Workflow
Canadian Natural to Report Q3 Earnings: What's in the Offing?

Key Takeaways CNQ is set to report Q3 earnings of 54 cents per share on estimated revenues of 6.7billion.HigherOilSandsoutputandnewMontneyassetsmayhaveliftedQ3productionvolumes.RisingNorthSea,OffshoreAfricaandOilSandsexpensescouldweighonquarterlyprofit.CanadianNaturalResourcesLimited (CNQ)issettorelease thirdquarterresults onNov.6.TheZacksConsensusEstimateforearningsispeggedat54centspershareonrevenuesof6.7 billion.Higher Oil Sands output and new Montney assets may have lifted Q3 production volumes.Rising North Sea, Offshore Africa and Oil Sands expenses could weigh on quarterly profit.Canadian Natural Resources Limited (CNQ) is set to release third-quarter results on Nov. 6. The Zacks Consensus Estimate for earnings is pegged at 54 cents per share on revenues of 6.7 billion.Let us delve into the factors that mi ...