💙 🔷 Not impressed by Big Tech in Q3? Explore these Blue Chip Bargains insteadExplore for free

BRIEF-Suncor Energy q1 EPS c$0.17

Published 2016-04-27, 09:41 p/m
© Reuters.  BRIEF-Suncor Energy q1 EPS c$0.17
SU
-

April 27 (Reuters) - Suncor Energy Inc SU.TO
* Q1 operating loss per share c$0.33
* Q1 earnings per share view c$-0.24 -- Thomson Reuters
I/B/E/S
* Suncor energy reports first quarter 2016 results
* Q1 earnings per share c$0.17
* Oil sands operations production was 453,000 bbls/d in q1
of 2016, compared to 440,400 bbls/d in prior year quarter
* Q1 upstream production was 691,400 barrels boe/d versus
602,400 boe/d in prior year
* On track to achieve $750 million reduction to its original
2016 capital budget
* Q1 cash flow from operations of c$682 million or c$0.45
per share
* Full year outlook range for syncrude production has been
updated from 30,000 - 35,000 bbls/d to 125,000 - 135,000 bbls/d
* Cost reduction initiatives are continuing to drive
efficiencies across operation
* Full year outlook range for suncor total production
increased from 525,000 - 565,000 bbls/d to 620,000 - 665,000
bbls/d
* Sees capital spending of c$6.0 billion - c$6.5 billion
for 2016
* All figures in C$

Source text for Eikon: ID:nMKW3JksPa
Further company coverage: SU.TO

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.