Net earnings were $1.485 billion, or $1.01 per common share for the first quarter 2014, compared to the $1.094 billion, or 72 cents per share reported during the same period last year.
The integrated energy company reported operating earnings increased to $1.793 billion, or $1.22 per common share, versus $1.367 billion, or 90 cents per share reported in the first quarter 2013.
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Suncor's record cash flow was $2.880 billion or $1.96 per common share, compared to the first quarter 2013 when it reported $2.284 billion, or $1.50 per common share.
TheStreet Ratings team rates SUNCOR ENERGY INC as a Buy with a ratings score of B-. TheStreet Ratings Team has this to say about their recommendation:
"We rate SUNCOR ENERGY INC (SU) a BUY. This is driven by a few notable strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, reasonable valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins."