Canadian Natural Resources first quarter profit more than doubles

Canadian Natural Resources Ltd. saw its first-quarter profit more than double compared with a year ago, helped by higher oil and natural gas prices. The company said it earned $3.1 billion or $2.63 per diluted share for the quarter ended March 31, up from $1.38 billion or $1.16 per diluted share in the same quarter last year. Product sales in the quarter totalled $12.13 billion, up from $7.02 billion in the first quarter of 2021. Daily production, before royalties, averaged 1,280,180 barrels of