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Consolidated Statements of Earnings (Loss) - CAD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues      
Gross Sales $ 21,353 $ 21,389 $ 17,314
Less: Royalties 1,172 545 271
Revenue 20,181 20,844 17,043
Expenses      
Purchased Product 8,427 8,744 8,033
Transportation and Blending 5,184 5,942 3,748
Operating 2,088 2,184 1,949
Production and Mineral Taxes 1 1 1
(Gain) Loss on Risk Management 156 305 896
Depreciation, Depletion and Amortization 2,249 2,131 1,838
Exploration Expense 82 2,123 888
General and Administrative 336 391 300
Onerous Contract Provisions (5) 629 8
Finance Costs 511 627 645
Interest Income (12) (19) (62)
Foreign Exchange (Gain) Loss, Net (404) 854 (812)
Revaluation (Gain)     (2,555)
Transaction Costs     56
Re-measurement of Contingent Payment 164 50 (138)
Research Costs 20 25 36
(Gain) Loss on Divestiture of Assets (2) 795 1
Other (Income) Loss, Net (11) (12) (5)
Earnings (Loss) From Continuing Operations Before Income Tax 1,397 (3,926) 2,216
Income Tax Expense (Recovery) (797) (1,010) (52)
Net Earnings (Loss) From Continuing Operations 2,194 (2,916) 2,268
Net Earnings (Loss) From Discontinued Operations   247 1,098
Net Earnings (Loss) $ 2,194 $ (2,669) $ 3,366
Basic and Diluted Earnings (Loss) Per Share ($)      
Continuing Operations $ 1.78 $ (2.37) $ 2.06
Discontinued Operations   0.20 0.99
Net Earnings (Loss) Per Share $ 1.78 $ (2.17) $ 3.05