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Stock news for investors: Canadian Natural boosts quarterly dividend after massive Q4 profit
MoneySense· 2026-03-06 07:45
Canadian Natural Resources - Canadian Natural reported a fourth-quarter profit of $2.54 per diluted share for the quarter ended Dec. 31, up from 54 cents per diluted share in the fourth quarter of 2024 [1] - On an adjusted basis, earnings from operations were 82 cents per diluted share, down from 93 cents per diluted share a year earlier [1] - Product sales for the quarter totaled $10.71 billion, down from $11.06 billion in the fourth quarter of 2024 [2] - Production before royalties amounted to 1,658,681 barrels of oil equivalent per day, up from 1,470,428 a year earlier [2] Pet Valu Holdings Ltd. - Pet Valu reported a fourth-quarter profit of $29.4 million, an increase from $28.9 million a year earlier [4][7] - Revenue for the quarter totaled $326.4 million, up from $295.1 million, aided by an extra week in the reporting period [6][7] - Excluding the extra week, revenue totaled $305.5 million in its fourth quarter of 2025 [6] - Same-store sales growth was 0.3% [6] - The company raised its quarterly dividend to 13 cents per share, up from 12 cents per share [5] George Weston Ltd. - George Weston reported a fourth-quarter profit of $280 million, down from $664 million a year ago [10][12] - Revenue rose 11% to $16.54 billion, up from $14.87 billion a year earlier [11][12] - On an adjusted basis, earnings were $1.21 per diluted share, up from $1.05 per diluted share in the fourth quarter of 2024 [11] Canada Packers Inc. - Canada Packers reported a fourth-quarter profit of $23.2 million, down from $50.6 million a year ago [14][16] - Sales totaled $429.4 million, slightly up from $424.0 million a year earlier, driven by increased volumes and favorable market pricing [15][16] - On an adjusted basis, earnings were 63 cents per share, down from 79 cents per share a year earlier [15]