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Segmented Information (Tables)

12 Months Ended

Dec. 31, 2025

Segment Reporting [Abstract]

Segment Information

Results of Operations

Segment Information

								USA Operations												Canadian Operations
For the years ended December 31								2025				2024				2023				2025				2024				2023
Revenues
Product and service revenues (1)								$	4,573			$	5,612			$	5,586			$	2,603			$	1,746			$	2,226
Sales of purchased product									1,311				1,449				2,590				176				136				259
Gains (losses) on risk management, net									51				119				10				115				152				(53	)
Sublease revenues									-				-				-				-				-				-
Total Revenues									5,935				7,180				8,186				2,894				2,034				2,432
Operating Expenses
Production, mineral and other taxes									265				319				327				21				14				15
Transportation and processing									453				560				683				1,271				1,079				1,083
Operating									701				810				757				161				121				102
Purchased product									1,310				1,446				2,587				137				100				228
Depreciation, depletion and amortization									1,475				1,971				1,519				683				297				286
Impairments									49				-				-				871				450				-
Total Operating Expenses									4,253				5,106				5,873				3,144				2,061				1,714
Operating Income (Loss)								$	1,682			$	2,074			$	2,313			$	(250	)		$	(27	)		$	718
								Corporate & Other												Consolidated
								2025				2024				2023				2025				2024				2023
Revenues
Product and service revenues (1)								$	-			$	-			$	-			$	7,176			$	7,358			$	7,812
Sales of purchased product									-				-				-				1,487				1,585				2,849
Gains (losses) on risk management, net									6				(136	)			194				172				135				151
Sublease revenues									73				74				71				73				74				71
Total Revenues									79				(62	)			265				8,908				9,152				10,883
Operating Expenses
Production, mineral and other taxes									-				-				-				286				333				342
Transportation and processing									-				-				-				1,724				1,639				1,766
Operating									-				-				-				862				931				859
Purchased product									-				-				-				1,447				1,546				2,815
Depreciation, depletion and amortization									21				22				20				2,179				2,290				1,825
Impairments									-				-				-				920				450				-
Accretion of asset retirement obligation									28				19				19				28				19				19
Administrative									331				365				393				331				365				393
Total Operating Expenses									380				406				432				7,777				7,573				8,019
Operating Income (Loss)								$	(301	)		$	(468	)		$	(167	)			1,131				1,579				2,864
Other (Income) Expenses
Interest																					376				412				355
Foreign exchange (gain) loss, net																					31				(19	)			19
Other (gains) losses, net																					(46	)			(165	)			(20	)
Total Other (Income) Expenses																					361				228				354
Net Earnings (Loss) Before Income Tax																					770				1,351				2,510
Income tax expense (recovery)																					(472	)			226				425
Net Earnings (Loss)																				$	1,242			$	1,125			$	2,085

(1)Product and service revenues are split by product in Note 3.

Revenue by Geographic Region

Revenues by Geographic Region

		United States												Canada												Total
For the years ended December 31		2025				2024				2023				2025				2024				2023				2025				2024				2023
Corporate & Other Revenues
Gains (losses) on risk
management, net		$	75			$	(133	)		$	94			$	(69	)		$	(3	)		$	100			$	6			$	(136	)		$	194
Sublease revenues			8				8				8				65				66				63				73				74				71
		$	83			$	(125	)		$	102			$	(4	)		$	63			$	163			$	79			$	(62	)		$	265

Capital Expenditures by Segment

Capital Expenditures by Segment

For the years ended December 31								2025				2024				2023
USA Operations								$	1,537			$	1,868			$	2,189
Canadian Operations									606				428				549
Corporate & Other									4				7				6
								$	2,147			$	2,303			$	2,744

Goodwill, Property, Plant and Equipment and Total Assets by Segment

Goodwill, Property, Plant and Equipment and Total Assets by Segment

		Goodwill								Property, Plant and Equipment								Total Assets
As at December 31		2025				2024				2025				2024				2025				2024
USA Operations		$	1,938			$	1,938			$	11,613			$	13,263			$	14,393			$	16,233
Canadian Operations			638				608				2,522				970				3,921				1,917
Corporate & Other			-				-				109				131				2,076				1,104
		$	2,576			$	2,546			$	14,244			$	14,364			$	20,390			$	19,254

Goodwill, Property, Plant and Equipment and Total Assets by Geographical Region

Goodwill, Property, Plant and Equipment and Total Assets by Geographic Region

		Goodwill								Property, Plant and Equipment								Total Assets
As at December 31		2025				2024				2025				2024				2025				2024
United States		$	1,938			$	1,938			$	11,635			$	13,302			$	14,517			$	16,320
Canada			638				608				2,609				1,062				5,873				2,934
		$	2,576			$	2,546			$	14,244			$	14,364			$	20,390			$	19,254

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