SUNCOR ENERGY Investor Information Q1 2020 Published May 5, 2020 SUNCOR ENERGY
Living our purpose through COVID-19 response Suncors Purpose To provide trusted energy that enhances peoples lives, while caring for each other and the earth What we are doing to promote the safety & well-being of our employees,…
Financial Health & Long Term Value Focus reduction in go-forward Balance sheet strength & financial health is the foundation annualized cash of our strategy & capital allocation framework 4.5B commitments1 (from original 2020…
Integrated Model 2018 / 2019 AVERAGES OF PRODUCTS SOLD TO MARKET REFINED PRODUCTS 50% FFO1 470 kbpd2 SYNTHETIC CRUDE OIL OFFSHORE 25% FFO1 GASOLINE (43%) BITUMEN 309 kbpd2 DISTILLATES (42%) 15% FFO1 10% FFO1 ASPHALT (6%)…
Converting 500 Asset Value Maximization hydrocarbons into consumer products 150.00 2018 / 2019 AVERAGES1 (CAD) (Refer to pages 36 - 39 in Supplemental IR Deck for full reconciliation) 470 Product Value Transportation Cost kbpd2…
Capital Allocation & Breakeven Sensitivities Disciplined Capital Allocation1 O R D E R O F P R I O R I T Y Annual FFO1,3 allocation (CB) Sustained Balance price outlook2 sheet leverage (WTI USD/bbl) metrics Sustaining Economic…
Value Creation & Cost Management Leading FFO/boe2 & Total Operating Expenses Fort Hills & 1B target Value over volume Hebron come cost FFO2/boe Total Operating reductions5 Elevated 2019 costs due to Expenses (B) online & ramp (/boe)…
Operations & Consumer Network 29 year Oil Sands Reserve Life Index1 25 mmbbl storage Western Canada 1,850 PetroCanada sites2 15 mmbbl storage Eastern Canada Only refinery in Colorado 10 mmbbl storage Central US…
The Suncor Advantage1 L E A D I N G S U S T A I N A B I L I T Y T R A C K R E C O R D A C R O S S B U S I N E S S PROCESSING, ENERGY CONSUMER INFRASTRUCTURE SOURCES CHANNELS & LOGISTICS Access global markets through sale of…
Strong Liquidity & Financial Position Liquidity1 Manageable debt maturity profile1 Cash & cash equivalents (2.23B) (C billion as of March 31, 2020) 8B & available credit facilities (5.90B) as of March 31, 2020 (1.25B medium-term note…
2020 Capital Allocation1,2 High grading (C millions) Q1 Rem 20201 Total2 capital spend on ECONOMIC Decline Mitigation 257 455 555 715 815 quick payout, top INVESTMENT E&P 162 400 450 565 615 CAPITAL1 quartile IRR projects 1.4 1.6B…
2B Free Funds Flow Growth Update1,2 Structural, sustained free funds flow1 growth potential for years 2020 2025 inclusive3, through margin improvements, operating & sustaining capital cost reductions, & growth opportunities Projects…
Our Sustainability Journey A multi-decade history of environmental and social action 1 2 A track record of setting and exceeding sustainability targets 2009 Improve key environmental performance indicators by 2015 Energy…
Advancing Low Carbon Energy Today Fort Hills extraction 10% technology Removing heavier intensity carbons from process reduction (2.6 Mt/y CO2e) enhances quality, achieved by yield & lifecycle GHG intensity2 YE 2018 Energy…
2020 Capital & Production Guidance1 2020 Capital2 Economic Investment3 Production4 millions percent boepd Oil Sands 2,500 2,650 25% 410,000 435,000 Oil Sands operations E&P 550 650 95% 55,000 65,000 Fort Hills Downstream 450 550 20%…
Notes SUNCOR ENERGY 15
Advisories Forward-Looking Statements Forward-Looking Statements This Suncors properties; expected synergies and the ability to sustain included because management uses the information to analyze presentation contains certain…
Investor Relations Contacts Trevor Kate Muhammad Kinga Stacey Bell Charlton Usman Uto Hunter Vice President IR Director IR Senior Analyst IR Senior ESG Analyst IR Coordinator IR tgbellsuncor.com kcharltonsuncor.com…