Oil patch earnings season will bring more red ink

Refining margins were also strong in the quarter. That will help the big so-called integrated companies, such as Imperial Oil and Suncor, which refine oil and sell gasoline. As a result, Ollenberger wrote that he expects the production of four key oilsands players: Suncor, Cenovus, Husky, and Imperial Oil to be lower by 25 per cent in the quarter.