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Consolidated Statements of Earnings (Loss) - CAD ($)
$ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenues      
Gross Sales $ 21,389 $ 17,314 $ 11,015
Less: Royalties 545 271 9
Revenue 20,844 17,043 11,006
Expenses      
Purchased Product 8,744 8,033 6,978
Transportation and Blending 5,942 3,748 1,715
Operating 2,184 1,949 1,239
Production and Mineral Taxes 1 1  
(Gain) Loss on Risk Management 305 896 401
Depreciation, Depletion and Amortization 2,131 1,838 931
Exploration Expense 2,123 888 2
General and Administrative 391 300 318
Onerous Contract Provisions 629 8 8
Finance Costs 627 645 390
Interest Income (19) (62) (52)
Foreign Exchange (Gain) Loss, Net 854 (812) (198)
Revaluation (Gain)   (2,555)  
Transaction Costs   56  
Re-measurement of Contingent Payment 50 (138)  
Research Costs 25 36 36
(Gain) Loss on Divestiture of Assets 795 1 6
Other (Income) Loss, Net (12) (5) 34
Earnings (Loss) From Continuing Operations Before Income Tax (3,926) 2,216 (802)
Income Tax Expense (Recovery) (1,010) (52) (343)
Net Earnings (Loss) From Continuing Operations (2,916) 2,268 (459)
Net Earnings (Loss) From Discontinued Operations 247 1,098 (86)
Net Earnings (Loss) $ (2,669) $ 3,366 $ (545)
Basic and Diluted Earnings (Loss) Per Share ($)      
Continuing Operations $ (2.37) $ 2.06 $ (0.55)
Discontinued Operations 0.20 0.99 (0.10)
Net Earnings (Loss) Per Share $ (2.17) $ 3.05 $ (0.65)