Q: I know you think very highly of CNQ. What did you think of their earnings?
5i Research Answer:
EPS of 93c missed estimates of 96c; revenue of $9.46B beat estimates of $8.59B. EBITDA of $4.2B missed estimates of $4.4B. The dividend was raised 4%. Earnings and revenue did fall year over year. Production rose 3%. We would consider these good numbers and continue to like the stock.