Canadian Natural Resources Limited Announces 2024 Fourth Quarter and Year End Results
Calgary, Alberta--(Newsfile Corp. - March 6, 2025) - Canadian Natural's (TSX: CNQ) (NYSE: CNQ) President, Scott Stauth, commented on the Company's 2024 fourth quarter and year end results, "2024 was an excellent year for us, as we achieved strong growth and set several new production records from our base operations, before including acquisitions that closed in 2024. Additionally, including acquisitions, we achieved record annual average production of over 1,363,000 BOE/d in 2024, which...
2025-03-06 5:00 AM EST
Canadian Natural Resources Limited Announces Swap Transaction
Calgary, Alberta--(Newsfile Corp. - January 29, 2025) - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) ("Canadian Natural" or the "Company") announces that pursuant to a 2017 agreement with Shell Canada Limited and affiliates ("Shell") and as a result of certain conditions being met, Canadian Natural and Shell are transacting an asset swap related to the Athabasca Oil Sands Project ("AOSP"). Effectively, Canadian Natural will swap 10% of its working interest in the Scotford...
2025-01-29 6:00 PM EST
Canadian Natural Resources Limited Cautions Investors Regarding TRC Capital's Below Market "Mini-Tender" Offer
Calgary, Alberta--(Newsfile Corp. - January 22, 2025) - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) ("Canadian Natural" or the "Company") has received notice of an unsolicited "mini-tender" offer made by TRC Capital Investment Corporation ("TRC Capital") to purchase up to 2,500,000 Canadian Natural common shares, or approximately 0.12% of Canadian Natural's outstanding shares, at a price of C$43.25 per share. The offering price represents a discount of 4.44% to the closing...
2025-01-22 6:13 PM EST
Canadian Natural Resources Limited Announces 2025 Budget
Calgary, Alberta--(Newsfile Corp. - January 9, 2025) - Canadian Natural's (TSX: CNQ) (NYSE: CNQ) President, Scott Stauth, commented on the Company's 2025 budget "Our high quality, diversified asset base combined with our flexible capital allocation strategy is a significant competitive advantage. Our disciplined and focused approach allocates capital and optimizes the product mix based on the highest return projects, maximizing value for our shareholders. Our 2025 operating capital budget of...
2025-01-09 5:00 AM EST
Canadian Natural Resources Limited Completes the Acquisition on Chevron's Alberta Assets and Announces Timing of 2025 Budget Release
Calgary, Alberta--(Newsfile Corp. - December 6, 2024) - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) ("Canadian Natural" or the "Company") announces it has completed the acquisition of Chevron Canada Limited's ("Chevron") Alberta assets, which include a 20% interest in the Athabasca Oil Sands Project ("AOSP") and a 70% operated interest in light crude oil and liquids rich Duvernay assets. Canadian Natural now owns 90% of AOSP, which includes the Muskeg River and Jackpine mines,...
2024-12-06 11:48 AM EST
Canadian Natural Resources Limited Prices US$1,500 Million in 5 and 10 Year USD Notes and C$500 Million in 7 Year CAD Notes
Calgary, Alberta--(Newsfile Corp. - December 3, 2024) - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) ("Canadian Natural" or the "Company") announces that on December 3, 2024, the Company priced the following unsecured notes (the "notes"): NoteCouponPrincipal
2024-12-03 6:30 PM EST
Canadian Natural Resources Limited Announces 2024 Third Quarter Results
Calgary, Alberta--(Newsfile Corp. - October 31, 2024) - Canadian Natural's (TSX: CNQ) (NYSE: CNQ) President, Scott Stauth, commented on the Company's third quarter results, "Our unique and diverse asset base provides us with a competitive advantage, as we can allocate capital to the highest return projects without being reliant on any one commodity. Our consistent and top tier results are driven by safe and reliable operations. Our commitment to continuous improvement is supported by a strong...
2024-10-31 5:00 AM EDT
Canadian Natural Resources Limited Announces the Acquisition of Chevron's Alberta Assets and a 7% Dividend Increase
Calgary, Alberta--(Newsfile Corp. - October 7, 2024) - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) ("Canadian Natural" or the "Company") announces that it entered into an agreement to acquire, subject to regulatory approvals, from Chevron Canada Limited ("Chevron") its 20% interest in the Athabasca Oil Sands Project ("AOSP"), which includes 20% of the Muskeg River and Jackpine mines, the Scotford Upgrader and the Quest Carbon Capture and Storage facility. This acquisition brings...
2024-10-07 5:00 AM EDT
Canadian Natural Resources Limited Announces Increased Quarterly Dividend
Calgary, Alberta--(Newsfile Corp. - October 7, 2024) - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) announces that, in conjunction with the acquisition of Chevron Canada Limited's ("Chevron") Alberta assets and as a result of Canadian Natural's significant free cash flow, including targeted additional free cash flow generation from the acquired assets and the Company's strong financial position, the Board of Directors have agreed to increase the quarterly cash dividend by 7% to...
2024-10-07 5:00 AM EDT
Canadian Natural Resources Limited Announces 2024 Second Quarter Results
Calgary, Alberta--(Newsfile Corp. - August 1, 2024) - Canadian Natural's (TSX: CNQ) (NYSE: CNQ) President, Scott Stauth, commented on the Company's second quarter results, "The strength of our well-balanced and diverse portfolio, combined with Canadian Natural's ability to execute safe, effective and efficient operations, delivered an excellent second quarter. Canadian Natural strategically managed turnaround activities and optimized production resulting in strong Q2/24 volumes of...
