SaskEnergy recorded a net income before unrealized market value adjustments of $55 million, compared to $126 million from the year prior.

The decrease is largely due to year-over-year decreases in asset optimization margins, delivery revenue and customer capital contributions. SaskEnery declared a dividend of $21 million to the Crown Investments Corporation.

There were expansion projects in the Melfort and Regina areas with a total investment of $171 million in system expansion and reliability initiatives.

Other SaskEnergy highlights in the 2023-24 annual report:

-reducing greenhouse gas emissions from its operations by 8,000 tonnes.

-supporting 871 programs and events in 360 communities.

-purchased $258 million in goods and services from Saskatchewan vendors, representing about two-thirds of corporate purchase orders.