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Canadian Natural Resources Limited (CNQ) Management on Q1 2020 Results - Earnings Call Transcript

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Canadian Natural Resources Limited (NYSE:CNQ) Q1 2020 Earnings Conference Call May 7, 2020 10:00 AM ET

Company Participants

Corey Bieber - Executive Advisor

Tim McKay - President

Mark Stainthorpe - Chief Financial Officer

Conference Call Participants

Greg Pardy - RBC Capital Markets

Benny Wong - Morgan Stanley.

Philip Gresh - JPMorgan

Phi Skolnick - Eight Capital

Mike Dunn - Stifel FirstEnergy

Menno Hulshof - Dundee Securities

Manav Gupta - Credit Suisse

Neil Mehta - Goldman Sachs

Harry Mateer - Barclays Capital


Good morning ladies and gentlemen and welcome to the Canadian Natural Resources Earnings Results Conference Call/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 May 7th, 2020 at 8:00 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. Thanks and enjoy the day.

Corey Bieber

Thank you operator. Good morning everyone and thank you for joining our first quarter 2020 conference call. With me this morning are Tim McKay our President; Scott Stauth, Chief Operating Officer for Oil Sands; Darren Fichter, Chief Operating Officer for Exploration and Production; and Mark Stainthorpe, Chief Financial Officer.

In order to facilitate today's call, we will be referring to a number of slides which are currently available on our website. I would encourage you to download this package to facilitate following along with the presentation. Further, I would ask that any detailed modeling questions be directed to Investor Relations rather than be handled on this call.

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 the company's performance should not be considered to be

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Comments (1)

akamaozu profile picture
As a new investor who just bought a little bit of CNQ, my opinion has little weight but ...

This is the most reassuring earnings call transcript I have ever read.

I feel super reassured my 13% yield is safe, and will gladly buy equity at lower yields because they sound like a world-class operation.

Long CNQ
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