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Canadian Natural Resources Limited (CNQ) Q4 2019 Results - Earnings Call Transcript

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Canadian Natural Resources Limited (NYSE:CNQ) Q4 2019 Earnings Conference Call March 5, 2020 11:00 AM ET

Company Participants

Corey Bieber - Executive Advisor

Steve Laut - Executive Vice Chairman

Tim McKay - President

Scott Stauth - Chief Operating Officer for Oil Sands

Darren Fichter - Chief Operating Officer, Exploration and Production

Mark Stainthorpe - Chief Financial Officer

Conference Call Participants

Greg Pardy - RBC Capital Markets

Benny Wong - Morgan Stanley

Dennis Fong - Canaccord Genuity

Asit Sen - Bank of America

Manav Gupta - Credit Suisse

Emily Chieng - Goldman Sachs

John Royall - JP Morgan

Mike Dunn - Stifel FirstEnergy


Good morning, ladies and gentlemen. And welcome to the Canadian Natural Resources Q4 '19

Earnings Results Conference Call and Webcast. 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 March 5, 2020 at 9:00 A.M. Mountain Time.

I would now like to turn the meeting over to your host for today's call, Corey Bieber, Executive Advisor. Please go ahead, Mr. Bieber. Thank you.

Corey Bieber

Thank you, operator. Good morning, everyone. And thank you for joining our fourth quarter and year-end 2019 conference call. With me this morning are, Steve Laut, Executive Vice Chairman; Tim McKay, President; Scott Stauth, Chief Operating Officer for Oil Sands; Darren Fichter, Chief Operating Officer, Exploration and Production; and Mark Stainthorpe, our Chief Financial Officer.

Before we begin, I would refer you to the special note regarding non-GAAP measures contained in our press release. These measures used to evaluate company's performance, should not be considered to be more meaningful than those determined in accordance with IFRS. I would also like to refer you to the comments regarding forward-looking statements contained in our press release. And also note that all amounts are

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