CVE - Cenovus Energy Inc. (CVE) Q4 2023 Earnings Call Transcript
2024-02-15 12:35:06 ET
Cenovus Energy Inc. (CVE)
Q4 2023 Earnings Conference Call
February 15, 2024 11:00 AM ET
Company Participants
Jason Abbate - Senior Vice President, Investor Relations
Jon McKenzie - Chief Executive Officer
Keith Chiasson - Executive Vice President, Downstream
Kam Sandhar - Executive Vice President, Strategy & Corporate Development
Drew Zieglgansberger - Executive Vice President, Natural Gas & Technical Services
Rhona DelFrari - Chief Sustainability Officer & Senior Vice President
Conference Call Participants
Dennis Fong - CIBC Wealth Markets
Menno Hulshof - TD Securities
Greg Pardy - RBC Capital Markets
John Royall - JPMorgan
Jason Bouvier - Scotiabank
Manav Gupta - UBS
Lloyd Byrne - Jefferies
Chris Varcoe - Calgary Herald
Robert Tuttle - Bloomberg News
Presentation
Operator
Good day, ladies and gentlemen, and thank you for standing by. Welcome to Cenovus Energy's Fourth Quarter and Year-end 2023 Results. As a reminder, today's call is being recorded. At this time, all participants are in a listen-only mode. Following the presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that this conference call may not be recorded or rebroadcast without the express consent of Cenovus Energy.
I would now like to turn the conference call over to Mr. Jason Abbate, Senior Vice President, Investor Relations. Go ahead, Mr. Abbate.
Jason Abbate
Thank you, operator. Good morning, everyone, and welcome to Synovus' 2023 year-end and fourth quarter results conference call. On the call this morning are CEO, Jon McKenzie, joined by Cenovus' management team will take you through our results. Then we'll open the line to take your questions.
Prior to passing it over to Jon, I refer you to our advisories located at the end of today's news release. Please describe the forward-looking information, non-GAAP measures and oil and gas terms referred to today. They also outline risk factors and assumptions relevant to this discussion. Additional information is available in Synovus' annual MD&A and our most recent AIF and Form 40-F. All figures are presented in Canadian dollars and before royalties unless otherwise stated. You can view the results on our website at cenovus.com.
I ask that you keep to one question with a maximum of one follow-up. You're welcome to rejoin the queue for any other follow-up questions you may have. Jon, please go ahead.
Jon McKenzie
Great. Thank you, Jason, and good morning, everybody. I'm going to highlight some important safety milestones that we achieved in the fourth quarter of 2023 and in the full year. We achieved a total recordable injury frequency of 0.31 in 2023. And importantly, we noted a marked decrease in the potential severity of our safety incidents, a trend we are very focused on continuously improving....
Cenovus Energy Inc. (CVE) Q4 2023 Earnings Call Transcript