Home › Canadian Natural Resources to cut capital spending again after quarterly loss
 

Keywords :   


Canadian Natural Resources to cut capital spending again after quarterly loss

2015-05-07 14:09:07| Oil & Gas - Topix.net

Canadian Natural Resources Ltd. says it recorded a net loss of $252 million in the first quarter of the year, or 23 cents per share, as the recent plunge in crude oil prices continues to impact its bottom line. The company says it has increased production and cut costs in response to the lower prices and will trim this year's capital spending by another $300 million across all segments, to approximately $5.7 billion.

Tags: resources natural capital loss

Category:Energy and Environment

Latest from this category

All news
28.06Heritage Environmental Services to Acquire EBV from General Dynamics
28.06This Week in Waste: Top Stories June 24 June 27, 2024
28.06Greenfield, Mass. Begins Transition to Single-Stream Recycling
28.06Ottawa, Canada Approves New Solid Waste Master Plan to Extend Life of Landfill
28.06The Recycling Partnership Elects New Directors to Board, Appoints New Senior Leaders in Marketing and Policy
27.06Cleanaway Waste Management Acquires Citywide Waste for $110 Million
27.06Wayne County, Miss. Officials Look into Solutions for Hazardous, Construction Waste
27.06Texas Disposals Gregory Transforms Ideas Into Real World Plans
Energy and Environment »
29.06Weekly Recap: PPG, Hempel, Beckers Group Top This Weeks Stories
29.06Tropical Storm Beryl Graphics
29.06Tropical Storm Beryl Forecast Discussion Number 3
29.06Tropical Storm Beryl Public Advisory Number 3
29.06Summary for Tropical Storm Beryl (AT2/AL022024)
29.06Tropical Storm Beryl Wind Speed Probabilities Number 3
29.06Tropical Storm Beryl Forecast Advisory Number 3
29.06Eastern North Pacific Tropical Weather Outlook
More »