The Oil/Energy market has been highly volatile, recently dropping below $70 per barrel. Concerns over weaker global demand, lackluster Chinese economic stimulus, and a surging U.S. dollar have weighed on market sentiment. On Thursday, Brent crude settled at $74.23 a barrel, while WTI finished at $70.10 — both still down on a year-to-date basis. Analysts warn that the planned production increases of OPEC+ could further depress prices, despite geopolitical uncertainties.High-Yield Stocks: A Cushion for Invest ...

Canadian Natural Resources Limited (CNQ) reported third-quarter 2024 adjusted earnings per share of 71 cents, which beat the Zacks Consensus Estimate of 67 cents. This outperformance can be attributed to decreased year-over-year expenses in the quarter. However, the bottom line declined from 97 cents in the year-ago quarter due to lower production and weaker commodity prices.Total revenues of $6.5 billion depreciated from $7.4 billion recorded in the prior-year period due to reduced product sales. However, ...

Laurentian Research is a resource industry veteran with a Ph.D. in geoscience and decades of investment experience. He leads the investing group The Natural Resources Hub, with an aim of helping membes uncover undervalued opportunities in the energy and mining sectors with multi-bagger potential. He is also passionate about helping members find dividend growth opportunities from long-term growth industries. Members get weekly newsletters, proprietary in-depth analyses, trade alerts, model portfolios, privat ...

Canadian Natural Resources Limited (NYSE:CNQ) Q3 2024 Earnings Conference Call October 31, 2024 11:00 AM ET Company Participants Lance Casson - IR Scott Stauth - COO, Oil Sands Mark Stainthorpe - CFO Conference Call Participants Dennis Fong - CIBC Neil Mehta - Goldman Sachs Greg Pardy - RBC Capital Markets Manav Gupta - UBS Menno Hulshof - TD Cowen Patrick O'Rourke - ATB Capital Markets Operator Good morning. We would like to welcome everyone to Canadian Natural's 2024 Third Quarter Earnings Conference Call ...

Join iREIT on Alpha today to get the most in-depth research that includes REITs, mREITs, Preferreds, BDCs, MLPs, ETFs, and other income alternatives. 438 testimonials and most are 5 stars. Nothing to lose with our FREE 2-week trial .I'm a fan of catchy titles. By now, I doubt that comes as a surprise to many. However, I also made the promise to never clickbait readers or lie about my investments.Analyst’s Disclosure: I/we have a beneficial long position in the shares of CNQ either through stock ownership, o ...

Canadian Natural Resources (CNQ) came out with quarterly earnings of $0.71 per share, beating the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.97 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.97%. A quarter ago, it was expected that this oil and natural gas company would post earnings of $0.62 per share when it actually produced earnings of $0.64, delivering a surprise of 3.23%.Over the last ...

Calgary, Alberta--(Newsfile Corp. - October 31, 2024) - Canadian Natural's (TSX: CNQ) (NYSE: CNQ) President, Scott Stauth, commented on the Company's third quarter results, "Our unique and diverse asset base provides us with a competitive advantage, as we can allocate capital to the highest return projects without being reliant on any one commodity. Our consistent and top tier results are driven by safe and reliable operations. Our commitment to continuous improvement is supported by a strong team culture ...

Wall Street expects a year-over-year decline in earnings on lower revenues when Canadian Natural Resources (CNQ) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released ...

Canadian Natural Resources Limited (CNQ) is set to release third-quarter results on Oct 31. The Zacks Consensus Estimate for the to-be-reported quarter is pegged at a profit of 67 cents per share on revenues of $6.4 billion.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Let’s delve into the factors that might have influenced this independent energy company’s performance in the September quarter. But it’s worth taking a look at CNQ’s previous-quarter performance first.Highlights of Q2 ...

Retirement is complicated and you only get once chance to do it right. Don't miss out because you didn't know what was out there. The Retirement Forum provides actionable ideals, a high-yield safe retirement portfolio, and macroeconomic outlooks, all to help you maximize your capital and your income. We search the entire market to help you maximize returns. Canadian Natural Resources (NYSE: CNQ ) is one of the largest pure-play upstream companies in Canada. The company has a market capitalization of more th ...