Canadian Natural Resources Limited Announces 2018 Second Quarter Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/31/2026
- Wall Street dips as spiking crude prices revive fears of inflation, rate hike
- The Warsh pivot markets didn't expect
- Oil settles up by more than 2.5% as US and Iran resume military attacks
- Energy stocks rally as fresh U.S.-Iran attacks drive oil prices higher
- BofA turns S&P 500 signals from red to yellow: What to buy now
Canadian Natural Resources (CNQ) Reports Q2 EPS of $1.04
August 2, 2018 5:47 AM EDTCanadian Natural Resources (NYSE: CNQ) reported Q2 EPS of $1.04, versus $0.49 reported last year.
Canadian Natural's President, Tim McKay, added, "In the second quarter of 2018, operations were strong and cost control remained a focus, specifically at our Oil Sands Mining and Upgrading assets, where costs continue to come down. Operating costs of $22.94/bbl (US$17.77/bbl) of Synthetic Crude Oil ("SCO") were impressive given the successfully completed turnaround and pit stop activities in the quarter.
Canadian Natural's ability to effectively allocate capital was... More
