Petro-Canada Reports Losses

摘要

Petro-Canada, which is in the process of being acquired by Suncor Energy, reported a first-quarter loss on Tuesday on plunging oil and natural gas prices. The company lost C$47 million (US$38.5 million), or C10￠/share, down from a profit of C$1.08 billion, (C$2.22/share) in the year-earlier quarter.