Core Insights - Canadian Natural Resources (CNQ) reported a revenue of 0.66 compared to 6.39 billion by 5.88% [1] - The company experienced an EPS surprise of -4.35%, with the consensus EPS estimate being $0.69 [1] Financial Performance - The stock of Canadian Natural Resources has returned -11.7% over the past month, while the Zacks S&P 500 composite has changed by -3.5% [3] - The current Zacks Rank for the stock is 3 (Hold), indicating potential performance in line with the broader market in the near term [3] Production Metrics - Average daily production was 1,470,428 BOE/D, surpassing the estimated 1,436,480 BOE/D [4] - Primary Heavy Oil production was 82.13 thousand barrels per day, slightly above the estimated 81.86 thousand barrels [4] - Thermal In Situ Oil production was 276.23 thousand barrels per day, below the estimated 281.07 thousand barrels [4] - Oil Sands Mining and Upgrading production was 534.63 thousand barrels per day, exceeding the estimated 507.12 thousand barrels [4] - Pelican Lake Oil production was 44.04 thousand barrels per day, below the estimated 45.71 thousand barrels [4] - North Sea Oil production was 11.47 thousand barrels per day, slightly below the estimated 11.98 thousand barrels [4] - North Sea Natural Gas production was 4 Mcf/D, significantly above the estimated 1.46 Mcf/D [4] - Offshore Africa Oil production was 11.94 thousand barrels per day, below the estimated 13.55 thousand barrels [4] - Average daily production of oil & liquids was 1,090,002 BBL/D, exceeding the estimated 1,064,114 BBL/D [4] - Average daily production of natural gas was 2,283 million cubic feet, surpassing the estimated 2,225.38 million cubic feet [4] - North America Natural Gas production was 2,273 Mcf/D, above the estimated 2,214.17 Mcf/D [4] - Offshore Africa Natural Gas production was 6 Mcf/D, below the estimated 9.75 Mcf/D [4]
Canadian Natural Resources (CNQ) Reports Q4 Earnings: What Key Metrics Have to Say