Q1 2025 Canadian Natural Resources Ltd Earnings Call Transcript

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May 08, 2025

May 08, 2025 / 01:00PM GMT
Operator

Good morning. We would like to welcome everyone to Canadian Natural's 2025 first quarter earnings conference call and webcast. (Operator Instructions) Please note that this call is being recorded today, May 8, 2025, at 7 AM Mountain Time.

I would now like to turn the meeting over to your host for today's call, Lance Casson, Manager of Investor Relations. Please, go ahead.

Lance Casson - Canadian Natural Resources Ltd - Manager, Investor Relations

Thank you, operator. Good morning, everyone, and thank you for joining Canadian Natural's 2025 first quarter earnings conference call. As always, I'd like to remind you of our forward-looking statements and it should be noted it in our reporting disclosures everything is in Canadian dollars, unless otherwise stated, and we reported reserves and production before royalties. Also, I would suggest to review the advisory section in our financial statements that include comments on non-GAAP disclosures.

Speaking on today's call will be Scott Stauth, our President; and Victor Darel, our Chief Financial

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