Edition:
India

Suncor Energy Reports Q4 FFO Per Share of C$1.66


Thursday, 6 Feb 2020 

Feb 6 (Reuters) - Suncor Energy Inc ::SUNCOR ENERGY REPORTS FOURTH QUARTER 2019 RESULTS.Q4 FFO PER SHARE C$1.66.OPERATING EARNINGS WERE $782 MILLION ($0.51 PER COMMON SHARE) IN Q4 OF 2019.SUNCOR'S NET LOSS WAS $2.335 BILLION ($1.52 PER COMMON SHARE) IN Q4 OF 2019.OIL SANDS OPERATIONS PRODUCTION WAS 418,100 BBLS/D IN Q4 OF 2019, COMPARED TO 432,700 BBLS/D IN PRIOR YEAR QUARTER.SUNCOR ENERGY- SUNCOR'S SHARE OF PRODUCTION FROM FORT HILLS AVERAGED 87,900 BBLS/D IN Q4 OF 2019, COMPARED TO 98,500 BBLS/D IN PRIOR YEAR QUARTER.SUNCOR- Q4 TOTAL EXPLORATION & PRODUCTION PRODUCTION INCREASED TO 115,900 BARRELS OF OIL EQUIVALENT PER DAY FROM 90,200 BOE/D IN PRIOR YEAR QUARTER.Q4 TOTAL UPSTREAM PRODUCTION WAS 778,200 BOE/D VERSUS 831,000 BOE/D IN THE PRIOR YEAR QUARTER.NO CHANGES HAVE BEEN MADE TO SUNCOR'S PREVIOUSLY ANNOUNCED 2020 GUIDANCE.QTRLY SUNCOR’S SHARE OF SYNCRUDE PRODUCTION WAS 156,300 BBLS/D VERSUS 209,600 BBLS/D IN THE PRIOR YEAR QUARTER.ALL FIGURES ARE IN C$.