Oil patch plans to be cut back

luckylu888 · 发表于 2008-10-22 16:11

CALGARY - Energy companies start reporting their third-quarter results today amid an environment of plunging oil prices and with credit and equity markets in disarray.

As oil closed at US$74.25, up US$2.40 on the day -- above last week's low of US$67 but a far cry from its peak of US$147 per barrel in July -- it's clear the days of wondering how amazing the profits will be are over.

This time around, capital expenditure plans will be under the microscope. Budgets may still be undergoing finishing touches, but do not expect the Street to wait for the nitty-gritty details.

Take the mammoth Suncor Energy Inc. (SU/TSX) as an example of the dramatic cuts that may be coming.

"We would not be surprised to see Suncor take a more conservative stance towards spending by scaling back its $9-billion to $10-billion 2009 capex program to the $5-billion to $6-billion range," said Andrew Potter, an analyst at UBS Securities Inc.

http://www.financialpost.com/money/story.html?id=895061

laojin168 · 发表于 2008-10-22 16:33

项目会推迟，那么这里这么多做工程的会有什么影响？

烟雨江南 · 发表于 2008-10-22 16:41

hot · 发表于 2008-10-22 18:58

deepbluesea · 发表于 2008-10-23 06:59

不是好消息

爱城一粒沙子 · 发表于 2008-10-25 05:35

bod news for live on oil sand industrial job

知风语 · 发表于 2008-10-25 23:46

Mpman · 发表于 2008-10-26 22:58

瓦窑 · 发表于 2008-10-28 05:11

原帖由 laojin168 于 2008-10-22 17:33 发表 ) y% c# S- N: S' B: f& h6 J7 I
项目会推迟，那么这里这么多做工程的会有什么影响？

总体当然会有影响。不过具体到每个人可能就不一样。因为还是有些大项目要上马。那些把宝都押在Fort Hill South和Voyageur 的影响就大些。

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[亚省新闻] Oil patch plans to be cut back