v3.26.1
Consolidated statement of income (U.S. GAAP, unaudited) - CAD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues and other income        
Revenues [1] $ 15,981 $ 11,208 $ 28,397 $ 23,674
Investment and other income 81 24 111 75
Total revenues and other income 16,062 11,232 28,508 23,749
Expenses        
Exploration 1 0 4 2
Purchases of crude oil and products [2] 10,641 7,215 18,819 14,971
Production and manufacturing [3] 1,819 1,664 3,573 3,350
Selling and general [3] 144 251 541 510
Federal excise tax and fuel charge 70 372 418 964
Depreciation and depletion (includes impairments) 511 478 1,031 1,009
Non-service pension and postretirement benefit 2 6 5 11
Financing [4] 14 2 25 0
Total expenses 13,202 9,988 24,416 20,817
Income (loss) before income taxes 2,860 1,244 4,092 2,932
Income taxes 670 295 962 695
Net income (loss) $ 2,190 $ 949 $ 3,130 $ 2,237
Per share information (Canadian dollars)        
Net income (loss) per common share - basic (in CAD per share) $ 4.53 $ 1.86 $ 6.47 $ 4.39
Net income (loss) per common share - diluted (in CAD per share) $ 4.52 $ 1.86 $ 6.46 $ 4.38
[1]
(a) Amounts from related parties included in revenues.5,186 3,342 8,846 6,995 
[2]
(b) Amounts to related parties included in purchases of crude oil and products.1,895 1,363 3,145 2,569 
[3]
(c) Amounts to related parties included in production and manufacturing, and selling
and general expenses.
164 130 319 294 
[4]
(d) Amounts to related parties included in financing.22 23 43 49