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Provider: Thomson Reuters Stock Report
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Provider: MacroRisk Analytics/EconomicInvestor

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Suncor Energy Inc Lowers FY 2013 Production Guidance

Thursday, 31 Oct 2013 01:14am EDT 

Suncor Energy Inc announced that it has reduced total production guidance for fiscal 2013, to 545,000 boe/d - 590,000 boe/d from 570,000 boe/d - 620,000 boe/d, as a result of decrease in outlook for International reflects the shut in of production in Libya due to political unrest and labour disputes. Decrease in outlook for Syncrude reflects the impact of unplanned outages in upgrading, and the extension of planned maintenance for one coker unit and the LC Finer in the year-to-date period. Decrease in outlook for North America Onshore reflects the sale of a portion of natural gas business in Western Canada, which closed on September 26, 2013. 

Company Quote

0.76 +2.44%
19 Dec 2014