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CNQ - Canadian Natural Resources News Story

C$22.6 0.5  2.3%

Last Trade - 9:18pm

Sector
Energy
Size
Large Cap
Market Cap £15.30bn
Enterprise Value £29.49bn
Revenue £11.40bn
Position in Universe 26th / 2681

Canadian Natural Resources swings to quarterly loss

Thu 7th May, 2020 10:11am
May 7 (Reuters) - Canadian Natural Resources Ltd  CNQ.TO 
posted a quarterly loss on Thursday from a year-ago profit, as
the oil and gas producer suffered from a slump in crude prices.
    The company's net loss stood at C$1.28 billion ($908.90
million), or C$1.08 per share, in the first quarter ended March
31, from a profit of C$961 million, or 80 Canadian cents per
share, in the year-ago period.  urn:newsml:reuters.com:*:nGNE6GPNqH
         


($1 = 1.4083 Canadian dollars)

 (Reporting by Arundhati Sarkar in Bengaluru; Editing by Krishna
Chandra Eluri)
 ((Arundhati.Sarkar@thomsonreuters.com; +1 646 223 8780 Ext:
2776; Reuters Messaging:
arundhati.sarkar.thomsonreuters.com@reuters.net))
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