November 3, 2016 / 9:12 AM / a year ago

Canadian Natural Resources posts bigger Q3 loss

Nov 3 (Reuters) - Canadian Natural Resources Ltd, Canada’s largest independent petroleum producer, reported a bigger quarterly loss due to lower prices.

The Calgary-based company said net loss widened to C$326 million ($243.8 million), or 29 Canadian cents per share, for the third quarter ended Sept. 30, from C$111 million, or 10 Canadian cents, a year earlier.

Oil and natural gas production fell 13.4 percent to 735,212 barrels of oil equivalent per day in the quarter. ($1 = C$1.34) (Reporting by Anet Josline Pinto in Bengaluru and Nia Williams in Calgary; Editing by Sunil Nair)

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