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Update: Canadian Oil Sands Reports Q4 Results And Wisely Cuts Its Dividend

Canadian Oil Sands (OTCQX:COSWF) recently announced its fourth quarter 2014 results. The company reported cash flow from operations of $1.1 billion ($2.28 per share) for the year and $207 million ($.43 per share) during the fourth quarter of the year, a 47% decrease year over year due to lower oil prices. As a result, the company is undertaking a "comprehensive" review of its costs, with initial efforts identifying $260-$400 million in potential cost…