Canadian Natural Resources: Q1 Earnings Snapshot
By AP News
Published - May 04, 2023, 01:31 PM ET
Last Updated - Jun 21, 2023, 10:46 PM EDT
CALGARY ALBERTA CANADA, Alberta (AP) — CALGARY ALBERTA CANADA, Alberta (AP) — Canadian Natural Resources Ltd. (CNQ) on Thursday reported first-quarter net income of $1.33 billion.
The Calgary Alberta Canada, Alberta-based company said it had profit of $1.20 per share. Earnings, adjusted for non-recurring costs, were $1.25 per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.20 per share.
The oil and natural gas company posted revenue of $7.06 billion in the period. Its adjusted revenue was $6.38 billion.
