Investing.com - Canadian Natural reported first quarter earnings that beat analysts' expectations on Thursday and revenue that was inline with forecasts.
The firm reported earnings per share of C$2.21 on revenue of C$8.14B. Analysts polled by Investing.com anticipated EPS of C$2.05 on revenue of C$8.14B. .
Canadian Natural shares gained 3.94% to trade at C$75.69 in intra-day trade following the report.
For the year, Canadian Natural shares are up 41.61%, outperforming the S&P/TSX which is up 0.08% year to date.
Canadian Natural follows other major Energy sector earnings this month
On Tuesday, February 15, 2022, TC Energy reported fourth quarter EPS of C$1.06 on revenue of C$3.58B, compared to forecasts of EPS of C$1.05 on revenue of C$3.29B.
Enbridge Pref A earnings beat analyst's expectations on Friday, February 11, 2022, with fourth quarter EPS of C$0.91 on revenue of C$12.52B. Investing.com analysts expected EPS of C$0.76 on revenue of C$11,281M
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