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Canadian Natural Resources reports fall in fourth-quarter profit

ReutersMar 6, 2025 10:07 AM

- Oil and gas company Canadian Natural Resources CNQ.TO on Thursday posted a fall in fourth-quarter profit as weaker commodity prices overshadowed a rise in production.

The Calgary, Alberta-based company's net income fell to C$1.14 billion ($794.76 million), or 54 Canadian cents per share, in the three months ended December 31, from C$2.63 billion, or C$1.21, a year earlier.

($1 = 1.4344 Canadian dollars)

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