Suncor energy reports qtrly operating loss $0.98 per common share

Suncor energy reports second quarter 2020 results.q2 ffo per share c$0.32.qtrly operating loss $0.98 per common share.suncor energy - suncor's net loss was $614 million ($0.40 per common share) in q2 of 2020.remain on track to achieve our $1 billion operating cost reduction target by end of 2020.total upstream production was 655,500 boe/d during q2 2020, compared to 803,900 boe/d in the prior year quarter.suncor energy - updated guidance for fy for brent sullom voe from us$34/bbl to us$42/bbl.updated guidance for fy wti at cushing from us$30.00/bbl to us$39.00/bbl.full year current income tax recovery assumptions have decreased from $900 million - $1.2 billion to $500 million - $800 million.full achievement of $2 billion free funds flow target is anticipated to be realized in 2025.q2 earnings per share view c$-0.60 -- refinitiv ibes data.
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