Canadian Natural Resources reports $987M Q1 profit, down from $1.8B a year ago

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Canadian Natural Resources reports $987M Q1 profit, down from $1.8B a year ago
Canadian Natural Resources LtdDiluted Share
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CALGARY — Canadian Natural Resources Ltd. reported its first-quarter profit fell compared with a year ago as it realized lower prices for synthetic crude oil...

CALGARY — Canadian Natural Resources Ltd. reported its first-quarter profit fell compared with a year ago as it realized lower prices for synthetic crude oil and natural gas.

Production in the quarter averaged 1,333,502 barrels of oil equivalent per day, up from 1,319,391 a year ago. OTTAWA -The Bank of Canada is getting closer to being able to start cutting interest rates from their current 23-year highs, Governor Tiff Macklem said on Wednesday. In testimony to the Senate banking committee, Macklem said inflation was coming down and Canadians wanted to know when the central bank would start cutting interest rates. Canada's annual inflation rate was 2.9% in March, a little higher than the previous month.The Canadian dollar strengthened against its U.S.

These five companies offer strong returns. The post Dividend Royalty: 5 Fabulous Stocks to Buy Now for Decades of Passive Income appeared first on The Motley Fool Canada. -- The cocoa market was whipsawed by extreme volatility in the futures market on Tuesday amid a lack of liquidity.

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