CALGARY, Alberta, March 14, 2018 -- Canadian Natural Resources Ltd. announced today its intention, subject to regulatory approval, including the approval of the Toronto Stock Exchange , to purchase for cancellation up to 61,295,086 of its common shares through a normal course issuer bid . The Corporation is currently engaged in a normal course issuer bid, which commenced May 23, 2017 and is ending on May 22, 2018 [...]
CALGARY, Alberta, March 01, 2018 -- Canadian Natural Resources Ltd. announces its Board of Directors has declared a quarterly cash dividend on its common shares of C$0.335 per common share. The dividend will be payable April 1, 2018 to shareholders of record at the close of business on March 16, 2018. Canadian Natural is a senior oil and natural gas production company, with continuing operations in its core areas located [...]
CALGARY, Alberta, March 01, 2018 -- Commenting on the Company's results, Steve Laut, Executive Vice Chairman of Canadian Natural stated, "In 2017, Canadian Natural continued to execute on its defined strategy and completed its transition to a long life low decline asset base with the completion and ramp-up of the Horizon Phase 3 expansion. The Company's focus on balanced capital allocation was evident in 2017 as economic [...]
Canadian Natural Resources Ltd. today announces a number of management promotions positioning it for the continued evolution of growth in both our long life, low decline assets and our low capital exposure assets. These changes strengthen Canadian Natural's ability to deliver the next stage of value growth. One of Canadian Natural's many strengths is our strong and deep leadership team. The Company also takes a very [...]
Commenting on the Company's 2018 budget, Steve Laut, President of Canadian Natural , stated, "Canadian Natural's transition to a long life low decline asset base is complete, as the Horizon Phase 3 expansion has been successfully executed. The strength of the Company is reflected in the 2018 budget as we target overall production between 1,090,000 and 1,170,000 BOE/d. This represents a 17% increase over 2017 production [...]
Canadian Natural Resources Ltd. announces its Board of Directors has declared a quarterly cash dividend on its common shares of C$0.275 per common share. The dividend will be payable January 1, 2018 to shareholders of record at the close of business on December 12, 2017. Canadian Natural is a senior oil and natural gas production company, with continuing operations in its core areas located in Western Canada, the U.K [...]
Commenting on Company results, Steve Laut, President of Canadian Natural stated, "Canadian Natural has reached a major milestone with the successful completion of the Phase 3 expansion at our world class Horizon Oil Sands Mining and Upgrading asset, a significant event. The completion of the Phase 3 expansion also marks the final step of our transition to a long life low decline asset base. High value upgraded products [...]
CALGARY, ALBERTA--(Marketwired - Sept. 5, 2017) - Canadian Natural Resources Ltd. (TSX:CNQ)(NYSE:CNQ) ("Canadian Natural" or the "Company") announces that is has entered into an agreement to acquire assets in the Greater Pelican Lake region and other miscellaneous assets in northern Alberta with production of approximately 19,600 BOE/d, for gross cash consideration of $975 million. The transaction is targeted to close on [...]
CALGARY, ALBERTA--(Marketwired - Aug 3, 2017) - Canadian Natural Resources Ltd. (TSX:CNQ)(NYSE:CNQ) announces its Board of Directors has declared a quarterly cash dividend on its common shares of C$0.275 (twenty-seven and one half cents) per common share. The dividend will be payable October 1, 2017 to shareholders of record at the close of business on September 15, 2017. Canadian Natural is a senior oil and natural gas [...]
CALGARY, ALBERTA--(Marketwired - Aug 3, 2017) - Commenting on second quarter 2017 results, Steve Laut, President of Canadian Natural (TSX:CNQ)(NYSE:CNQ) stated, "Our balanced and diverse portfolio delivered strong results in the second quarter of 2017. Funds flow from operations was significant at $1.7 billion, a strong result given the downward pressure on crude oil prices throughout the quarter. The Horizon Phase 2B [...]
CALGARY, ALBERTA--(Marketwired - Jul 20, 2017) - Canadian Natural Resources Ltd. (TSX:CNQ)(NYSE:CNQ) ("Canadian Natural" or the "Company") filed today a preliminary short form base shelf prospectus with applicable Canadian regulatory authorities and a registration statement on Form F-10 with the United States Securities and Exchange Commission (the "SEC") allowing for the future issuance, from time to time, of up to US$3 [...]
CALGARY, ALBERTA--(Marketwired - Jul 20, 2017) - Canadian Natural Resources Ltd.. (TSX:CNQ)(NYSE:CNQ) ("Canadian Natural") today filed a preliminary short form base shelf prospectus with the applicable Canadian regulatory authorities allowing for the future issuance, from time to time, of up to $3 billion in Medium Term Notes, replacing the previous shelf prospectus that was largely expended in May, 2017. The currency of [...]