Calgary, Alberta--(Newsfile Corp. - May 3, 2024) - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) held its Annual and Special Meeting of Shareholders on May 2, 2024. The result of the vote by shareholders for each resolution is reported below.The election of the following nominees as directors of the Corporation for the ensuing year or until their successors are elected or appointed.Votes ForVotes Withheld Catherine M. Best739,666,79497.19%21,395,0272.81% M. Elizabeth Cannon755,414,88999.26%5,646,9320.74% N. Murray Edwards734,115,20696.46%26,94...
Calgary, Alberta--(Newsfile Corp. - May 3, 2024) - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) ("Canadian Natural") announced today that it has set June 3, 2024 as the record date (the "Record Date") for the previously announced two for one split of its common shares (the "Share Split"). The Share Split was approved by shareholders of Canadian Natural at its annual and special meeting of shareholders held on May 2, 2024. On June 10, 2024 (the "Payment Date"), shareholders of record as of the close of business on the Record Date will receive one additional share for every one comm...
AUCTUS PUBLICATIONS ________________________________________ ADX Energy (ADX AU)C; target price of A$0.75 per share: Raising new equity to fund a high impact activity programme – ADX has raised A$13.5 mm of new equity priced at A$0.105 per share. One free-attaching option will be issued for evert two placement shares with an exercise price of A$0.15 per share and an expiry date of 08/05/2026. The proceeds from the raise will fund (1) the production testing of the 450 m gas column encountered at ...
EME Equity Market – April 2024 Market performance – green across all geographies, with Turkey outperforming. The MSCI EM Europe Index was up 5.3% mom in EUR terms and 4.2% mom in USD in April; while the Turkish ISE30 saw the strongest performance, adding 11.6% mom; followed by the Hungarian BUX (+5.0% mom); the Czech PX (+2.8% mom); the Greek ASE (+1.8% mom), the Polish WIG20 (+1.2% mom) and the Romanian BET (+0.1% mom) (all in EUR terms).
Moody's Ratings (Moody's) has completed a periodic review of the ratings of Canadian Natural Resources Limited and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 29 April 2024 in which Moody's reassessed the appropriateness of the rat...
Calgary, Alberta--(Newsfile Corp. - May 2, 2024) - Canadian Natural's (TSX: CNQ) (NYSE: CNQ) President, Scott Stauth, commented on the Company's first quarter results, "Canadian Natural is a world class company and during our 35 years of operations, we've delivered significant value, including recently reaching a position where, commencing in 2024, we are returning 100% of our free cash flow to our shareholders. Crude oil price forecasts have strengthened for the remainder of 2024, including improvements in West Texas Intermediate ("WTI"), Western Canadian Select ("WCS") and Synthetic Crude Oi...
Calgary, Alberta--(Newsfile Corp. - May 2, 2024) - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) announces that its Board of Directors has declared a quarterly cash dividend on its common shares of $1.05 (one dollar and five cents) per common share on a pre-stock split basis or $0.525 (fifty-two and one half cents) per common share after giving effect to the two for one stock split of the common shares, subject to approval at the Company's Annual and Special Meeting of Shareholders on May 2, 2024. The dividend will be payable on July 5, 2024 to shareholders of record at the close o...
HEADLINES: • Santander Bank Polska: 1Q24 results – 19%+ headline ROE affected only slightly by FX mortgage saga costs • Bank Pekao: 1Q24 results in line with market's expectations NEUTRAL • PCF Group: 4Q23 headlines hit heavily by write-offs, but a more limited EBITDA loss than we had expected NEUTRAL • Erste Bank: 1Q24 results NEUTRAL • OMV: 1Q24 results – chemicals stronger than expected NEUTRAL • Borouge: 1Q24 results – better than expected POSITIVE • OMV Petrom: 1Q24 results NEUTRAL • Garan...
HEADLINES: • Arcelik: weak bottom-line performance in 1Q24 NEGATIVE • Sipchem: 1Q24 results – weak net income NEGATIVE • Kruk: issues flash 1Q24 net profit of PLN 338m NEUTRAL • EME Macro/Strategy: macro all-in-one (22-28 April) • Türkiye macro: MPC takes a pause, but hiking cycle not over yet • OTP Bank: CEO Csanyi speaks at AGM on future acquisitions and Russian exposure POSITIVE • Budimex: BXF Energia acquires 60 MW photovoltaic project NEUTRAL • Inter Cars: dividend policy for 2023-25E and p...
