Canadian Natural Resources Limited Announces 2019 Fourth Quarter and Year End Results
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Canadian Natural Resources (CNQ) Tops Q4 EPS by 9c
March 5, 2020 6:09 AM ESTCanadian Natural Resources (NYSE: CNQ) reported Q4 EPS of $0.58, $0.09 better than the analyst estimate of $0.49.
Canadian Natural's President, Tim McKay, added, "In 2019, we demonstrated that Canadian Natural is truly a unique, sustainable and robust company. Our unparalleled asset base underpinned by our long life low decline assets combined with our E&P assets generated record adjusted funds flow of approximately $10.3 billion and delivered record free cash flow of approximately $4.6 billion in 2019, excluding major acquisition costs. The Company achieved record production totaling 1,098,957 BOE/d,... More
