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Consolidated Statements of Earnings (Loss) - CAD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues      
Gross Sales $ 71,765 $ 48,811 [1] $ 13,914 [1]
Less: Royalties 4,868 2,454 [1] 371 [1]
Revenues 66,897 46,357 [1] 13,543 [1]
Expenses      
Purchased Product 33,801 23,326 [1] 5,681 [1]
Transportation and Blending 11,530 8,038 [1] 4,728 [1]
Operating 5,569 4,716 [1] 1,955 [1]
(Gain) Loss on Risk Management 1,636 995 [1] 308 [1]
Depreciation, Depletion and Amortization 4,679 5,886 [1] 3,464 [1]
Exploration Expense 101 18 [1] 91 [1]
(Income) Loss From Equity-Accounted Affiliates (15) (57) 0
General and Administrative 865 849 [1] 292 [1]
Finance Costs 820 1,082 [1] 536 [1]
Interest Income (81) (23) [1] (9) [1]
Integration and Transaction Costs 106 349 [1] 29 [1]
Foreign Exchange (Gain) Loss, Net 343 (174) [1] (181) [1]
Revaluation (Gains) (549) 0 0
Re-measurement of Contingent Payments 162 575 [1] (80) [1]
(Gain) Loss on Divestiture of Assets (269) (229) [1] (81) [1]
Other (Income) Loss, Net (532) (309) [1] 40 [1]
Earnings (Loss) Before Income Tax 8,731 1,315 [1] (3,230) [1]
Income Tax Expense (Recovery) 2,281 728 [1] (851) [1]
Net Earnings (Loss) $ 6,450 $ 587 [1] $ (2,379) [1]
Net Earnings (Loss) Per Common Share ($)      
Net Earnings (Loss) Per Share — Basic (CAD per share) $ 3.29 $ 0.27 [1] $ (1.94) [1]
Net Earnings (Loss) Per Share — Diluted (CAD per share) $ 3.20 $ 0.27 [1] $ (1.94) [1]
[1] See Note 3X for revisions to prior period results.