SaskEnergy Third Quarter Report - December 31, 2024

Notes to the Consolidated Financial Statements (unaudited)

12.

Natural Gas Sales and Purchases

2023 For the Three Months Ended December 31,

Asset 2024

Asset

(millions)

Commodity Optimization Total

Commodity Optimization Total

NATURAL GAS SALES Natural gas sales

$

69

$

-

$

69

$

70

$

-

$

70

Realized on natural gas derivative instruments

-

27

27

-

26

26

Change in fair value of natural gas derivative instruments

-

(2)

(2)

-

2

2

69

25

94

70

28

98

NATURAL GAS PURCHASES Realized on natural gas derivative instruments Change in fair value of natural gas derivative instruments

(57)

(21)

(78)

(62)

(22)

(84)

3

1

4

(24) (86) (16)

(2)

(26)

(54)

(20)

(74)

(24)

(110)

$

15

$

5

$

20

$

$

4

$

(12)

2023 For the Nine Months Ended December 31,

Asset 2024

Asset

(millions)

Commodity Optimization Total

Commodity Optimization Total

NATURAL GAS SALES Natural gas sales

$

114

$

-

$

114

$

128

$

-

$

128

Realized on natural gas derivative instruments

-

54

54

-

101

101

Change in fair value of natural gas derivative instruments

-

(1)

(1)

-

(5)

(5)

114

53

167

128

96

224

NATURAL GAS PURCHASES Realized on natural gas derivative instruments Change in fair value of natural gas derivative instruments

(93)

(45)

(138)

(100)

(91)

(191)

(2)

-

(2)

(35)

2

(33)

(95)

(45)

(140)

(135)

(89)

(224)

$

19

$

8

$

27

$

(7)

$

7

$

-

30

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