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Suncor Energy's adjusted earnings decline 34 per cent year-over-year

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The Calgary-based energy giant's net earnings included a $302 million gain on the sale of the company's wind and solar assets

CALGARY — Suncor Energy Inc. says it earned $2.05 billion in the first quarter of 2023, down from $2.95 billion in the same quarter of 2022.

On an adjusted basis, Suncor says its operating earnings for the first quarter were $1.81 billion, or $1.36 per common share, a 34-per-cent decrease year-over-year.

 

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Suncor Energy's adjusted earnings decline 34 per cent year-over-year - BNN BloombergSuncor Energy says it earned $2.05 billion in the first quarter of 2023, down from $2.95 billion in the same quarter of 2022.
Source: BNNBloomberg - 🏆 83. / 50 Read more »