CALGARY, Alberta – Canadian Natural Resources Ltd. (CNQ) released their fourth-quarter earnings, reporting a net income of $813.4 million, or 39 cents per share. Adjusted earnings were 66 cents per share, falling short of Wall Street expectations. Despite this, the company’s revenue of $7.91 billion exceeded forecasts, with adjusted revenue at $6.77 billion.
For the full year, CNQ reported a profit of $4.46 billion, or $2.08 per share, with revenue totaling $26.02 billion. The results were generated by Automated Insights using data from Zacks Investment Research.
Canadian Natural Resources Ltd. is a Calgary Alberta-based oil and natural gas company with operations spanning North America and internationally. With a focus on sustainability and responsible resource development, the company continues to navigate the changing landscape of the energy industry.
Investors and analysts will be closely watching CNQ’s performance in the upcoming quarters as they navigate market fluctuations and global energy demands. Stay tuned for further updates on Canadian Natural Resources Ltd. as they continue to drive innovation and growth in the energy sector.
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