Market Impact: Positive as cash flow was strong, opex was better than expected, and 2015e capex guidance has been reduced by a further $0.3 billion with no change to production guidance.
07 May 2015
1Q15 SOLID RESULTS, CAPEX REDUCED ANOTHER $0.3 BILLION
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1Q15 SOLID RESULTS, CAPEX REDUCED ANOTHER $0.3 BILLION
Canadian Natural Resources Limited (CNQ:TSE) | 0 0 (-1.6%) | Mkt Cap: 47,712m
- Published:
07 May 2015 -
Author:
Michael P. Dunn - Pages:
Market Impact: Positive as cash flow was strong, opex was better than expected, and 2015e capex guidance has been reduced by a further $0.3 billion with no change to production guidance.