Over the last few years, we've transformed our organization through a revised business strategy, revamped portfolio of top-tier assets and a renewed commitment to our purpose statement. Our new identity symbolizes who we are today and where we are headed tomorrow.
Our third quarter 2024 results were highlighted by excess cash flow of $114 million, $290 million returned to shareholders year-to-date in dividends and share repurchases, and continued net debt reduction with expected year-end net debt of $2.5 billion. The company also updated its 2024 guidance and released its 2025 budget.
Our 2024 investor day focused on our corporate strategy, operational results and long-term development plan. View a replay of the event below:
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Areas of Operations
Our operations span across western Canada in central Alberta and in southeast and southwest Saskatchewan. Our multi-basin portfolio of high-netback, liquids rich assets feature strong market access, low declines, and attractive royalty rates.
Our culture is defined by our people and how we work together. We are a passionate team of high performers who challenge the status quo while staying focused on operational excellence and delivering results.