Financial Highlights Q4 2020

    THREE MONTHS ENDED DECEMBER 31, 2020
      2020 2019

    Operating

    Daily average gas delivered and sold (MMscfd) 62.8 70.8
    Industrial 12.4 13.1
    Power 50.4 57.7
    THREE MONTHS ENDED DECEMBER, 2020
      2020 2019

    Average Price ($/mcf)

    Industrial 7.56 7.77
    Power 3.52 3.44
    Weighted Average 4.32 4.24
    Operating netback ($/mcf) 3.22 2.73
    THREE MONTHS ENDED DECEMBER, 2020
      2020 2019

    Financial ($000's unless sated otherwise)

    Revenue 21,980 23,212
    Net income attributable to shareholders
      per share - basic and diluted ($)    		 7,375
    0.28    		 12,642
    0.37
    Net cash flows from operating activities
       per share - basic and diluted ($)    		 19,369
    0.74    		 5,051
    0.15
    Adjusted funds flow from operations
      per share - basic and diluted ($)    		 12,348
    0.47    		 13,479
    0.39
    Capital expenditures 16,315 1,014
    Weighted average Class A
    and Class B shares    		 26,138 34,324

    ($000's unless sated otherwise)

    As at December 30, 2020

    As at December 31, 2019
    Working Capital (including cash) 74,236 106,972
    Cash and cash equivalents 104,190 93,899
    Investments in short-term bonds - 44,756
    Long-term loan 54,246 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