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Canadian Natural Resources' Q1 Adjusted Earnings, Revenue Decline
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Canadian Natural Resources' Q1 Adjusted Earnings, Revenue Decline
May 2, 2024 3:58 AM

06:34 AM EDT, 05/02/2024 (MT Newswires) -- Canadian Natural Resources ( CNQ ) reported Q1 adjusted earnings Thursday of 1.37 Canadian dollars ($1) per diluted share, down from CA$1.69 a year earlier.

Analysts polled by Capital IQ expected CA$1.49.

Revenue for the quarter ended March 31 was CA$8.24 billion, compared with CA$8.63 billion a year earlier.

Three analysts surveyed by Capital IQ expected CA$8.27 billion.

The company said its board of directors has maintained a quarterly dividend of CA$1.05 per share, payable on July 5 to shareholders of record as of June 17.

Price: 75.84, Change: +0.89, Percent Change: +1.19

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