News Formal

Canadian Natural Resources Misses Q1 Earnings Expectations

  • 📰 OilandEnergy
  • ⏱ Reading Time:
  • 21 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 33%
  • Publisher: 68%

Canadian Natural Resources ニュース

Crude Oil,Natural Gas,Oil Prices

Canadian Natural Resources reported lower-than-expected earnings for the first quarter due to lower synthetic crude oil and natural gas prices.

Canadian Natural Resources NYSE CNQ, the top oil and gas producer in Canada, reported lower-than-expected earnings for the first quarter, dragged down by weaker prices for synthetic crude oil and natural gas. Canadian Natural Resources reported on Thursday adjusted net earnings per share of US$1.00 C$1.37, compared to the average analyst estimate of US$1.08 C$1.48 per share, according to LSEG data cited by Reuters.

“The company’s 2024 development plan has conventional activity strategically weighted to the second half of 2024 to better align with increased market egress and improved crude oil pricing, maximizing value for our shareholders,” Canadian Natural said. The completion of the Trans Mountain Expansion TMX pipeline will provide “ample egress and optionality for our crude oil products,” it noted.

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 34. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Shell Expects Lower Q1 Earnings From Natural Gas TradingShell expects the trading results in its Integrated Gas division to be lower in the first quarter of 2024 compared the fourth quarter of 2023.
ソース: OilandEnergy - 🏆 34. / 68 続きを読む »