Insight
Canada oil sands: financial focus in Q3 2021
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The third quarter of 2021 saw a return to consistent operating performance cast upon the backdrop of seven-year high oil prices. Operators continued their focus on reliability and optimization, as some projects returned from planned maintenance and turnovers in the previous quarter. Strong earnings were used to shore up balance sheets through debt repayment, and through share buy backs, to take advantage of opportunistic low to moderate share pricing.
Table of contents
- Executive summary
- Benchmark crude prices
- WCS price performance
- Bitumen and SCO realisations
- In situ production
- Mining production
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Earnings, shareholder capital return & debt reduction
- Share repurchases
- Dividends
- Debt reduction
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Other topics
- Crude-by-rail
- Oil Sands Pathways to Net Zero
- Other news
Tables and charts
This report includes the following images and tables:
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Benchmark pricesBenchmark price performanceHistorical WCS pricing
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Realised pricingIn situ projects producing >40kbdIn situ projects producing <40kbdMining project productionCrude-by-rail
What's included
This report contains:
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