Sales 2025 by Business Segment

Sales 2025 by Geography

Historical Breakdown of Revenue by Business Segments

Operating Income: Breakdown by Business Segment

Breakdown by Business Segment (CAD)
Fiscal Period: December 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

Oil and Gas Refining and Marketing

          

Marketing & New Ventures Division

5.58B 8.47B 6.09B 3.8B 4.06B

Interest Expense

8M -27M -4M -9M -8M

CAPEX

-21M -59M -10M -30M -20M

EBT

391M 708M 435M 569M 457M

Gross Profit

412M 785M 478M 564M 514M

EBITDA

420M 721M 597M 724M 499M

D&A

50M 44M 46M 64M 71M

Operating Income

383M 735M 439M 578M 465M

Facilities

1.36B 1.27B 909M 1.13B 1.23B

Interest Expense

-35M -13M -9M -10M -13M

CAPEX

-136M -153M -102M -345M -376M

EBT

715M 1.8B 610M 666M 562M

Gross Profit

800M 733M 623M 701M 600M

EBITDA

1.1B 1.14B 1.21B 1.35B 1.4B

D&A

214M 196M 159M 183M 209M

Operating Income

750M 1.82B 619M 676M 575M

Gas Services

- - - - -

Interest Expense

- - - - -

CAPEX

- - - - -

EBT

- - - - -

Gross Profit

- - - - -

EBITDA

- - - - -

D&A

- - - - -

Operating Income

- - - - -

Oil and Gas Pipelines

          

Pipelines

2.28B 2.51B 2.71B 3.39B 3.52B

Interest Expense

-29M -28M -28M -24M -27M

CAPEX

-475M -342M -448M -539M -362M

EBT

917M 1.42B 1.84B 1.91B 1.94B

Gross Profit

1.43B 1.61B 1.69B 2B 2.03B

EBITDA

2.1B 2.13B 2.23B 2.53B 2.6B

D&A

413M 396M 414M 560M 643M

Operating Income

946M 1.44B 1.87B 1.93B 1.96B

Veresen

- - - - -

Interest Expense

- - - - -

CAPEX

- - - - -

EBT

- - - - -

Gross Profit

- - - - -

D&A

- - - - -

Operating Income

- - - - -

Midstream & Marketing

- - - - -

Interest Expense

- - - - -

CAPEX

- - - - -

EBT

- - - - -

Gross Profit

- - - - -

EBITDA

- - - - -

D&A

- - - - -

Operating Income

- - - - -

Conventional Pipelines

- - - - -

Interest Expense

- - - - -

CAPEX

- - - - -

EBT

- - - - -

Gross Profit

- - - - -

EBITDA

- - - - -

D&A

- - - - -

Operating Income

- - - - -

Oil Sands Infrastructure

- - - - -

Interest Expense

- - - - -

CAPEX

- - - - -

EBT

- - - - -

Gross Profit

- - - - -

EBITDA

- - - - -

D&A

- - - - -

Operating Income

- - - - -

Corporate & Inter-Segment Eliminations

-592M -636M -578M -925M -1.04B

Interest Expense

-394M -418M -425M -518M -554M

CAPEX

-26M -51M -46M -41M -26M

EBT

-358M -708M -696M -1.42B -750M

Gross Profit

1M -1M 49M 52M 53M

EBITDA

-186M -239M -220M -196M -202M

D&A

7M 8M 5M 55M 64M

Operating Income

36M -290M -271M -904M -196M

Geographical Revenue Distribution History

Geographical breakdown of sales (CAD)
Fiscal Period: December 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

Total Assets

3.83B 3.9B 3.72B 6.68B 6.27B

Total Assets

26.13B 25.9B 25.95B 27.7B 27.87B
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