LONDON, December 19, 2016 /PRNewswire/ -- OilPrice.com Market Commentary: Advancements in the province of Alberta's ground-breaking 'petrolithium' dream surged ahead this week, as proprietor MGX Minerals completed three major milestones. Energy companies included in today's commentary:Canadian Natural Resources Limited (NYSE: CNQ), Imperial Oil Limited (NYSE: IMO), Encana Corporation (NYSE: ECA), Baker Hughes Incorporated [...]
CALGARY, ALBERTA--(Marketwired - Dec 16, 2016) - Canadian Natural Resources Ltd. ("Canadian Natural" or the "Company") (TSX:CNQ) (NYSE:CNQ) announces that the agreement relating to monetizing the Company's non-core ownership interest in the Cold Lake Pipeline, to Inter Pipeline Ltd ("Inter Pipeline") has been completed. Canadian Natural received gross proceeds of $350 million in cash and 6,417,740 common shares of Inter [...]
CALGARY, ALBERTA--(Marketwired - Dec. 15, 2016) - Commenting on the Company's 2017 budget, Steve Laut, President of Canadian Natural (TSX:CNQ)(NYSE:CNQ), stated, "With Horizon Phase 2B online, Canadian Natural is now a more robust and sustainable company. In 2017 we will complete the last major component of the Horizon expansion and make a significant step towards our transition to a long-life, low decline asset base with [...]
CALGARY, ALBERTA--(Marketwired - Dec 14, 2016) - Canadian Natural Resources Ltd. (TSX:CNQ)(NYSE:CNQ) ("Canadian Natural" or the "Company") will release its 2017 budget details on Thursday, December 15, 2016. The news release will provide forward looking information on the Company's 2017 operating year. A conference call and webcast that will include presentation slides (slides will be available on the Company's website 15 [...]
CALGARY, ALBERTA--(Marketwired - Dec 12, 2016) - Canadian Natural Resources Ltd. (TSX:CNQ)(NYSE:CNQ) ("Canadian Natural" or the "Company") is pleased to announce that it has reached an agreement to monetize the Company's non-core ownership interest in the Cold Lake Pipeline, to Inter Pipeline Ltd ("Inter Pipeline"). The transaction consists of the monetization of the Company's entire 15% ownership interest of Cold Lake [...]
CALGARY, ALBERTA--(Marketwired - Nov 3, 2016) - 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$0.25 (twenty-five cents) per common share. The dividend will be payable January 1, 2017 to shareholders of record at the close of business on December 9, 2016. Canadian Natural is a senior oil and natural gas production [...]
CALGARY, ALBERTA--(Marketwired - Nov 3, 2016) - Canadian Natural Resources Ltd. (TSX: CNQ) (NYSE: CNQ) Commenting on third quarter 2016 results, Steve Laut, President of Canadian Natural (TSX: CNQ) (NYSE: CNQ) stated, "Canadian Natural's diverse and balanced asset portfolio delivered quarterly production volumes of 735,212 BOE/d that were within the Company's Q3/16 guidance. We continued our focus on lowering our cost [...]
CALGARY, ALBERTA--(Marketwired - Aug. 9, 2016) - Canadian Natural Resources Ltd. (TSX:CNQ) (NYSE:CNQ) ("Canadian Natural" or the "Company") announces that on August 9, 2016, it priced C$1.0 billion principal amount of 3.31% medium-term notes due February 11, 2022 at a price of C$99.985 per C$100 principal amount to yield 3.313% to maturity to be sold to investors in Canada. Net proceeds from the sale of the notes will be [...]
CALGARY, ALBERTA--(Marketwired - Aug 4, 2016) - 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$0.23 (twenty-three cents) per common share. The dividend will be payable October 1, 2016 to shareholders of record at the close of business on September 16, 2016. Canadian Natural is a senior oil and natural gas production [...]
CALGARY, ALBERTA--(Marketwired - Aug 4, 2016) - Commenting on second quarter 2016 results, Steve Laut, President of Canadian Natural stated, "Canadian Natural delivered strong cash flow during the quarter while facing a number of challenges, ranging from low commodity prices to the proactive shut down of the Primrose East pipeline and operational issues at third party owned and operated natural gas facilities, which [...]
CALGARY, ALBERTA--(Marketwired - June 7, 2016) - Canadian Natural Resources Ltd. (TSX:CNQ) (NYSE:CNQ) ("Canadian Natural" or the "Company") is pleased to announce that it has completed its previously announced plan of arrangement (the "Arrangement") under which shareholders of record of the Company received 0.02 of a common share ("PrairieSky Shares") of PrairieSky Royalty Ltd. ("PrairieSky") for each Canadian Natural [...]
S&P Dow Jones Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices: Canadian Natural Resources has provided the details of its previously announced distribution to its shareholders of a portion of its holding of 44,444,444 shares of PrairieSky Royalty Ltd. After the close of trading on Tuesday, May 31, 2016, Canadian Natural Resources shareholders will receive 0.02 shares of PrairieSky [...]