Canadian Natural Resources Ltd.

• Scott Stauth to take over as president of CNRL

  CNRL. president Tim McKay will retire next year after a five-year leadership stint that coincided with the Calgary-based company surpassing $100 billion in market value.

  Economy

  Nov 2, 2023
  
• Narrowed price discount for oilsands bitumen should boost cash flows in Q2: Analysts

  Analysts say a dramatic narrowing in the price discount for western Canadian heavy crude last quarter should mean healthy profits for oilsands producers.

  Canada

  Jul 25, 2023
  
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• Canadian Natural Resources’ Q4 profit down from year ago; extreme cold affects output

  Extreme cold weather caused the company to reduce production, leading to a miss on profit expectations.

  Canada

  Mar 2, 2023
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• Proposed emissions cap on oil and gas sector ‘overly ambitious’

  The head of Canada's largest oil-and-gas producing company criticized the federal government's proposed emissions cap for the energy sector Thursday.

  Canada

  Aug 4, 2022
• Canadian Natural Resources sees first quarter profit more than double

  With the war in Ukraine pushing oil prices to heights not seen in years, CNRL said it now expects its net debt level to fall below $8 billion in late 2022 or early 2023.

  Economy

  May 5, 2022
• Canadian Natural Resources reports Q4 profit up, raises quarterly dividend

  Canadian Natural Resources Ltd. is not betting the bank on a sustained oil price boom, even as Russia's invasion of Ukraine has sent benchmark crude soaring this week.

  Money

  Mar 3, 2022
• Canadian Natural Resources expects to increase capital spending for 2022

  Canadian Natural Resources Ltd. says it expects about $4.3 billion in capital spending this year, up from nearly $3.5 billion in 2021.

  Money

  Jan 11, 2022
• Alberta reduced pollution payments for top-emitting oil sands site for 3 years: docs

  From 2018 to 2020, Alberta lowered Canadian Natural Resources Ltd's costs for its oil-producing Peace River site to comply with provincial emissions requirements.

  Environment

  Dec 8, 2021
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• CNRL to acquire Storm Resources for $6.28 per share

  CNRL says it has reached a deal to acquire Calgary-based oil and gas explorer Storm Resources Ltd. for $6.28 per share, a price that pegs Storm's enterprise value at $960 million.

  Money

  Nov 11, 2021
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• Canadian Natural reports $2.2B Q3 profit, raises quarterly dividend

  CNRL chief executive Tim McKay said the company "will require collaboration'' from government in order to meet its goal of achieving net-zero greenhouse gas emissions by 2050.

  Money

  Nov 4, 2021