Canadian Natural's President, Scott Stauth, commented on the Company's 2026 budget, "Our 2026 budget is anchored around our unparalleled assets, execution, and resilience, which positions Canadian Natural as one of the most reliable and value-driven independents in our industry. Our low cost, long life low decline asset base allows Canadian Natural to maintain a strong balance sheet through commodity price cycles while [...]
Canadian Natural Resources Ltd. announces that on December 4, 2025, it priced the following medium-term notes which were sold to investors in Canada: Note / Coupon Principal Maturity Price per Note Yield to Maturity 3 year / 3.30% C$550,000,000 December 8, 2028 C$99.887 3.340% 5 year / 3.75% C$550,000,000 February 8, 2031 C$99.781 3.798% 10 year / 4.55% C$550,000,000 February 8, 2036 C$99.700 4.588% CIBC Capital Markets [...]
Canadian Natural Resources Ltd. announces that its Board of Directors has declared a quarterly cash dividend on its common shares of C$0.5875 . The dividend will be payable on January 6, 2026 to shareholders of record at the close of business on December 12, 2025. Canadian Natural's growing and sustainable dividend demonstrates the confidence that the Board of Directors has in the sustainability of our business model, our [...]
Canadian Natural's President, Scott Stauth, commented on the Company's third quarter results, "Operations were strong in Q3/25 as we achieved record quarterly production volumes totaling approximately 1,620 MBOE/d, including records for both liquids and natural gas at 1,176 Mbbl/d and 2,668 MMcf/d respectively. We increased total corporate production by 19% or approximately 257,000 BOE/d from Q3/24 levels, reflecting both [...]
Canadian Natural Resources Ltd. announces it has closed the asset swap with Shell Canada Limited and affiliates related to the Athabasca Oil Sands Project , whereby Canadian Natural swapped 10% of its working interest in the Scotford Upgrader and Quest Carbon Capture and Storage facilities for Shell's remaining 10% working interest in the Albian oil sands mines, associated reserves and additional various working interests [...]
Canadian Natural held its Annual and Special Meeting of Shareholders on May 8, 2025. The result of the vote by shareholders for each resolution is reported below. The election of the following nominees as directors of the Corporation for the ensuing year or until their successors are elected or appointed. Votes For Votes Withheld Catherine M. Best 1,290,773,343 105,594,697 92.44 % 7.56 % Dr. M. Elizabeth Cannon [...]
Canadian Natural Resources Ltd. announces that its Board of Directors has declared a quarterly cash dividend on its common shares of C$0.5875 . The dividend will be payable on July 3, 2025 to shareholders of record at the close of business on June 13, 2025. As previously announced, in March 2025 the Board of Directors increased the quarterly dividend by 4% per common share. Canadian Natural's growing and sustainable [...]
Canadian Natural's President, Scott Stauth, commented on the Company's Q1/25 results, "We have a long track record of being an industry leading effective and efficient producer while consistently delivering top tier operational and financial performance. All our employees are shareholders, with a strong focus on continuous improvement, consistently driving strong results. In Q1/25 we achieved record quarterly production [...]
Canadian Natural Resources Ltd. announces that it has amended its Amended, Compiled and Restated Stock Option Plan to clarify that the amendment provisions of the Plan require shareholder approval for any amendments to such provisions . The Amendment updates the disclosure on page 16 and Schedule D of Canadian Natural's proxy statement and management information circular dated March 19, 2025 and is effective as of the [...]
Canadian Natural Resources Ltd. announced today that the Toronto Stock Exchange has accepted notice filed by Canadian Natural of its intention to make a Normal Course Issuer Bid through the facilities of the TSX or other alternative Canadian trading systems. 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 [...]
Canadian Natural Resources Ltd. announces that its Board of Directors approved a 4% increase to its quarterly cash dividend on its common shares to C$0.5875 per common share, up from the previous quarterly cash dividend of $0.5625 per common share. The dividend will be payable on April 4, 2025 to shareholders of record at the close of business on March 21, 2025. The Company has a leading track record of dividend [...]
Canadian Natural's President, Scott Stauth, commented on the Company's 2024 fourth quarter and year end results, "2024 was an excellent year for us, as we achieved strong growth and set several new production records from our base operations, before including acquisitions that closed in 2024. Additionally, including acquisitions, we achieved record annual average production of over 1,363,000 BOE/d in 2024, which includes [...]