Edition:
India

Suncor Energy Q1 FFO Per Share C$1.64


Thursday, 2 May 2019 

May 1 (Reuters) - Suncor Energy Inc ::SUNCOR ENERGY REPORTS FIRST QUARTER 2019 RESULTS.Q1 FFO PER SHARE C$1.64.QTRLY OPERATING EARNINGS PER SHARE $0.77.QTRLY TOTAL OIL SANDS PRODUCTION WAS 657,200 BARRELS PER DAY (BBLS/D), COMPARED TO 571,700 BBLS/D IN PRIOR YEAR QUARTER.SUNCOR ENERGY- EXCLUDING CAPITALIZED INTEREST, CO INVESTED $875 MILLION ON CAPITAL EXPENDITURES IN Q1 2019, DECREASE FROM $1.214 BILLION IN PRIOR YEAR QUARTER.TOTAL UPSTREAM PRODUCTION WAS 764,300 BOE/D DURING Q1, COMPARED TO 689,400 BOE/D IN THE PRIOR YEAR QUARTER.SUNCOR ENERGY - SHARE OF SYNCRUDE PRODUCTION WAS 182,200 BBLS/D IN THE FIRST QUARTER OF 2019, COMPARED TO 142,300 BBLS/D IN PRIOR YEAR QUARTER.Q1 EARNINGS PER SHARE VIEW C$0.53 -- REFINITIV IBES DATA.SUNCOR ENERGY - PRODUCTION VOLUMES AT E&P WERE 107,100 BOE/D IN THE FIRST QUARTER OF 2019, COMPARED TO 117,700 BOE/D IN THE PRIOR YEAR QUARTER.SUNCOR ENERGY - FOR FY WCS AT HARDISTY HAS BEEN UPDATED TO US$45.00 FROM US$33.00 ,NEW YORK HARBOR 3‑2‑1 CRACK UPDATED TO US$17.00 FROM US$18.50.