Canadian Natural Resources’ quarterly profit tops estimates on higher production

Canadian Natural Resources reports Q1 profit up, record quarterly average production

CALGARY - Canadian Natural Resources Ltd. earned a first-quarter profit of $2.46 billion, up from $987 million a year ago as it reported record quarterly average production.

Canadian Natural Resources’ quarterly profit tops estimates on higher production

Canadian Natural said it would lower its annual capital budget by $100-million to $6.05-billion, adding it would have no impact on the company’s planned operating activities or targeted production levels for 2025

Canadian Natural Resources Limited Announces 2025 First Quarter Results

Calgary, Alberta--(Newsfile Corp. - May 8, 2025) - Canadian Natural's (TSX: CNQ) (NYSE: CNQ) President, Scott Stauth, commented on the