Report
Joe Gemino
EUR 101.80 For Business Accounts Only

Suncor With Another Strong Quarter; FVE Unchanged

No-moat Suncor Energy reported production of 736.4 thousand barrels of oil per day, or mbbl/d, during the fourth quarter. Production came in below our expectations, driven by a slower-than-expected ramp-up of Fort Hills. The Fort Hills expansion project produced its first oil in January of this year and is on track to ramp up to 194 mbbl/d by early 2019. Despite the lower-than-expected production, Suncor’s synthetic crude and Syncrude production generated higher-than-expected realizations. Becau...
Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Joe Gemino

Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch