Canadian Natural Q4 Earnings Miss Estimates, Revenues Beat

Canadian Natural Resources Limited (CNQ) reported fourth-quarter 2024 adjusted earnings per share of 66 cents, which missed the Zacks Consensus Estimate of 69 cents. The bottom line also declined from 97 cents in the year-ago quarter due to lower realized natural gas prices and higher year-over-year expenses in the quarter.Total revenues of $6.8 billion depreciated from$7 billion in the prior-year period due to a year-over-year increase in royalty expenses. However, the figure beat the Zacks Consensus Esti ...