Suncor Energy annual report 2003

Suncor Energy Inc. is an integrated Canadian energy company with three operating segments: (1) oil sands production of light sweet and light sour crude oil, diesel fuel and other custom blends from oil sands mined in the Athabasca region of northeastern Alberta, (2) natural gas exploration, acquisition development, production, transportation and marketing of natural gas and crude oil in Canada and the United States, and (3) Sunoco, the marketing of petroleum and petrochemical products, mostly in Ontario and Quebec. This annual report includes the customary consolidated financial statements including the accounts of Suncor Energy Inc. and its subsidiaries and the company's proportionate share of the assets, liabilities, revenues, expenses and cash flows of joint ventures. The report states that the steady increase of Suncor's share price over the last decade reflects the company's growing oil production and expanding earnings and cash flow. It also reflects investor confidence in Suncor's ability to generate high returns. tabs., figs