v3.26.1
Consolidated statement of income (U.S. GAAP, unaudited) - CAD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenues and other income    
Revenues [1] $ 12,416 $ 12,466
Investment and other income 30 51
Total revenues and other income 12,446 12,517
Expenses    
Exploration 3 2
Purchases of crude oil and products [2] 8,178 7,756
Production and manufacturing [3] 1,754 1,686
Selling and general [3] 397 259
Federal excise tax and fuel charge 348 592
Depreciation and depletion (includes impairments) 520 531
Non-service pension and postretirement benefit 3 5
Financing [4] 11 (2)
Total expenses 11,214 10,829
Income (loss) before income taxes 1,232 1,688
Income taxes 292 400
Net income (loss) $ 940 $ 1,288
Per share information (Canadian dollars)    
Net income (loss) per common share - basic (note 9) (in CAD per share) $ 1.94 $ 2.53
Net income (loss) per common share - diluted (note 9) (in CAD per share) $ 1.94 $ 2.52
[1]
(a) Amounts from related parties included in revenues (note 1)3,660 3,653 
[2]
(b) Amounts to related parties included in purchases of crude oil and products (note 1)1,250 1,206 
[3]
(c) Amounts to related parties included in production and manufacturing, and selling
and general expenses.
155 164 
[4]
(d) Amounts to related parties included in financing.21 26