Market Impact: Positive. Suncor will own a majority of Syncrude by mid-year. We are not fussed that cash flow missed expectations due to weak price realizations, as operating results were strong and unit costs declined once again.
28 Apr 2016
BUYING ANOTHER 5% OF SYNCRUDE, DISCLOSES 1Q16 RESULTS
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BUYING ANOTHER 5% OF SYNCRUDE, DISCLOSES 1Q16 RESULTS
Suncor Energy Inc. (SU:TSE) | 0 0 (-0.3%) | Mkt Cap: 69,601m
- Published:
28 Apr 2016 -
Author:
Michael P. Dunn -
Pages:
7
Market Impact: Positive. Suncor will own a majority of Syncrude by mid-year. We are not fussed that cash flow missed expectations due to weak price realizations, as operating results were strong and unit costs declined once again.