Canadian Natural Resources (CNQ) Misses Q2 EPS by 14c

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Go back to Canadian Natural Resources (CNQ) Misses Q2 EPS by 14c

Canadian Natural Resources Limited Announces 2020 Second Quarter Results

August 6, 2020 5:00 AM EDT

CALGARY, Alberta, Aug. 06, 2020 (GLOBE NEWSWIRE) -- Commenting on the Company's second quarter 2020 results, Tim McKay, President of Canadian Natural, stated "Canadian Natural is in a strong position as a result of our capital flexibility and continued focus on cost control, which maximizes margins in a volatile commodity price environment. The effectiveness of our strategies and our ability to execute on those strategies allows us to react quickly to changing markets and commodity price volatility.

In Q2/20, we delivered top tier operational results, producing approximately 1,165 MBOE/d, including liquids production of approximately 922... More