Canadian Natural Res Q1 Average Production 1,333,502 Boe/D, Comprising Total Liquids Production Of 975,668 Bbl/d And Natural Gas Production Of 2,147 Mmcf/d
Portfolio Pulse from Benzinga Newsdesk
Canadian Natural Resources reported Q1 average production of 1,333,502 barrels of oil equivalent per day (Boe/D), including total liquids production of 975,668 barrels per day (Bbl/d) and natural gas production of 2,147 million cubic feet per day (Mmcf/d).
May 02, 2024 | 9:10 am
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Canadian Natural Resources reported a strong Q1 production, showcasing significant output in both liquids and natural gas.
The reported production figures indicate a strong operational performance by Canadian Natural Resources, which could positively influence investor sentiment and potentially lead to an increase in stock price in the short term. High production volumes, especially in the context of the energy sector, often correlate with improved revenue prospects, assuming stable or favorable market conditions for oil and gas.
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IMPORTANCE 90
RELEVANCE 100