2024 key takeaways


Large overhead pipe and manifold

Maintaining our low-risk, ‘utility-like’ business model

  • Compelling value proposition underpinned by predictable cash flows and reliable growth
  • Resiliency driven by our diversified portfolio, disciplined capital allocation, and focus on core businesses
  • Acquisition of U.S. gas utilities diversifies our portfolio, strengthens our commercial profile and secures visible, low-risk, long-term, rate base growth
  • Longevity in all four of our core businesses based on transition pace and energy demand
Wind turbines at sunset

Providing reliable, affordable and lower-emission energy

  • Assets strategically positioned with connections to key low-cost supply basins and demand-pull markets including our export positioning that enables us to provide sustainably produced, reliable North American energy to global customers
  • We now provide affordable, reliable, and sustainable energy to 7 million utility customers across North America
  • Developed, executed, and placed into service multiple wind and solar projects to grow our large and diversified renewable platform
Large lit ship docked at a port

Growing our businesses to meet increasing domestic and global demand

  • Leveraged our capabilities and collaborated across business units to provide unique solutions that help meet increasing North American energy demand
  • Continued expanding our export infrastructure—pipelines, storage and terminals to enable export of crude, LNG and lower carbon opportunities that support global energy needs and decarbonization goals
  • Drove growth through increasing returns on our existing assets, focused capital allocation and selective tuck-in M&A
Ceremonial document

Continuing to advance our values


  • Progressed reconciliation commitment through actions such as partnering with six First Nation and Métis communities in Saskatchewan to build the Seven Stars Energy Project, a 200-MW wind farm
  • Enhanced our efforts to ensure that our workforce and the Board reflect the diversity of our communities while empowering our workforce through employee resource groups
  • Continued to drive improvements towards our goal of zero safety incidents and injuries and progressed implementation of robust cyber defense programs