Canadian Natural Resources (CNQ) Tops Q1 EPS by 1c
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August 4, 2016 5:05 AM EDT
CALGARY, ALBERTA -- (Marketwired) -- 08/04/16 --
Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) announces its Board of Directors has declared a quarterly cash dividend on its common shares of C$0.23 (twenty-three cents) per common share. The... More
August 4, 2016 5:00 AM EDT
CALGARY, ALBERTA -- (Marketwired) -- 08/04/16 --
Commenting on second quarter 2016 results, Steve Laut, President of Canadian Natural stated, "Canadian Natural delivered strong cash flow during the quarter while facing a number of challenges, ranging from low commodity prices to the proactive shut down of the Primrose East pipeline and operational issues at third party owned and operated natural gas facilities, which impacted quarterly production volumes. The major turnaround at Horizon is now largely complete with on spec production targeted for August 11, 2016. Start-up of the Horizon 2B expansion is targeted in October, with full production targeted in November, delivering additional... More