2024-08-01 5:00 AM EDT
Canadian Natural Resources Limited Announces Quarterly Dividend
Calgary, Alberta--(Newsfile Corp. - August 1, 2024) - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) announces that its Board of Directors has declared a quarterly cash dividend on its common shares of $0.525 (fifty two and one-half cents) per common share. The dividend will be payable on October 4, 2024 to shareholders of record at the close of business on September 13, 2024. The Company has a leading track record of dividend increases, with 2024 being the 24th consecutive year of...
2024-08-01 5:00 AM EDT
Canadian Natural Resources Limited Reports Voting Results at Annual and Special Meeting
Calgary, Alberta--(Newsfile Corp. - May 3, 2024) - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) held its Annual and Special Meeting of Shareholders on May 2, 2024. The result of the vote by shareholders for each resolution is reported below. The election of the following nominees as directors of the Corporation for the ensuing year or until their successors are elected or appointed.
2024-05-03 5:00 PM EDT
Canadian Natural Resources Limited Announces Further Details Regarding Share Split
Calgary, Alberta--(Newsfile Corp. - May 3, 2024) - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) ("Canadian Natural") announced today that it has set June 3, 2024 as the record date (the "Record Date") for the previously announced two for one split of its common shares (the "Share Split"). The Share Split was approved by shareholders of Canadian Natural at its annual and special meeting of shareholders held on May 2, 2024. On June 10, 2024 (the "Payment Date"), shareholders of...
2024-05-03 5:00 AM EDT
Canadian Natural Resources Limited Announces 2024 First Quarter Results
Calgary, Alberta--(Newsfile Corp. - May 2, 2024) - Canadian Natural's (TSX: CNQ) (NYSE: CNQ) President, Scott Stauth, commented on the Company's first quarter results, "Canadian Natural is a world class company and during our 35 years of operations, we've delivered significant value, including recently reaching a position where, commencing in 2024, we are returning 100% of our free cash flow to our shareholders. Crude oil price forecasts have strengthened for the remainder of 2024, including...
2024-05-02 5:00 AM EDT
Canadian Natural Resources Limited Announces Quarterly Dividend
Calgary, Alberta--(Newsfile Corp. - May 2, 2024) - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) announces that its Board of Directors has declared a quarterly cash dividend on its common shares of $1.05 (one dollar and five cents) per common share on a pre-stock split basis or $0.525 (fifty-two and one half cents) per common share after giving effect to the two for one stock split of the common shares, subject to approval at the Company's Annual and Special Meeting of...
2024-05-02 5:00 AM EDT
Canadian Natural Resources Limited Announces Normal Course Issuer Bid
Calgary, Alberta--(Newsfile Corp. - March 8, 2024) - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) ("Canadian Natural") announced today that the Toronto Stock Exchange ("TSX") has accepted notice filed by Canadian Natural of its intention to make a Normal Course Issuer Bid ("NCIB") through the facilities of the TSX or other alternative Canadian trading systems. Purchases may also be made through the facilities of the New York Stock Exchange. The notice provides that Canadian...
2024-03-08 5:00 AM EST
Canadian Natural Resources Limited Announces 2023 Fourth Quarter and Year End Results
Calgary, Alberta--(Newsfile Corp. - February 29, 2024) - Highlighting a successful 2023, Canadian Natural's (TSX: CNQ) (NYSE: CNQ) Chief Financial Officer, Mark Stainthorpe, stated "Through the Company's effective and efficient operations and disciplined capital allocation, we achieved our net debt level of $10 billion in Q4/23, earlier than previously forecasted. As per our free cash flow allocation policy, we will now target to return 100% of free cash flow to shareholders through dividends...
2024-02-29 5:00 AM EST
Canadian Natural Resources Limited Announces Quarterly Dividend
Calgary, Alberta--(Newsfile Corp. - February 29, 2024) - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) announces that its Board of Directors approved a 5% increase to its quarterly cash dividend on its common shares to C$1.05 (One dollar and five cents) per common share. The dividend will be payable on April 5, 2024 to shareholders of record at the close of business on March 15, 2024. Since March 2, 2023, the Company has increased its quarterly dividend 24% through three separate...
2024-02-29 5:00 AM EST
Canadian Natural Resources Limited Announces 2024 Budget
Calgary, Alberta--(Newsfile Corp. - December 14, 2023) - Canadian Natural's (TSX: CNQ) (NYSE: CNQ) President, Tim McKay, commented on the Company's 2024 budget, "Our teams remain focused on safe, reliable, effective and efficient operations throughout our asset base. Our unique and diversified asset base provides us a key competitive advantage as we can manage the pace and timing of development activities to maximize value growth from our assets. As part of our 2024 budget, the drilling...
2023-12-14 5:00 AM EST
Canadian Natural Resources Limited Announces 2023 Third Quarter Results
Calgary, Alberta--(Newsfile Corp. - November 2, 2023) - Commenting on the Company's (TSX: CNQ) (NYSE: CNQ) third quarter 2023 results, Tim McKay, President, stated, "Our quarterly results demonstrate how our effective and efficient operations, combined with our diverse product mix generates significant free cash flow, resulting in strong shareholder returns through our sustainable and growing dividend and significant share repurchases. Our world class assets delivered top tier operational and...
2023-11-02 5:00 AM EDT