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'Muskrat off their backs': How a string of deals to save major projects bodes well for Newfoundland's economic prospects

'Muskrat off their backs': How a string of deals to save major projects bodes well for Newfoundland's economic prospects
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The oilpatch rebound is here: Suncor, Cenovus swing to profit amid higher oil prices, reopening economies

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Suncor Energy Inc. and Cenovus Energy Inc., two of Canada’s three largest oil companies, reported better-than-expected quarterly profits Thursday and announced they cumulatively spent close to $2 billion on a combination of share buybacks, dividends and debt repayment in the second quarter.
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The oilpatch rebound is here: Suncor, Cenovus swing to profit amid higher oil prices, reopening economies Back to video
Both companies have enjoyed a dramatic turnaround in oil prices over the past year, as the West Texas Intermediate benchmark is up 78 per cent over the past 12 months. WTI rose 2 per cent Thursday, or US$1.17 per barrel, to US$73.56 per barrel. ....

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Cenovus, Suncor swing to profit amid higher oil prices, reopening economies

Cenovus, Suncor swing to profit amid higher oil prices, reopening economies
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Cenovus, Suncor swing to profit amid higher oil prices, reopening economies

Cenovus, Suncor swing to profit amid higher oil prices, reopening economies
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Cenovus, Suncor swing to profit amid higher oil prices, reopening economies

Cenovus, Suncor swing to profit amid higher oil prices, reopening economies
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