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Consolidated Statements of Net Earnings and Comprehensive Income - CAD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Revenue    
Petroleum and natural gas sales $ 1,678,117 $ 1,098,838
Royalties (152,167) (74,476)
Petroleum and natural gas revenue 1,525,950 1,024,362
Expenses    
Operating 357,014 242,267
Transportation 51,887 43,448
Equity based compensation 60,746 61,579
Loss (gain) on derivative instruments 1,932 (3,659)
Interest expense 72,759 57,313
General and administration 51,929 54,373
Foreign exchange loss (gain) 63,000 (74,058)
Other income (82) (37)
Accretion 31,219 26,971
Depletion and depreciation 609,056 491,683
Gain on business combinations (128,208) 0
Expenses, by nature 1,171,252 899,880
Earnings before income taxes 354,698 124,482
Taxes    
Deferred 39,471 30,117
Current 43,577 32,107
Tax expense (income), continuing operations 83,048 62,224
Net earnings 271,650 62,258
Other comprehensive income    
Currency translation adjustments 46,353 41,490
Comprehensive income $ 318,003 $ 103,748
Net earnings per share    
Basic $ 1.93 $ 0.52
Diluted $ 1.91 $ 0.51
Weighted average shares outstanding ('000s)    
Basic 140,619 120,582
Diluted 142,335 122,408