Canadian Natural Resources' quarterly profit fall on weak oil prices
Oil and gas company Canadian Natural Resources on Thursday posted a fall in fourth-quarter profit as weaker commodity prices overshadowed a rise in production. The company also said finance chief Mark Stainthorpe will step down from his post as part of its ongoing management succession,
Canadian Natural Resources Q4 Profit Dips on Lower Prices
Canadian Natural Resources reported a halving of net earnings for the fourth quarter of 2024 compared to the previous year, despite achieving record production, due to declining oil prices.
Canadian Natural Resources: Q4 Earnings Snapshot
On a per-share basis, the Calgary Alberta Canada, Alberta-based company said it had net income of 39 cents. Earnings, adjusted for non-recurring costs, were 66 cents per share. The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 69 cents per share.
Canadian Natural Resources reports fall in fourth-quarter profit
Oil and gas company Canadian Natural Resources on Thursday posted a fall in fourth-quarter profit as weaker commodity prices overshadowed a rise in production.
Canadian Natural sets new output record, but lower oil prices hit quarterly profit
Calgary-based oil sands major Canadian Natural Resources set a record quarterly average production record of more than 1.47 million barrels of oil equivalent per day in the three months to 31 December,
Canadian Natural Resources Limited Announces Quarterly Dividend
Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) announces that its Board of Directors approved a 4% increase to its quarterly cash dividend on its common shares to C$0.5875 (fifty-eight and three quarter cents) per common share,
Canadian Natural Resources (CNQ) Misses Q4 Earnings Estimates
Canadian Natural Resources (CNQ) came out with quarterly earnings of $0.66 per share, missing the Zacks Consensus Estimate of $0.69 per share. This compares to earnings of $0.86 per share a year ago.
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Natural gas is having a moment, but more pipelines may be needed
Natural gas could play a role in the green energy transition, but additional natural transmission pipelines are critical to ...