| Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 | Sep'17 | Jun'17 | Mar'17 | Dec'16 | Sep'16 | Jun'16 | Mar'16 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenues | ||||||||||||||
Product and service revenues | ||||||||||||||
1,771 | 1,848 | 1,572 | 1,432 | 1,488 | 1,277 | 1,260 | 1,141 | 880 | 937 | 934 | 1,384 | 641 | 578 | 519 |
Gains (losses) on risk management, net | ||||||||||||||
81 | 190 | -355 | 932 | -241 | -312 | 36 | 50 | -35 | 129 | 338 | -164 | 96 | -330 | 123 |
Sublease revenues | ||||||||||||||
19 | 17 | 18 | 17 | 15 | 18 | 17 | 19 | 16 | 17 | 17 | - | - | - | - |
Market optimization | ||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 215 | 91 | 87 |
Other | ||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 27 | 25 | 24 |
Total Revenues | ||||||||||||||
1,871 | 2,055 | 1,235 | 2,381 | 1,262 | 983 | 1,313 | 1,210 | 861 | 1,083 | 1,289 | 822 | 979 | 364 | 753 |
Operating Expenses | ||||||||||||||
Production, mineral and other taxes | ||||||||||||||
66 | 73 | 48 | 38 | 45 | 35 | 29 | 32 | 27 | 24 | 29 | 26 | 20 | 30 | 23 |
Transportation and processing | ||||||||||||||
398 | 412 | 338 | 284 | 278 | 272 | 249 | 228 | 199 | 206 | 212 | 186 | 202 | 244 | 269 |
Operating | ||||||||||||||
193 | 187 | 165 | 82 | 124 | 137 | 111 | 129 | 132 | 113 | 132 | 152 | 145 | 135 | 166 |
Purchased product | ||||||||||||||
264 | 222 | 298 | 297 | 282 | 248 | 273 | 223 | 202 | 192 | 171 | 237 | 197 | 79 | 73 |
Depreciation, depletion and amortization | ||||||||||||||
545 | 532 | 377 | 348 | 349 | 300 | 275 | 243 | 210 | 193 | 187 | 184 | 184 | 230 | 261 |
Impairments | ||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 484 | 912 |
Accretion of asset retirement obligation | ||||||||||||||
9 | 10 | 9 | 8 | 8 | 8 | 8 | 7 | 9 | 10 | 11 | 13 | 12 | 13 | 13 |
Administrative | ||||||||||||||
81 | 81 | 227 | -30 | 57 | 99 | 31 | 86 | 86 | 24 | 58 | 78 | 91 | 61 | 79 |
Total Operating Expenses | ||||||||||||||
1,556 | 1,517 | 1,462 | 1,027 | 1,143 | 1,099 | 976 | 948 | 865 | 762 | 800 | 876 | 851 | 1,276 | 1,796 |
Operating Income (Loss) | ||||||||||||||
315 | 538 | -227 | 1,354 | 119 | -116 | 337 | 262 | -4 | 321 | 489 | -54 | 128 | -912 | -1,043 |
Other (Income) Expenses | ||||||||||||||
Interest | ||||||||||||||
99 | 99 | 87 | 86 | 92 | 81 | 92 | 95 | 101 | 79 | 88 | 88 | 99 | 107 | 103 |
Foreign exchange (gain) loss, net | ||||||||||||||
-30 | 55 | 37 | -75 | 23 | -25 | -91 | -15 | 210 | 58 | 26 | -97 | -49 | -23 | 379 |
(Gain) loss on divestitures, net | ||||||||||||||
5 | 0 | -1 | 1 | 0 | 1 | 3 | -1 | 406 | 0 | -1 | - | 395 | -2 | - |
Other (gains) losses, net | ||||||||||||||
1 | 3 | -28 | -15 | -5 | 0 | 3 | -4 | 11 | 27 | 8 | -9 | 4 | -24 | 87 |
Total Other (Income) Expenses | ||||||||||||||
123 | 41 | 79 | 175 | 74 | 105 | 177 | 115 | -526 | -6 | 55 | 197 | -251 | 156 | -363 |
Net Earnings (Loss) Before Income Tax | ||||||||||||||
192 | 497 | -306 | 1,179 | 45 | -221 | 160 | 147 | 522 | 327 | 434 | -251 | 379 | -1,068 | -680 |
Income tax expense (recovery) | ||||||||||||||
43 | 161 | -61 | 149 | 6 | -70 | 9 | 376 | 228 | -4 | 3 | 30 | 62 | -467 | -301 |
Net Earnings (Loss) | ||||||||||||||
149 | 336 | -245 | 1,030 | 39 | -151 | 151 | -229 | 294 | 331 | 431 | -281 | 317 | -601 | -379 |
Net Earnings (Loss) per Common Share | ||||||||||||||
Basic & Diluted | ||||||||||||||
0.11 | 0.24 | -0.20 | 1.07 | 0.04 | -0.16 | 0.16 | -0.23 | 0.30 | 0.34 | 0.44 | -0.28 | 0.37 | -0.71 | -0.45 |
Dividends Declared per Common Share | ||||||||||||||
- | - | - | - | - | - | - | - | 0.01 | 0.01 | 0.01 | - | 0.01 | 0.01 | 0.01 |
Weighted Average Common Shares Outstanding (millions) | ||||||||||||||
Basic & Diluted | ||||||||||||||
1,322 | 1,381 | 1,221 | 952 | 955 | 960 | 971 | 973 | 973 | 973 | 973 | 972 | 858 | 849 | 849 |