Canadian (CNQ) Q2 Earnings Rise Y/Y, Sales Beat Estimates
CNQCanadian Natural Resources(CNQ) ZACKS·2024-08-07 20:31

Canadian Natural Resources Limited (CNQ) reported second-quarter 2024 net earnings per share (EPS) of 80 Canadian cents, reflecting an increase from the prior-year quarter level of 66 Canadian cents. This outperformance can be attributed to year-over-year higher production. The Calgary-based oil and gas exploration and production company's total revenues of $6.6 billion increased from $5.9 billion reported in the year-ago period, driven by increased product sales. Additionally, the figure beat the Zacks Con ...