In 1Q24, PTTEP disclosed a net profit of Bt18.7b, up 2% qoq, in line with our expectations. 2Q24 core profit should remain strong. We expect a qoq and yoy increase, driven by increased ASP and sales volume. PTTEP is poised to allocate additional investment to the Yadana project in Myanmar. It is prepared to extend the contract if there is potential for the development of gas production fields. Maintain BUY. Target price: Bt200.00.
KEY HIGHLIGHTS Update AP Thailand (AP TB/BUY/Bt10.50/Target: Bt13.50) 1Q24 preview: Expect a yoy and qoq decline in earnings; look ahead to 2Q24. PTT Exploration & Production (PTTEP TB/BUY/Bt157.00/Target: Bt200.00) 1Q24: Net profit in line with our expectations. Thai Oil PCL (TOP TB/BUY/Bt57.50/Target: Bt68.00) 1Q24: Net profit driven by strong GRM. Thanachart Capital (TCAP ...
GREATER CHINA Results Aier Eye Hospital Group (300015 CH/BUY/Rmb12.24/Target: Rmb15.00) 2023: Satisfactory results; weak economic conditions may cloud 2024 growth visibility. Shanxi Xinghuacun Fenjiu (600809 CH/BUY/Rmb245.58/Target: Rmb321.00) 2023: Results in line; accelerating nationwide expansion. Update Xiaomi Corp (1810 HK/BUY/HK$16.60/Target: HK$21.00) Stronger confidence in EV business after Investor Day and factory visit. INDONESIA Results Unilev...
EQS-News: paragon GmbH & Co. KGaA / Schlagwort(e): Jahresbericht Testierter Konzernabschluss 2023 bestätigt kommunizierte Prognose 25.04.2024 / 08:00 CET/CEST Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich. Testierter Konzernabschluss 2023 bestätigt kommunizierte Prognose Umsatzerlöse im Jahr 2023 mit 161,6 Mio. Euro stabil im Vergleich zum Vorjahr trotz verhaltenem Abrufverhalten der Kunden v.a. im zweiten Halbjahr – Schwacher Absatz von Elektrofahrzeugen ohne Einfluss EBITDA für 2023 auf Gruppenebene beträgt 25,2 Mio. Euro Deutliche Erge...
EQS-News: paragon GmbH & Co. KGaA / Key word(s): Annual Report Audited consolidated financial statements for 2023 confirm communicated forecast 25.04.2024 / 08:00 CET/CEST The issuer is solely responsible for the content of this announcement. Audited consolidated financial statements for 2023 confirm communicated forecast Sales revenue in 2023 stable year-on-year at EUR 161.6 million despite restrained customer call-off behavior, especially in the second half of the year - Weak sales of electric vehicles without influence EBITDA for 2023 at Group level amounts to €25...
Edison Investment Research is terminating coverage on ABC Arbitrage (ABCA), paragon (PGN), Foresight Solar Fund (FSFL), Kendrion (KENDR), Lithium Power International (LPI), Triple Point Energy Transition (TENT), 4iG (4IG), e-therapeutics (ETX), Pharnext (ALPHA) and Shield Therapeutics (STX). Please note you should no longer rely on any previous research or estimates for this company. All forecasts should now be considered redundant. Previously published reports can still be accessed via our web...
AUCTUS PUBLICATIONS ________________________________________ ADX Energy (ADX AU)C; target price of A$1.00 per share: Restarting production at Anshof – The Permanent Production Facility (PPF), with a capacity of 3,000 bbl/d of liquids, has been commissioned and the Anshof-3 well has recommenced production at a rate of 134 bbl/d with no water. The operation has been undertaken in line with expectations and within budget. The oil production rate at Anshof-3 is 16% above the rate prior to shut-in. A...
HEADLINES: • OMV Petrom: 1Q24 trading statement POSITIVE • OMV: 1Q24 trading statement NEUTRAL • Bank Millennium: 1Q24E CHF mortgage saga provisions land at PLN 507m NEUTRAL • Polish gencos: IndMin floats notion of alternative solution to the NABE NEUTRAL • EME Macro/Strategy: macro all-in-one (1-7 April) • Halyk Savings Bank: pays off State aid fully POSITIVE • Orange Polska: key takeaways from the interview with the CTO NEUTRAL • Polish telecoms: mobile number portability in 1Q24 NEUTRAL • Pub...
We expect 1Q24 net profit to be flat qoq due to a fall in losses from extraordinary items, offset by a decrease in ASP. Meanwhile, sales and production costs remained stable qoq. For 2Q24, we expect net profit to grow qoq on sales volume increasing 8-10% qoq due to increased awareness of G1/61 project sales volume and a positive outlook on crude oil prices from strong fundamentals. Maintain BUY. Target price: Bt200.00.
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