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Suncor Power, Inc. (SU) 2024 Enterprise Replace Name Transcript


Suncor Energy, Inc. (NYSE:SU) 2024 Business Update Call May 21, 2024 9:30 AM ET

Company Participants

Troy Little – VP, IR
Rich Kruger – President, CEO & Director
Peter Zebedee – EVP, Oil Sands
Dave Oldreive – EVP, Downstream
Kris Smith – CFO
Shelley Powell – SVP, Operational Improvement & Support Services

Conference Call Participants

Dennis Fong – CIBC Capital Markets
Greg Pardy – RBC Capital Markets
Neil Mehta – Goldman Sachs
Roger Read – Wells Fargo Securities
Menno Hulshof – TD Cowen
John Royall – JPMorgan.

Operator

Good day, and welcome to the Suncor Energy 2024 Business Update Conference Call. At this time, all participants are in a listen-only mode. After the speaker presentation, there will be a question-and-answer session. (Operator Instructions) Please be advised that today’s conference is being recorded.

I would now like to hand the conference over to your speaker, Mr. Troy Little, Vice President of Investor Relations. Please go ahead sir.

Troy Little

Thank you, operator, and good morning. Welcome to Suncor Energy’s 2024 business update call. Please note that today’s comments contain forward-looking information. Actual results may differ materially from the expected results because of various risk factors and assumptions that are described in this business update presentation, as well as our first quarter earnings release and our current annual information form, both of which are available on SEDAR+, EDGAR and our website, suncor.com.

Certain financial measures referred to in these comments are not prescribed by Canadian Generally Accepted Accounting Principles. For a description of these financial measures, please see our first quarter earnings release. Following the formal remarks, we’ll open up the call to questions.

Now, I’ll hand it over to Rich Kruger, Suncor’s President and Chief Executive Officer.

Rich Kruger

Good morning. As promised, today we will provide a business update focused on the next two to three years, specifically 2024 through 2026. What we will show you is tangible, credible, challenging and bold. What we will convey to you is an unwavering commitment and determination to deliver.



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