Canadian Pure Sources (CNQ) reported $6.77 billion in income for the quarter ended December 2024, representing a year-over-year decline of three.6%. EPS of $0.66 for a similar interval compares to $0.86 a 12 months in the past.
The reported income compares to the Zacks Consensus Estimate of $6.39 billion, representing a shock of +5.88%. The corporate delivered an EPS shock of -4.35%, with the consensus EPS estimate being $0.69.
Whereas traders scrutinize income and earnings modifications year-over-year and the way they evaluate with Wall Avenue expectations to find out their subsequent transfer, some key metrics at all times provide a extra correct image of an organization’s monetary well being.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps traders venture a inventory’s value efficiency extra precisely.
Right here is how Canadian Pure Sources carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Avenue analysts:
- Complete manufacturing – Common every day manufacturing: 1,470,428 BOE/D versus 1,436,480 BOE/D estimated by 4 analysts on common.
- Manufacturing – Major Heavy Oil per day: 82.13 1000’s of barrels of oil versus 81.86 1000’s of barrels of oil estimated by three analysts on common.
- Manufacturing – Thermal In Situ Oil per day: 276.23 1000’s of barrels of oil versus 281.07 1000’s of barrels of oil estimated by three analysts on common.
- Manufacturing – Oil Sands Mining and Upgrading per day: 534.63 1000’s of barrels of oil versus 507.12 1000’s of barrels of oil estimated by three analysts on common.
- Manufacturing – Pelican Lake Oil per day: 44.04 1000’s of barrels of oil versus 45.71 1000’s of barrels of oil estimated by three analysts on common.
- Manufacturing – North Sea Oil per day: 11.47 1000’s of barrels of oil in comparison with the 11.98 1000’s of barrels of oil common estimate based mostly on three analysts.
- Manufacturing – North Sea Pure Gasoline per day: 4 Mcf/D in comparison with the 1.46 Mcf/D common estimate based mostly on three analysts.
- Manufacturing – Offshore Africa Oil per day: 11.94 1000’s of barrels of oil versus the three-analyst common estimate of 13.55 1000’s of barrels of oil.
- Oil & liquids – Common every day manufacturing: 1,090,002 BBL/D versus 1,064,114 BBL/D estimated by three analysts on common.
- Pure fuel – Common every day manufacturing: 2283 tens of millions of cubic ft versus 2225.38 tens of millions of cubic ft estimated by three analysts on common.
- Manufacturing – North America Pure Gasoline per day: 2,273 Mcf/D versus the three-analyst common estimate of two,214.17 Mcf/D.
- Manufacturing – Offshore Africa Pure Gasoline per day: 6 Mcf/D versus 9.75 Mcf/D estimated by three analysts on common.
View all Key Company Metrics for Canadian Natural Resources here>>>
Shares of Canadian Pure Sources have returned -11.7% over the previous month versus the Zacks S&P 500 composite’s -3.5% change. The inventory at present has a Zacks Rank #3 (Maintain), indicating that it may carry out according to the broader market within the close to time period.
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Canadian Natural Resources Limited (CNQ) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.
