Suncor announces record third quarter; operations continue in Syria despite troubles
Suncor Energy Inc. (NYSE:SU), Canada's largest energy company, announced third quarter record earnings of $1.287 billion or 82 cents per share.
Operating earnings almost tripled to a record $1.789 billion or $1.14 per common share.
On the news, which was announced on Thursday, the company's shares were up 1.8% to $31.88.
Production from oil sands was a bright spot for the company with an increase from 306,600 to 326,600 barrels a day; however cash costs increased $3.30 a barrel.