Canadian Natural Resources Ltd T.CNQ

Alternate Symbol(s): CNQ

Energy Oil & Gas E&P

Canadian Natural Resources Limited is a senior crude oil and natural gas production company. Its exploration and production segment are focused on North America, in Western Canada, the United Kingdom portion of the North Sea, and Cote d'Ivoire 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 (AOSP). Within Western Canada in the Midstream and Refining segment, it maintains certain activities: 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. It owns a 70% interest in light crude oil and liquids rich Duvernay assets. It owns 90% of AOSP: the Muskeg River and Jackpine mines, the Scotford Upgrader and the Quest Carbon Capture and Storage facility.

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Canadian Natural Resources Ltd > Heading to mid 20’s?

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Comment by Cheadle12on Jan 26, 2021 11:42pm

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Post# 32396435

RE:Heading to mid 20’s?

Higher liquids junior/intermediate Nat Gassers are the play for sure. The Oil names will receive a backlash from the recent Biden policies and global downgrades for the super majors.

LNG will be the thing in Canada, good for CNRL that they have lots of gas assets and can drill/develop. But the Oil side will follow Suncor, Imperial on the bearish narrative.

mbuch wrote:
Sentiment not good for Canadian oil these days, I guess it's that super-muppet Trudeau. Him and his wizard grey beard but dyed orangey brown hair, what a total muppet he is.