Canadian Natural Resources: Q4 Earnings Snapshot

CALGARY ALBERTA CANADA, Alberta (AP) — CALGARY ALBERTA CANADA, Alberta (AP) — Canadian Natural Resources Ltd. (CNQ) on Thursday reported fourth-quarter net income of $1.93 billion.

On a per-share basis, the Calgary Alberta Canada, Alberta-based company said it had net income of $1.77. Earnings, adjusted for non-recurring gains, were $1.72 per share.

The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.59 per share.

The oil and natural gas company posted revenue of $7.84 billion in the period. Its adjusted revenue was $7.02 billion, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $6.73 billion.

For the year, the company reported profit of $6.1 billion, or $5.53 per share. Revenue was reported as $26.64 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CNQ at https://www.zacks.com/ap/CNQ