Suncor Investor Information Published July 29, 2015
Canadas leading integrated energy company Growing oil sands business with complementary upstream & downstream operations 59B enterprise value1 June 30, 2015 Fort Hills* Oil Sands 560 mboe/d Firebag* 99% oil production Edmonton…
Profitable growth with a significant resource base Production Outlook1 Low decline 800 mb/d long-life resource base Pre-sanction 35+ 600 37 Offshore existing and in flight year Reserve Life Index3 2P basis 400 Oil Sands…
Strong cash generation in high and low price environments C/boe 100 Brent C/boe 75 50 25 0 2011 2012 2013 2014 2015 First Half Cash flow from operations1 Free cash flow1 4 1 See Slide Notes and Advisories.
Financial resilience Pre-funding major growth projects Living within our means 6.9B Credit unutilized facilities4 5B 4.9B Fort Cash &Hills & cash equivalents Hebron 1.1B 3.6B Fort Hills & Hebron capital projected…
Suncor value proposition Capital allocation priorities 6
Returning cash to shareholders Quarterly dividend per 29 share (+4% in Q3 2015) Top quartile in global peer group Five year dividend growth 200% 190% including Q3 increase 20% Suncor 5-year dividend CAGR1 100% 0%…
Operational excellence at Suncor Improving environmental, safety and operational performance Environment Safety Oil Sands production R&M thruput Reported environmental & Recordable injury incidents mb/d (excluding Syncrude) mb/d…
Disciplined capital and cost management Suncor Oil Sands Capital & cash flow from operations1 Prices and cash operating costs1 C billions C/bbl 100 Oil Sands Average3 CFOPs1 Sales Price 9.7 9.7 9.4 9.1 75 Alberta Benchmark3…
Oil sands growth maximizes the value of our asset base Debottlenecks, expansions and growth projects are expected to raise total Oil Sands production to up to 600 mb/d before the end of the decade1 Firebag Syncrude Proving out 5-10…
Fort Hills ramp-up is tracking key milestones Illustrative annual cash flow profile for peak production of 73 mb/d1 construction hours 13M without a reported environmental or regulatory non-compliance 89% engineering complete as…
Integrated operations and access to global market pricing Able to maximize the value of our crude oil production through integration Oil Sands 80% WTI-based prices Offshore and International Upstream Crude Production1 67%…
Market access strategy for inland oil production Suncor has over 600 mb/d of near-term access to globally priced markets1 Upgrader Diesel Current1 Edmonton Existing pipelines and hubs 80+ mb/d rail loading and offloading…
Leading Technology Development Investing 150 million per year in R&D1 Targeting increased production and profitability while reducing environmental footprint Enhanced Solvent Extraction Incorporating Electromagnetic Heating (ESEIEH)…
Meaningful progress on reducing carbon footprint Oil Sands GHG Intensity1 0.20 55% reduction in Oil Sands GHG intensity1 since 1990 Tonnes CO2e per boe 0.15 0.10 Range of US crude oils2 California conventional heavy 94%…
Appendix 16
2015 Capital and production guidance1 Production guidance revised upward by 10 mb/d Capital guidance lowered by 400 million 2015 Capital Growth Capital Production millions Percent2 boe/d Oil Sands Operations 1,950 2,200 15%…
High quality mining, in situ and upgrading oil sands portfolio1 Base Plant Syncrude 350,000 b/d capacity Syncrude operated Suncor working interest 100% 42,000 b/d capacity (SU WI) 1,766 mmbbls 2P reserves Suncor working interest…
Offshore oil projects with 470 million barrels of 2P reserves1 Terra Nova Hibernia Suncor Energy operated ExxonMobil operated Suncor working interest 37.675% Suncor working interest 20% 48 mmboe 2P reserves (SU WI) 104 mmboe 2P…
Refining & Marketing optimizing the value of integration Peers1 R&M Net Earnings1 High 2015 prices and crude costs2 15 US/bbl of capacity Average C/bbl, for the first six months of 2015 10 * * * Suncor Low Brent 5 * 54…
Comparing Typical Attributes of North American Oil Plays1 Tight Oil SAGD Mining Offshore Initial Capital Low Medium High High Reinvestment Cycle Short Medium Ultra long Medium Operating Costs Low Medium High Medium Production…
3 Financial strength: A low investment grade rating (Moodys/S&P/DBRS) strong balance sheet Total debt to Net debt to CFOPs2 capitalization1 excess liquidity Under 2x target 20%-25% Target conservative debt structure 24% 25%…
Investor Relations Contacts Steve Douglas Mark Illing Leigh MacComb Samantha Enns Vice President IR Manager IR Analyst IR Associate IR Visit us at the Investor Centre on suncor.com 1-800-558-9071 investsuncor.com
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