Canadian Natural Resources Limited (CNQ.TO,CNQ) reported third quarter net earnings of C$658 million or C$1.21 per share, compared to C$2.84 billion or C$5.25 per share last year.
Adjusted net earnings from operations was C$658 million or C$1.21 per share, compared to C$963 million or C$1.78 per share in the prior year quarter.
Revenue, before royalties declined to C$2.82 billion from C$4.58 billion in the same period last year.
The Company now forecasts 2009 production levels before royalties to average between 1,305 and 1,314 mmcf/d of natural gas and between 352,000 and 363,000 bbl/d of crude oil and NGLs.
Fourth quarter production guidance before royalties is forecast to average between 1,213 and 1,243 mmcf/d of natural gas and between 359,000 and 390,000 bbl/d of crude oil and NGLs.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.