April 29 Suncor Energy Inc's first
quarter operating profit beat analyst expectations, boosted by
higher oil sands production and better profitability in refining
Canada's largest oil and gas company's first quarter
operating profit was C$1.367 billion ($1.35 billion), or C$0.90
per share, compared with C$1.318 billion, or C$0.84 per share,
in the year-ago period.
The result beat the average analyst forecasts of 75 Canadian
cents per share, according to Thomson Reuters I/B/E/S.
Quarterly net profit was C$1.094 billion, or C$0.72 per
share, compared with a profit of C$1.446 billion, or C$0.93 per
share, a year ago.