Canadian Natural Resources Limited Announces 2018 Second Quarter Results
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Canadian Natural Resources (CNQ) Reports Q2 EPS of $1.04
August 2, 2018 5:47 AM EDTCanadian Natural Resources (NYSE: CNQ) reported Q2 EPS of $1.04, versus $0.49 reported last year.
Canadian Natural's President, Tim McKay, added, "In the second quarter of 2018, operations were strong and cost control remained a focus, specifically at our Oil Sands Mining and Upgrading assets, where costs continue to come down. Operating costs of $22.94/bbl (US$17.77/bbl) of Synthetic Crude Oil ("SCO") were impressive given the successfully completed turnaround and pit stop activities in the quarter.
Canadian Natural's ability to effectively allocate capital was... More
