Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (83850)	7/23/2020 7:23:17 AM
From: Goose94	Read Replies (1) \| Respond to of 202704

Suncor Energy (SU-T) swung to a loss in the second quarter ($1.49 billion on operating basis, $614 million net) as COVID-19’s demand destruction and OPEC+ turmoil weighed on prices. The big oil sands producer has been doing what it can to help shelter itself from the chaos; indeed its expenses fell to $2.16 billion from $2.8 billion a year earlier and Suncor said it’s on track to achieve its goal of reducing operating costs by $1 billion this year. BNN.ca