Canadian Natural Resources Limited Market Research Report

Company Overview

• Name: Canadian Natural Resources Limited

• Mission: "To develop people to work together to create value for the Company’s shareholders by doing it right with fun and integrity."

• Founded: No information is available

• Founders: No information is available

• Key People: No information is available

• Headquarters: 2100, 855 - 2 Street S.W., Calgary, AB T2P 4J8, Canada

• Number of Employees: No information is available

• Revenue: No information is available

• Known For: A senior crude oil and natural gas production company with diversified assets, including operations in Western Canada, the U.K. North Sea, and Offshore Africa. It is renowned for its strong focus on efficient and safe operations, delivering value to shareholders with its balanced mix of natural resources including natural gas, light crude oil, heavy crude oil, bitumen, and synthetic crude oil (SCO).

Products

• Natural Gas

• Description: Canadian Natural is one of the largest independent natural gas producers in Canada.

• Key Features: Includes one of the largest undeveloped land bases in Northeast British Columbia and Northwest Alberta, such as the Montney and Deep Basin.

• Light Crude Oil and NGLs

• Description: Offers a diverse portfolio of light crude oil and natural gas liquids in North America.

• Key Features: Opportunities for development and exploration exist in various regions including Côte d’Ivoire, Offshore Africa, and the UK portion of the North Sea.

• Heavy Crude Oil

• Description: One of Canada’s largest heavy crude oil producers.

• Key Features: Offers primary heavy crude oil with advanced technologies like the world’s leading polymer flood asset at Pelican Lake.

• Oil Sands

• Description: World-class mining and upgrading assets for synthetic crude oil.

• Key Features: 70% working interest and operation of Muskeg River and Jackpine mines. Owns 100% of the Horizon Oil Sands Mine and Upgrader, with advanced carbon sequestration projects.

Recent Developments

• Acquisition: Canadian Natural announced the acquisition of Chevron’s Alberta Assets in 2024.

• Dividends: In line with its policy for shareholder returns, the company declared an increase, resulting in a 7% increase to its quarterly dividend.

• Operational Enhancements: The company continues to focus on sustainable growth through technological innovation and expansion of its asset base.

• Legislation and Compliance: Canadian Natural is adapting to changes due to Bill C-59 impacting environmental communications. The company remains dedicated to reducing greenhouse gas emissions and promoting sustainability.

This report provides a comprehensive overview based on the available data and detailed insights into Canadian Natural Resources Limited, emphasizing its strengths, product offerings, and recent strategic maneuvers.