The Globe and Mail reports in its Wednesday edition that Suncor said Tuesday it earned $1.88-billion in the second quarter of 2023, down from $4-billion in the same period last year when oil prices were higher. The Globe's Emma Graney writes that it took a $275-million restructuring charge in the quarter related to the previously announced job-cut plans. As a result of this restructuring charge, Suncor ($41.91, down 49 cents) said its adjusted funds from operations for the three months ended June 30, amounted to $2.7-billion or $2.03 a share, compared with $5.3-billion or $3.80 a share in the prior year's quarter. During a conference call Tuesday, chief executive officer Rich Kruger addressed a significant cyberattack on Suncor on June 25, when an unidentified third party gained access to the company's IT network. Suncor isolated its operational systems and backup databases as a result. With employees unable to access e-mail, the company was forced to establish a separate, secure IT system. While the incident "certainly caused disruption," he said it did not have a material impact on Suncor's financial and operating results. "I'd rather have a root canal than go through one of these attacks again," Mr. Kruger said.