We continue to progress each of our strategic focus areas
Safety and operational reliability
Advance industry leadership in safety and system reliability
Improve on our health, safety and compliance performance
Progress maintenance and integrity programs across our businesses
Extend growth
Execute on our C$39B secured project backlog
Grow our base business by optimizing, modernizing and expanding our assets, growing utility rate base, and advancing renewable projects
Advance our export positions in LNG and crude
Collaborate across our business units to cross-sell to customers
Evaluate strategic and value enhancing tuck-in mergers and acquisitions
Maintain financial strength and flexibility
Maintain our financial strength and optionality:
Target debt/EBITDA range of 4.5x–5.0x
Maintain investment-grade credit rating
Assess opportunities to recycle capital at attractive valuations
Disciplined capital allocation
Maintain our diversified, low-risk pipeline/utility model
Evaluate investment opportunities based on their strategic fit, alignment with our low-risk business model and risk-adjusted returns
Seek high-quality growth opportunities across all our businesses
‘All-of-the-above’ approach to energy evolution
Deliver affordable, secure and reliable energy while concurrently focusing on environmental impacts
Support all forms of energy required to meet increased energy demand, including increased liquids resiliency and gas growth
Facilitate the shift from higher-emission energy forms to natural gas, advance renewable energy sources, invest in infrastructure for emerging lower-carbon solutions, and continue to reduce the emissions intensity of the fuels we transport and store
