Financial Highlights Q3 2020

    THREE MONTHS ENDED SEPTEMBER 30, 2020
      2020 2019

    Operating

    Daily average gas delivered and sold (MMscfd) 60.9 63.4
    Industrial 13.4 15.1
    Power 47.5 48.3
    THREE MONTHS ENDED SEPTEMBER, 2020
      2020 2019

    Average Price ($/mcf)

    Industrial 7.41 7.84
    Power 3.46 3.48
    Weighted Average 4.33 4.52
    Operating netback ($/mcf) 2.98 2.50
    THREE MONTHS ENDED SEPTEMBER, 2020
      2020 2019

    Financial ($000's unless sated otherwise)

    Revenue 20,859 21,453
    Net cash flows from operating activities
       per share - basic and diluted ($)    		 12,793
    0.48    		 7,603
    0.22
    Net income
      attributable to shareholders
      per share - basic and diluted ($)    		 1,487
    0.06    		 2,583
    0.07
    Adjusted funds flow from operations
      per share - basic and diluted ($)    		 11,847
    0.44    		 10,180
    0.29
    Capital expenditures (excluding transfers) 9,412 652

    ($000's unless sated otherwise)

    As at September 30, 2020

    As at December 31, 2019
    Working Capital (including cash) 79,236 106,972
    Cash and cash equivalents 98,534 93,899
    Investments in short-term bonds - 44,756
    Long-term loan 54,191 54,057
    Outstanding shares (000's)
      Class A
      Class B
    1,750
    24,388
    1,750
    32,557
    Total shares outstanding (000's) 26,138 34,307
    Weighted average Class A
    and Class B shares    		 26,138 34,931