That's all for me, then. Right, okay. We understand the risk management associated with it. Couple questions. In the past, you have highlighted some of the issues of ramping up Fort Hills because of the production curtailments. I'll take that one, Mark. We think this is somewhat temporary that over the next 18 months or so, as we go through COVID, and such because essentially, all shale and associated gas associated with the incremental drilling has been shut down. You guys are very material consumer of natural gas and obviously, we've seen that market shift pretty materially to the upside. The question is this, how fast will we get there? Doing this allows us to strengthen our financial advantage, meet our target of returning 6% to 8% cash returns to shareholders, and to grow the cash flow of the company by 5% a year. The Canadian Dollar has obviously strengthened quite a bit in the last few months. Do you think that had anything to do with this incident? So we only own about half of them but one of the things we're finding, Greg, is and you see them the downstream results when we're 15% above the Canadian market, we think this direct connection to the consumer and seeing the change in consumer habits and behaviors and stuff has been a real advantage and being able to deliver the downstream results. If you look at it, we'll provide some of this when we get into guidance, Menno, as we go forward here. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 3.69%. Yes, I mean, we're just trying to get this all finalized, so it wasn't intended as a guidance comment, it's just directionally correct. The owners have been working hard to figure out how do you collapse the cost structure to get to that $30. If you look at the cost reductions, we have from headcount right now, it would add something like $300 million to $400 million of structural change in our cost structure and then even some of the implementations that we did this year, we think about 30% to 40% of that structural. And with respect to the comments you made about the turnaround schedule, every five-year turnaround schedule for next year. IA "Marketing Sentinel" seeks to provide the news and analytical information to both American and foreign audiences, events and events in the USA and all over the world reliably, objectively and promptly. But we like the offshore base, because it actually generates - we're so physically concentrated in a very small geographic area that it gives us some really good diversification to our cash flow resilience, which has been important during the forest fires, it was important during COVID, quite frankly, and so we like the asset base, and we think it's a real good complement to the company. Well, when we when we go down, because we're taking our big operator [ph] at oil sands offline for its one in five-year turnaround. We expect the bidirectional pipelines to enhance integration between these assets and provide increased operational flexibility. We have - not only do we have our largest upgrade turnaround, Syncrude has their big coker offline next year as well. The first question is just on refining. And so, for sure, every single time we have an incident, we go through and try and understand, how could this happen with all the controls and processes we have in place? Good morning. Thanks for taking the question. We've announced some additional structural reductions, but as Mark said, some other benefit will be offset by restructuring charges. We're also getting asked a lot about energy transition and our investment approach going forward either organically or inorganically. Your next question is from William Lacey with ATB Capital. Certain financial measures referred to in these comments are not prescribed by Canadian GAAP. The Company operates in three business segments: Oil Sands, Exploration and Production (E&P), and Refining and Marketing. Despite continued COVID-19 pandemic restrictions resulting in lower demand and challenging cracking margins, our downstream business once again proved its strength, contributing nearly $600 million of funds flow from operations in the quarter. Earnings, adjusted for non-recurring costs, were 15 cents per share. With me this morning are Mark Little, President, Chief Executive Officer; and Alister Cowan, Chief Financial Officer. In the meantime, we fully expect to continue to leverage our investments and produce oil resources for many decades to come with better and better ESG results. And it's obviously really critical here. Thanks, Alister. I don't, because lots of governments are working very hard to keep their economies going. I'm very comfortable with where we are today, particularly if we're in this sort of low $40 oil price level. How should we think about that number in 2021 given footholds [ph], some of the other changes that's taking place in the portfolio as well as cost cuts? If I look at the debt metrics, [indiscernible] will reverse when we receive the refund in 2021. Just curious how close that is going to get you, I think to the objectives you laid out a few years back, which would have been sort of a sub $30 OpEx and 90% utilization rate. Touch device users, explore by touch or with swipe gestures. At this time all participants are in a listen-only mode. So there's a - there's a few other contributing factors to that. Ladies and gentlemen, this does conclude today's call. 7 have an estimated revenue figure of $7.03 Billion for the next quarter concluding in June 01, 2018. And so these are real structural changes