Suncor Energy Inc. (SU)

[Timothy Smith]

3rd quarter highlights:

-- Operating earnings of $1.303 billion ($0.85 per common share) and net earnings of $1.555 billion ($1.01 per common share).

-- Record quarterly cash flow from operations of $2.740 billion ($1.78 per common share) despite planned maintenance at Oil Sands and offshore assets.

-- Record average Oil Sands segment production of 378,900 barrels per day (bbls/d). Total average production of 535,300 barrels of oil equivalent per day (boe/d).

-- Oil Sands cash operating costs of $33.35 per barrel (excluding
Syncrude).

-- Excellent progress at Firebag, highlighted by Stage 3 central processing facilities reaching design capacity and Stage 4 expecting first oil ahead of schedule and costs to be under budget.

-- Outlook for 2012 capital expenditures reduced by $850 million to $6.650 billion.