CNQ Jan 2025 60.000 put
| Previous Close | 1.5600 |
| Open | 1.5600 |
| Bid | 0.0000 |
| Ask | 0.0000 |
| Strike | 60.00 |
| Expire Date | 2025-01-17 |
| Day's Range | 1.5600 - 1.5600 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 393 |
- Reuters
UPDATE 2-Canadian Natural Resources misses first-quarter profit estimates on lower sales, pricing
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.
ReutersCanadian Natural Resources misses first-quarter profit estimates on lower sales, 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.
NewsfileCanadian Natural Resources Limited Announces 2024 First Quarter Results
Calgary, Alberta--(Newsfile Corp. - May 2, 2024) - Canadian Natural's (TSX: CNQ) (NYSE: CNQ) President, Scott Stauth, commented on the Company's first quarter results, "Canadian Natural is a world class company and during our 35 years of operations, we've delivered significant value, including recently reaching a position where, commencing in 2024, we are returning 100% of our free cash flow to our shareholders. Crude oil price forecasts have strengthened for the remainder of 2024, including ...
