Suncor Energy buy Riccardo
Summary
This prediction ended on 29.05.08 with a price of €44.43. The BUY prediction by Riccardo finished with a performance of 7.14%. Riccardo has 50% into this predictionPerformance without dividends (%)
| Name | 1w | 1m | 1y | 3y |
|---|---|---|---|---|
| Suncor Energy | -3.556% | -3.556% | 32.033% | 87.493% |
| iShares Core DAX® | -0.922% | -1.078% | 12.165% | 16.796% |
| iShares Nasdaq 100 | 0.371% | -0.556% | 38.622% | 49.370% |
| iShares Nikkei 225® | 2.224% | -2.825% | 19.015% | 4.643% |
| iShares S&P 500 | -0.026% | -0.788% | 28.485% | 42.479% |
Comments by Riccardo for this prediction
In the thread Suncor Energy diskutieren
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.