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Canadian Natural Resources Ltd (CNQ.TO)

CNQ.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Canadian Natural Resources Ltd Provides An Update On Its Pelican Lake And Woodenhouse Operations
Monday, 10 Jun 2019 

June 10 (Reuters) - Canadian Natural Resources Ltd ::CANADIAN NATURAL RESOURCES LTD - PROVIDES AN UPDATE ON ITS PELICAN LAKE AND WOODENHOUSE OPERATIONS.CANADIAN NATURAL RESOURCES LTD - HAS NOW BEEN ABLE TO GAIN ACCESS TO ITS WELLS AND FACILITIES IN THE AREAS.CANADIAN NATURAL RESOURCES LTD - HAS BEEN NO MATERIAL IMPACT DUE TO WILDFIRES ON CANADIAN NATURAL’S TOTAL TARGETED JUNE LIQUIDS PRODUCTION.CANADIAN NATURAL RESOURCES LTD - CONTINUES TO MONITOR WILDFIRE SITUATION WITH LOCAL OFFICIALS AND IS RESTARTING OPERATIONS ON JUNE 8, 2019.  Full Article

Canadian Natural Resources Limited Provides An Update On Pelican Lake And Woodenhouse Operations
Saturday, 8 Jun 2019 

June 8 (Reuters) - Canadian Natural Resources Ltd ::CANADIAN NATURAL RESOURCES LIMITED PROVIDES AN UPDATE ON PELICAN LAKE AND WOODENHOUSE OPERATIONS.CANADIAN NATURAL RESOURCES - ABLE TO GAIN ACCESS TO ITS WELLS AND FACILITIES, FOLLOWING PREVIOUSLY ANNOUNCED EVACUATION DUE TO LOCAL WILDFIRES.CANADIAN NATURAL RESOURCES - RAMPING PRODUCTION BACK UP TO ABOUT 65,000 BBL/D OVER NEXT WEEK OR SO, BARRING ANY CHANGES IN CURRENT WILDFIRE CONDITIONS.CANADIAN NATURAL RESOURCES LTD - THERE HAS BEEN NO MATERIAL IMPACT DUE TO WILDFIRES ON CANADIAN NATURAL'S TOTAL TARGETED JUNE LIQUIDS PRODUCTION.  Full Article

Canadian Natural Resources Limited Announces The Acquisition Of Substantially All Of The Assets Of Devon Canada Corporation
Wednesday, 29 May 2019 

May 29 (Reuters) - Canadian Natural Resources Ltd ::CANADIAN NATURAL RESOURCES LIMITED ANNOUNCES THE ACQUISITION OF SUBSTANTIALLY ALL OF THE ASSETS OF DEVON CANADA CORPORATION.CANADIAN NATURAL RESOURCES- DEAL FOR A CASH PURCHASE PRICE OF C$3.775 BILLION.  Full Article

Devon Energy Announces Strategic Exit Of Canadian Business For CAD $3.8 Billion
Wednesday, 29 May 2019 

May 29 (Reuters) - Devon Energy Corp ::DEVON ENERGY ANNOUNCES STRATEGIC EXIT OF CANADIAN BUSINESS FOR CAD $3.8 BILLION.DEVON ENERGY CORP - PROCEEDS FROM SALE OF CANADA WILL BE USED FOR DEBT REDUCTION.DEVON ENERGY CORP - DEVON CONTINUES TO ADVANCE DIVESTITURE PROCESS FOR ITS BARNETT SHALE GAS ASSETS IN NORTH TEXAS.DEVON ENERGY CORP - DATA ROOMS FOR BARNETT WILL OPEN IN Q2 OF 2019.  Full Article

Canadian Natural Reports Q1 Adj EPS Of $0.70
Thursday, 9 May 2019 

May 9 (Reuters) - Canadian Natural Resources Ltd ::CANADIAN NATURAL RESOURCES LIMITED ANNOUNCES 2019 FIRST QUARTER RESULTS.QTRLY ADJUSTED EARNINGS PER SHARE $0.70.QTRLY EARNINGS PER SHARE $0.80.QTRLY ADJUSTED FFO PER SHARE $1.86.SAYS ACHIEVED QUARTERLY PRODUCTION VOLUMES OF 1,035,212 BOE/D IN Q1/19, A DECREASE OF 4% FROM Q4/18 LEVELS.CO TARGETS ANNUAL 2019 PRODUCTION LEVELS TO AVERAGE BETWEEN 782,000 BBL/D AND 861,000 BBL/D OF CRUDE OIL AND NGLS.CANADIAN NATURAL RESOURCES - 2019 CORPORATE NATURAL GAS PRODUCTION GUIDANCE REMAINS UNCHANGED, TO RANGE BETWEEN 1,485 MMCF/D - 1,545 MMCF/D.CANADIAN NATURAL - Q2 2019 PRODUCTION GUIDANCE BEFORE ROYALTIES IS TARGETED TO AVERAGE BETWEEN 773,000 BBL/D AND 831,000 BBL/D OF CRUDE OIL AND NGLS.  Full Article

