Canadian Natural Resources: Q2 Earnings Snapshot

August 4, 2022 GMT

CALGARY ALBERTA CANADA, Alberta (AP) _ Canadian Natural Resources Ltd. (CNQ) on Thursday reported second-quarter net income of $2.74 billion.

On a per-share basis, the Calgary Alberta Canada, Alberta-based company said it had net income of $2.35. Earnings, adjusted for non-recurring costs, came to $2.55 per share.

The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.08 per share.

The oil and natural gas company posted revenue of $10.82 billion in the period. Its adjusted revenue was $8.99 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CNQ at https://www.zacks.com/ap/CNQ