May 4, 2017 / 9:17 AM / a year ago

CORRECTED-Canadian Natural Resources reports profit vs year-ago loss

(Corrects headline to show company reported a profit vs a year-ago loss, not a rise in profit)

May 4 (Reuters) - Canadian Natural Resources Ltd, Canada’s largest independent petroleum producer, reported a quarterly profit compared with a year-ago loss, helped by an uptick in crude prices.

The Calgary-based company reported a net profit of C$245 million ($178.61 million), or 22 Canadian cents per share, compared with a loss of C$105 million, or 10 Canadian cents per share, a year earlier.

Canadian Natural’s production rose nearly 4 percent to 876,907 barrels of oil equivalent per day (boepd). ($1 = 1.3717 Canadian dollars) (Reporting by John Benny in Bengaluru; Editing by Sunil Nair)

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