Canadian Natural profit falls on foreign exchange loss

Thu Mar 7, 2013 5:18am EST
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

March 7 (Reuters) - Canadian Natural Resources Ltd, Canada's No.1 independent oil producer, reported a 58 percent fall in fourth-quarter profit after booking a foreign exchange-related loss.

Net income fell to C$352 million ($341 million) or 32 Canadian cents per share, from C$832 million, or 76 Canadian cents per share, a year earlier.