Advertisement
Singapore markets closed

  • Straits Times Index

    3,287.75
    -5.38 (-0.16%)
     

  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     

  • Dow

    38,460.92
    -42.77 (-0.11%)
     

  • Nasdaq

    15,712.75
    +16.11 (+0.10%)
     

  • Bitcoin USD

    63,610.35
    -2,730.62 (-4.12%)
     

  • CMC Crypto 200

    1,360.23
    -22.34 (-1.62%)
     

  • FTSE 100

    8,091.71
    +51.33 (+0.64%)
     

  • Gold

    2,337.50
    -0.90 (-0.04%)
     

  • Crude Oil

    82.78
    -0.03 (-0.04%)
     

  • 10-Yr Bond

    4.6520
    +0.0540 (+1.17%)
     

  • Nikkei

    37,628.48
    -831.60 (-2.16%)
     

  • Hang Seng

    17,284.54
    +83.27 (+0.48%)
     

  • FTSE Bursa Malaysia

    1,569.25
    -2.23 (-0.14%)
     

  • Jakarta Composite Index

    7,155.29
    -19.24 (-0.27%)
     

  • PSE Index

    6,574.88
    +2.13 (+0.03%)
     

Canadian Natural Resources: 1Q Earnings Snapshot

Associated Press
Updated ·1-min read

CALGARY, Alberta (AP) _ Canadian Natural Resources Ltd. (CNQ) on Thursday reported a first-quarter loss of $955.9 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Calgary, Alberta-based company said it had a loss of 81 cents. Losses, adjusted for non-recurring costs and stock option expense, were 19 cents per share.

The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 4 cents per share.

The oil and natural gas company posted revenue of $3.47 billion in the period. Its adjusted revenue was $3.36 billion.

ADVERTISEMENT

Canadian Natural Resources shares have decreased 51% since the beginning of the year. The stock has fallen 44% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CNQ at https://www.zacks.com/ap/CNQ