Canadian Natural Resources (CNQ) Posts Q1 EPS of C$0.22

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Go back to Canadian Natural Resources (CNQ) Posts Q1 EPS of C$0.22

Canadian Natural Resources Limited Announces 2017 First Quarter Results

May 4, 2017 5:01 AM EDT

CALGARY, ALBERTA -- (Marketwired) -- 05/04/17 -- Commenting on the first quarter 2017 results, Steve Laut, President of Canadian Natural (TSX: CNQ)(NYSE: CNQ) stated, "The strength of our well balanced and diverse portfolio, combined with Canadian Natural's ability to effectively and efficiently execute, delivered a strong first quarter for the Company. Funds flow from operations were strong in the quarter, exceeding capital expenditures by approximately $800 million, and as a direct result, contributed to over $500 million of debt reduction in the quarter, strengthening our balance sheet quickly.

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