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Canadian Natural Resources Ltd (CNQ.N)

CNQ.N on New York Stock Exchange

28.50USD
23 Jun 2017
Change (% chg)

$0.04 (+0.14%)
Prev Close
$28.46
Open
$28.50
Day's High
$28.82
Day's Low
$28.24
Volume
767,024
Avg. Vol
934,241
52-wk High
$35.27
52-wk Low
$27.53

Latest Key Developments (Source: Significant Developments)

Canadian Natural Resources prices C$1.8 bln in 3, 9.5 and 30 year medium-term notes
Tuesday, 23 May 2017 10:55pm EDT 

May 23 (Reuters) - Canadian Natural Resources Ltd :Canadian Natural Resources Limited prices C$1.8 billion in 3, 9.5 and 30 year medium-term notes.Intends to use net proceeds from sale of medium-term notes to finance acquisition of working interest in Athabasca Oil Sands Project.Priced C$900 million 2020 2.05 percent notes at C$99.977.Priced C$600 million 2026 3.42 percent notes at C$100.Priced C$300 million 2047 4.85 percent notes at C$100.00.  Full Article

Canadian Natural Resources Qtrly earnings per share $0.22
Thursday, 4 May 2017 05:00am EDT 

May 4 (Reuters) - Canadian Natural Resources Ltd ::Canadian Natural Resources Limited announces 2017 first quarter results.Qtrly earnings per share $ 0.22.Qtrly adjusted earnings per share $0.25.Canadian Natural Resources Ltd - company's corporate production volumes averaged 876,907 boe/d in q1/17, representing a 4 pct increase from q1/16 levels.Qtrly ffo per share $1.46.Canadian Natural Resources Ltd - forecasts annual 2017 production levels to average between 550,000 and 590,000 bbl/d of crude oil.Canadian Natural Resources - q2/17 production guidance before royalties is forecast to average between 544,000 and 570,000 bbl/d of crude oil and ngls.  Full Article

Canadian Natural Resources announces Q1 results
Thursday, 4 May 2017 05:00am EDT 

May 4 (Reuters) - Canadian Natural Resources Ltd ::Canadian Natural Resources Limited announces 2017 first quarter results.  Full Article

Canadian Natural says may be 'indifferent' to potential U.S. border tax
Thursday, 2 Mar 2017 11:59am EST 

Canadian Natural Resources Ltd says : May be "indifferent" to potential U.S. border tax .Potential tax may hurt Canadian dollar, thus lowering costs.  Full Article

Canadian Natural Resources qtrly FFO per share $1.50
Thursday, 2 Mar 2017 05:05am EST 

Canadian Natural Resources Ltd : Canadian natural resources limited announces 2016 fourth quarter and year end results . Canadian natural resources ltd sees 6% production growth with a $3.9 billion capital program for 2017 . Qtrly FFO per share $ 1.50 . Qtrly corporate production volumes averaged 859,577 boe/d . Canadian natural sees 2017 production to average 550,000-590,000 bbl/d crude oil and ngls and 1,700 - 1,760 mmcf/d of natural gas, before royalties . Board approved its intention to buy back up to 27.8 million of its common shares . Co's 2017 horizon annual production guidance remains unchanged, is targeted to range from 170,000 bbl/d to 184,000 bbl/d of sco . Canadian natural resources sees q1 production before royalties to average 591,000 -615,000 bbl/d crude oil and ngls and 1,700 - 1,740 mmcf/d natural gas . Q1 production guidance before royalties is forecast to average between 591,000 and 615,000 bbl/d of crude oil . 2017 total natural gas annual production guidance remains unchanged and is targeted to range from 1,700 mmcf/d to 1,760 mmcf/d . Reduced supply resulted in natural gas storage inventories returning to historically normal levels by end of 2016 . Canadian natural resources ltd - board of directors approved a 10% increase to quarterly dividend from $0.25 per share to $0.275 per share.  Full Article

Canadian Natural Resources Q4 avg production of about 178,000 bbl/d
Thursday, 2 Feb 2017 05:00am EST 

Canadian Natural Resources Ltd - : December 2016 production averaging approximately 184,000 bbl/d of synthetic crude oil for horizon oil sands . Average production in q4 of 2016 reached about 178,000 bbl/d of SCO, at high end of previously issued guidance . Horizon continues to perform above expected design rates, with January 2017 production averaging approximately 195,000 bbl/d of SCO . Lowering its 2017 SCO operating cost guidance by $2.00/bbl to $24.00/bbl to $27.00/bbl, including planned downtime for maintenance .Horizon phase 3 expansion, targeted to add 80,000 bbl/d of SCO production is on schedule, on budget for commissioning in q4 2017.  Full Article

Canadian Natural Resources Q3 loss per share $0.29
Thursday, 3 Nov 2016 05:00am EDT 

Canadian Natural Resources Ltd : Forecasts annual 2016 production levels to average between 514,000 and 563,000 bbl/d of crude oil and NGLS . Canadian natural resources limited announces 2016 third quarter results . Q3 loss per share $0.29 . Q2 adjusted loss per share $0.32 . Total natural gas quarterly production volumes averaged 1,645 mmcf/d . Forecasts annual 2016 production levels to average between 1,705 and 1,735 mmcf/d of natural gas, before royalties . Q4/16 production guidance before royalties is forecast to average between 575,000 and 599,000 bbl/d of crude oil and ngls . Q4/16 production guidance before royalties is forecast to average between 1,690 and 1,720 mmcf/d of natural gas. .Canadian Natural's annual 2016 capital expenditures are targeted to be approximately $4.4 billion.  Full Article

Canadian Natural Resources prices C$1 bln in 5.5 year notes
Tuesday, 9 Aug 2016 06:00pm EDT 

Canadian Natural Resources Ltd : Canadian natural resources limited prices C$1.0 billion in 5.5 year notes .Priced C$1.0 billion principal amount of 3.31% medium-term notes due feb 11, 2022 at a price of c$99.985 per c$100 principal amount.  Full Article

Canadian Natural Resources Q2 loss per share $0.31
Thursday, 4 Aug 2016 05:20am EDT 

Canadian Natural Resources Ltd : Canadian natural resources limited announces 2016 second quarter results . Qtrly loss per share $0.31; qtrly adjusted loss per share $0.19 . Says forecasts annual 2016 production levels to average between 514,000 and 563,000 bbl/d of crude oil . Sees annual 2016 production levels to average between 1,705 and 1,735 mmcf/d of natural gas, before royalties . q3/16 production guidance before royalties is forecast to average between 458,000 and 484,000 bbl/d of crude oil and ngls . Sees q3 natural gas production between 1,645 mmcf/d and 1,685 mmcf/d . Qtrly daily natural gas production before royalties 1,689 mmcf/d versus 1,779 mmcf/d . Says corporate production volumes averaged 783,988 boe/d in q2/16, representing a 3% decrease . Qtrly daily crude oil and ngls production before royalties 502,410 bbl/d versus 509,047 bbl/d .Reallocated $50 million of development capital across basin while remaining within annual corporate capital guidance.  Full Article

Canadian Natural says returned to normal operations at Pelican Lake facility following wildfire threat
Thursday, 9 Jun 2016 11:17am EDT 

Canadian Natural Resources Ltd :Says "has returned to normal operations" at its pelican lake facility following wildfire threat, including the restart of 800 bpd of temporarily shut-in production.  Full Article

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