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Suncor Announces Q4 2014 Results
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Suncor Energy has reported Q4 2014 results.
Steve Williams, president and chief executive officer said: "Suncor has built a strong balance sheet in preparation for a lower crude price environment.
Our focus on capital discipline has been integral to our financial strength. Most recently, we finished the year $300 million below our revised 2014 capital guidance of $6.8 billion, and we followed that up with an announcement to reduce our 2015 capital program by $1 billion in response to lower crude oil pricing. We have demonstrated our ability to spend within our means and plan on doing so through this downturn."
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