Canadian Natural Resources Provides Update On The Scotford Upgrader
Wednesday, 1 May 2019 

May 1 (Reuters) - Canadian Natural Resources Ltd ::CANADIAN NATURAL RESOURCES LIMITED PROVIDES UPDATE ON THE SCOTFORD UPGRADER.CANADIAN NATURAL RESOURCES - FOLLOW UP REPORT ON EVENT WHICH OCCURRED AT SCOTFORD UPGRADER, IN WHICH CO HAS A 70% INTEREST, ON MONDAY APRIL 15, 2019.CANADIAN NATURAL - SHELL CANADA WITH STRATHCONA COUNTY SERVICES RESPONDED TO FIRE AT SCOTFORD UPGRADER, WHILE IT WAS BEING SHUT DOWN FOR MAINTENANCE.FIRE WAS PROMPTLY EXTINGUISHED, ALL PERSONNEL WERE ACCOUNTED FOR, AND THERE WERE NO REPORTED INJURIES.CANADIAN NATURAL RESOURCES - UPON COMPLETION OF MAINTENANCE, MAY AND JUNE AVERAGE GROSS PRODUCTION AT ALBIAN MINES TARGETED TO BE ABOUT 245,000 BBL/D.CANADIAN NATURAL RESOURCES-FIRE WAS CONTAINED TO PROCESS FURNACE IN NORTH UPGRADER, WHILE OPERATIONS AT BASE UPGRADER PLANT WERE NOT IMPACTED BY FIRE.CANADIAN NATURAL - PLANNED 38 DAY TURNAROUND AT SCOTFORD UPGRADER, IT WILL RUN AT RESTRICTED GROSS PROCESSING RATE OF ABT 200,000 BBL/D OF SCO..INVESTIGATION AND PLANNED MAINTENANCE ACTIVITIES CONTINUE ON NORTH UPGRADER.  Full Article

Canadian Natural Resources Limited Announces Establishment Of Automatic Securities Purchase Plan
Monday, 15 Apr 2019 

April 15 (Reuters) - Canadian Natural Resources Ltd ::CANADIAN NATURAL RESOURCES LIMITED ANNOUNCES ESTABLISHMENT OF AUTOMATIC SECURITIES PURCHASE PLAN.CANADIAN NATURAL RESOURCES - PURCHASES UNDER ASPP TO COMMENCE ON APRIL 16 AND WILL END ON MAY 10, 2019.  Full Article

Canadian Natural Resources Reports Q4 Shr Loss Of $0.64
Thursday, 7 Mar 2019 

March 7 (Reuters) - Canadian Natural Resources Ltd ::CANADIAN NATURAL RESOURCES LIMITED ANNOUNCES 2018 FOURTH QUARTER AND YEAR END RESULTS.QTRLY LOSS PER SHARE $0.64.ANNUAL PRODUCTION OF APPROXIMATELY 1,079,000 BOE/D.QTRLY ADJUSTED LOSS PER SHARE $0.21.CANADIAN NATURAL RESOURCES SAYS "STRONGLY SUPPORTS" GOVERNMENT OF ALBERTA'S MANDATORY PRODUCTION CURTAILMENT PROGRAM ANNOUNCED IN LATE 2018.CANADIAN NATURAL RESOURCES - ANNUAL CORPORATE CRUDE OIL AND NGLS PRODUCTION REACHED A RECORD 820,778 BBL/D, AN INCREASE OF 20% OVER 2017 LEVELS.WILL CONTINUE TO EVALUATE PROGRESS ON EXPORT PIPELINES BEFORE ENACTING INCREASES, IF ANY, TO BASE 2019 CAPITAL BUDGET.CANADIAN NATURAL - 2019 CORPORATE NATURAL GAS ANNUAL PRODUCTION GUIDANCE REMAINS UNCHANGED AND IS TARGETED TO RANGE BETWEEN 1,485 MMCF/D - 1,545 MMCF/D.CANADIAN NATURAL RESOURCES - CO'S 2019 INTERNATIONAL ANNUAL PRODUCTION GUIDANCE REMAINS UNCHANGED AND IS TARGETED TO RANGE FROM 42,000 BBL/D - 46,000 BBL/D.CANADIAN NATURAL RESOURCES - PRODUCTION VOLUMES IN Q4/18 AVERAGED 1,081,368 BOE/D, A 2% INCREASE OVER Q3/18 LEVELS AND A 6% INCREASE OVER Q4/17 LEVELS.CANADIAN NATURAL'S ANNUAL 2019 CAPITAL EXPENDITURES ARE TARGETED TO BE APPROXIMATELY $3.7 BILLION.SEES ANNUAL 2019 PRODUCTION LEVELS TO AVERAGE BETWEEN 782,000 AND 861,000 BBL/D OF CRUDE OIL AND NGLS.CANADIAN NATURAL RESOURCES - TARGETS ANNUAL 2019 PRODUCTION LEVELS TO AVERAGE BETWEEN 1,485 AND 1,545 MMCF/D OF NATURAL GAS, BEFORE ROYALTIES.  Full Article

