Canadian Natural Resources Ltd.

Canadian Natural Resources Ltd. announces its Board of Directors has declared a quarterly cash dividend on its common shares of C$0.425 per common share. The dividend will be payable April 1, 2020 to shareholders of record at the close of business on March 20, 2020. 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. portion [...]

Commenting on the Company's 2019 results, Steve Laut, Executive Vice-Chairman of Canadian Natural stated, "2019 marked the 30th anniversary of Canadian Natural as an Exploration and Production company. Over the past 3 decades, our unwavering focus on returns and free cash flow generating assets has driven significant growth and high returns for our shareholders. Today, we are set up better than ever with a large [...]

Commenting on the Company’s 2020 budget, Steve Laut, Executive Vice-Chairman of Canadian Natural stated, “Canadian Natural's ability to generate significant and sustainable free cash flow sets us apart from our peers. Our focus on capital discipline, as a part of our four pillars of capital allocation, operational excellence and leveraging our competitive advantages drives economic asset development, significant margin [...]

Canadian Natural Resources Ltd. announces its Board of Directors has declared a quarterly cash dividend on its common shares of C$0.375 per common share. The dividend will be payable January 1, 2020 to shareholders of record at the close of business on December 11, 2019. 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 the Company's third quarter 2019 results, Steve Laut, Executive Vice-Chairman of Canadian Natural stated, "Canadian Natural's third quarter results are an excellent example of how the Company's effective and efficient operations can drive value creation for our shareholders as a result of execution excellence and economies of scale. We achieved record quarterly adjusted funds flow of approximately $2.9 [...]

Canadian Natural Resources Ltd. announces its Board of Directors has declared a quarterly cash dividend on its common shares of C$0.375 per common share. The dividend will be payable October 1, 2019 to shareholders of record at the close of business on September 13, 2019. 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 the Company's second quarter 2019 results, Steve Laut, Executive Vice-Chairman of Canadian Natural stated, "Canadian Natural's second quarter results demonstrated the advantages of our diverse and balanced asset base combined with our flexible capital allocation resulting in significant adjusted funds flow in the quarter of approximately $2.7 billion. Throughout the first half of 2019 we were able to deliver [...]

Canadian Natural Resources Ltd. announces that the agreement to acquire substantially all of the assets of Devon Canada Corporation has been completed. Canadian Natural welcomes approximately 720 high caliber Devon employees to its thermal in situ, primary heavy oil and Calgary head office teams. The acquired production, infrastructure and land will add to Canadian Natural’s existing thermal in situ and primary [...]

Canadian Natural Resources Ltd. provides an update on its Pelican Lake and Woodenhouse operations. The Company has now been able to gain access to its wells and facilities in these areas, following the previously announced evacuation due to local wildfires. The Company continues to monitor the wildfire situation with local officials and is restarting operations today, ramping production back up in a safe and controlled [...]

With the protection and safety of our people and assets as the utmost priority, Canadian Natural Resources Ltd. is closely monitoring the wildfires in the Wabasca and Slave Lake, Alberta areas. In response to the wildfires, Canadian Natural completed on May 30, 2019 the evacuation of all 240 personnel in our Pelican Lake and Woodenhouse operations. Accordingly, Canadian Natural has completed the safe, temporary shut-in of [...]