Canadian Natural Resources Ltd T.CNQ

Alternate Symbol(s): CNQ

Energy Oil & Gas E&P

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 are 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. Its 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

Canadian Natural Resources Ltd

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Comment by tarnoiron Sep 05, 2019 3:06pm

243 Views

Post# 30099377

RE:RE:RE:RE:RE:Recession

It's all general sentiment towards Cdn. E&P's - which is cloudy at best (with dark clouds lingering). This is something that has been going on over the past few years.
Canada is becoming a bs country to invest in b/c things like the TransMountain get NEB approval, Environmental approval etc. etc. etc. and it still not enough i.e. specific interest groups can file blockades etc. What I'm saying is, if CNRL were in Texas, they would likely have 2X market cap. Huge, huge Trudeau/Canadian discount. Will it ever be rectified? not if we don't do something to get rid of the Drama teacher running the show.

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