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Suncor Canada earnings calm investors
July 27, 2018
Source: World Oil

Suncor Canada earnings calm investors

The Syncrude outage last month had investors worrying, but the latest report on second-quarter profits of Suncor Energy have dispelled all the concerns. Despite the Syncrude facility shutoff, Suncor managed to generate $1.87 billion in cash from operations in the last quarter, a rise of 46% from 2Q2017. The Calgary-based oil sands firm has projected 740,000 to 750,000 boed in output this year.

   Read More About : Canada Investment Trade Syncrude Suncor Energy
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