Canadian Natural Resources Limited Announces 2019 Budget
Wednesday, 5 Dec 2018 

Dec 5 (Reuters) - Canadian Natural Resources Ltd ::CANADIAN NATURAL RESOURCES LIMITED ANNOUNCES 2019 BUDGET.CANADIAN NATURAL RESOURCES - COMPANY IS TARGETING A 2019 BASE CAPITAL PROGRAM OF $3.7 BILLION, ABOUT $1.0 BILLION LESS THAN ITS NORMALIZED CAPITAL PROGRAM.CANADIAN NATURAL RESOURCES - PRODUCTION IN 2019 IS TARGETED TO BE BETWEEN 1,030,000 BOE/D AND 1,119,000 BOE/D.CANADIAN NATURAL RESOURCES - 2019 CRUDE OIL AND NGL PRODUCTION IS TARGETED TO BE IN LINE WITH 2018 LEVELS, RANGING FROM 782,000 BBL/D TO 861,000 BBL/D.CANADIAN NATURAL RESOURCES- 2019 DRILLING PROGRAM IN BASE BUDGET IS TARGETING 97 NET PRODUCER WELLS, DECREASE OF 419 WELLS FROM 2018 TARGETED LEVELS.CANADIAN NATURAL RESOURCES - LIGHT CRUDE OIL, NGLS, SYNTHETIC CRUDE OIL PRODUCTION IN 2019 TARGETED TO BE ABOUT 53% OF TOTAL CORPORATE BOE PRODUCTION.CANADIAN NATURAL RESOURCES- IF PRICING DIFFERENTIALS & MARKET ACCESS IMPROVE IN 2019, CO CAN INVEST ADDITIONAL CAPITAL UP TO ABOUT $700 MILLION IN 2019.CANADIAN NATURAL - IN FORESEEABLE FUTURE, SEES LONG-TERM PRODUCTION/ SHARE GROWTH OF 7% - 8%, NORMALIZED CAPITAL PROGRAM IN $4.7 BILLION - $5.0 BILLION RANGE.IN 2019 COMPANY TARGETS MAINTENANCE CAPITAL AT APPROXIMATELY $3.1 BILLION.  Full Article

Canadian Natural Resources Says Production Volumes In Q3 2018 Averaged 1,060,629 BOE/D, Up 2 pct from Q3 2017
Thursday, 1 Nov 2018 

Nov 1 (Reuters) - Canadian Natural Resources Ltd ::CANADIAN NATURAL RESOURCES LIMITED ANNOUNCES 2018 THIRD QUARTER RESULTS.QTRLY EARNINGS PER SHARE $1.47.COMPANY FORECASTS ANNUAL 2018 PRODUCTION LEVELS TO AVERAGE BETWEEN 802,000 AND 868,000 BBL/D OF CRUDE OIL AND NGLS.COMPANY FORECASTS ANNUAL 2018 PRODUCTION LEVELS TO AVERAGE BETWEEN 1,550 AND 1,600 MMCF/D OF NATURAL GAS.SAYS PRODUCTION VOLUMES IN Q3 18 AVERAGED 1,060,629 BOE/D, COMPARABLE TO Q2 18 AND AN INCREASE OF 2% FROM Q3/17 LEVELS.CANADIAN NATURAL RESOURCES - Q4/18 PRODUCTION GUIDANCE BEFORE ROYALTIES IS FORECAST TO AVERAGE BETWEEN 801,000 AND 849,000 BBL/D OF CRUDE OIL & NGLS.Q4/18 PRODUCTION GUIDANCE BEFORE ROYALTIES IS FORECAST TO AVERAGE BETWEEN 1,480 AND 1,510 MMCF/D OF NATURAL GAS.CANADIAN NATURAL'S ANNUAL 2018 CAPITAL EXPENDITURES ARE TARGETED TO BE APPROXIMATELY $4.6 BILLION.CO FORECASTS ANNUAL 2018 PRODUCTION LEVELS FOR CRUDE OIL, NGLS AND NATURAL GAS ARE BEFORE ROYALTIES.CANADIAN NATURAL - MARK STAINTHORPE, VP-CAPITAL MARKETS, WILL ASSUME ROLE OF CFO AND SENIOR VP, FINANCE AND WILL JOIN MANAGEMENT COMMITTEE.  Full Article

UPDATE 3-Canada approves contentious oil pipeline expansion, expects legal challenges

OTTAWA/CALGARY, Alberta, June 18 Canada on Tuesday approved as expected a hotly contested proposal to expand the western Canadian crude oil pipeline it bought last year, providing hope for a depressed energy industry but angering environmental groups.