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Less Than Six Hours Before The NYSE Open, Canadian Natural Resources Limited Is Up By 4%

ViaNews Editorial Team

February 8, 2023

Less Than Six Hours Before The NYSE Open, Canadian Natural Resources Limited Is Up By 4%

(VIANEWS) - The NYSE opens in less than six hours and Canadian Natural Resources Limited's pre-market value is already 4.75% up.

Canadian Natural Resources Limited's last close was $59.19, 14.4% under its 52-week high of $69.15.

The last session, NYSE finished with Canadian Natural Resources Limited (CNQ) jumping 2.48% to $59.19. NYSE rose 0.79% to $16,021.62, following the last session's upward trend on what was a somewhat up trend trading session.

About Canadian Natural Resources Limited

Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs). The company offers synthetic crude oil (SCO), light and medium crude oil, bitumen (thermal oil), primary heavy crude oil, and Pelican Lake heavy crude oil. Its midstream and refining assets include two crude oil pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose. As of December 31, 2020, the company had total proved crude oil, bitumen, and NGLs reserves were 10,528 million barrels (MMbbl); total proved plus probable crude oil, bitumen, and NGLs reserves were 13,271 MMbbl; proved SCO reserves were 6,998 MMbbl; total proved plus probable SCO reserves were 7,535 MMbbl; proved natural gas reserves were 12,168 billion cubic feet (Bcf); and total proved plus probable natural gas reserves were 20,249 Bcf. It operates primarily in Western Canada; the United Kingdom portion of the North Sea; and Offshore Africa. The company was formerly known as AEX Minerals Corporation and changed its name to Canadian Natural Resources Limited in December 1975. Canadian Natural Resources Limited was incorporated in 1973 and is headquartered in Calgary, Canada.

Earnings Per Share

As for profitability, Canadian Natural Resources Limited has a trailing twelve months EPS of $-0.3.

The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 30.83%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 75.9%, now sitting on 39.08B for the twelve trailing months.

More news about Canadian Natural Resources Limited (CNQ).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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