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.

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Canadian Natural Resources Ltd > Friday's huge slide

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Comment by Ocalamanon Jul 13, 2024 9:42am

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Post# 36131464

RE:Friday's huge slide

Might have to do with traders repositioning themselves since the short position for cnq has gone from 7.9 ms mid june to 1.7 end of june. I have my thoughts and it has to do possible acquistion by BH.and nobody want to get caught short if that happens. Pure speculation on my part but I am not parting with any of my shares.

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