| Business Summary | | Suncor
Energy,
Inc.
(Suncor)
is
a
Canadian
integrated
energy
company
that
explores
for,
acquires,
produces,
and
markets
crude
oil
and
natural
gas,
refines
crude
oil,
and
markets
petroleum
and
petrochemical
products.
Suncor
has
three
principal
business
units:
Oil
Sands,
Exploration
and
Production,
and
Sunoco.
Oil
Sands
produces
light
sweet
and
light
sour
crude
oil,
diesel
fuel
and
various
custom
blends
from
oil
sands
mined
in
the
Athabasca
region
of
northeastern
Alberta,
and
markets
these
products
in
Canada
and
the
United
States.
Exploration
and
Production
explores
for,
acquires,
develops,
produces
and
markets
crude
oil
in
Canada
and
natural
gas
throughout
North
America.
Sunoco
refines
and
markets
crude
oil,
markets
a
broad
range
of
petroleum
products
mostly
in
Ontario,
and
markets
petrochemical
products
in
the
United
States. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Suncor
Energy
is
an
integrated
oil
and
gas
company,
whose
three
operating
segments
are
Oil
Sands,
Exploration
and
Production,
and
Sunoco.
For
the
six
months
ended
6/30/01,
revenues
increased
31%
to
C$2.1
billion.
Net
income
applicable
to
Common
and
before
U.
S.
GAAP
increased
36%
to
C$276
million.
Revenues
reflect
increased
commodity
prices.
Net
income
reflects
lower
crude
oil
hedging
losses,
improved
downstream
margins,
and
reductions
in
income
tax
rate. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | J.R. Shaw | Chairman | Richard George | Pres,
Cheif Exec. Officer | David Byler | CFO | Michael Ashar | Exec.
VP, Oil Sands | Michael O'Brien | Execuive
VP, Sunoco |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|