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Canadian Natural Resources' Q2 earnings meet Street estimates

Aug 02, 2019 - SNL Energy Finance Daily
Financial Results

Canadian Natural Resources Ltd. on Aug. 1 reported second-quarter adjusted net earnings from operations of C$1.04 billion, or 87 Canadian cents per share, down from C$1.28 billion, or C$1.04 per share, in the year-ago period.

The S&P Global Market Intelligence consensus normalized EPS estimate for the second quarter was 87 Canadian cents.

Net earnings amounted to C$2.83 billion, or C$2.36 per share, an increase from C$982 million, or 80 Canadian cents per share, in the same quarter a...