Canadian Oil Sands Surged Distrib Despite Lower 2Q Net

- August 20th, 2009

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.
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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

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