Canadian Natural Resources Ltd (TSX:CNQ)
C$ 47.59 -0.04 (-0.08%) Market Cap: 100.56 Bil Enterprise Value: 109.87 Bil PE Ratio: 13.52 PB Ratio: 2.52 GF Score: 85/100

Q1 2023 Canadian Natural Resources Ltd Earnings Call Transcript

May 04, 2023 / 02:00PM GMT
Release Date Price: C$37.09 (-2.96%)
Operator

Good morning. We would like to welcome everyone to the Canadian Natural Resources 2023 First Quarter Earnings Conference Call and Webcast. (Operator Instructions) Please note that this call is being recorded today, May 4, 2023 at 8:00 AM Mountain Time. I would like to turn your meeting over to your host for today's call, Lance Casson, Manager of Investor Relations. Please go ahead.

Lance J. Casson
Canadian Natural Resources Limited - Manager of IR

Thank you, operator. Good morning, everyone, and welcome to Canadian Natural's first quarter 2023 earnings conference call. As always, before we begin, I'd like to remind you of our forward-looking statements, and it should be noted that in our reporting disclosures everything is in Canadian dollars, unless otherwise stated, and we report our reserves and production before royalties. Additionally, I would suggest you review our comments on non-GAAP disclosures in our financial statements. With me this morning is Tim McKay, our President; and Mark Stainthorpe, our Chief Financial Officer.

Tim will first speak

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