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

557.7Cr 847.1Cr 608.7Cr 379.6Cr 406.5Cr

Interest Expense

80L -2.7Cr -40L -90L -80L

CAPEX

-2.1Cr -5.9Cr -1Cr -3Cr -2Cr

EBT

39Cr 71Cr 44Cr 57Cr 46Cr

Gross Profit

41Cr 78Cr 48Cr 56Cr 51Cr

EBITDA

42Cr 72Cr 60Cr 72Cr 50Cr

D&A

5Cr 4.4Cr 4.6Cr 6.4Cr 7.1Cr

Operating Income

38Cr 74Cr 44Cr 58Cr 46Cr

Facilities

136.3Cr 126.8Cr 91Cr 112.7Cr 122.8Cr

Interest Expense

-3.5Cr -1.3Cr -90L -1Cr -1.3Cr

CAPEX

-14Cr -15Cr -10Cr -34Cr -38Cr

EBT

72Cr 180.4Cr 61Cr 67Cr 56Cr

Gross Profit

80Cr 73Cr 62Cr 70Cr 60Cr

EBITDA

109.7Cr 113.7Cr 121.3Cr 134.7Cr 139.6Cr

D&A

21Cr 20Cr 16Cr 18Cr 21Cr

Operating Income

75Cr 181.7Cr 62Cr 68Cr 58Cr

Gas Services

- - - - -

Interest Expense

- - - - -

CAPEX

- - - - -

EBT

- - - - -

Gross Profit

- - - - -

EBITDA

- - - - -

D&A

- - - - -

Operating Income

- - - - -

Oil and Gas Pipelines

          

Pipelines

227.9Cr 250.8Cr 270.7Cr 338.6Cr 352.1Cr

Interest Expense

-2.9Cr -2.8Cr -2.8Cr -2.4Cr -2.7Cr

CAPEX

-48Cr -34Cr -45Cr -54Cr -36Cr

EBT

92Cr 141.5Cr 184Cr 190.7Cr 193.8Cr

Gross Profit

143.4Cr 160.6Cr 169Cr 199.9Cr 202.6Cr

EBITDA

210.2Cr 212.7Cr 223.4Cr 253.3Cr 259.6Cr

D&A

41Cr 40Cr 41Cr 56Cr 64Cr

Operating Income

95Cr 144.3Cr 186.8Cr 193.1Cr 196.5Cr

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

-59Cr -64Cr -58Cr -92Cr -103.6Cr

Interest Expense

-39Cr -42Cr -42Cr -52Cr -55Cr

CAPEX

-2.6Cr -5.1Cr -4.6Cr -4.1Cr -2.6Cr

EBT

-36Cr -71Cr -70Cr -142.2Cr -75Cr

Gross Profit

10L -10L 4.9Cr 5.2Cr 5.3Cr

EBITDA

-19Cr -24Cr -22Cr -20Cr -20Cr

D&A

70L 80L 50L 5.5Cr 6.4Cr

Operating Income

3.6Cr -29Cr -27Cr -90Cr -20Cr

Geographical Revenue Distribution History

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

Total Assets

382.6Cr 390Cr 372.1Cr 668.5Cr 626.9Cr

Total Assets

2.61TCr 2.59TCr 2.6TCr 2.77TCr 2.79TCr
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