on Canadian Oil Sands based on its reasonable valuation, above-average dividend yield, and leverage to rising crude oil prices. Our target price is unchanged at $25”, stated analyst Elvis Picardo.For more information please visit the company’s website www.cdnoilsands.com or call Alison Trollope Manager, Investor Relations at 403- 218-6231, or email invest@cdnoilsands.com.For more information about Global Securities or to obtain a copy of their research, contact your nearest Global Securities office. Their branches are listed on their website at www.globalsec.com.InvestmentPitch.com, a multimedia company that provides a combined solution for creating and hosting financial video content, and distributing it across multiple platforms to investors and financial professionals, specializes in producing three minute videos based on news releases and research reports.CONTACT: InvestmentPitch.com Barry Morgan, CFO 604-684-5524 bmorgan@investmentpitch.com