that are fully driven by our journey around Suncor, 4.0, and such some of the timings just getting adjusted based on COVID. Suncor Energy, Canada's second-biggest oil producer, will keep capital spending flat next year if North American oil prices remain around current levels, Chief Executive Mark Little said on Thursday. And that was the cause of the incident, it should not have happened with all the standards and such that are in place. And with that, I'll turn it back to Trevor. Okay. These technology investments reduced manual work, standardize processes, increase efficiency and clerical accuracy while reducing the need for supervision and review. At the end of March, you'll recall we announced a $1 billion reduction to our operating costs in 2020 compared to 2019. The forward dividend is 0.63 at a share yield of 5.15%. Our investments in any form of energy are always governed by our ability to fund the projects to generate competitive returns on capital and contribute to our ESG targets, specifically, our 2030 goal of reducing greenhouse gas emissions intensity by 30%. Suncor Energy Inc. (SU) drops -3.49%, marking lose by bears, Large Cap Stock Datadog, Inc. (DDOG) is a Overweight – Analysts. Suncor Energy Inc. (NYSE:SU) Q3 2020 Earnings Conference Call October 29, 2020 9:30 AM ET Company Participants. And Mark, you said in the press release, but I think a lot of folks agree that the operations this year has been not where you want them to be. That's fair. And maybe the one thing I would add to that is, it's interesting, because we've been talking about this now for, I don't know, a couple of years where we've been talking about generating this incremental $2 billion and such. The second train has been in operation throughout October and the asset is now on track to achieve our Q4 targeted guidance of 120,000 to 130,000 barrels a day. And, and it's one of the reasons that our productions only up 10% because if it wasn't for the turnaround, we'd be up further. The phase ramp up at Fort Hills introduces new volumes at a very low incremental operating costs and lays the foundation for further cost structure improvements. Thanks Mark. Nobody really knows the second wave of COVID as a bit of a challenge. Ladies and gentlemen, thank you for standing by and welcome to the Suncor Energy Third Quarter 2020 Financial Results Call. Understood. Can you just talk about the durability of that refining utilization as you see it and given how challenged most of North America refining is right now, whether you see your ability to sustain that as we go through 2021? The results topped Wall Street expectations. And I think we have a great capacity to be able to start to look at what we want to do and shareholder returns as we move into 2021. Could you give us more color on what drove this? Yes, this incident happened. So if you take our headcount reductions, what's the structural cost reductions we ended up getting this year, you're getting very close to our 2023 target. The energy company posted revenue of $4.85 billion in the period, missing Street forecasts. Across the company, our costs and capital spend is tracking very well with our revised guidance. The projected low price target is $15.12 while the price target rests at a high of $40.13. I appreciate the remark and then just a follow up on the upstream. We did not cut our capital budget, operating costs and reduce our dividend to leverage up our balance sheet to do M&A. We've accelerated some maintenance originally scheduled for 2022, allowing us to fully leverage the new additional emulsion handling and steam infrastructure. All of our refineries, actually good performing refineries and so it depends like our Edmonton refinery tends to be a little stronger, but partly because it runs very heavy, crude and physically integrated with oil sands. We've said in the past calls at our $35 WTI price, we would expect a similar capital profile to 2021 as 2020. I think we're sitting somewhere between $2.2 billion and $2.4 billion this year. Forgive me if I missed it, but did you or can you address the root cause of the incident there in August, and maybe talk about the symptomatic changes since then? Great. Yes, right now, we don't have any specific plans to be able to increase that, although we're looking at it and spending quite a bit of time just trying to understand how all these assets are performing. We then try and understand, okay, well, what happened? You know, there's lots of noise going on around the debt account metric, particularly when you saw some of the impairments who have taken some of the accounting issues. But when you look at it, yes, like Syncrude is offline with their big coker next year, so that's actually the biggest event that they have is when the big coker goes off, and U2, like I said, is the biggest event that we have in oil sands when we go through this. Your next question comes from the line of Asit Sen with Bank of America. Growth estimates for the current quarter are 28.2% and 300% for the next quarter. But it's amazing how when we go and look at other fundamental indicators, like right now we're on track, probably to have the best safety year in the history of the company. So quite frankly, I'm not really expecting it to get there in 2021, but this is an area that we're continuing to work with our owners and we'll let you know as we get out with guidance. So on the reliability side, our target of 90%, I think this will actually give us the infrastructure we need to be able to deliver it.