v3.26.1
Condensed Interim Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - CAD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenues    
Revenues $ 143,030 $ 176,813
Gain (loss) on risk management contracts (94,633) 5,248
Gross profit 48,397 182,061
Expenses    
Diluent expense 60,233 73,994
Transportation and marketing 12,402 14,185
Operating expenses 35,747 37,929
General and administrative 5,394 9,407
Stock-based compensation 68 1,252
Financing and interest 1,683 12,280
Depletion and depreciation 20,736 21,617
Exploration expenses 887 734
Other income (998) (670)
Loss (gain) on revaluation of warrants 5,487 (7,996)
Foreign exchange gain (56) (44)
Total expenses 141,583 162,688
Net income (loss) before taxes (93,186) 19,373
Income tax (expense) recovery 20,184 (3,210)
Net income (loss) and comprehensive income (loss) $ (73,002) $ 16,163
Net income (loss) per share    
Basic (in Dollars per share) $ (0.58) $ 0.23
Diluted (in Dollars per share) $ (0.58) $ 0.23
Oil sales    
Revenues    
Revenues $ 147,313 $ 183,637
Royalties    
Revenues    
Revenues $ (4,283) $ (6,824)