Straits Times Index
3,264.53 -35.51 (-1.08%) S&P 500
5,187.70 +6.96 (+0.13%) Dow
38,884.26 +31.99 (+0.08%) Nasdaq
16,332.56 -16.69 (-0.10%) Bitcoin USD
62,310.40 -1,842.77 (-2.87%) CMC Crypto 200
1,287.70 -6.97 (-0.54%)
SU Jul 2024 42.000 put
| Previous close | 4.3500 |
| Open | 4.4000 |
| Bid | 4.4500 |
| Ask | 4.6000 |
| Strike | 42.00 |
| Expiry date | 2024-07-19 |
| Day's range | 4.3500 - 4.4000 |
| Contract range | N/A |
| Volume | |
| Open interest | 40 |
ZacksSuncor Energy (SU) Tops Q1 Earnings and Revenue Estimates
Suncor Energy (SU) delivered earnings and revenue surprises of 16.67% and 7.62%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
ReutersSuncor Energy beats first-quarter profit estimates, hits record production
(Reuters) -Canada's second-largest oil producer Suncor Energy beat first-quarter profit estimates on Tuesday, boosted by strong demand for refined products and record oil sands production. The Calgary-based company said total upstream production was 835,300 barrels per day (bpd), a record for the first quarter and up 12.6% from a year earlier, while oil sands output hit an all-time high of 785,000 bpd. The production records suggest Suncor is making progress in improving safety and performance in its oil sands business after a string of fatalities and operational setbacks hurt the company's share price and unnerved investors in recent years.
- Reuters
UPDATE 3-Suncor Energy beats first-quarter profit estimates, hits record production
Canada's second-largest oil producer Suncor Energy beat first-quarter profit estimates on Tuesday, boosted by strong demand for refined products and record oil sands production. The Calgary-based company said total upstream production was 835,300 barrels per day (bpd), a record for the first quarter and up 12.6% from a year earlier, while oil sands output hit an all-time high of 785,000 bpd. Suncor appointed former Exxon Mobil executive Rich Kruger as CEO last year, after previous CEO Mark Little resigned in 2022.
