Canadian Natural Resources: 2012 Q1 Profit Rose 9 Times

Reuters reported Canadian Natural Resources (NYSE:CNQ) 2012 first-quarter profit skyrocketed 9 times after light and heavy oil sales surged 5%.

As quoted in the market news:

Canadian Natural earned C$427 million ($433 million), or 39 Canadian cents a share, up from year-earlier C$46 million, or 4 Canadian cents a share.

Click here to read the full Reuters report.