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Suncor Energy reports a 31% jump in Q3 earnings to $2.02 billion despite lower oil prices.
Suncor Energy reported a 31% rise in third-quarter earnings to $2.02 billion, or $1.59 per common share, up from $1.54 billion or $1.19 per share last year.
Adjusted operating earnings decreased to $1.88 billion, or $1.48 per common share, due to lower oil prices.
The company's oil production increased by 20% to 828,600 barrels per day, and refinery utilization reached 105%.
Suncor's board also approved a 5% increase in the quarterly dividend to $0.57 per share.
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Suncor Energy reporta un aumento del 31% en las ganancias de Q3 a $2.020 millones a pesar de los precios más bajos del petróleo.