Suncor Energy Inc. (NYSE:SU) Q3 2024 Earnings Conference Call November 13, 2024 9:30 AM ET

Company Participants

Troy Little – Senior Vice President, External Affairs
Rich Kruger – President and Chief Executive Officer
Kris Smith – Chief Financial Officer
Shelley Powell – Senior Vice President, Operational Improvement and Support Services
Dave Oldreive – Executive Vice President, Downstream
Peter Zebedee – Executive Vice President, Oil Sands

Conference Call Participants

Dennis Fong – CIBC
Greg Pardy – RBC
Neil Mehta – Goldman Sachs
Menno Hulshof – TD Securities
Manav Gupta – UBS
Roger Read – Wells Fargo Securities
Doug Leggate – Bank of America

Operator

Good day, and welcome to the Suncor Energy Third Quarter 2024 Financial Results 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, Suncor Energy's Senior Vice President of External Affairs. Please go ahead.

Troy Little

Thank you, operator, and good morning. Welcome to Suncor Energy's third quarter earnings 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 our third quarter earnings release as well as in 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 third quarter earnings release. We will start with comments from Rich Kruger, President and Chief Executive Officer; followed by Kris Smith, Suncor's Chief Financial Officer. Also on the call are Peter Zebedee, Executive Vice President of Oil Sands; Dave Oldreive, Executive Vice President, Downstream; and Shelley Powell, Senior Vice President, Operational Improvement and Support Services. Following the formal remarks, we'll open up the call to questions.

Now I'll hand it over to Rich to share his comments.

Rich Kruger

Good morning. Let me start with happy holidays, more on this later. Three months ago, I stated our second quarter was about execution and momentum, execution of major planned turnaround events and momentum in targeted improvement areas. Conversely, our third quarter was about performance and delivery. Performance, largely unencumbered by major maintenance activities and delivery on commitments articulated during our May 21st Investor Day. As usual, Kris will detail quarterly results, I'll provide some color commentary, starting with safety.