CNRL's 2Q15 disclosures were highlighted by production results that were more or less in line with guidance, and lower than expected operating costs. CFPS (diluted) of $1.38/share was in line with our $1.37/share estimate. 2015e production guidance was unchanged, while capex guidance fell by $245 mm. A net loss of $0.37/share was negatively impacted by a one-time charge associated with the increase to the corporate tax rate.
06 Aug 2015
2Q15 Results
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2Q15 Results
Canadian Natural Resources Limited (CNQ:TSE) | 0 0 (-1.6%) | Mkt Cap: 47,712m
- Published:
06 Aug 2015 -
Author:
Michael P. Dunn -
Pages:
5
CNRL's 2Q15 disclosures were highlighted by production results that were more or less in line with guidance, and lower than expected operating costs. CFPS (diluted) of $1.38/share was in line with our $1.37/share estimate. 2015e production guidance was unchanged, while capex guidance fell by $245 mm. A net loss of $0.37/share was negatively impacted by a one-time charge associated with the increase to the corporate tax rate.