Canadian Natural Resources (CNQ) Declares $0.26 (C$0.335) Quarterly Dividend; 3.3% Yield
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Canadian Natural Resources (CNQ) Reports Q4 EPS of Cdn$0.46
March 1, 2018 6:10 AM ESTCanadian Natural Resources (NYSE: CNQ) reported Q4 EPS of Cdn$0.46, versus Cdn$0.40 reported last year.
Fourth Quarter Highlights
Net earnings of $396 million and adjusted net earnings of $565 million were realized in Q4/17. Canadian Natural generated significant funds flow from operations of $2,307 million in Q4/17, increases of $632 million and $630 million over Q3/17 and Q4/16 levels, respectively.The Company's corporate production volumes averaged a record 1,020,094 BOE/d in Q4/17, in-line with Q3/17 levels and a 19% increase from Q4/16 levels.Canadian Naturals corporate crude oil and NGL production volumes averaged... More