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Canadian Natural Resources Ltd T.CNQ

Alternate Symbol(s):  CNQ

Canadian Natural Resources Limited is a Canada-based independent crude oil and natural gas exploration, development and production company. The Company's segments include exploration and production, oil sands mining and upgrading, and midstream and refining. The exploration and production segment is focused on North America, specifically in Western Canada; the United Kingdom portion of the North Sea, and Cote d'Ivoire and South Africa in Offshore Africa. The oil sands mining and upgrading segment produces synthetic crude oil through bitumen mining and upgrading operations at Horizon Oil Sands and through its direct and indirect interest in the Athabasca Oil Sands Project. Within Western Canada in the midstream and refining segment, the Company maintains certain activities that include pipeline operations, an electricity co-generation system and an investment in the Northwest Redwater Partnership, a general partnership formed to upgrade and refine bitumen in the Province of Alberta.


TSX:CNQ - Post by User

Post by Possibleidiot01on Mar 20, 2023 2:09pm
723 Views
Post# 35349403

Barry Schwartz - BNN - TOP PICK

Barry Schwartz - BNN - TOP PICK

Canadian Natural Resources (CNQ TSX)

Canadian Natural Resources offers investors a unique opportunity given the recent pullback in energy prices. The company has raised its dividend 23 years in a row and its yield is now well above five per cent. If oil prices stabilize from here, we think CNQ will be able to offer generous special dividends and share buybacks. The company has over 30+ years of reserves which makes it one of the best royalty streams on energy prices in the world.

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