US EditionCanadian Natural Resources Beats Q2 Estimates as Duvernay Assets Boost Growth
- Canadian Natural Resources Ltd. reported a second-quarter profit of $2.46 billion, an increase from $1.72 billion a year ago.
- The profit for the quarter was $1.17 per diluted share, compared to 80 cents per diluted share in the same quarter last year.
- Revenue for the quarter was $8.7 billion, a decrease from $9.1 billion a year ago.
- Production averaged 1.42 million barrels of oil equivalent per day, up from 1.29 million barrels of oil equivalent per day a year ago.
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Canadian Natural Resources explained that its acquisition strategy is focused on cash flows, after completing several acquisitions in recent months and announcing an increase in its earnings in the second quarter.
·Montreal, Canada
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Kingston Whig-Standard
Kingston Whig-StandardCanadian Natural Resources Limited Announces 2025 Second Quarter Results
Calgary, Alberta--(Newsfile Corp. - August 7, 2025) - Canadian Natural's (TSX: CNQ) (NYSE: CNQ) President, Scott Stauth, commented on the Company's second quarter results, "Our relentless focus on continuous improvement combined with effective and efficient operations drove strong performance year to date in 2025. Our ability to effectively allocate capital across our strong asset base
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Total News Sources11
Leaning Left5Leaning Right0Center1Last UpdatedBias Distribution83% Left
Bias Distribution
- 83% of the sources lean Left
83% Left
L 83%
C 17%
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