The Oil/Energy market has been highly volatile, recently dropping below $70 per barrel. Concerns over weaker global demand, lackluster Chinese economic stimulus, and a surging U.S. dollar have weighed on market sentiment. On Thursday, Brent crude settled at $74.23 a barrel, while WTI finished at $70.10 — both still down on a year-to-date basis. Analysts warn that the planned production increases of OPEC+ could further depress prices, despite geopolitical uncertainties.High-Yield Stocks: A Cushion for Invest ...

Canadian Natural Resources Limited (CNQ) reported third-quarter 2024 adjusted earnings per share of 71 cents, which beat the Zacks Consensus Estimate of 67 cents. This outperformance can be attributed to decreased year-over-year expenses in the quarter. However, the bottom line declined from 97 cents in the year-ago quarter due to lower production and weaker commodity prices.Total revenues of $6.5 billion depreciated from $7.4 billion recorded in the prior-year period due to reduced product sales. However, ...

Laurentian Research is a resource industry veteran with a Ph.D. in geoscience and decades of investment experience. He leads the investing group The Natural Resources Hub, with an aim of helping membes uncover undervalued opportunities in the energy and mining sectors with multi-bagger potential. He is also passionate about helping members find dividend growth opportunities from long-term growth industries. Members get weekly newsletters, proprietary in-depth analyses, trade alerts, model portfolios, privat ...

财务数据和关键指标变化 - 公司在第三季度实现调整后资金流入39亿加元，调整后净收益为21亿加元，股东回报总计19亿加元，其中约11亿加元用于分红，740百万加元用于股票回购 [31][32] - 截至2024年第三季度末，公司的净债务为93亿加元，债务与息税折旧摊销前利润比率为0.6倍，流动性强，流动资金约为62亿加元 [34] 各条业务线数据和关键指标变化 - 第三季度的平均生产量约为136.3万桶油当量，其中液体生产为102.2万桶，天然气生产超过20亿立方英尺 [7] - 常规重油生产平均为76,800桶/天，同比增长1%，主要得益于多边井的强劲表现 [13] - 北美轻油和天然气液体生产平均为106,300桶/天，同比下降3%，主要由于临时处理设施停机和铁路运输限制 [17] - 第三季度热采生产平均为271,500桶/天，同比下降5%，主要由于生产的周期性和自然衰退 [21] 各个市场数据和关键指标变化 - 公司在油砂开采和升级业务中，第三季度SCO生产平均为498,000桶/天，同比增长约7,000桶/天 [25] - 油砂开采和升级的运营成本平均为每桶20.67加元，同比下降7%，主要由于生产量增加和能源成本降低 [27] 公司战略和发展方向和行业竞争 - 公司计划在2024年12月1日之前，将TMX的合同原油运输能力增加75,000桶/天，以支持长期战略，扩大炼油市场，提升净收益并减少对原油出口限制的依赖 [12] - 公司与Chevron达成协议，收购其在AOSP的20%权益，预计将增加约62,500桶/天的长期无衰退SCO生产 [10] 管理层对经营环境和未来前景的评论 - 管理层表示，尽管面临低商品价格环境，公司仍将专注于优化生产和降低成本，以保持强劲的自由现金流 [44] - 管理层对未来的预算和资本配置持谨慎态度，强调将优先考虑高回报项目 [46] 其他重要信息 - 公司董事会已同意将季度分红提高7%，至每股56.25加元，这将标志着公司连续第25年增加分红 [32][33] - 公司在2024年计划钻探74口天然气井，较2024年预算减少17口，年产气量指导保持不变 [20] 问答环节所有提问和回答 问题: 关于Horizon和油砂开采的成本节约潜力 - 管理层表示，在非检修年，Horizon的成本节约预计约为7500万加元 [39] 问题: 关于热采项目的进展 - 管理层确认Pipe 1项目的管道工作已开始，并将在2025年继续进行 [42] 问题: 在低商品价格环境下的成本优化机会 - 管理层强调将继续专注于生产优化，以降低整体运营成本 [44] 问题: 关于Kirby North的溶剂注入试点项目 - 管理层表示，初步结果积极，未来可能在其他新井中应用该技术 [50] 问题: 关于Chevron资产的整合及其对盈亏平衡的影响 - 管理层指出，新的资产将对盈亏平衡产生适度的积极影响 [54] 问题: 关于Duvernay与Montney的资本竞争 - 管理层表示，Duvernay的液体产量与Montney相当，未来将根据经济效益进行资本配置 [61]

