CALGARY, ALBERTA--(Marketwired - Nov 6, 2014) - Commenting on the Company's 2015 budget, Steve Laut, President of Canadian Natural, stated, "Canadian Natural targets to have significant production growth of 11% in 2015 over 2014 levels, up to a midpoint of 893,000 barrels of oil equivalent per day. Cash flow is targeted to be approximately $9.4 billion in 2015, and free cash flow is targeted to be approximately $800 [...]
CALGARY, ALBERTA--(Marketwired - Nov 6, 2014) - Commenting on third quarter results, Steve Laut, President of Canadian Natural (TSX: CNQ)(NYSE: CNQ), stated, "Canadian Natural continued the effective execution of our proven strategy. Our strong, well-balanced asset base generates free cash flow to fund our transition to longer life, low decline assets. Quarterly production increased by approximately 94,000 barrels of oil [...]
CALGARY, ALBERTA--(Marketwired - Sep 12, 2014) - Canadian Natural Resources Ltd. (TSX:CNQ)(NYSE:CNQ) ("Canadian Natural" or the "Company") is pleased to provide an update on the status of the Company's Horizon Oil Sands ("Horizon") project and its recent plant shutdown for routine maintenance and the tie-in of additional coker capacity. On September 10, 2014, the expansion of the Coker Plant (Phase 2A), was safely [...]
CALGARY, ALBERTA--(Marketwired - Aug 7, 2014) - 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$0.225 (twenty-two and one-half cents) per common share. The dividend will be payable October 1, 2014 to shareholders of record at the close of business on September 12, 2014. Canadian Natural is a senior oil and natural gas [...]
CALGARY, ALBERTA--(Marketwired - Aug 7, 2014) - Canadian Natural Resources Ltd. (TSX: CNQ) (NYSE: CNQ) Commenting on second quarter results, Steve Laut, President of Canadian Natural stated, "Canadian Natural's first half of the year was solid. We have effectively executed on our strategy and have grown production both organically and with the successful integration of acquired assets. As a result, Canadian Natural [...]
CALGARY, ALBERTA--(Marketwired - May 29, 2014) - Canadian Natural Resources Ltd. (TSX:CNQ) (NYSE:CNQ) ("Canadian Natural" or the "Company") announces that on May 29, 2014, it issued C$500 million principal amount of 2.60% unsecured notes due December 3, 2019 sold at a price of C$99.822 per $100 principal amount to yield 2.635% to maturity, and C$500 million principal amount of 3.55% unsecured notes due June 3, 2024 sold [...]
CALGARY, ALBERTA--(Marketwired - May 13, 2014) - Canadian Natural (TSX:CNQ) (NYSE:CNQ) held its Annual General Meeting of Shareholders on May 8, 2014. All matters were voted upon by a show of hands. The results of votes for all resolutions by proxies received are reported below. 1. The election of the following nominees as directors of the Corporation for the ensuing year or until their successors are elected or [...]
CALGARY, ALBERTA--(Marketwired - May 8, 2014) - 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$0.225 (twenty-two and one-half cents) per common share. The dividend will be payable July 1, 2014 to shareholders of record at the close of business on June 13, 2014. Canadian Natural is a senior oil and natural gas [...]
CALGARY, ALBERTA--(Marketwired - May 8, 2014) - Canadian Natural Resources Ltd. (TSX: CNQ) (NYSE: CNQ) Commenting on first quarter results, Steve Laut, President of Canadian Natural stated, "Canadian Natural had a solid start to the year, with consistent organic growth in North America production as expected. North America E&P crude oil and NGLs production grew by 5% over the previous quarter. Subsequent to the quarter [...]
CALGARY, ALBERTA--(Marketwired - Apr 17, 2014) - Canadian Natural Resources Ltd. (TSX:CNQ) (NYSE:CNQ) ("Canadian Natural" or the "Company") is pleased to announce that the Saphir-1XB well has encountered an accumulation of light oil in the deepwater frontier exploration play in Block CI-514 offshore Cote d'Ivoire. The well was drilled by a semi-submersible rig in a water depth of 2,300 meters and reached a total depth of [...]
CALGARY, ALBERTA--(Marketwired - Apr 7, 2014) - Canadian Natural Resources Ltd. (TSX:CNQ) (NYSE:CNQ) ("Canadian Natural") announced today that Toronto Stock Exchange has accepted notice filed by Canadian Natural of its intention to make a Normal Course Issuer Bid through the facilities of Toronto Stock Exchange. Purchases may also be made through the facilities of the New York Stock Exchange. The notice provides that [...]
CALGARY, ALBERTA--(Marketwired - Apr 2, 2014) - Canadian Natural Resources Ltd. (TSX:CNQ) (NYSE:CNQ) ("Canadian Natural" or the "Company") announces that the agreement relating to the acquisition of Devon Canada's Canadian conventional assets, excluding Horn River and the heavy oil properties, has been completed. Canadian Natural will immediately integrate the acquired properties into its ongoing operations. The acquired [...]