Canadian Natural Resources Reports $408 Million Third-Quarter Profit

The Canadian Natural Resources Ltd. logo, in a photo taken at the company's annual meeting in Calgary, on May 3, 2012. The Canadian Press/Jeff McIntosh

CALGARY—Canadian Natural Resources Ltd. says it earned a third-quarter profit of $408 million, down from nearly $1.03 billion in the same quarter last year.

The company says the profit amounted to 35 cents per diluted share for the quarter ended Sept. 30, down from 87 cents per diluted share a year ago.