Suncor Energy Inc. (NYSE:SU) Q2 2023 Earnings Call Transcript

Rich Kruger: Hear the number and then forget it because it’s not precise. But yes, we talk about it here, and what kind of a business environment in a WTI kind of world do we need to be in to be able to pay our priority bills. Our ongoing operating costs and I put dividend and sustaining capital, taking care of the assets we have, I put those in that priority bills. Dividend is sacrosanct to me. And I’ve learned in other areas, you got to take care of what you have. You got to feed the kids you have before you have any more kids. And sustaining capital is very much that take care of the asset base you have. And you want to be able to do that in good business environments, in weaker business environments. So, when I talk about breakeven, I include dividends and sustaining capital. What kind of business environment do we need to be in, so we have resiliency and we can withstand or ride through when times are — they’re not as strong as we’d like them to be.

Operator: Thank you. I’m showing no further questions in the queue at this time. I would now like to turn the call back over to Mr. Troy Little for any closing remarks.

Troy Little: Thank you for joining us today. Please don’t hesitate to reach out to us, should you have any follow-up questions. Operator, you can close the call.

Operator: Thank you all for participating. This concludes today’s program. You may now disconnect.