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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 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

Comment by tarnoiron Mar 20, 2020 12:08pm
176 Views
Post# 30830765

RE:The New OPEC? Trump, Putin, and Saudi Arabia

RE:The New OPEC? Trump, Putin, and Saudi ArabiaNo way US/Trump can compete with OPEC/RUSSIA. Shale production is non-economical at these prices - heck, double these prices. OPEC/RUSSIA can still cover their production costs etc. at these prices. Shale in US is dead (for now). Was nice while it lasted, but has been on the ropes for the past few years!
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