CALGARY, Alberta, April 27 (Reuters) - Suncor Energy Inc
SU.TO , Canada's largest oil and gas company, on Wednesday
reported a first-quarter profit driven by foreign exchange
gains, but it fell to an operating loss on lower oil prices.
The Calgary-based company reported a net profit of C$257
million, or 17 Canadian cents per share, compared with a loss of
C$341 million, or 24 Canadian cents per share, in the same
quarter of last year.
Excluding one-time items, Suncor posted an operating loss of
C$500 million, or 33 Canadian cents per share, compared with an
operating profit of C$175 million, or 12 Canadian cents per
share, in the year-ago period.