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Bullboard - Stock Discussion Forum 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... see more

TSX:CNQ - Post Discussion

Canadian Natural Resources Ltd > CNQ purchase for cancelation September
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Post by Ocalaman on Oct 05, 2024 10:11am

CNQ purchase for cancelation September

September was a light buying month for them only 4.2 ms, much lighter than what I thought it would be. The ave CDN price was 45.12.
Comment by w8asec on Oct 07, 2024 7:44am
well now we know why it was a light buying month... busy buying up Chevron... Still $188MM worth of share buying/cancellations NICE Hopefully this drops at open... It would be nice to pick up some more. GLTAL
Comment by Ocalaman on Oct 07, 2024 8:16am
They recalculated the return of capital to shareholders so along with a 7% bump in divdend raised  the amount of debt before 100 % FCF (from 10B to 12B) returned to shareholders. Whats not to like about this machine ?
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