Canadian Natural Resources Limited Announces 2020 Third Quarter Results

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Canadian Natural Resources (CNQ) Misses Q3 EPS by 14c

November 5, 2020 5:55 AM EST

Canadian Natural Resources (NYSE: CNQ) reported Q3 EPS of $0.35, $0.14 worse than the analyst estimate of $0.49.

Canadian Natural's President, Tim McKay, commented on the third quarter results stating "The resilience of our business model, as witnessed in our third quarter 2020 results, demonstrates Canadian Natural's competitive advantage as the strength of our long life low decline asset base allows the Company to effectively manage through commodity price cycles while preserving net asset value. Canadian Natural is focused on... More