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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 Apr 27, 2020 12:19pm
209 Views
Post# 30957969

RE:Can’t believe this junk is holding up

RE:Can’t believe this junk is holding upWould hardly call one of the best run E&Ps in the business "Junk". Maybe that's why it's holding as it is far from being "junk". Also a but surprised, but perhaps most of the negative news is baked into the SP? Gotta think their dividend is unsustainable at these negative c/f levels.
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