Suncor Energy tops profit estimates with higher production, as Canada’s oil sands sector remains resilient

Suncor posts record Q2 production but lower oil prices still dent bottom line

Suncor Energy Inc. managed to squeeze more oil out of its operations in the second quarter while also completing multiple major projects, but its earnings couldn't escape lower global oil

Suncor Beats Expectations With Q2 Results

Canadian oil heavyweight Suncor Energy reported higher-than-expected earnings for the second quarter, booking a net result of $820 million and returning over $1 billion to shareholders in the period. The company benefited from an increase in crude oil production during the second quarter that helped it compensate for lower overall energy commodity prices, accumulating some C$2.7 billion ($1.96 billion) in funds from operations, and C$1 billion (…

Suncor Energy tops profit estimates with higher production, as Canada’s oil sands sector remains resilient

Canadian producers benefit from Trans Mountain pipeline expansion, which increased capacity to 890,000 barrels per day

Suncor Energy Tops Second-Quarter Profit Estimates