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Suncor Energy buy Riccardo buy

Startpreis
41,47 €
13.05.08
Kursziel
44,00 €
Rendite (%)
7,14 %
Endpreis
44,43 €
29.05.08

Kommentare von Riccardo zu dieser Einschätzung

In der Diskussion Trading Suncor Energy

Geschrieben am 29.05.08
Einschätzung Buy
Kursziel 44,00
Veränderung

(Vom Mitglied beendet)

In der Diskussion Suncor Energy diskutieren

Geschrieben am 13.05.08
Einschätzung Buy
Kursziel 44,00
Veränderung

Suncor earnings up on higher oilsands sales

Suncor Energy Inc. on Thursday reported first quarter 2008 net earnings of $708 million, or $1.53 per common share, compared to $576 million or $1.25 per common share in the first quarter of 2007. Cash flow from operations was $1.161 billion in the first quarter of 2008, compared to $825 million in the same period as last year. The increase in earnings was primarily a result of higher price realizations on the company's oilsands sales, as benchmark crude oil prices continued to rise, Suncor said in a release. This was partially offset by increased oilsands operating expenses and increased oilsands royalties, as well as reduced margins in the refining and marketing business. Scheduled maintenance at both Suncor's Sarnia refinery and oilsands operations is expected to contribute to improved long-term operational performance, said the company. Suncor expects the work to be completed in early May.