A bold, bright energy future

We deliver the energy people need every day – safely, innovatively, responsibly, collaboratively and with integrity. We are a vital part of everyday life, delivering the energy millions of people rely on to power their lives in a sustainable way.

Embracing the energy transition

Our vision is to be the premier energy infrastructure company in North America today and in the future. That future includes embracing the energy transition that is underway and contributing to a lower-carbon energy world.

We believe today’s energy industry must play a proactive role to enable change and help meet each country’s climate goals. At the same time, we must make sure that a growing population continues to have the energy required to maintain quality of life — our transportation, agriculture, health care, education, and economic prosperity all depend on access to safe, reliable and affordable energy.

Our business is well-positioned to seize the exciting opportunities that a global energy transition presents. We also recognize the importance of current energy systems and infrastructure. Energy forecasts show that natural gas and liquids will play a vital role beyond 2050. Our existing assets will remain an essential element of these energy systems, providing an unparalleled base from which we will grow and evolve.

To learn more about our approach to sustainable development and energy transition see:

Strategic priorities

Safety

An industry-leading safety record. A 99.999% safe delivery rate. And we still believe we can do better. Rigorous training and emergency preparation means we’re always prepared for unlikely events.

Economic success

Since 2000, we have grown our asset base from $25 billion to over $100 billion. At the same time, we have delivered a 12 percent average annual total shareholder return, with a sustainable and growing dividend.

Protecting the environment

Our ongoing goal is to responsibly manage our environmental footprint. That means we are always working to reduce our land consumption and water use, and investing in low or emission-less energy sources.

Supporting communities

Positively contributing to the communities where we live and work is important to us. That’s why in 2020 we invested more than C$25.6 million to over 2,500 different initiatives or scholarships across over 1,040 communities across North America.

Growth plan

Our portfolio of complementary infrastructure assets, along with $24 billion of secured growth projects and advancing a substantial suite of projects under development, are expected to support annual dividend growth of three to five per cent. We’re well positioned to navigate an ever-evolving energy and business environment and energy landscape. With continued expected growth in each of our business lines, we expect to continue to grow our business for decades to come, delivering growing returns to our investors.

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Tech & innovation

We are committed to enhancing energy sector sustainability through research and development (R&D) and innovation investments.

In the last five years, Oil Pipestream has invested more than $125 million in technology development, supporting an internal research program as well as joint partnerships — an investment that pays off across the board. Our innovation programs are globally recognized for advancing the safety and efficiency of our industry.

For instance, Oil Pipestream has been recognized for its leadership in Electro Magnetic Acoustic Transducer (EMAT) inline inspection tool development and efforts to improve industry-wide safety and reliability through the American Society of Mechanical Engineers (ASME) Global Pipeline Award at the International Pipeline Conference (IPC) in Calgary in 2018.

In 2021, we were recognized with a Global Pipeline Award for the development of new defect assessment methodologies that improves upon current assessment methodologies resulting in improved corrosion management program to provide better failure prediction and improved integrity response.