Canadian Natural Resources swings to quarterly loss on low crude prices – ZAWYA

Canadian Natural Resources swings to quarterly loss on low crude prices – ZAWYA

Canadian Natural Resources swings to quarterly loss on low crude prices. Average realized prices for crude and natural gas liquids more than halved to C$25.90 per barrel in the first quarter, before risk management.. The company's net loss stood at C$1.28 billion ($908.90 million), or C$1.08 per share, in the first quarter ended March 31, from a profit of C$961 million, or 80 Canadian cents per share, in the year-ago period..