Canadian Press: Canadian Oil Sands Ltd., which owns the biggest piece of the massive Syncrude oil sands mine in northern Alberta, posted a dip in fourth-quarter profits as its crude fetched a lower price.
The Calgary-based company says net income was $221-million, down from $232-million a year earlier.
The earnings amounted to 46 cents a share, down from 48 cents per share a year earlier and missing the average analyst estimate of 50 cents per share, according to Thomson Reuters.
Cash flow from operations...