Suncor Energy earnings rise to $2.02 billion in third quarter | Canada News Media
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Suncor Energy earnings rise to $2.02 billion in third quarter

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CALGARY – Suncor Energy Inc. says it earned $2.02 billion in its third quarter, up from $1.54 billion a year earlier.

The Calgary-based oil giant says its earnings work out to $1.59 per common share, up from $1.19 during the same quarter last year.

Adjusted operating earnings were $1.88 billion, or $1.48 per common share, down from $1.98 billion or $1.52.

The company says the decrease in adjusted operating earnings was primarily due to lower realized crude oil prices and refined product realizations.

Suncor says its upstream production for the quarter totalled approximately 828,600 barrels of oil equivalent per day, up from approximately 690,500 barrels per day in the prior year’s quarter.

The company says its refinery crude throughput increased to 488,000 barrels per day and its refinery utilization was 105 per cent, compared with 463,200 barrels per day and 99 per cent in the prior year’s quarter.

This report by The Canadian Press was first published Nov. 12, 2024.

Companies in this story: (TSX:SU)

The Canadian Press. All rights reserved.



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Major shakeup at Canada Soccer in wake of drone-spying scandal |

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After a lengthy independent report on the Summer Olympic drone-spying scandal, Canada Soccer says women’s head coach Bev Priestman, assistant coach Jasmine Mander and analyst Joey Lombardi will not be back with the organization.  It found the “practice of conducting surreptitious surveillance of opponents” predated this summer’s Paris Olympics. Former coach John Herdman has yet to give evidence. (Nov. 12, 2024)



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Eby pays tribute to former B.C. premier John Horgan |

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B.C. Premier David Eby says John Horgan was an inspirational leader who guided the province’s New Democrats out of the political wilderness after 16 years in Opposition. Eby says his predecessor as premier, who has died after a third bout with cancer, was known for his compassion for people from all walks of life but also his sharp tongue. (Nov. 12, 2024)



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Scheifele, Connor score twice as red-hot Jets down Rangers 6-3

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NEW YORK (AP) — Mark Scheifele and Kyle Connor each scored twice, Connor Hellebuyck made 33 saves, and the Winnipeg Jets won their seventh straight, 6-3 over the New York Rangers on Tuesday night.

Gabriel Vilardi and Vladislav Namestnikov also scored for the Jets, who have now won 15 of their first 16 National Hockey League games.

Will Cuylle, Alexis Lafreniere and Kaapo Kakko scored for the Rangers, who dropped their second straight home game following last Thursday’s 6-1 loss to the Buffalo Sabres.

Hellebuyck improved to 12-1-0 this season.

Scheifele scored 57 seconds into the contest before Cuylle tied it at 13:07 of the first.

Vilardi put the visitors ahead on the power play at 8:58 before Lafreniere tied the game again at 12:51 of the second.

Connor put the Jets ahead for good at 16:03 of the second. Scheifele scored again 1:08 into the third — his ninth of the season — before Kakko narrowed the deficit to 4-3 just 32 seconds later. Namestnikov scored his fifth at 13:08 and Connor completed the scoring into an empty net with 20 seconds to play.

Igor Shesterkin, who gave up five goals and was pulled at home in the loss to Buffalo, made 27 saves for the Rangers.

TAKEAWAYS

Winnipeg stayed perfect on the road with seven straight wins.

KEY MOMENT

Hellebuyck made a lunging save on Reilly Smith at 4:50 of the second and denied Chris Krieder point-blank on a power play later in the period.

KEY STATS

Connor leads the Jets with 22 points. He is one of 11 Winnipeg players with 10 or more points.

Rangers forward Artemi Panarin assisted on Lafreniere’s goal. Panarin leads the Rangers with 22 points — including 10 goals — and has points in 13 of New York’s 14 games this season.

UP NEXT

Jets: Visit the Tampa Bay Lightning on Thursday.

Rangers: Host the San Jose Sharks on Thursday.

___

AP NHL:

The Canadian Press. All rights reserved.



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