v3.26.3
Consolidated Statements of Comprehensive Income (Loss) (unaudited) - CAD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Revenues        
Revenues $ 15,984 $ 13,195 $ 45,767 $ 38,813
Expenses        
Purchased Product, Transportation and Blending 8,353 8,545 25,027 25,956
Operating 1,445 1,594 4,313 4,971
(Gain) Loss on Risk Management 7 (2) 80 (79)
Depreciation, Depletion, Amortization and Exploration Expense 1,496 1,323 4,468 3,829
(Income) Loss From Equity-Accounted Affiliates (18) (9) (79) (45)
General and Administrative 371 220 1,000 570
Finance Costs, Net 147 154 522 404
Integration, Transaction and Other Costs 27 44 95 123
Foreign Exchange (Gain) Loss, Net (54) 157 288 (196)
(Gain) Loss on Divestiture of Assets (96) (106) (186) (109)
Other (Income) Loss, Net (55) (22) (148) (54)
Earnings (Loss) Before Income Tax 4,361 1,297 10,387 3,443
Income Tax Expense (Recovery) 1,001 11 2,587 447
Net Earnings (Loss) 3,360 1,286 7,800 2,996
Items That Will not be Reclassified to Profit or Loss:        
Actuarial Gain (Loss) Relating to Pension and Other Post-Employment Benefits (6) 2 2 10
Change in the fair value of equity instruments at FVOCI [1] (1) (19) 3 (23)
Items That may be Reclassified to Profit or Loss:        
Foreign Currency Translation Adjustment (6) (1,009) 503 (1,681)
Total Other Comprehensive Income (Loss), Net of Tax (13) (1,026) 508 (1,694)
Comprehensive Income (Loss) $ 3,347 $ 260 $ 8,308 $ 1,302
Net Earnings (Loss) Per Common Share ($)        
Net earnings (loss) per share — basic (CAD per share) $ 1.84 $ 0.72 $ 4.21 $ 1.65
Net earnings (loss) per share — diluted (CAD per share) $ 1.83 $ 0.72 $ 4.20 $ 1.65
[1] Fair value through other comprehensive income (loss) (“FVOCI”).