Canadian Natural Resources Ltd.

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 Toronto Stock Exchange 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 [...]

Canadian Natural Resources Ltd. announces that its Board of Directors has approved a 6% increase to its quarterly cash dividend on its common shares to C$0.90 per common share. The dividend will be payable on April 5, 2023 to shareholders of record at the close of business on March 17, 2023. Canadian Natural's growing and sustainable dividend demonstrates the confidence that the Board of Directors has in the [...]

Canadian Natural's President, Tim McKay, commented on the Company's 2022 results, "In 2022, we demonstrated the strength of our balanced, diverse asset base that when combined with our flexible capital allocation strategy, resulted in substantial free cash flow generation, significant returns to our shareholders and strong reserve growth. We achieved record annual production of 1,281,434 BOE‍/‍d in 2022, an [...]

Canadian Natural's President, Tim McKay, commented on the Company's 2023 Budget, "Our dedicated teams are focused on safe, reliable, effective and efficient operations throughout our high quality and diverse asset base. Our large, low risk, high value reserves provide us optionality and flexibility to allocate capital to our highest return projects. Our diversified and balanced production maximizes value for our [...]

Canadian Natural Resources Ltd. announces that its Board of Directors has approved a 13% increase to its quarterly dividend on its common shares to C$0.85 per common share. The dividend will be payable on January 5, 2023 to shareholders of record at the close of business on December 16, 2022. Canadian Natural's growing and sustainable dividend demonstrates the confidence that the Board of Directors has in the [...]

Canadian Natural's President, Tim McKay, commented on the Company's third quarter 2022 results, "We remain focused on safe, reliable, effective and efficient operations and our 2022 capital program remains unchanged at approximately $4.9 billion, excluding acquisitions. Our culture of continuous improvement and focus on cost control combined with our disciplined and balanced approach to capital allocation continues to [...]

Canadian Natural's President, Tim McKay, commented on the Company's second quarter 2022 results, "Our world class asset base is strategically balanced across commodity types so we can be flexible and capture opportunities throughout the commodity price cycle to maximize value for our shareholders. A substantial portion of our unique and diverse asset base consists of long life low decline assets which have significant [...]

Canadian Natural Resources Ltd. announces that its Board of Directors has declared a quarterly cash dividend on its common shares of C$0.75 per common share. The dividend will be payable on October 5, 2022 to shareholders of record at the close of business on September 16, 2022. Canadian Natural's growing and sustainable dividend demonstrates the confidence that the Board of Directors has in the sustainability of our [...]

Canadian Natural Resources Ltd. announces that strong execution across the Company's operations year-to-date has resulted in substantial free cash flow generation driven by our top tier long life low decline assets with low maintenance capital requirements and our low cost structure. The financial position of the Company is very robust and net debt is targeted to decrease rapidly with significant free cash flow generation [...]

Canadian Natural held its Annual and Special Meeting of the Shareholders on May 5, 2022. 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 872,896,490 95.23% 43,706,921 4.77% M. Elizabeth Cannon 909,462,662 [...]