Heavy Oil Investing News » Canadian Oil Sands Surged Distrib Despite Lower 2Q Net

Canadian Oil Sands Surged Distrib Despite Lower 2Q Net

August 10, 2009 @ 8:38 pm In Heavy Oil Company News

Canadian Oil Sands Trust posted significantly lower second-quarter earnings, hurt by lower crude oil prices and lower production in the quarter, but surged its distribution on confidence in Syncrude operations, strengthening crude oil prices and an improved liquidity position.

For full story, click here ^[1]

Article printed from Heavy Oil Investing News: http://heavyoilinvestingnews.com

URL to article: http://heavyoilinvestingnews.com/723-canadian-oil-sands-surged-distrib-despite-lower-2q-net.html

URLs in this post:

[1] here: http://online.wsj.com/article/BT-CO-20090727-716774.html