Canadian Natural Resources Limited (T:CNQ)
Business Focus: Oil & Gas Exploration and Production (NEC)
Mixed as of March 01, 2023
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| This company is also listed in the United States as CNQ on the NYSE. Click here to get the live US quote and see if there are any SEC insider filings.. |
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Insider Filings
Latest 10 SEDI filings for CNQ within the last 6 months
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Company News
Mar 08, 2023 17:30 ET
Canadian Natural Resources Limited Announces Normal Course Issuer Bid
Calgary, Alberta--(Newsfile Corp. - March 8, 2023) - Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) ("Canadian Natural") announced today that the Toronto Stock Exchange has accepted notice filed by Canadian Natural of its intention to make a Normal Course Issuer Bid ("NCIB") through the facilities of the Toronto Stock Exchange ("TSX") or other alternative Canadian trading systems. Purchases may also be made through the facilities of the New York Stock Exchange.
Mar 02, 2023 05:00 ET
Canadian Natural Resources Limited Announces 2022 Fourth Quarter and Year End Results
Calgary, Alberta--(Newsfile Corp. - March 2, 2023) - Canadian Natural's (TSX: CNQ) (NYSE: CNQ) 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 increase of 4% from 2021 levels, and 8% growth on a production per share basis. This growth was largely driven by our strategic investment in our robust natural gas assets, which grew 23% from 2021 levels, achieving record annual natural gas production of approximately 2.1 Bcf/d. Our culture of continuous improvement, focus on cost control and disciplined capital allocation continue to drive strong operational and financial results, maximizing value for shareholders.
Valuation Ratios
Industry
Sector
Beta
2.02
--
--
Price to Sales - TTM
1.91
3.48
2.91
Price to Book - most recent quarter
2.11
1.67
1.78
Price to Cash Flow per share - TTM
4.41
3.57
4.48
Price to Free Cash Flow per share - TTM
8.68
10.34
12.94
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Mar 15, 2023 | 10,710,648 | 248,617 |
| Feb 28, 2023 | 10,462,031 | -4,003,891 |
| Feb 15, 2023 | 14,465,922 | -967,108 |
Business Summary
| Sector: Energy | Industry: Oil & Gas Exploration and Production |
Canadian Natural Resources Limited is an independent crude oil and natural gas exploration, development and production company. The Company's exploration and production operations are focused on North America, in Western Canada; the United Kingdom portion of the North Sea; and Cote d'Ivoire and South Africa in Offshore Africa. The Company's exploration and production activities are conducted in three geographic segments: North America, North Sea and Offshore Africa. The Oil Sands Mining and Upgrading segment produces synthetic crude oil through bitumen mining and upgrading operations at Horizon Oil Sands (Horizon) and through its direct and indirect interest in Athabasca Oil Sands Project (AOSP). Within Western Canada, in the Midstream and Refining segment, its activities include pipeline operations, an electricity co-generation system and an investment in the North West Redwater Partnership (NWRP), a general partnership formed to upgrade and refine bitumen in the Province of Alberta.
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