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Canadian Natural Resources Ltd. (CNQ) Misses Q1 EPS by 8c

May 3, 2012 5:31 PM EDT
Canadian Natural Resources Ltd. (NYSE: CNQ) reported Q1 EPS of $0.39, $0.08 worse than the analyst estimate of $0.47. Revenue for the quarter came in at $3.97 billion versus the consensus estimate of $3.66 billion.

The Company forecasts 2012 production levels before royalties to average between 1,220 and 1,260 MMcf/d of natural gas and between 440,000 and 480,000 bbl/d of crude oil and NGLs. Q2/12 production guidance before royalties is forecast to average between 1,250 and 1,270 MMcf/d of natural gas and between 453,000 and 482,000 bbl/d of crude oil and NGLs.

For earnings history and earnings-related data on Canadian Natural Resources Ltd. (CNQ) click here.


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