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Canadian Natural Resources Ltd

Company Summary

Description

Canadian Natural is one of the largest independent crude oil and natural gas producers in the world. The company has an effective and efficient, diversified combination of assets in North America, the North Sea and Offshore Africa, which enables them to generate significant value, even in challenging economic environments.

Website

http://www.cnrl.com/about-cnq/corporate-profile.ht...

Operational Regions

  • Western Canadian Sedimentary Basin
  • Saskatchewan
  • Athabasca Oil Sands
  • Fort McMurray Region
  • North Sea
  • Africa

Financial Data:

NYSE:CNQ from Google Finance

Tickers:

  • CNQ - New York Stock Exchange
  • CNQ - Toronto Stock Exchange

Related Entities

Recent news

  • 11/13/2020 - Canadian Natural... (subscriber access)
  • 11/2/2020 - Total Makes Large Gas... (subscriber access)
  • 10/9/2020 - Peace River Regulators... (subscriber access)
  • 10/7/2020 - Canadian Natural... (subscriber access)
  • 10/2/2020 - Painted Pony Recieves... (subscriber access)

Investor Presentations

  • 1Q20 Earnings Presentation
  • October 2019 Presentation (subscriber access)
  • July 2019 Investor Presentation (subscriber access)
  • Investor Presentation - October 2016 (subscriber access)
  • June 2016 Investor Presentation (subscriber access)
  • Full Year Guidance - May 2016 (subscriber access)
  • Canadian Natural Resources - 2015 Annual Report (subscriber access)

Company Transactions

Date: 10/6/2020
Type: Acquisition

DETAILS:

COST: 461 $MM

VOLUMES: 298 Mmcfe/d

NOTES:
Canadian Natural Resources has entered into a deal to acquire Painted Pony Resources for a cash consideration of $0.69/share while also assuming $350 million in debt. The share price represents a 30% premium to their share price and will total $111 million in cash, bringing the deal price to $461 million including debt.
REGIONS:
  • Western Canadian Sedimentary Basin
  • Date: 1/1/2019
    Type: Acquisition

    DETAILS:

    COST: 2.8 $B

    VOLUMES: 128.3 M Bbls/d

    ACRES: 1500000 Acres

    NOTES:
    Canadian Natural Resources entered into an agreement to acquire substantially all of the Canadian assets of Devon for C$3.775 billion ($2.8 billion) , containing an effective date of January 1, 2019, and a targeted closing date of June 27, 2019.
    REGIONS:
  • Western Canadian Sedimentary Basin
  • Date: 9/30/2018
    Type: Acquisition

    DETAILS:

    COST: 83 $MM

    VOLUMES: 36.75 Percent

    NOTES:
    Suncor closed on their agreement to sell its 36.75% interest in the Joslyn Oil Sands mining project for total proceeds of $83 million at the end of 3Q18.
    REGIONS:
  • Western Canadian Sedimentary Basin
  • Date: 9/24/2018
    Type: Acquisition

    DETAILS:

    COST: 46.35 $MM

    REGIONS:
  • Western Canadian Sedimentary Basin
  • Date: 8/31/2018
    Type: Acquisition

    SELLERS:
  • Total E&P Canada
  • PROJECTS:
  • Joslyn Oil Sands
  • DETAILS:

    COST: 250 $MM

    VOLUMES: 160 M Bbls/d

    REGIONS:
  • Athabasca Oil Sands
  • Date: 5/9/2018
    Type: Acquisition

    NOTES:
    Royal Dutch Shell has entered into a deal to sell its 97.56 million share stake in Canadian Natural Resources which will consist of pre-tax proceeds of $3.3 billion.
    REGIONS:
  • Canada
  • International
  • Date: 9/30/2017
    Type: Acquisition

    DETAILS:

    COST: 975 $MM

    VOLUMES: 19.6 MBOE/d

    REGIONS:
  • Pelican Lake Heavy Oil Field
  • Date: 5/31/2017
    Type: Acquisition

    REGIONS:
  • Athabasca Oil Sands