Join iREIT on Alpha today to get the most in-depth research that includes REITs, mREITs, Preferreds, BDCs, MLPs, ETFs, and other income alternatives. 438 testimonials and most are 5 stars. Nothing to lose with our FREE 2-week trial .I'm a fan of catchy titles. By now, I doubt that comes as a surprise to many. However, I also made the promise to never clickbait readers or lie about my investments.Analyst’s Disclosure: I/we have a beneficial long position in the shares of CNQ either through stock ownership, o ...

Canadian Natural Resources (CNQ) came out with quarterly earnings of $0.71 per share, beating the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.97 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.97%. A quarter ago, it was expected that this oil and natural gas company would post earnings of $0.62 per share when it actually produced earnings of $0.64, delivering a surprise of 3.23%.Over the last ...

文章核心观点 - 公司拥有多元化的资产组合,包括油砂开采和升级、热采油砂、常规油气等,可以根据市场情况灵活调配资本投入,实现持续高回报 [28][29][31] - 公司在第三季度实现了强劲的财务业绩,包括净收益约21亿加元、调整后自由现金流约39亿加元,并向股东分配了约19亿加元 [3][8] - 公司宣布将增加季度股息7%,这是公司连续25年增加股息,复合年增长率达21% [4][26] - 公司通过收购Chevron在阿萨巴斯卡油砂项目和杜威尼亚资产的权益,进一步增强了自身的资产组合和可持续自由现金流 [19][20] 财务业绩总结 - 第三季度净收益约21亿加元,调整后净收益约20.7亿加元 [3][8] - 第三季度经营活动产生的现金流约30亿加元,调整后自由现金流约39亿加元 [3][8] - 公司维持强劲的资产负债表,截至9月30日拥有约62亿加元的流动性 [9] 运营表现总结 - 第三季度总产量平均136.3万桶油当量/天,其中液体产品102.2万桶/天,天然气约20亿立方英尺/天 [2][9] - 油砂开采和升级业务产量创新高,第三季度平均产量约49.8万桶/天,单季度最高达52.9万桶/天 [10][11] - 油砂开采和升级业务单位运营成本保持行业领先,第三季度为20.67加元/桶(15.16美元/桶) [12] - 热采油砂业务产量平均27.2万桶/天,其中Jackfish项目创新高达12.8万桶/天 [15][16] 市场环境和销售 - WTI原油价格第三季度平均75.16美元/桶,较去年同期下降7.02美元/桶 [57] - 合成原油价格较WTI溢价1.35美元/桶,较去年同期收窄1.46美元/桶 [57] - 公司已增加原油运输承诺至256,500桶/天,进一步拓展了销售市场,提高了净回收价格 [17][59][60]

Wall Street expects a year-over-year decline in earnings on lower revenues when Canadian Natural Resources (CNQ) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released ...

Canadian Natural Resources Limited (CNQ) is set to release third-quarter results on Oct 31. The Zacks Consensus Estimate for the to-be-reported quarter is pegged at a profit of 67 cents per share on revenues of $6.4 billion.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Let’s delve into the factors that might have influenced this independent energy company’s performance in the September quarter. But it’s worth taking a look at CNQ’s previous-quarter performance first.Highlights of Q2 ...

Retirement is complicated and you only get once chance to do it right. Don't miss out because you didn't know what was out there. The Retirement Forum provides actionable ideals, a high-yield safe retirement portfolio, and macroeconomic outlooks, all to help you maximize your capital and your income. We search the entire market to help you maximize returns. Canadian Natural Resources (NYSE: CNQ ) is one of the largest pure-play upstream companies in Canada. The company has a market capitalization of more th ...