A haul truck and shovel at CNRL’s oil sands operation in northern Alberta. Screenshot/YouTube/Canadian Natural

Canadian Natural Resources Ltd. reported a second-quarter profit of $4.5 billion, up from $2.5 billion in the same quarter last year.

The company says the profit amounted to $2.15 per diluted share for the quarter ended June 30 compared with $1.17 per diluted share a year earlier.

On an adjusted basis, Canadian Natural says it earned $2.19 per diluted share in its latest quarter, up from an adjusted profit of 71 cents per diluted share in the second quarter of 2025.

The company says it hit record quarterly production of 1,677,000 barrels of oil equivalent per day for the quarter, up 18 per cent from a year ago.

Canadian Natural also raised its full-year production guidance range for the second time this year to between 1,637,000 boepd and 1,682,000 boepd from its previous range of 1,615,000 to 1,665,000 barrels of oil equivalent per day.

This report by The Canadian Press was first published Aug. 6, 2026.

Companies in this story: (TSX:CNQ)

  • 0121 Ministry of Energy and Resources April 2026
    0121 Ministry of Energy and Resources April 2026
  • 0134 SASPO-2956_ Safety 2026
    0134 SASPO-2956_ Safety 2026
  • 0133 LC Trucking hiring Class 1A Payden
    0133 LC Trucking hiring Class 1A Payden
  • 0132 UMWA 2026
    0132 UMWA 2026
  • 0129 Turnbull drivers operators
    0129 Turnbull drivers operators
  • 0128 OSY Rentals updated
    0128 OSY Rentals updated
  • 0126 Steel_Reef_Promo_
    0126 Steel_Reef_Promo_
  • 0118 IBEW 30 sec
    0118 IBEW 30 sec
  • 0114 Prospera Bold Vision
    0114 Prospera Bold Vision
  • 0113 Miller Epic Cinematic Hollywood trailer
    0113 Miller Epic Cinematic Hollywood trailer
  • 0102 Lori Carr Coal Extended
    0102 Lori Carr Coal Extended
  • 0099 Mryglod Steel 1080p
    0099 Mryglod Steel 1080p
  • 0095 Fast Trucking nearly 70 years good at it
    0095 Fast Trucking nearly 70 years good at it
  • 0046 City of Estevan This is Estevan Teaser
    0046 City of Estevan This is Estevan Teaser
  • 0077 Caprice Resources Stand Up For Free Speech
    0077 Caprice Resources Stand Up For Free Speech
  • 0061 SIMSA 2024 For Sask Buy Sask
    0061 SIMSA 2024 For Sask Buy Sask
  • 0051 JML Hiring Pumpjack assembly
    0051 JML Hiring Pumpjack assembly
  • 0049 Scotsburn Dental soft guitar
    0049 Scotsburn Dental soft guitar
  • 0032 IWS Summer hiring rock trailer music
  • 0022 Grimes winter hiring
  • 0018 IWS Hiring Royal Summer
  • 0013 Panther Drilling PO ad 03 top drive rigs
  • 0002 gilliss casing services
    0002 gilliss casing services
  • 9002 Pipeline Online 30 sec EBEX
    9002 Pipeline Online 30 sec EBEX
  • 9001

Pipeline Online Podcast Ep. 41: Erik Nickel, Petroleum Technology Research Centre