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Canadian Natural Resources (CNQ) Q1 2018 Results - Earnings Call Transcript

May 04, 2018 4:56 PM ETCanadian Natural Resources Limited (CNQ), CNQ:CA
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Canadian Natural Resources Ltd. (NYSE:CNQ) Q1 2018 Earnings Conference Call May 3, 2018 10:00 AM ET


Mark Stainthorpe - Vice President, Finance, Capital Markets

Steve Laut - Executive Vice Chairman

Tim McKay - President

Corey Bieber - Chief Financial Officer


Emily Chieng - Goldman Sachs

Paul Cheng - Barclays

Phil Gresh - JPMorgan

Roger Read - Wells Fargo

Amir Arif - Cormark Securities

Phil Skolnick - Eight Capital

Joe Gemino - Morningstar

Mike Dunn - GMP FirstEnergy

Fai Lee - Odlum Brown


Good morning, ladies and gentlemen. And welcome to the Canadian Natural Resources’ Q1 ’18 Earnings Conference Call. After the presentation, we will conduct a question-and-answer session. Instructions will be given at that time. Please note that this call is being recorded today, May 03, 2018 at 8:00 AM Mountain Time.

I would now like to turn the meeting over to your host for today's call, Mark Stainthorpe, Vice President, Finance, Capital Markets of Canadian Natural Resources. Please go ahead, Mr. Stainthorpe.

Mark Stainthorpe

Thank you, Christina. Good morning, everyone. And thank you for joining our first quarter 2018 conference call. This morning, we will be discussing our strategic focus on both responsible operations and creating shareholder value. Additionally, we will provide an update on our operations, ongoing projects and our strong financial position. With me this morning are Steve Laut, our Executive Vice Chairman; Tim McKay, our President; and Corey Bieber, our Chief Financial Officer.

Before we begin, I would like to refer you to the comments regarding forward-looking information contained in our press release. And also note that all amounts are in Canadian dollars and production and reserves are expressed as before royalties unless otherwise stated.

With that, I'll pass the call over to Steve.

Steve Laut

Thanks, Mark, and good morning, everyone. And thank you for joining

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