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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 Oldnaggeron Jul 25, 2022 6:38pm
394 Views
Post# 34849582

RE:BNN says, CNQ buying someone out???

RE:BNN says, CNQ buying someone out???International petroleum company (IPCO) has 1.4 billion barrels of heavy oil with their Blackrock project 
The oil is still classified as contingent , but only because  IPCO doesn't have enough cash flow to develop it quickly. Ipco has recently been buyng back up to 15 % of its own shares using available cash. Also its share price has been growing rapidly in spite of the curreny weakness in Canadian Heavy Crude prices

Home - International Petroleum (international-petroleum.com)
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