v3.25.2
Consolidated statement of income (U.S. GAAP, unaudited) - CAD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues and other income        
Revenues [1] $ 11,208 $ 13,348 $ 23,674 $ 25,597
Investment and other income (note 3) 24 35 75 69
Total revenues and other income 11,232 13,383 23,749 25,666
Expenses        
Exploration 0 1 2 2
Purchases of crude oil and products [2] 7,215 8,856 14,971 16,562
Production and manufacturing [3] 1,664 1,689 3,350 3,353
Selling and general [3] 251 221 510 467
Federal excise tax and fuel charge 372 656 964 1,247
Depreciation and depletion 478 456 1,009 946
Non-service pension and postretirement benefit 6 1 11 2
Financing [4] 2 14 0 26
Total expenses 9,988 11,894 20,817 22,605
Income (loss) before income taxes 1,244 1,489 2,932 3,061
Income taxes 295 356 695 733
Net income (loss) $ 949 $ 1,133 $ 2,237 $ 2,328
Per share information (Canadian dollars)        
Net income (loss) per common share - basic (note 9) (in CAD per share) $ 1.86 $ 2.11 $ 4.39 $ 4.34
Net income (loss) per common share - diluted (note 9) (in CAD per share) $ 1.86 $ 2.11 $ 4.38 $ 4.34
[1]
(a) Amounts from related parties included in revenues (note 1)4,121 3,657 6,995 7,074 
[2]
(b) Amounts to related parties included in purchases of crude oil and products (note 1)2,142 1,549 2,569 3,222 
[3]
(c) Amounts to related parties included in production and manufacturing, and selling
and general expenses.
130 135 294 285 
[4]
(d) Amounts to related parties included in financing.23 43 49 87