Previous Close | 25.25 |
Open | 25.25 |
Bid | 21.00 |
Ask | 23.90 |
Strike | 40.00 |
Expire Date | 2025-01-17 |
Day's Range | 25.25 - 25.25 |
Contract Range | N/A |
Volume | |
Open Interest | 32 |
CALGARY — Canadian Natural Resources Ltd. reported its first-quarter profit fell compared with a year ago as it realized lower prices for synthetic crude oil and natural gas. The company says it earned $987 million or 91 cents per diluted share for the quarter ended March 31. The result was down from a profit of $1.80 billion or $1.62 per diluted share a year earlier. Product sales totalled $9.42 billion, down from $9.55 billion in the first quarter of 2023. Production in the quarter averaged 1,
Canada's largest oil and gas producer Canadian Natural Resources missed analysts' estimates for first-quarter profit on Thursday, hurt by lower-than-expected production, along with a decrease in sales and realized pricing. The firm posted an adjusted profit of C$1.37 per share, below analysts' average estimates of C$1.48 per share, according to LSEG data. The company in its outlook for 2024 in December said that it expects to drill more wells in the second half and exit the year with higher production to better align with market fundamentals and improved commodity pricing.
The firm posted an adjusted profit of C$1.37 per share, below analysts' average estimates of C$1.48 per share, according to LSEG data. The company in its outlook for 2024 in December said that it expects to drill more wells in the second half and exit the year with higher production to better align with market fundamentals and improved commodity pricing. Net earnings were C$987 million compared with C$1.8 billion for the first quarter of 2023 due to lower realized synthetic crude oil (SCO) and natural gas pricing.