Key Developments: Canadian Natural Resources Ltd (CNQ.BE)
22.83EUR
20 May 2013
€0.17 (+0.73%)
€22.67
€22.83
€22.83
€22.83
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637
€26.45
€20.57
Latest Key Developments (Source: Significant Developments)
Canadian Natural Resources Ltd Prices CAD500 Million In Seven Year Notes
Canadian Natural Resources Ltd announced that it has priced CAD500 million principal amount of 2.89% unsecured notes due August 14, 2020 which have been sold to investors in Canada. The notes were sold at a price of C$100.003 per note to yield 2.89% to maturity. Net proceeds from the sale of the notes will be used to repay bank indebtedness and for general corporate purposes. Scotia Capital Inc. and RBC Dominion Securities Inc. acted as joint lead agents and joint bookrunners for the offering. BMO Nesbitt Burns Inc., CIBC World Markets Inc., Merrill Lynch Canada Inc., Desjardins Securities Inc. and Altacorp Capital Inc. acted as co-agents. Full Article
Canadian Natural Resources Ltd Declares Quarterly Cash Dividend
Canadian Natural Resources Ltd announced that Board of Directors has declared a quarterly cash dividend on its common shares of CAD0.125 (twelve and one-half cents) per common share. The dividend will be payable July 1, 2013 to shareholders of record at the close of business on June 14, 2013.. Full Article
Canadian Natural Resources Ltd Announces Normal Course Issuer Bid
Canadian Natural Resources Ltd announced intention to make a Normal Course Issuer Bid through the facilities of Toronto Stock Exchange. Purchases may also be made through the facilities of the New York Stock Exchange. The notice provides that Canadian Natural may, during the 12 month period commencing April 9, 2013 and ending April 8, 2014, purchase for cancellation on Toronto Stock Exchange, alternative Canadian markets, and the New York Stock Exchange up to 54,635,116 shares, being 5% of the 1,092,702,318 outstanding common shares as at March 31, 2013. Canadian Natural will not acquire more than 25% of the average daily trading volume of common shares during a trading day, being 670,276 common shares subject to certain prescribed exceptions. The price which Canadian Natural will pay for any such shares will be the market price at the time of acquisition. The actual number of common shares that may be purchased and the timing of any such purchases will be determined by Canadian Natural. Canadian Natural, pursuant to a Normal Course Issuer Bid that ends April 8, 2013, purchased for cancellation to March 31, 2013 at a weighted average price of CAD28.89 per common share, 11,086,200 of outstanding common shares. Full Article
Canadian Natural Resources Ltd Announces Change To Dividend Record Date
Canadian Natural Resources Ltd announced that the record date for the dividend payable April 1, 2013 has been changed from March 15, 2013 to March 18, 2013. In the previous release Company announced the regular quarterly dividend at $0.125 per common share (2012 - $0.105 per common share). The dividend will be payable April 1, 2013 to shareholders of record at the close of business on March 15, 2013. Full Article
Canadian Natural Resources Ltd Announces Regular Quarterly Dividend
Canadian Natural Resources Ltd announced that on March 6, 2013, the Company's Board of Directors set the regular quarterly dividend at $0.125 per common share (2012 - $0.105 per common share). The dividend will be payable April 1, 2013 to shareholders of record at the close of business on March 15, 2013. Full Article
Canadian Natural Resources Ltd Declares Quarterly Cash Dividend
Canadian Natural Resources Ltd announced that it has Declared a quarterly cash dividend on common shares of $0.105 per common share payable January 1, 2013. Full Article
Canadian Natural Resources Ltd Issues Q4 2012 Production Guidance; Revises FY 2012 Production Guidance
Canadian Natural Resources Ltd announced that for fiscal 2012, it expects production levels before royalties to average between 1,222 and 1,229 MMcf/d of natural gas and between 452,000 and 460,000 bbl/d of crude oil and NGLs. For fourth quarter of 2012, it expects production guidance before royalties to average between 1,145 and 1,165 MMcf/d of natural gas and between 467,000 and 495,000 bbl/d of crude oil and NGLs. Full Article
Canadian Natural Resources Ltd Announces Quarterly Dividend
Canadian Natural Resources Ltd announced the board of directors have declared a quarterly cash dividend on its common shares of CAD0.105 per common share. The dividend will be payable October 1, 2012 to shareholders of record at the close of business on September 14, 2012. Full Article
Canadian Natural Resources Limited Prices CAD500 Million In Seven Year Notes
Canadian Natural Resources Limited announced that it has priced CAD500 million principal amount of 3.05% unsecured notes due June 19, 2019 which have been sold to investors in Canada. The notes were sold at a price of CAD99.937 per note to yield 3.06% to maturity. Net proceeds from the sale of the notes will be used to repay bank indebtedness and for general corporate purposes. CIBC World Markets Inc. and RBC Dominion Securities Inc. acted as joint lead agents and joint bookrunners for the offering. BMO Nesbitt Burns Inc., Scotia Capital Inc., Merrill Lynch Canada Inc., Desjardins Securities Inc. and Altacorp Capital Inc. acted as co-agents. The sale of the notes was the first issuance under the short form Canadian base shelf prospectus dated October 28, 2011 that allows for the issuance of debt securities in an aggregate principal amount of up to CAD3 billion. Full Article
Canadian Natural profit falls on charges and weaker oil prices
CALGARY, Alberta, May 2 - Canadian Natural Resources Ltd, Canada's largest independent petroleum producer, said on Thursday its first-quarter profit fell by half as lower prices and one-time charges offset record oil production.
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