SaskEnergy Third Quarter Report - December 31, 2020

10. Natural gas sales and purchases

2019 For the Three Months Ended December 31,

Asset 2020

Asset

(millions)

Commodity Optimization Total

Commodity Optimization Total

Natural gas sales Natural gas sales to commodity customers Realized on natural gas derivative instruments Change in fair value of natural gas derivative instruments

$

59

$

-

$

59

$

63

$

-

$

63

-

24

24

-

39

39

-

3

3

-

(1)

(1)

59

27

86

63

38

101

Natural gas purchases Realized on natural gas derivative instruments

(55)

(24)

(79)

(52)

(40)

(92)

Change in fair value of natural gas derivative instruments Change in revaluation of natural gas in storage to net realizable value

(15)

-

(15)

(2)

(5)

(7)

-

-

-

-

3

3

(70)

(24)

(94)

(54)

(42)

(96)

$

(11)

$

3

$

(8)

$

9

$

(4)

$

5

2019 For the Nine Months Ended December 31,

Asset 2020

Asset

(millions)

Commodity Optimization Total

Commodity Optimization Total

Natural gas sales Natural gas sales to commodity customers Realized on natural gas derivative instruments Change in fair value of natural gas derivative instruments

$

93

$

-

$

93

$

93

$

-

$

93

-

94

94

-

105

105

-

(2)

(2)

-

2

2

93

92

185

93

107

200

Natural gas purchases Realized on natural gas derivative instruments

(88)

(98)

(186)

(79)

(99)

(178)

Change in fair value of natural gas derivative instruments Change in revaluation of natural gas in storage to net realizable value

4

10

14

(2)

(35)

(37)

-

6

6

-

3

3

(84)

(82)

(166)

(81)

(131)

(212)

$

9

$

10

$

19

$

12

$

(24)

$

(12)

2020-21 Third Quarter Report

29

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