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Canadian Oil Sands Surged Distrib Despite Lower 2Q Net
Aug. 20, 2009 12:07AM PST
Oil and Gas InvestingCanadian 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.
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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