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Fire and Other Operational Items Bite Into Suncor Energy's Earnings... Again


Fire and Other Operational Items Bite Into Suncor Energy's Earnings... Again

Suncor Energy (NYSE: SU) can't seem to catch a break when it comes to its oil-sands operations. Last year, there was the devastating effect of wildfires in Alberta. This year's fire at its Syncrude oil sands project wasn't a natural disaster on that scale, but it's having a significant impact on the company's results.  

This past quarter's results showed the effects of this problem, as well as management's efforts to get the facility back into tip-top shape. Here's a look at the impact the Syncrude outage and other operational shutdowns had on Suncor's most recent quarter, and whether these issues could have any lasting impact.

Image source: Getty Images.

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Source: Fool.com

Suncor Energy Stock

€36.21
-0.190%
Suncor Energy shows a slight decrease today, losing -€0.070 (-0.190%) compared to yesterday.

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