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Update: Canadian Natural Resources Shares Rise After Improved Q1 Results Beat Expectations
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Update: Canadian Natural Resources Shares Rise After Improved Q1 Results Beat Expectations
May 26, 2025 4:30 AM

02:26 PM EDT, 05/08/2025 (MT Newswires) -- (Updates with recent share movement in the headline and first paragraph.)

Canadian Natural Resources ( CNQ ) shares were up 4.6% in recent Thursday trading after the company reported higher Q1 results that beat analyst expectations.

The company reported Q1 adjusted earnings Thursday of 1.16 Canadian dollars ($0.84) per diluted share, up from CA$0.68 a year earlier.

Analysts polled by FactSet expected CA$1.02.

Revenue for the quarter ended March 31 was CA$10.94 billion, compared with CA$8.24 billion a year earlier.

Analysts polled by FactSet expected CA$9.80 billion.

Price: 30.09, Change: +1.32, Percent Change: +4.57

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